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What changed in NVR, Inc.'s latest annual report

In the year ended 31 Dec 2025, NVR, Inc.'s revenue fell 1.9% to USD 10.32bn, from USD 10.52bn; net income fell 20.3% to USD 1.34bn, from USD 1.68bn; total assets fell 8.2% to USD 5.86bn, from USD 6.38bn.

Year ended 31 Dec 2025. Source: 10-K filed 11 Feb 2026, read it on SEC EDGAR.

USD 10.52bn to USD 10.32bn

Revenue, down 1.9% year on year

The figures, year on year

Annual figures as reported to the SEC, in US dollars. Changes are calculated from the two values.
ItemYear beforeLatest yearChange
Revenue10.52bn10.32bnDown 1.9%
Net income1.68bn1.34bnDown 20.3%
Total assets6.38bn5.86bnDown 8.2%
Total liabilities2.17bn1.99bnDown 8.2%
Shareholders' equity4.21bn3.86bnDown 8.2%

Questions people ask

Did NVR, Inc.'s revenue grow last year?

Revenue fell 1.9%, from USD 10.52bn to USD 10.32bn in the year ended 31 Dec 2025.

Is NVR, Inc. profitable?

Yes. Net income was USD 1.34bn in the year ended 31 Dec 2025. The year before: USD 1.68bn.

Where do these numbers come from?

From NVR, Inc.'s own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.

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NVR, Inc. (NVR) 10-K: what changed year on year | LYNORIQ Insights