FY2025 · ended Dec 31, 2025 · Revenue $10.32B, -1.9% YoY · Filed Feb 11, 2026
NVR, Inc. (NVR) files with the SEC under industry code 1531, Operative Builders. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $10.3 billion and net income of $1.3 billion. Free cash flow was $1.1 billion. As of Sep 30, 2026 it held $1.2 billion in cash and investments and $37.4 million in total debt.
Revenue (TTM)
$9.32B
-10.8% vs year-ago TTM
Net income (TTM)
$1.05B
-26.9% vs year-ago TTM
Operating cash flow (TTM)
$851.82M
-35.4% vs year-ago TTM
Free cash flow (TTM)
$818.25M
-36.7% vs year-ago TTM
EPS (TTM)
$363.71
-20.3% vs year-ago TTM
Dividend per share
None
Shares outstanding
2.79M
-6.6% vs prior year
Net cash
$1.13B
as of Sep 30, 2026
Operating margin
—
Company profile
- Industry
- Operative Builders (SIC 1531)
- Listed as
- NVR (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- VA
- Headquarters
- Reston, VA
- SEC filer status
- Large accelerated filer
- SEC CIK
- 906163
Other Operative Builders companies
- Horton D R Inc /DE/ DHI
- Pultegroup INC/MI/ PHM
- Toll Brothers, Inc. TOL
- Everus Construction Group, Inc. ECG
- Meritage Homes CORP MTH
- M/I Homes, Inc. MHO
- KB Home KBH
- Green Brick Partners, Inc. GRBK
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $10.3B | $10.5B | $9.5B | $10.5B | $9.0B |
| Net income | $1.3B | $1.7B | $1.6B | $1.7B | $1.2B |
| Diluted EPS | $436.55 | $506.69 | $463.31 | $491.82 | $320.48 |
| Operating cash flow | $1.1B | $1.4B | $1.5B | $1.9B | $1.2B |
| Free cash flow | $1.1B | $1.3B | $1.5B | $1.9B | $1.2B |
| Total assets | $5.9B | $6.4B | $6.6B | $5.7B | $5.8B |
| Total liabilities | $2.0B | $2.2B | $2.2B | $2.2B | $2.8B |
| Stockholders' equity | $3.9B | $4.2B | $4.4B | $3.5B | $3.0B |
| Cash and investments | $2.0B | $2.7B | $3.2B | $2.6B | $2.6B |
| Total debt | $186.2M | $149.4M | $116.2M | $107.8M | $90.0M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Nov 4, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations
|
Oct 22, 2026 | Oct 22, 2026 |
| 10-Q | Quarterly report | Aug 5, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Jul 23, 2026 | Jul 23, 2026 |
| 8-K |
Current report
Officer or director change
|
May 15, 2026 | May 14, 2026 |
| 8-K |
Current report
Shareholder vote results
|
May 8, 2026 | May 7, 2026 |
All 1003 NVR, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.