NVR · 10-Q · 2026Q3 · Full report
Revenue Performance and Mix
NVR INC · 2026-11-04 · Importance 48 · Surprise 32 · No source text
Consolidated revenue was $2.402 billion in the third quarter of 2026, down 8% year over year; homebuilding revenue fell 8% to $2.349 billion as settlements declined 7% and average settlement price declined 2%. For the first nine months of 2026, homebuilding revenue fell 13% to $6.464 billion, with settlements down 12% and average settlement price down 2%. New-order average prices fell 5% in the quarter and 4% in the nine-month period, reflecting pricing pressure and a shift from detached to generally lower-priced attached homes. Backlog at September 30, 2026 rose 10% to 10,121 units and 4% to $4.585 billion year over year, while average backlog price declined 6%.
Key facts
- NVR's Q3 2026 net income was $248,605, or $89.45 per diluted share; net income decreased 27% and diluted EPS decreased 20% versus Q3 2025. source
- NVR's consolidated Q3 2026 revenue was $2,402,430, down 8% year over year. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | negative | realized | -8.7% | NVR's consolidated Q3 2026 revenue was $2,402,430, down 8% year over year. |
| net_income | negative | realized | -3.8% | NVR's Q3 2026 net income was $248,605, or $89.45 per diluted share; net income decreased 27% and diluted EPS decreased 20% versus Q3 2025. |