{"schema_version":"secwatch.filing_event.v1","accession":"0000906163-23-000096","form_type":"8-K","ticker":"NVR","cik":"0000906163","company_name":"NVR INC","filed_at":"2023-07-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.974672+00:00","generated_at":"2026-06-13T03:49:34.956069+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"NVR Q2 net income down 7%; revenue down 12% to $2.34B","bullets":["Diluted EPS $116.54 vs $123.65 prior year; net income $404M, down 7%.","Consolidated revenue $2.34B, down 12% from $2.66B; homebuilding revenue down 13%.","New orders rose 27% to 5,905 units; avg sales price fell 5% to $447,300.","Homebuilding gross margin 24.3% vs 26.3% prior; settlements down 13% to 5,085 units.","Mortgage banking pretax income up 25% to $36.5M."],"urls":{"canonical":"https://secwatch.observer/filing/0000906163-23-000096","json":"https://secwatch.observer/filing/0000906163-23-000096.json","markdown":"https://secwatch.observer/filing/0000906163-23-000096.md","text":"https://secwatch.observer/filing/0000906163-23-000096.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/906163/000090616323000096/0000906163-23-000096-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/906163/000090616323000096/nvr-20230725.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T03:49:34.956069+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5e626ba52389cc653a1dacdd7da556fb147535bc","claim":"NVR INC reported six months ended June 30, 2023 results: revenue $4.52 billion, net income $748.4 million, EPS $216.52.","evidence_excerpt":"For the six months ended June 30, 2023, consolidated revenues were $4.52 billion, a 10% decrease from $5.04 billion reported in 2022. Net income for the six months ended June 30, 2023 was $748.4 million, a decrease of 13% when compared to net income for the six months ended June 30, 2022 of $859.4 million. Diluted earnings per share for the six months ended June 30, 2023 was $216.52, a decrease of 10% from $240.05 per diluted share for 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/906163/000090616323000096/0000906163-23-000096-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"six months ended June 30, 2023"},{"label":"Revenue","value":"$4.52 billion"},{"label":"Net income","value":"$748.4 million"},{"label":"EPS","value":"$216.52"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"d16e5d7aa3711e0cd9ed5f2730884165c56f1c7c","claim":"NVR INC reported second quarter ended June 30, 2023 results: revenue $2.34 billion, net income $404.0 million, EPS $116.54.","evidence_excerpt":"NVR, Inc. (NYSE: NVR) , one of the nation’s largest homebuilding and mortgage banking companies, announced net income for its second quarter ended June 30, 2023 of $404.0 million, or $116.54 per diluted share. Net income and diluted earnings per share for the second quarter ended June 30, 2023 decreased 7% and 6%, respectively, when compared to 2022 second quarter net income of $433.3 million, or $123.65 per diluted share. Consolidated revenues for the second quarter of 2023 totaled $2.34 billion, which decreased 12% from $2.66 billion in the second quarter of 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/906163/000090616323000096/0000906163-23-000096-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ended June 30, 2023"},{"label":"Revenue","value":"$2.34 billion"},{"label":"Net income","value":"$404.0 million"},{"label":"EPS","value":"$116.54"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}