NVR INC

NVR 10-Q · Q1 2026

NVR Q1 2026 request

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Income Statement

Income Statement
Metric Q1 2026 Q1 2025 YoY
Revenue 1,881,063 2,403,032 -21.7%
Show Business Segments breakouts
Home Building Segment 1,834,879 2,350,445 -21.9%
Home Building Segment · Mid Atlantic 738,026 1,082,235 -31.8%
Home Building Segment · Mid East 310,452 412,409 -24.7%
Home Building Segment · North East 240,484 288,826 -16.7%
Home Building Segment · South East 545,917 566,975 -3.7%
Mortgage Banking 46,184 52,587 -12.2%
Interest And Fee Income Loans Held For Sale Mortgages (Q)
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Mortgage Banking 3,629 3,806 -4.7%
Other Income (Q)
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Home Building Segment 28,049 26,712 +5.0%
Mortgage Banking 777 1,093 -28.9%
Cost of Revenue (Q)
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Home Building Segment 1,474,539 1,835,375 -19.7%
Home Building Segment · Mid Atlantic 573,999 821,126 -30.1%
Home Building Segment · Mid East 246,526 328,090 -24.9%
Home Building Segment · North East 186,602 212,548 -12.2%
Home Building Segment · South East 451,188 455,274 -0.9%
Selling, General & Administrative (Q)
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Home Building Segment -156,971 -165,117 +4.9%
General & Administrative (Q)
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Mortgage Banking -23,127 -24,693 +6.3%
Interest Expense (Q)
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Home Building Segment -6,854 -7,181 +4.6%
Mortgage Banking -333 -273 -22.0%
Income Loss From Continuing Operations Before Income Taxes Domestic 251,694 402,004 -37.4%
Show Business Segments breakouts
Home Building Segment 224,564 369,484 -39.2%
Home Building Segment · Mid Atlantic 91,310 186,834 -51.1%
Home Building Segment · Mid East 34,667 53,609 -35.3%
Home Building Segment · North East 32,449 55,111 -41.1%
Home Building Segment · South East 28,645 45,730 -37.4%
Mortgage Banking 27,130 32,520 -16.6%
Mortgage Banking · Operating Segments 27,931 33,706 -17.1%
Show Consolidation Items breakouts
Corporate and Reconciling Items 36,692 27,014 +35.8%
Operating Segments 215,002 374,990 -42.7%
Income Tax Expense (Benefit) -53,335 -102,428 +47.9%
Net Income 198,359 299,576 -33.8%
Show Equity Components breakouts
Retained Earnings 198,359 299,576 -33.8%
EPS (Basic) 71.33 100.41 -29.0%
EPS (Diluted) 67.76 94.83 -28.5%
Wtd Avg Shares (Basic) 2,781 2,984 -6.8%
Wtd Avg Shares (Diluted) 2,928 3,159 -7.3%

