Revenue $2.33B, down 10.5% on a year earlier. Homebuilding Revenues $2.28B, down 10.5%. Diluted EPS $83.96 against $108.54.
| Q2 FY26 | Q1 FY26 | Q2 FY25 | Year over year | |
|---|---|---|---|---|
| Revenue | $2.33B | $1.88B | $2.60B | -10.5% |
| Net income | $236.46M | $198.36M | $333.74M | -29.1% |
| Diluted EPS | $83.96 | $67.76 | $108.54 | |
| Operating cash flow | -$151.53M | $339.69M | $35.10M | -531.6% |
| Capital expenditures | -$6.15M | -$4.87M | -$8.30M | |
| Free cash flow | -$157.68M | $334.81M | $26.80M | -688.3% |
| Q2 FY26 | Q2 FY25 | Year over year | |
|---|---|---|---|
| Homebuilding Revenues | $2.28B | $2.55B | -10.5% |
| Backlog units | 10,998 | 10,069 | +9.2% |
| Backlog dollar value | $4.99B | $4.75B | +5.1% |
| Average Sales Price of New Orders | $437,100 | $458,100 | -4.6% |
| Homebuilding Revenue Growth Rate | 11% | 0% | |
| Consolidated revenues growth | -10.38% | -0.38% | |
| Backlog Dollar Growth Rate | 5% | — |
The week's biggest guidance misses, KPI surprises and one chart.
Stock Atlas, “NVR (NVR) Q2 FY26 earnings: results and KPIs”, stockatlas.com/companies/NVR/earnings/2026-q2/, data as of 3 November 2026. Links to this page are welcome.
