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NVR NVR Q1 2026 earnings

Reported April 22, 2026 · Before market open

Revenue$1.9BMiss by $166.4M
EPS$0.68Miss by $0.10
Revenue estimate$2.0B
EPS estimate$0.78

Next report

Oct 28, 2026 (in 2 months)
Revenue estimate$2.6B
EPS estimate$104.43

Financials

Q1 2026

Income statement

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Revenue$1.9B-21.7%
Net income$198.4M-33.8%
EPS (diluted)$67.76-28.5%

Balance sheet

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Cash & equivalents$1.7B-24.4%
Total debt$41.0M-1.0%
Total equity$3.5B-11.6%
Total assets$5.6B-9.8%

Cash flow

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Operating cash flow$339.7M+63.5%
CapEx$4.9M-31.0%
Free cash flow$334.8M+66.8%

Valuation & ratios

Valuation

as of 03/31/26
See full
Market cap$18.31B-14.9%
Enterprise value$16.62B-13.7%
P/E14.8×+1.2×
P/S1.9×-0.2×

Profitability

See full
Net margin12.6%-2.3pp
FCF margin12.6%-0.7pp

Returns & leverage

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Return on equity33.3%-5.0pp
Debt / equity0×0.0×

Segments

By geography

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Mid Atlantic$738.0M-31.8%
South East$545.9M-3.7%
Mid East$310.5M-24.7%
North East$240.5M-16.7%

By segment

See full
Home Building Segment$1.8B-21.9%
Mortgage Banking$46.2M-12.2%

FAQ

When did NVR report Q1 2026 earnings?
NVR (NVR) reported Q1 2026 earnings on April 22, 2026 before market open.
What were NVR's Q1 2026 revenue and EPS?
NVR reported revenue of $1.9B and eps of $0.68 for Q1 2026.
Did NVR beat estimates in Q1 2026?
Revenue missed the consensus estimate of $2.0B by $166.4M. EPS missed the consensus estimate of $0.78 by $0.10.
Where can I find NVR's Q1 2026 SEC filings?
You can read the 8-K earnings release (0000906163-26-000034) and the 10-Q periodic report (0000906163-26-000040) directly on SEC EDGAR. The filing index links above go to sec.gov.