NVR, Inc. reported financial results for the second quarter ended June 30, 2026. Net income was $236.5 million ($83.96 per diluted share), representing a 29% and 23% decrease respectively compared to the second quarter of 2025. Consolidated revenues for the quarter totaled $2.33 billion, down from $2.60 billion in the prior year period. For the first six months of 2026, net income fell 31% to $434.8 million. Homebuilding new orders rose 9% to 5,885 units, though the average sales price decreased 5% to $437,100. Gross profit margin declined to 19.2% from 21.5%, impacted by higher lot costs and $21.7 million in contract land deposit impairments. Mortgage closed loan production decreased 13% to $1.35 billion. The company operates in the homebuilding and mortgage banking industries.