secwatch.observer — SEC 8-K summary
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Issuer:     NVR INC (NVR)
CIK:        0000906163
Form:       8-K
Filed at:   2026-04-22T23:59:59+00:00
Accession:  0000906163-26-000034
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NVR Q1 net income $198.4M ($67.76 EPS) down 34% YoY; revenue $1.88B -22%
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- Net income fell 34% to $198.4M; diluted EPS $67.76 vs $94.83 in Q1 2025.
- Consolidated revenue $1.88B, down 22% from $2.40B; homebuilding revenue $1.83B.
- New orders rose 7% to 5,738 units; settlements dropped 22% to 4,015 units.
- Homebuilding gross margin 19.6%, down from 21.9% on pricing pressure and higher lot costs.
- Mortgage closed loan production $1.05B (-27%); segment income before tax $27.1M (-17%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/906163/000090616326000034/0000906163-26-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/906163/000090616326000034/nvr-20260422.htm
  HTML page:      https://secwatch.observer/filing/0000906163-26-000034

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