Nvr (NVR) Operating Expenses (2009 - 2026)
Nvr (NVR) posted Operating Expenses of $150.7 million for Q2 2026, down 3.98% on a QoQ basis from $157.0 million in Q1 2026, and up 1.04% year-over-year from $149.2 million in Q2 2025.
Analysis
Nvr (NVR) Operating Expenses (2009 - 2026) Analysis & Trends
Nvr has reported Operating Expenses for 18 years, with the latest figure at $150.7 million in Q2 2026.
- On a quarterly basis, Operating Expenses rose 1.04% year-over-year to $150.7 million in Q2 2026; TTM through Jun 2026 was $593.1 million, a 4.15% decrease from a year earlier, with the FY2025 full-year figure at $599.7 million, changed 0.24% from the prior year.
- Operating Expenses was $150.7 million for Q2 2026 at Nvr, down from $157.0 million in the prior quarter.
- The five-year high for Operating Expenses was $165.1 million in Q1 2025, with the low at $129.4 million in Q3 2022.
- Average Operating Expenses over 5 years is $145.9 million, with a median of $146.1 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses rose 16.78% in 2022, then fell 7.8% in 2025.
- Over 5 years, Operating Expenses stood at $141.0 million in 2022, then climbed by 9.28% to $154.1 million in 2023, then climbed by 0.41% to $154.7 million in 2024, then dropped by 7.8% to $142.6 million in 2025, then gained by 5.66% to $150.7 million in 2026.
- The last three Operating Expenses figures came in at $150.7 million (Q2 2026), $157.0 million (Q1 2026), and $142.6 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 39.14 Bn | 37.01 Bn | 2.15 Bn | 991.20 Mn |
| 2 | Pultegroup | 22.45 Bn | 21.07 Bn | 1.06 Bn | 382.97 Mn |
| 3 | Lennar | 19.43 Bn | 17.25 Bn | 7.69 Bn | 7.54 Bn |
| 4 | Nvr | 16.68 Bn | 15.59 Bn | 485.14 Mn | 150.72 Mn |
| 5 | Toll Brothers | 12.67 Bn | 11.61 Bn | 625.22 Mn | 266.07 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | 148.85 Mn |
| 7 | Meritage Homes | 4.20 Bn | 3.39 Bn | 254.14 Mn | 144.19 Mn |
| 8 | M | 3.64 Bn | 2.91 Bn | 235.50 Mn | 958.69 Mn |
| 9 | Kb Home | 3.06 Bn | 3.00 Bn | 174.03 Mn | 140.55 Mn |
| 10 | Green Brick Partners | 2.95 Bn | 2.82 Bn | 157.52 Mn | 54.40 Mn |
Historic Data
Download Data
Historic 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 | 149.17 Mn |
| Mar 31, 2025 | 165.12 Mn |
| Dec 31, 2024 | 154.71 Mn |
| Sep 30, 2024 | 149.78 Mn |
| Jun 30, 2024 | 141.21 Mn |
| Mar 31, 2024 | 152.50 Mn |
| Dec 31, 2023 | 154.09 Mn |
| Sep 30, 2023 | 142.72 Mn |
| Jun 30, 2023 | 148.54 Mn |
| Mar 31, 2023 | 143.62 Mn |
| Dec 31, 2022 | 141.00 Mn |
| Sep 30, 2022 | 129.42 Mn |
| Jun 30, 2022 | 132.43 Mn |
| Mar 31, 2022 | 129.51 Mn |
| Dec 31, 2021 | 127.76 Mn |
| Sep 30, 2021 | 112.23 Mn |