Filings monitor · NVR

What NVR INC's SEC filings said

10-Q for 2026Q3, filed 4 Nov 2026. Each line is something a filing stated, ranked by score and linked to its source.

Ranked highest

1. Community Count and Land Position57 · importance in its document · 10-Q · 2026Q3
   At September 30, 2026, NVR controlled approximately 185,300 lots, up from 180,100 at December 31, 2025, primarily through third-party lot purchase agreements. The company controlled approximately 176,000 lots under LPAs, supported by…
2. Liquidity and Debt Position57 · importance in its document · 8-K exhibit · 22 Oct 2026
   At September 30, 2026, homebuilding cash and cash equivalents were $1.091 billion, down from $1.884 billion at December 31, 2025. Mortgage banking cash was $34.1 million, compared with $32.6 million at year-end 2025. Senior notes stood at…
3. Capital Return Program53 · importance in its document · 10-Q · 2026Q3
   NVR repurchased 181,984 shares of common stock for an aggregate $1.227 billion during the first nine months of 2026. At September 30, approximately $822.6 million remained available under Board-approved repurchase authorizations. Share…
4. Gross Margin Drivers48 · importance in its document · 10-Q · 2026Q3
   Homebuilding gross margin declined to 18.3% in the third quarter of 2026 from 21.1% a year earlier, and to 19.0% for the first nine months from 21.5%. Higher lot and certain construction costs pressured margins in both periods. Contract…
5. Segment Revenue Performance48 · importance in its document · 10-Q · 2026Q3
   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…

Ranked by score, 0–100. A topic read from a document carries its importance within that document; an 8-K event carries the rule score that ranks a filing among filings. Neither is about the share price, and the two scales are named on each row because they are not the same measure.

Latest report: 10-Q · 2026Q3 filed 4 Nov 2026

Full report · Filing on EDGAR

• Community Count and Land PositionImportance 57
  At September 30, 2026, NVR controlled approximately 185,300 lots, up from 180,100 at December 31, 2025, primarily through third-party lot purchase agreements. The company controlled approximately 176,000 lots under…
• Capital Return ProgramImportance 53
  NVR repurchased 181,984 shares of common stock for an aggregate $1.227 billion during the first nine months of 2026. At September 30, approximately $822.6 million remained available under Board-approved repurchase…
• Gross Margin DriversImportance 48
  Homebuilding gross margin declined to 18.3% in the third quarter of 2026 from 21.1% a year earlier, and to 19.0% for the first nine months from 21.5%. Higher lot and certain construction costs pressured margins in both…
• Segment Revenue PerformanceImportance 48 · +1 more on this subject
  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…
• Operating Cash Flow and InvestmentImportance 43
  Cash, restricted cash, and cash equivalents decreased $787.4 million during the first nine months of 2026. Operating activities provided $412.1 million, including a $253.8 million reduction in mortgage loans held for…
• Home Closings and OrdersImportance 42 · +1 more on this subject
  Third-quarter 2026 new orders declined 7% to 4,391 units, and the average new-order price fell 5% to $442,100; the sales absorption rate was 8% lower year over year. The quarterly cancellation rate increased to 21.0%…
• Geographic Market CommentaryImportance 41
  Demand and order trends varied across NVR’s Mid Atlantic, North East, Mid East and South East segments. In the third quarter, North East new orders fell 46%, with active communities down 22% and sales absorption down…
• Liquidity and Debt PositionImportance 33
  At September 30, 2026, NVR had approximately $1.100 billion in cash and cash equivalents, $284.6 million of unused committed capacity under its revolving credit facility, and $150 million of unused capacity under its…
• Operating Expense TrendsImportance 27
  Homebuilding SG&A expense declined approximately $7.7 million, or 5%, in the third quarter of 2026, while remaining relatively flat as a percentage of revenue. The quarterly reduction was primarily attributable to…
• Mortgage Banking PerformanceImportance 27
  Mortgage loan closing volume declined 10% to $1.382 billion in the third quarter of 2026 and 16% to $3.789 billion for the first nine months, consistent with lower homebuilding revenue. Mortgage banking segment profit…
• Income Tax Rate ChangesImportance 21
  The effective tax rate for the third quarter of 2026 was 25.7%, up from 22.8% in the third quarter of 2025; the nine-month rate remained 24.5% in both years. Excess tax benefits from stock-option exercises were…
• Macroeconomic Consumer PressureImportance 17
  In the third quarter of 2026, demand for new homes weakened further amid affordability challenges, rising mortgage interest rates, higher home inventory in certain markets, weak consumer sentiment and economic…

8-K filings last 12 months

• Results (release not read)22 Oct 2026 · 8-K Item 2.02 · Routine · rule score 20
  Read from the attached exhibit: Liquidity and Debt Position · Capital Return Program · Segment Revenue Performance
• Results (release not read)23 Jul 2026 · 8-K Item 2.02 · Routine · rule score 20
• Management change (filing not read)15 May 2026 · 8-K Item 5.02 · Routine · rule score 20
• Results (release not read)22 Apr 2026 · 8-K Item 2.02 · Routine · rule score 20
• Results (release not read)28 Jan 2026 · 8-K Item 2.02 · Routine · rule score 20

Earlier reports

• 10-Q · 2026Q2filed 5 Aug 2026
  Segment Revenue Performance · Capital Return Program · Community Count and Land Position

Topics are read from the text of the 10-K, 10-Q or the exhibit attached to an 8-K, each linked to the passage it came from. 8-K events are labelled by fixed rules from the item codes and the filing text — the same rules for every company and every year. The Full Picture merges these with earnings calls and news.