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NVR NVR Q3 2025 earnings

Reported October 22, 2025 · Before market open

Revenue estimate$2.6B
EPS estimate$109.36

Next report

Jul 22, 2026 (In 1 week)
Revenue estimate$2.4B
EPS estimate$90.37

Financials

Q3 2025

Income statement

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Revenue$2.6B-4.5%
Net income$342.7M-20.2%
EPS (diluted)$112.33-13.9%

Balance sheet

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Cash & equivalents$2.0B-21.2%
Total debt$41.7M+25.6%
Total equity$4.0B-7.1%
Total assets$6.0B-7.0%

Cash flow

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Operating cash flow$438.7M+22.5%
CapEx$5.4M-33.7%
Free cash flow$433.3M+23.8%

Valuation & ratios

Valuation

as of 09/30/25
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Market cap$22.2B-27.6%
Enterprise value$20.22B-28.2%
P/E15.5×-3.3×
P/S2.1×-0.9×

Profitability

See full
Net margin13.7%-2.5pp
FCF margin12.4%+0.5pp

Returns & leverage

See full
Return on equity34.8%-3.9pp
Debt / equity0.0×

Segments

By geography

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Mid Atlantic$1.0B-9.4%
South East$719.8M-1.1%
Mid East$508.8M+1.5%
North East$291.8M-2.9%

By segment

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Home Building Segment$2.6B-4.4%
Mortgage Banking$49.2M-11.1%

Versus estimates

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Questions, answered.

When did NVR report Q3 2025 earnings?
NVR (NVR) reported Q3 2025 earnings on October 22, 2025 before market open.
What were NVR's Q3 2025 revenue and EPS?
NVR reported revenue of $2.5B and diluted EPS of $112.33 for Q3 2025.
Did NVR beat estimates in Q3 2025?
Revenue missed the consensus estimate of $2.6B by $48.4M. EPS beat the consensus estimate of $109.36 by $2.97.
Where can I find NVR's Q3 2025 SEC filings?
You can read the 10-Q periodic report (0000906163-25-000121) directly on SEC EDGAR. The filing index links above go to sec.gov.