NVR Q2 FY26 net income drops 29% to $236.5 million; revenue falls 10% to $2.33 billion

Reuters2026/07/23 13:05

By:Reuters

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NVR posted Q2 net income of USD 236.5 million, down 29%; diluted EPS fell 23% to USD 83.96.
Revenue dropped 10% to USD 2.33 billion; homebuilding gross margin narrowed 2.3 percentage points to 19.2%.
Homebuilding revenue slid 11% to USD 2.28 billion; segment pretax income sank 30% to USD 293.2 million.
New orders rose 9% to 5,885 units; settlements declined 8% to 5,058 units.
Mortgage closed loan production decreased 13% to USD 1.35 billion; segment pretax income fell 14% to USD 25.4 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NVR Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202607230900PR_NEWS_USPR_____PH10221) on July 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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NVR Q2 FY26 net income drops 29% to $236.5 million; revenue falls 10% to $2.33 billion

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