Nvr (NVR) Operating Expenses (2009 - 2026)
Nvr (NVR) posted quarterly Operating Expenses of $157.0 million for Q1 2026, up 535.69% year-over-year from $24.7 million in Q1 2025, and up 10.04% quarter-over-quarter from $142.6 million in Q4 2025.
Nvr (NVR) Operating Expenses (2009 - 2026) Analysis & Trends
Nvr's Operating Expenses history runs 18 years deep, the most recent figure standing at $157.0 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 535.69% year-over-year to $157.0 million; the TTM figure through Mar 2026 stood at $468.8 million (up 276.08% YoY), while the FY2025 annual figure was $599.7 million, up 494.34% from the prior year.
- Operating Expenses for Q1 2026 stood at $157.0 million, up from $142.6 million in the prior quarter.
- The five-year high for Operating Expenses was $157.0 million in Q1 2026, with the low at -$343.8 million in Q4 2023.
- The 5-year median for Operating Expenses is $129.5 million (2022), against an average of $44.3 million.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses plunged 343.84% in 2023, then surged 573.78% in 2024.
- Nvr's Operating Expenses stood at $141.0 million in 2022, then slumped by 343.84% to -$343.8 million in 2023, then gained by 0.35% to -$342.6 million in 2024, then jumped by 141.64% to $142.6 million in 2025, then advanced by 10.04% to $157.0 million in 2026.
- Business Quant data shows NVR's Operating Expenses at $157.0 million in Q1 2026, $142.6 million in Q4 2025, and $142.7 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 41.75 Bn | 39.61 Bn | 2.15 Bn | 991.20 Mn |
| 2 | Pultegroup | 24.22 Bn | 22.84 Bn | 1.06 Bn | 382.97 Mn |
| 3 | Lennar | 20.63 Bn | 18.45 Bn | 7.69 Bn | 7.54 Bn |
| 4 | Nvr | 17.05 Bn | 15.96 Bn | 485.14 Mn | 150.72 Mn |
| 5 | Toll Brothers | 13.82 Bn | 12.72 Bn | 604.89 Mn | 258.25 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | 148.85 Mn |
| 7 | Installed Building Products | 6.51 Bn | 6.12 Bn | 258.90 Mn | 164.30 Mn |
| 8 | Champion Homes | 5.01 Bn | 4.37 Bn | - | - |
| 9 | Meritage Homes | 4.69 Bn | 3.88 Bn | 254.14 Mn | 144.19 Mn |
| 10 | Cavco Industries | 4.53 Bn | 4.28 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 150.72 Mn |
| Mar 31, 2026 | 156.97 Mn |
| Dec 31, 2025 | 142.64 Mn |
| Sep 30, 2025 | 142.74 Mn |
| Jun 30, 2025 | 26.43 Mn |
| Mar 31, 2025 | 24.69 Mn |
| Dec 31, 2024 | -342.60 Mn |
| Sep 30, 2024 | 26.32 Mn |
| Jun 30, 2024 | 25.35 Mn |
| Mar 31, 2024 | 152.50 Mn |
| Dec 31, 2023 | -343.80 Mn |
| Sep 30, 2023 | 142.72 Mn |
| Jun 30, 2023 | 148.54 Mn |
| Mar 31, 2023 | 22.63 Mn |
| Dec 31, 2022 | 141.00 Mn |
| Sep 30, 2022 | 24.25 Mn |
| Jun 30, 2022 | 132.43 Mn |
| Mar 31, 2022 | 129.51 Mn |
| Dec 31, 2021 | 407.58 Mn |
| Sep 30, 2021 | 112.23 Mn |