Filing Flows › NVR (NVR) › Operating margin
NVR (NVR) operating margin by quarter
NVR's operating margin was 13.9% in Q3 2026 (third quarter 2026), +0.2 pts from Q2 2026. Over the last 7 quarters it ranged from 13.4% (Q1 2026) to 17.3% (Q4 2025).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 13.9% | +0.2 pts | -3.1 pts |
| Q2 2026 | 13.7% | +0.3 pts | -3.5 pts |
| Q1 2026 | 13.4% | -3.9 pts | -3.3 pts |
| Q4 2025 | 17.3% | +0.3 pts | — |
| Q3 2025 | 17.0% | -0.2 pts | — |
| Q2 2025 | 17.2% | +0.5 pts | — |
| Q1 2025 | 16.7% | — | — |
Q3 2026 at a glance
NVR, Q3 2026: revenue $2.4B (-8% year over year), operating margin 13.9%, net earnings $249M, operating cash flow $224M. The chart follows the revenue to costs, profit and cash.
Questions
What is NVR's operating margin?
NVR's operating margin was 13.9% in Q3 2026 (third quarter 2026), +0.2 pts from Q2 2026.
How has NVR's operating margin changed?
Over the last 7 quarters it ranged from 13.4% (Q1 2026) to 17.3% (Q4 2025).