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NVR NVR Business Segments

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Revenue by Business
Home Building Segment$9.58B-7.5%$10.09B-1.9%$10.24B+3.4%$10.36B+6.4%$10.36B+9.4%
Mortgage Banking$223.29M-5.9%$229.69M-1.0%$217.19M+2.1%$223.34M+4.4%$237.36M+16.4%
Other income by Business
Home Building Segment$97.6M-24.8%$96.26M-33.1%$106.89M-29.5%$118.64M-24.8%$129.74M-16.8%
Mortgage Banking$4.87M-9.8%$5.19M-5.3%$5.36M+4.9%$5.37M+10.4%$5.4M+16.6%
Income (Loss) from Continuing Operations before Income Taxes, Domestic by Business
Home Building Segment$1.46B-22.4%$1.61B-17.9%$1.73B-8.6%$1.82B-3.6%$1.89B+3.1%
Mortgage Banking$150.39M-7.9%$156.16M-1.9%$144.89M+1.2%$147.84M+0.6%$163.25M+17.8%
Property, plant and equipment, net by Business
Home Building Segment$407.43M+13.6%$404.57M+25.0%$396.42M+35.8%$379.94M+43.6%$358.71M+47.5%
Mortgage Banking$31.75M+10.2%$31.15M+7.5%$30.79M+10.2%$29.8M+10.2%$28.81M+16.8%
Total Assets by Business
Home Building Segment$21.13B-9.4%$21.62B-9.0%$22.42B-6.6%$22.81B-4.9%$23.32B-2.1%
Mortgage Banking$2.29B+6.4%$2.41B+17.0%$2.14B+5.4%$2.19B+12.7%$2.15B+9.6%
Interest Expense, Operating and Nonoperating by Business
Home Building Segment$27.25M-1.0%$27.58M+2.2%$27.5M+2.5%$27.5M+3.3%$27.52M+3.8%
Mortgage Banking$1.32M+47.8%$1.26M+58.1%$1.14M+56.2%$1M+24.4%$891K+13.5%
Other assets by Business
Home Building Segment$1.27B+37.7%$1.2B+32.1%$1B+17.5%$961.59M+15.0%$923.9M+13.1%
Mortgage Banking$350.74M+19.7%$356.92M+33.3%$277.05M-26.1%$301.4M-13.6%$293M-13.0%
Operating Lease ROU Assets by Business
Home Building Segment$392.84M+26.4%$368.65M+25.9%$336.45M+18.1%$323.75M+14.5%$310.89M+9.9%
Mortgage Banking$96.76M+9.4%$96.41M+9.9%$95.94M+9.3%$92.18M+1.4%$88.43M-4.9%
Operating lease liabilities by Business
Home Building Segment$418.98M+25.9%$393.43M+25.2%$359.78M+17.5%$346.38M+13.9%$332.79M+9.4%
Mortgage Banking$105.27M+9.4%$104.81M+9.6%$104.09M+8.8%$100.14M+1.6%$96.26M-3.9%
Liabilities by Business
Home Building Segment$7.9B-7.5%$8.03B-5.7%$8.21B-3.5%$8.35B-1.6%$8.54B+2.5%
Mortgage Banking$344.2M-4.3%$361.59M+7.2%$360.57M-12.4%$368.39M-11.2%$359.69M-12.5%
Restricted Cash by Business
Home Building Segment$172.23M-13.5%$195.89M+9.5%$203.71M+14.3%$206.15M+14.0%$199.13M+7.1%
Mortgage Banking$31.7M-34.6%$37.22M-21.5%$42.7M-9.1%$45.82M-4.2%$48.44M-0.7%
Cash & Equivalents by Business
Home Building Segment$7.19B-25.5%$7.72B-25.2%$8.4B-22.8%$8.94B-20.8%$9.65B-16.2%
Mortgage Banking$147.51M-2.8%$145.43M+0.1%$162.43M+23.0%$159.87M+25.2%$151.69M+37.4%
Revenue by Geography
Mid Atlantic$4.03B-10.3%$4.37B-1.2%$4.38B+0.8%$4.48B+3.3%$4.49B+5.2%
Mid East$1.77B-4.5%$1.88B+0.7%$1.88B+4.9%$1.87B+6.4%$1.86B+6.9%
North East$1.15B-3.7%$1.2B+3.1%$1.21B+9.5%$1.22B+13.6%$1.2B+17.5%
South East$2.62B-6.7%$2.64B-6.9%$2.77B+4.3%$2.78B+8.7%$2.81B+15.0%
