NVR Inc. (NVR) Earnings Analysis

NVR Inc. (NVR) came in below expectations in Q2 FY2026 on revenue of $2.3B versus the $2.4B estimate (-10.6% YoY) and EPS of $0.84. The next NVR Inc. (NVR) earnings date is Oct 28, 2026. Below is the full NVR Inc. earnings breakdown — the risk-adjusted verdict, price forecast, technicals, options and hedge-fund 13F holdings, decoded in plain English.

NVR Inc. (NVR) Earnings Analysis — key stats

Next earnings dateOct 28, 2026
Latest reported quarterQ2 FY2026
Earnings verdictMiss
EPS beat rate4 of last 8 (quarters above estimate)
Avg next-day move±2.2% (over the last 8 reports)
Post-earnings directionUp 2 / Down 6 (of the last 8 reports)
Implied move (next report)±14.5% (options-derived · into Oct 28, 2026)
Institutional ownership73.4% (13F as of 2026-06-30)
Top 10 holders41.9% (of shares outstanding)
Insider activity10 buys / 2 sells (recent Form 4 filings)
Revenue$2.3B (vs $2.4B est · -3.0% surprise · -10.6% YoY)
EPS$0.84 (vs $0.90 est · -6.7% surprise · -23.6% YoY)
Share price$6307.93 (-1.1%)
Market cap$17.0B

NVR Inc. (NVR) Earnings Analysis — beat / miss history

QuarterRevenueEPSEPS surpriseNext-day moveVerdict
Q3 FY2026$2.3B vs $2.4B est$0.84 vs $0.90 est-6.7%+1.0%Miss
Q2 FY2026$1.9B vs $2.0B est$0.68 vs $0.77 est-12.4%-3.8%Miss
Q1 FY2026$2.7B vs $2.5B est$1.22 vs $1.06 est+14.8%+1.7%Beat
Q4 FY2025$2.5B vs $2.6B est$112.33 vs $109.36 est+2.7%-1.4%Mixed
Q3 FY2025$2.6B vs $2.5B est$108.54 vs $106.20 est+2.2%-1.5%Beat
Q2 FY2025$2.4B vs $2.4B est$94.83 vs $106.07 est-10.6%-0.7%Mixed
Q1 FY2025$2.9B vs $2.8B est$139.93 vs $127.85 est+9.4%-5.0%Mixed
Q4 FY2024$2.7B vs $2.7B est$130.50 vs $131.00 est-0.4%-2.5%In line

Top institutional holders

Holder% outstandingSharesValueQoQ change
Blackrock, INC.10.6%294K$2.0B+4.3%
Vanguard Capital Management LLC6.3%175K$1.2B-1.5%
Capital Research Global Investors5.9%164K$1.1B+0.5%
State Street Corp4.6%129K$877.3M+0.9%
Undisclosed filer4.1%113K$771.2M-5.1%
Geode Capital Management, LLC2.7%74K$500.4M+0.1%
Boston Partners2.2%61K$414.0M+4.8%
Principal Financial Group INC2.1%59K$398.8M+0.5%
Aqr Capital Management LLC1.8%49K$334.5M+453.9%
Invesco Ltd.1.7%47K$318.9M+8.9%

Recent insider transactions

InsiderRoleDateTypeSharesValue
Oliver Georgedirector2026-08-07Buy63$405185
Martinez Melquiades R.director2026-07-30Sell29
Ross Susan Williamsondirector2026-05-29Buy238$404600
Ross Susan Williamsondirector2026-05-29Sell238$404600
SAVILLE PAUL Cofficer: Executive Chairman2026-05-14Buy3K$15.0M
Bredow Eugene Jamesofficer: Chief Executive Officer2026-05-14Buy3K$15.0M
Malzahn Daniel Davidofficer: Chief Financial Officer2026-05-14Buy1K$7.6M
Kelpy Matthew B.officer: VP, Chief Accounting Officer2026-05-14Buy272$1.6M

What you'll find

Frequently asked questions

When is NVR Inc.'s next earnings date?
NVR Inc.'s (NVR) next scheduled earnings date is Oct 28, 2026. Magnisto shows the confirmed date, the options-implied expected move and the revenue and EPS estimates Wall Street is modeling into the report.
Did NVR Inc. (NVR) beat or miss earnings?
In Q2 FY2026, NVR Inc. (NVR) posted miss results — revenue of $2.3B versus the $2.4B estimate (-3.0% surprise) and EPS of $0.84 versus $0.90 expected (-6.7% surprise). Magnisto decodes every NVR Inc. (NVR) report into a clear Beat, Miss, In-line or Mixed verdict and checks whether guidance was raised, held or cut.
How often does NVR Inc. beat earnings estimates?
Over its last 8 reported quarters, NVR Inc. (NVR) beat Wall Street EPS estimates 4 times, most recently a miss result in Q3 FY2026. Magnisto tracks every NVR Inc. (NVR) quarter's revenue and EPS versus consensus and grades each one Beat, Miss, In-line or Mixed at a unified ±2% threshold.
How much does NVR Inc. stock move after earnings?
Over its last 8 quarterly reports, NVR Inc. (NVR) moved an average of ±2.2% the day after earnings — ranging from -5.0% (Q1 FY2025) to +1.7% (Q1 FY2026). The stock rose after 2 of those 8 reports and fell after 6. Heading into its next report on Oct 28, 2026, options-implied volatility is pricing in a move of roughly ±14.5% (derived). Magnisto tracks the realized post-earnings move for every NVR Inc. (NVR) quarter alongside the beat/miss verdict — past moves don't predict the next one.
Who are the largest shareholders of NVR Inc.?
Institutions hold about 73.4% of NVR Inc.'s (NVR) shares outstanding as of the 2026-06-30 13F quarter. Its largest institutional holders include Blackrock, INC. (10.6%), Vanguard Capital Management LLC (6.3%), Capital Research Global Investors (5.9%). Magnisto lists NVR Inc.'s (NVR) top 13F holders with each stake size and its quarter-over-quarter change.
Are insiders buying or selling NVR Inc. (NVR)?
In the most recent Form 4 filings Magnisto tracks, NVR Inc. (NVR) insiders recorded 10 purchases and 2 sales — net buying. Insider transactions are one signal among many and are often routine (option exercises or scheduled 10b5-1 sales), so Magnisto shows the raw feed for you to judge.
What is the forecast for NVR Inc. (NVR) stock?
Magnisto blends analyst price targets, quantitative research, technical trend and options-implied moves into a scenario range for NVR Inc. (NVR), anchored to the current $6307.93 share price, so you can weigh the bull, base and bear cases for NVR Inc. side by side.
Is NVR Inc. (NVR) a buy right now?
Magnisto does not give buy or sell tips. It gives you the institutional-grade evidence — the verdict, valuation, risks, technicals and hedge-fund 13F flows — so you can decide whether NVR Inc. fits your own thesis and risk profile. This is research, not investment advice.

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Educational research, not investment advice. Figures are illustrative and may be delayed.