Quarter ended March 31, 2026.
| Settlements | 4,015 (↓22%) |
| Revenue | $1.88B (↓22%) |
| Gross margin | 19.6% |
| Orders | 5,738 (↑7%) |
Commentary
NVR does not hold an earnings call. Orders grew while settlement price held flat at $457,000, so NVR is holding price better than most peers. Its land-light model keeps cash free for buybacks.
Source: NVR 8-K.