Balance Sheet

Balance Sheet
Metric Q1 2026 Q1 2025 YoY
Current Assets
Cash & Cash Equivalents (Q)
Show Business Segments breakouts
Home Building Segment 1,645,786 2,176,902 -24.4%
Mortgage Banking 36,281 34,204 +6.1%
Non-Current Assets
Property, Plant & Equipment (Q)
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Home Building Segment 100,899 98,038 +2.9%
Mortgage Banking 7,892 7,286 +8.3%
Operating Lease Right-of-Use Assets (Q)
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Home Building Segment 108,985 84,791 +28.5%
Mortgage Banking 23,035 22,686 +1.5%
Total Assets 5,585,778 6,195,533 -9.8%
Show Business Segments breakouts
Home Building Segment 5,144,521 5,633,825 -8.7%
Home Building Segment · Mid Atlantic 1,325,414 1,326,436 -0.1%
Home Building Segment · Mid East 432,000 413,047 +4.6%
Home Building Segment · North East 395,991 376,644 +5.1%
Home Building Segment · South East 1,047,194 998,773 +4.8%
Mortgage Banking 441,257 561,708 -21.4%
Mortgage Banking · Operating Segments 433,910 554,361 -21.7%
Show Consolidation Items breakouts
Material Reconciling Items 1,951,269 2,526,272 -22.8%
Operating Segments 3,634,509 3,669,261 -0.9%
Deferred Tax Assets (Q)
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Material Reconciling Items 145,328 146,367 -0.7%
Other Assets
Restricted Cash And Cash Equivalents (Q)
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Home Building Segment 40,606 64,264 -36.8%
Mortgage Banking 7,014 12,540 -44.1%
Loans Receivable Held For Sale Net Not Part Of Disposal Group (Q)
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Mortgage Banking 287,475 391,914 -26.6%
Accounts Receivable Net (Q)
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Home Building Segment 35,423 36,543 -3.1%
Deposits Assets 938,981 757,197 +24.0%
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Home Building Segment 938,981 757,197 +24.0%
Other Assets (Q)
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Home Building Segment 335,331 264,138 +27.0%
Mortgage Banking 79,560 85,731 -7.2%
Inventory Real Estate Land And Land Development Costs (Q)
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Home Building Segment 19,433 70,050 -72.3%
Real Estate Inventory Construction Materials (Q)
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Home Building Segment 22,358 23,818 -6.1%
Building Inventory (Q)
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Home Building Segment 1,938,510 2,110,372 -8.1%
Non-Current Liabilities
Accounts Payable Current And Noncurrent (Q)
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Home Building Segment 332,321 364,929 -8.9%
Accrued Liabilities Current And Noncurrent (Q)
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Home Building Segment 374,987 455,369 -17.7%
Total Liabilities 2,091,744 2,240,869 -6.7%
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Home Building Segment 2,005,432 2,137,166 -6.2%
Mortgage Banking 86,312 103,703 -16.8%
Other Liabilities
Contract With Customer Liability (Q)
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Home Building Segment 273,422 315,746 -13.4%
Operating Lease Liability (Q)
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Home Building Segment 116,040 90,489 +28.2%
Mortgage Banking 25,150 24,694 +1.8%
Senior Notes (Q)
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Home Building Segment 908,662 910,633 -0.2%
Show Debt Instrument breakouts
$600M Senior Notes Due Two Thousand Thirty 908,662
Accounts Payable And Other Accrued Liabilities (Q)
Show Business Segments breakouts
Mortgage Banking 61,162 79,009 -22.6%
Stockholders' Equity
Common Stock 206 206 0.0%
Additional Paid In Capital Common Stock 3,202,642 3,057,037 +4.8%
Common Stock Shares Held In Employee Trust -16,710 -16,710 0.0%
Deferred Compensation Liability Current And Noncurrent 16,710 16,710 0.0%
Retained Earnings 16,585,128 15,346,529 +8.1%
Treasury Stock Value -16,293,942 -14,449,108 -12.8%
Total Stockholders' Equity 3,494,034 3,954,664 -11.6%
Show Equity Components breakouts
Additional Paid In Capital 3,202,642 3,057,037 +4.8%
Common Stock 206 206 0.0%
Deferred Compensation Liability 16,710 16,710 0.0%
Deferred Compensation Trust -16,710 -16,710 0.0%
Retained Earnings 16,585,128 15,346,529 +8.1%
Treasury Stock Common -16,293,942 -14,449,108 -12.8%
Total Liabilities & Equity 5,585,778 6,195,533 -9.8%
Lots And Housing Units Covered Under Sales Agreements With Customers (Q)
Show Business Segments breakouts
Home Building Segment 1,652,220 1,774,287 -6.9%
Unsold Lots And Housing Units (Q)
Show Business Segments breakouts
Home Building Segment 244,499 242,217 +0.9%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q1 2026 YTD Q1 2025 YoY
Operating Activities
Depreciation & Amortization 6,742 5,782 +16.6%
Stock-Based Compensation 13,287 18,527 -28.3%
Show Consolidation Items breakouts
Material Reconciling Items 13,287 18,527 -28.3%
Contract Land Deposit Impairment Recoveries 8,901 8,118 +9.6%
Gain Loss On Sale Of Mortgage Loans -38,871 -42,987 +9.6%
Payments For Origination Of Mortgage Loans Held For Sale -1,056,391 -1,433,354 +26.3%
Proceeds From Sale Of Mortgage Loans Held For Sale 1,371,938 1,416,656 -3.2%
Change in Inventory -214,950 -51,665 -316.0%
Increase Decrease In Deposits Outstanding -96,424 -38,640 -149.5%
Increase Decrease In Receivables 49,904 -18,167 +374.7%
Increase Decrease In Accounts Payable And Accrued Liabilities 71,782 55,502 +29.3%
Change in Deferred Revenue 24,212 -7,180 +437.2%
Other Operating Activities Cash Flow Statement 1,197 -4,387 +127.3%
Net Cash from Operations 339,686 207,781 +63.5%
Investing Activities
Payments To Acquire Interest In Joint Venture -4,388 -8,167 +46.3%
Proceeds From Divestiture Of Interest In Joint Venture 21,559
Capital Expenditures -4,871 -7,059 +31.0%
Proceeds From Sale Of Property Plant And Equipment 165 210 -21.4%
Net Cash from Investing 12,465 -15,016 +183.0%
Financing Activities
Share Repurchases -631,956 -583,394 -8.3%
Finance Lease Principal Payments -1,476 -1,066 -38.5%
Proceeds From Stock Options Exercised 54,087 14,938 +262.1%
Net Cash from Financing -579,345 -569,522 -1.7%
Supplemental
Interest Paid 810 651 +24.4%
Income Taxes Paid 5,255 3,863 +36.0%
Other Cash Flow
Net Change in Cash -227,194 -376,757 +39.7%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 1,729,687 2,287,910 -24.4%

Values in thousands USD. Source: SEC EDGAR 10-Q filing.

This table is rendered from the same JSON returned by /api/financials.

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