Nvr NVR
NYSE NVR
$6,194.54 +77.68 (+1.27%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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