NVR Q3 net income falls 27% to $248.6 million
- NVR's third-quarter 2026 net income fell 27% year over year to $248.6 million.
- Consolidated revenues declined 8% to $2.4 billion, while new orders dropped 7% to 4,391 homes.
- Homebuilding gross profit margin narrowed to 18.3%, hurt by higher lot costs, pricing pressure and $24.8 million in contract land deposit impairments.
- Backlog at September 30 increased 10% year over year to 10,121 homes, while its value rose to $4.59 billion.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NVR Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: PH77914) on October 22, 2026, and is solely responsible for the information contained therein.