NVR · 10-Q · 2026Q2 · Full report
Supply Chain and Capacity
NVR INC · 2026-08-05 · Importance 15 · Surprise 14
Backlog turnover depends on internal production capacity, external subcontractor capacity, building-material availability and regulatory approvals. NVR identifies these factors as potential constraints on the timing of settlements, although the filing does not quantify material shortages or lead-time changes. The company increased its average active communities by 4% in the second quarter and 6% in the first six months, supporting higher new-order activity. Inventory increased primarily because of more units under construction, indicating production was being maintained or expanded despite weaker settlement volumes.