What is NVR's net income?

NVR (NVR) reported net income of $198.36M in Q1 2026.

How has NVR's net income changed year-over-year?

NVR's net income decreased by 33.8% year-over-year, from $299.58M to $198.36M.

What is the long-term trend for NVR's net income?

Over 4 years (2021 to 2025), NVR's net income has grown at a 2.0% compound annual growth rate (CAGR), from $1.24B to $1.34B.

What does net income mean?

The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

NVR NVR Net Income

Net Income at other companies

PultegroupPHM

$347M-33.6%

D.R. HortonDHI

$647.9M-20.1%

LennarLEN

$229.38M-55.8%

Forestar GroupFOR

$32.1M+1.6%

Dream Finders HomesDFH

$13.26M-75.9%

M/I HomesMHO

$67.83M-39.0%

Other financials

Income statement

See full

Revenue$1.9B-21.7%

EPS (diluted)$67.76-28.5%

Balance sheet

See full

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

See full

Operating cash flow$339.7M+63.5%

CapEx$4.9M-31.0%

Free cash flow$334.8M+66.8%

Valuation

See full

Market cap$17.49B-20.4%

Enterprise value$15.8B-21.7%

P/E14.1×-0.3×

P/S1.8×-0.3×

Profitability

See full

Operating margin9.7%—

Net margin12.6%-2.3pp

FCF margin12.6%-0.7pp

Returns & leverage

See full

Return on equity33.3%-5.0pp

Debt / equity0×0.0×

Where this comes from

Reported directly by NVR in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The official record: NVR’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is NVR's net income?: NVR (NVR) reported net income of $198.36M in Q1 2026.
How has NVR's net income changed year-over-year?: NVR's net income decreased by 33.8% year-over-year, from $299.58M to $198.36M.
What is the long-term trend for NVR's net income?: Over 4 years (2021 to 2025), NVR's net income has grown at a 2.0% compound annual growth rate (CAGR), from $1.24B to $1.34B.
What does net income mean?: The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.