NVR reports net income of $248.6 million in the third quarter, down from a year earlier
NVR posted net income of $248.6 million in the third quarter of 2026, or $89.45 per diluted share, compared with $342.7 million and $112.33 a year earlier. Consolidated revenue was $2.40 billion, versus $2.61 billion in the third quarter of 2025. Results reflected lower homebuilding activity and lower margins, while mortgage banking revenue increased.
In 30 seconds
- Net income of $248.6 million and diluted earnings of $89.45 per share, versus $342.7 million and $112.33 a year earlier.
- Consolidated revenue of $2.40 billion, down from $2.61 billion in the third quarter of 2025.
- Homebuilding gross margin fell to 18.3% from 21.0%, with $24.8 million in impairments on land deposits under contract.
IASummary generated by artificial intelligence from a story by TradingView. It may contain errors: the original source prevails.




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