NVR net income falls 27% in third quarter on lower revenue
NVR reported net income of $248.6 million in the third quarter of 2026, with diluted earnings per share of $89.45, a 27% year-over-year decline. Revenue was $2.40 billion versus $2.61 billion a year earlier. Homebuilding gross margin fell to 18.3% from 21.0%, including approximately $24.8 million in land deposit impairments.
In 25 seconds
- Net income of $248.6 million and diluted EPS of $89.45, a 27% year-over-year decline.
- Revenue of $2.40 billion, down from $2.61 billion the prior year.
- Homebuilding gross margin fell to 18.3% from 21.0%, with about $24.8 million in land deposit impairments.
IASummary generated by artificial intelligence from a story by TradingView. It may contain errors: the original source prevails.




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