The company said net income for Q3 2026 (the period ended September 30) was $248.6 million, and diluted earnings per share were $89.45. It said net income and diluted earnings per share decreased 27% and 20%, respectively, from $342.7 million and $112.33 in Q3 2025.

1. 01

   The company said net income for Q3 2026 (the period ended September 30) was $248.6 million, and diluted earnings per share were $89.45. It said net income and diluted earnings per share decreased 27% and 20%, respectively, from $342.7 million and $112.33 in Q3 2025.

2. 02

   NVR said gross profit margin for Q3 2026 fell to 18.3% from 21.0% in Q3 2025. The company cited higher lot costs, pricing pressure and contract land deposit impairments of approximately $24.8 million as factors that weighed on gross profit margin.

3. 03

   The company said new orders fell 7% to 4,391 units in Q3 2026, and settlements fell 7% to 5,268 units. As of September 30, backlog rose 10% on a unit basis to 10,121 units and 4% on a dollar basis to $4.59 billion, compared with the prior-year period.

4. 04

   NVR said it repurchased 37,088 shares for $237,218 (in thousands) in Q3 2026. For the 9 months ended September 30, it repurchased 181,984 shares for $1,226,951 (in thousands).

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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