NVR Mortgage Banking — Selling, General, And Administrative Expense, Adjusted decreased by 9.7% to $22.33M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 5.0%, from $23.51M to $22.33M. Over 3 years (FY 2022 to FY 2025), Mortgage Banking — Selling, General, And Administrative Expense, Adjusted shows relatively stable performance with a 2.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.
A lower ratio of adjusted expenses to revenue indicates improved operational leverage.
This is the adjusted operating expense for the mortgage segment, excluding certain non-recurring or non-operational item...
Similar to adjusted operating expense metrics used by financial institutions to track core costs.
nvr_segment_mortgage_banking_selling_general_and_administrative_expense_adjusted| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $22.34M | $22.34M | $22.34M | $22.34M | $21.39M | $21.39M | $21.39M | $21.39M | $22.72M | $24.15M | $25.11M | $24.66M | $23.51M | $25.22M | $21.91M | $24.71M | $22.33M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -4.2% | +0.0% | +0.0% | +0.0% | +6.2% | +6.3% | +4.0% | -1.8% | -4.7% | +7.3% | -13.1% | +12.8% | -9.7% |
| YoY Change | — | — | — | — | -4.2% | -4.2% | -4.2% | -4.2% | +6.2% | +12.9% | +17.4% | +15.3% | +3.5% | +4.4% | -12.7% | +0.2% | -5.0% |