Segment Reporting, Other Segment Item, Amount by Geography
Mid Atlantic-$1.98M+3.4%-$2.01M+1.2%-$1.78M-292%-$1.82M-1,804%-$2.05M-171%
Mid East-$679K-16.5%-$641K-1.9%-$541K-269%-$534K-885%-$583K-219%
North East-$584K-90.2%-$538K-68.1%-$226K-208%-$206K-341%-$307K-208%
South East-$2.77M-10.7%-$2.62M+2.6%-$2.68M-301%-$3.06M-2,856%-$2.5M-40.3%
Income (Loss) from Continuing Operations before Income Taxes, Domestic by Geography
Mid Atlantic62,707,600,000%-18,604,900,000pp72,260,000,000%-9,365,500,000pp74,935,800,000%-4,210,800,000pp79,534,900,000%+518,900,000pp81,312,500,000%+3,687,700,000pp
Mid East24,804,800,000%-2,999,400,000pp26,699,000,000%-2,384,400,000pp27,122,900,000%-465,000,000pp27,618,300,000%+655,300,000pp27,804,200,000%+1,024,400,000pp
North East19,088,400,000%-3,459,400,000pp21,354,600,000%-367,900,000pp22,478,800,000%+2,407,900,000pp22,907,000,000%+3,582,000,000pp22,547,800,000%+4,166,800,000pp
South East18,492,600,000%-15,755,700,000pp20,201,100,000%-18,614,700,000pp26,134,200,000%-12,040,900,000pp29,955,900,000%-9,476,900,000pp34,248,300,000%-6,405,100,000pp
Total Assets by Geography
Mid Atlantic$5.23B-2.2%$5.23B-1.8%$5.38B+2.7%$5.35B+3.4%$5.35B+5.0%
Mid East$1.7B+1.0%$1.68B+1.6%$1.72B+5.7%$1.71B+9.4%$1.68B+10.3%
North East$1.59B+6.4%$1.57B+6.3%$1.57B+9.8%$1.53B+11.9%$1.5B+14.4%
South East$4.17B+8.3%$4.12B+10.2%$4.06B+12.2%$3.99B+17.0%$3.85B+19.7%
Selling, General, And Administrative Expense, Adjusted by Geography
Mid Atlantic$149.51M-0.9%$148.96M-1.7%$150.74M+0.9%$151.36M+2.9%$150.84M+2.8%
Mid East$81M-0.8%$81.94M+2.1%$82.71M+5.7%$82.42M+7.9%$81.66M+8.2%
North East$47.47M+3.6%$47.63M+3.2%$46.86M+5.1%$45.96M+5.6%$45.81M+8.4%
South East$159.02M+6.3%$160.15M+12.1%$159.97M+22.8%$156.16M+28.7%$149.62M+30.3%
Cost of Product and Service Sold by Geography
Mid Atlantic$3.11B-8.2%$3.35B+1.0%$3.33B+2.2%$3.39B+6.3%$3.38B+8.1%
Mid East$1.4B-3.8%$1.48B+2.2%$1.48B+6.7%$1.47B+9.8%$1.45B+8.8%
North East$869.72M-1.9%$895.67M+3.9%$896.27M+12.3%$903.4M+20.2%$886.44M+23.7%
South East$2.16B-2.5%$2.16B-2.1%$2.23B+10.8%$2.21B+16.2%$2.21B+21.7%
Corporate Capital Allocation Charge by Geography
Mid Atlantic$147.84M+3.4%$149.92M+7.3%$147.26M+6.7%$145.03M+6.6%$143.01M+4.9%
Mid East$47.16M+4.0%$47.71M+8.5%$47.3M+11.5%$46.31M+14.5%$45.33M+15.6%
North East$46.48M+11.6%$46.11M+13.5%$44.43M+13.4%$42.63M+13.5%$41.64M+17.2%
South East$126.05M+13.1%$124.96M+17.3%$121.95M+22.7%$116.9M+26.1%$111.49M+30.1%

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Questions, answered.

How does NVR break its business down?
NVR (NVR) reports revenue by business across 2 parts — Home Building Segment and Mortgage Banking. Each is extracted from the segment footnotes and tracked over time.
Where does NVR's segment data come from?
Segment breakdowns are pulled from the segment footnotes in NVR's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.