Signal
$NVR
- NVR (NYSE: NVR) reported Q1 2026 net income of $198.4M ($67.76 per diluted share), down 34% YoY from $299.6M ($94.83), on revenues of $1.88B (down 22% YoY from $2.40B).
What changed
$NVR
- NVR (NYSE: NVR) reported Q1 2026 net income of $198.4M ($67.76 per diluted share), down 34% YoY from $299.6M ($94.83), on revenues of $1.88B (down 22% YoY from $2.40B).
New orders rose 7% to 5,738 units, but settlements fell 22% to 4,015 units, and gross margin contracted to 19.6% from 21.9%.
Why it matters
- NVR (NYSE: NVR) reported Q1 2026 net income of $198.4M ($67.76 per diluted share), down 34% YoY from $299.6M ($94.83), on revenues of $1.88B (down 22% YoY from $2.40B).