---
title: "NVR Inc Q2 2026: Revenue $2.33B, EPS $83.96— 10-Q Summary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295001157.md"
description: "NVR Inc reported Q2 2026 revenue of $2.33B and diluted EPS of $83.96, both down year-over-year due to margin pressure and lower homebuilding settlements. Net income fell 29% to $236.5M. Despite declining gross margins to 19.2%, new orders rose 9% and backlog increased, indicating resilient demand. The company attributes challenges to higher lot costs and affordability-driven pricing while maintaining a controlled lot position."
datetime: "2026-08-05T18:41:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295001157.md)
  - [en](https://longbridge.com/en/news/295001157.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295001157.md)
generator: "portal-rs"
---

# NVR Inc Q2 2026: Revenue $2.33B, EPS $83.96— 10-Q Summary

NVR Inc reported second-quarter 2026 results with revenue of $2.33B and diluted EPS of $83.96, as net income fell to $236.5M amid margin pressure and lower homebuilding settlements versus the year-ago quarter.

**Financial Highlights**

-   Revenue was $2.326B for Q2 2026, down from $2.599B in Q2 2025 ( (10%)).
-   Net income was $236.5M for Q2 2026, down from $333.7M in Q2 2025 ( (29%)).
-   Diluted EPS was $83.96 for Q2 2026, down from $108.54 in Q2 2025 ( (22.7%)).

**Business Highlights**

-   Homebuilding revenue declined 11% year over year in Q2, and six-month revenue fell 16%, driven by fewer settlements and lower average selling prices.
-   Gross margins compressed to 19.2% in Q2 from 21.5% a year ago, pressure attributed to higher lot costs and affordability-driven pricing.
-   New orders rose about 9% in Q2; cancellations improved to 14.9% from 16.5%, and backlog units increased roughly 9%, indicating a resilient demand pipeline.
-   Shift in sales mix toward attached homes reduced average order price, while active communities increased 4% sequentially supporting order growth.
-   Controlled lot position of approximately 184.4k (majority via LPAs) and higher inventory in construction reflect the company's build cadence and expected future settlements.

Original SEC Filing: NVR INC \[ NVR \] - 10-Q - Aug. 05, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**