NVR NVR INC

BEARISH Impact: 7/10 8-K
Horizon days Filed Apr 22, 2026 Processed 1mo ago SEC 0000906163-26-000034
8-K Item 2.02: Earnings release
Latest settled — T+20d
NVR ▼ -12.03% at T+20d
SHORT call ✓ call won +12.03% · α vs SPY +15.20% · entry $6,563.05 → $5,773.52
Next anchor: T+60d in 5w
Last close $6,191.11 (close Jun 8) · +5.67% from $6,563.05 entry (call sign-flipped)
Entry anchored
Apr 22, 02:01 PM ET
via Databento tick
T+1d
+0.86%
call -0.86% · α -1.25%
$6,619.29
settled 7w ago
T+5d
-4.41%
call +4.41% · α +4.46%
$6,273.85
settled 6w ago
T+20d
-12.03%
call +12.03% · α +15.20%
$5,773.52
settled 21d ago
T+60d
—
call — · α —
—
in 5w

Price Chart

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Executive Summary

NVR reported Q1 2026 earnings of $67.76 per share on $1.88B revenue, missing consensus estimates of $79.20 and $2.02B respectively. Net income fell 34% YoY due to lower settlements and margin compression in homebuilding.

Key Financial Metrics

Gross Margin
19.6%

Actionable Insight

Monitor management's commentary on margin pressures and land costs in the earnings call; the 39% drop in homebuilding pretax income raises concerns about profitability sustainability despite higher new orders.

Key Facts

  • EPS of $67.76 missed consensus of $79.20 by 14.4%
  • Revenue of $1.88B missed consensus of $2.02B
  • Net income down 34% YoY to $198.4M
  • Homebuilding gross margin declined to 19.6% from 21.9% YoY

Financial Impact

EPS and revenue both missed consensus by ~6-7%, with net income down 34% YoY

epsrevenuenet incomegross margin

Risk Factors

  • Continued margin compression from higher lot costs and pricing pressure
  • Lower backlog dollar value despite flat unit count, signaling potential pricing weakness

Market Snapshot

Exchange
NYSE
Sector
Operative Builders

Documents Analyzed

This report is based on 6 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0000906163-26-000034
Document: nvr-20260422.htm0000906163-26-000034
Document: 0000906163-26-000034-index-headers.html0000906163-26-000034
Document: 0000906163-26-000034-index.html0000906163-26-000034
Document: 0000906163-26-000034.txt0000906163-26-000034
8-K Data (Synthetic)0000906163-26-000034
4 reports for NVR
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for NVR — sortable, filterable
Type Now
May 15, 2026
25d ago
8-K
NEUTRAL ★ 2/10
$5,712.11 $6,008.05▲ +5.18%▲ +3.56%$6,191.11 (+8.39%)
Apr 22, 2026
6w ago
8-K
BEARISH ★ 7/10
$6,563.05 $6,273.85▲ +4.41%▲ +4.46%$6,191.11 (+5.67%)
Mar 17, 2026
12w ago
DEFA14A
NEUTRAL ★ 2/10
$6,565.98 $6,464.57▼ −1.54%▲ +1.11%$6,191.11 (−5.71%)
Mar 6, 2026
13w ago
Court Ruling
BULLISH ★ 6/10
$6,921.86 $6,424.88▼ −7.18%▼ −5.65%$6,191.11 (−10.56%)
Showing 4 of 4

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