Discontinued — last reported Q1 '26
Business Segments · Cost of Goods Sold
Home Building — Cost of Goods Sold
NVR Home Building — Cost of Goods Sold decreased by 27.1% to $1.47B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 19.7%, from $1.84B to $1.47B. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2016
Last reportedQ1 2026May 6, 2026
Rolls up toTotal Cost of Revenue
How to read this metric
Lower costs relative to revenue indicate better efficiency and higher gross margins.
Detailed definition
The direct costs associated with building and delivering homes, including materials, labor, land costs, and construction...
Peer comparison
Standard 'Cost of Sales' or 'Cost of Goods Sold' for homebuilders.
Metric ID:
nvr_segment_home_building_cost_of_goods_and_services_soldHistorical Data
15 periods
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.72B | $1.82B | $1.65B | $1.92B | $2.09B | $1.61B | $1.73B | $1.90B | $1.73B | $1.95B | $2.05B | $1.84B | $2.00B | $2.02B | $1.47B |
| QoQ Change | — | +5.6% | -9.2% | +16.6% | +8.7% | -23.2% | +7.5% | +10.1% | -9.3% | +12.8% | +5.3% | -10.5% | +9.0% | +1.1% | -27.1% |
| YoY Change | — | — | — | +11.8% | +15.1% | -2.6% | -10.2% | -9.1% | +7.4% | +12.7% | +7.8% | +6.3% | +2.7% | -1.4% | -19.7% |
Range$1.47B – $2.09B
CAGR-4.3%
Avg YoY Growth+1.7%
Median YoY Growth+4.5%
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Frequently Asked Questions
- What is NVR's home building — cost of goods sold?
- NVR (NVR) reported home building — cost of goods sold of $1.47B in Q1 2026.
- How has NVR's home building — cost of goods sold changed year-over-year?
- NVR's home building — cost of goods sold decreased by 19.7% year-over-year, from $1.84B to $1.47B.
- What does home building — cost of goods sold mean?
- The direct costs incurred to build and sell homes.