NVR · 10-Q · 2026Q3 · Full report

Segment Revenue Performance

NVR INC · 2026-11-04 · Importance 48 · Surprise 40 · No source text

For the first nine months of 2026, Mid Atlantic revenue declined 23% to $2.513 billion, North East fell 9% to $809.3 million, Mid East fell 10% to $1.235 billion, and South East fell 2% to $1.906 billion. Mid Atlantic’s segment profit fell 45% to $300.5 million, while its gross margin decreased to 21.3% from 23.7%. North East segment profit declined 34% to $109.4 million and gross margin fell to 21.8% from 26.3%; Mid East segment profit declined 20% to $153.6 million as gross margin fell to 20.2% from 21.1%. South East segment profit declined 20% to $123.5 million and gross margin fell to 17.4% from 18.7%. The company attributed regional margin declines primarily to higher lot costs, with lower settlements and backlog turnover also weighing on revenue in several regions.

Key facts

• Mid Atlantic Q3 2026 segment profit decreased approximately $64,500, or 38%; segment revenue decreased approximately $144,500, or 14%, and gross margin fell to 20.9% from 23.4%. source

Impact estimates