Nvr (NVR) Operating Expenses (2009 - 2026)

Nvr's (NVR) quarterly Operating Expenses came in at $157.0 million in Q1 2026, up 535.69% year-on-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.

  • On a quarterly basis, Operating Expenses rose 535.69% year-over-year to $157.0 million in Q1 2026; TTM through Mar 2026 was $468.8 million, a 276.08% increase from a year earlier, with the FY2025 full-year figure at $599.7 million, up 494.34% from the prior year.
  • Operating Expenses climbed to $157.0 million in Q1 2026 per NVR's latest filing, from $142.6 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $157.0 million in Q1 2026 and bottomed 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.
  • Across the five-year window, Operating Expenses sank 343.84% in 2023 and surged 573.78% in 2024, its largest moves.
  • Year by year, Operating Expenses stood at $141.0 million in 2022, then sank by 343.84% to -$343.8 million in 2023, then advanced by 0.35% to -$342.6 million in 2024, then surged by 141.64% to $142.6 million in 2025, then climbed by 10.04% to $157.0 million in 2026.
  • Per Business Quant, the three latest NVR Operating Expenses figures stand at $157.0 million (Q1 2026), $142.6 million (Q4 2025), and $142.7 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Horton D R 40.90 Bn 39.56 Bn 2.15 Bn 991.20 Mn
2 Pultegroup 23.36 Bn 22.03 Bn 3.92 Bn 382.97 Mn
3 Lennar 19.77 Bn 19.63 Bn 7.69 Bn 7.54 Bn
4 Nvr 17.18 Bn 15.54 Bn 1.31 Bn 156.97 Mn
5 Toll Brothers 15.08 Bn 13.99 Bn 604.89 Mn 258.25 Mn
6 Taylor Morrison Home 6.96 Bn 6.31 Bn 290.64 Mn 148.85 Mn
7 Installed Building Products 5.97 Bn 5.50 Bn 212.30 Mn 154.70 Mn
8 Meritage Homes 4.78 Bn 4.01 Bn 68.61 Mn 130.87 Mn
9 Champion Homes 4.47 Bn 3.81 Bn 172.19 Mn 109.73 Mn
10 M 4.43 Bn 3.66 Bn 202.59 Mn 831.54 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 22.61 Mn