NVR Q2 FY26 net income drops 29% to $236.5 million; revenue falls 10% to $2.33 billion - NVR News | RalliesNVR Q2 FY26 net income drops 29% to $236.5 million; revenue falls 10% to $2.33 billion
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NVR• Q2 FY26 results
- NVR posted Q2 net income of USD 236.5 million, down 29%; diluted EPS fell 23% to USD 83.96.
- Revenue dropped 10% to USD 2.33 billion; homebuilding gross margin narrowed 2.3 percentage points to 19.2%.
- Homebuilding revenue slid 11% to USD 2.28 billion; segment pretax income sank 30% to USD 293.2 million.
- New orders rose 9% to 5,885 units; settlements declined 8% to 5,058 units.
- Mortgage closed loan production decreased 13% to USD 1.35 billion; segment pretax income fell 14% to USD 25.4 million.
