At the archive date, NVR INC was expected to release its Q3 2026 10-Q filing on October 20, 2026, before market open. Last quarter: NVR's Q2 FY2026 revenue and net income declined due to housing market headwinds, but new orders increased 9% despite price and margin compression.
EPS Estimate
$105.48
Revenue Estimate
$2.62B
Analyst consensus captured from Finnhub and Financial Modeling Prep. This archived preview is no longer updated with later results; see the NVR page for retained reports.
Drawn from management commentary in the Q2 2026 10-Q:
Management expects continued affordability issues, high home inventory levels, weak consumer sentiment, and economic volatility to weigh on demand and home prices, with margin pressure from higher land costs and community repositioning.
Homebuilding gross margin decreased to 19.2% from 21.5%, impacted by higher lot costs, pricing concessions, and $21.7 million in contract land deposit impairments in Q2 2026 (up from $13.2 million in Q2 2025).
New orders increased 9% year-over-year, supported by a 4% increase in average active communities and a 5% higher sales absorption rate, though the average order price fell 5% due to mix shift toward lower-priced attached homes.
Revenue
$2.33B
-10.48% YoY
EPS (Diluted)
$83.96
-22.65% YoY
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