{"schema_version":"secwatch.filing_event.v1","accession":"0000906163-25-000050","form_type":"8-K","ticker":"NVR","cik":"0000906163","company_name":"NVR INC","filed_at":"2025-04-22T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.749595+00:00","generated_at":"2026-05-23T09:51:53.876728+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"NVR Q1 net income $299.6M, EPS $94.83, both down sharply; new orders -12%, margin 21.9%","bullets":["Net income $299.6M vs $394.3M YoY; diluted EPS $94.83 vs $116.41, declines of 24% and 19%.","Consolidated revenue $2.40B (+3%); homebuilding revenue $2.35B (+3%).","New orders 5,345 units (-12%); avg sales price $448,500 (-1%); cancellation rate 16% vs 13%.","Homebuilding gross margin 21.9% (down from 24.5%) due to higher lot costs and pricing pressure.","Mortgage banking income before tax $32.5M (+12%); effective tax rate 25.5% vs 16.2%."],"urls":{"canonical":"https://secwatch.observer/filing/0000906163-25-000050","json":"https://secwatch.observer/filing/0000906163-25-000050.json","markdown":"https://secwatch.observer/filing/0000906163-25-000050.md","text":"https://secwatch.observer/filing/0000906163-25-000050.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/906163/000090616325000050/0000906163-25-000050-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/906163/000090616325000050/nvr-20250422.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T09:51:53.876728+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}