NVR Reports Q4 2025 Net Income of $363.8M, Down 20% YoY

NVR INC

2025-FY EPS reported $436.55 revenue$10,323,959,000

Net income for Q4 2025 was $363.8 million, down 20% from $457.4 million in Q4 2024.
Diluted EPS for Q4 2025 was $121.54, down 13% from $139.93.
Consolidated revenues for Q4 2025 were $2.71 billion, compared to $2.85 billion in Q4 2024.
Homebuilding new orders increased 3% to 4,951 units, while settlements decreased 8% to 5,668 units.
Gross profit margin fell to 20.4% from 23.6%, impacted by higher lot costs and affordability challenges.

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