<a href="https://laohu8.com/S/NVR">NVR Inc</a>. third-quarter net income falls 20% as revenues decline 4%
NVR Inc. reported net income of $342.7 million for the third quarter ended September 30, 2025, compared to $429.3 million in the same quarter of 2024. Consolidated revenues for the third quarter of 2025 were $2.61 billion, down from $2.73 billion in the third quarter of 2024. For the first nine months of 2025, consolidated revenues were $7.61 billion, a decrease from $7.68 billion in the same period of 2024. Net income for the nine-month period was $976.0 million, compared to $1.22 billion for the corresponding period in 2024. Homebuilding revenues for the third quarter of 2025 totaled $2.56 billion, a decrease from $2.68 billion in the third quarter of 2024. The gross profit margin for the segment was 21.0% in the third quarter of 2025, compared to 23.4% in the same period of the previous year. Income before tax from the homebuilding segment was $411.4 million, down from $501.0 million in the third quarter of 2024. Mortgage closed loan production in the third quarter of 2025 was $1.54 billion, compared to $1.65 billion in the same quarter of 2024. Income before tax from the mortgage banking segment totaled $32.7 million, compared to $34.9 million in the third quarter of 2024.
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