NVR, Inc. (NVR) financials
NVR revenue and earnings by year
NVR's revenue was $10.1 billion in the fiscal year to December 31, 2025, down 1.9% from the year before. Net income was $1.34 billion, 13.3% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 6.5% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 10.1 | 10.3 | 9.3 | 10.3 | 8.7 | 7.3 | 7.2 | 7.0 | 6.2 | 5.7 |
| Revenue growth | -1.9% | 10.5% | -9.8% | 18.7% | 18.7% | 1.5% | 3.1% | 13.4% | 8.2% | — |
| Gross profit | 2.1 | 2.4 | 2.3 | 2.7 | 1.9 | 1.4 | 1.4 | 1.3 | 1.2 | 1.0 |
| Gross margin | 21.2% | 23.7% | 24.3% | 25.8% | 22.3% | 19.0% | 19.0% | 18.7% | 19.2% | 17.5% |
| Operating income | 1.8 | 2.1 | 1.9 | 2.3 | 1.6 | 1.1 | 1.0 | 1.0 | 0.9 | 0.7 |
| Operating margin | 17.6% | 20.6% | 20.8% | 22.1% | 18.8% | 15.1% | 14.4% | 13.9% | 14.0% | 11.8% |
| Net income | 1.3 | 1.7 | 1.6 | 1.7 | 1.2 | 0.9 | 0.9 | 0.8 | 0.5 | 0.4 |
| Net margin | 13.3% | 16.3% | 17.1% | 16.7% | 14.2% | 12.3% | 12.2% | 11.4% | 8.7% | 7.4% |
| Diluted EPS | $436.55 | $506.69 | $463.31 | $491.82 | $320.48 | $229.50 | $221.25 | $195.24 | $127.21 | $104.06 |
| Free cash flow | 1.1 | 1.3 | 1.5 | 1.9 | 1.2 | 0.9 | 0.8 | 0.7 | 0.6 | 0.4 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open NVR in Markets.
See also: NVR valuation and P/E history · NVR returns
No forecast, no recommendation. This page describes NVR, Inc. from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.