NVR (NVR) Revenue — Quarter Ended Mar 31, 2023
NVR reported lower revenue for the quarter. The decline was observed against both the prior quarter and the same period last year.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
NVR reported lower revenue for the quarter. The decline was observed against both the prior quarter and the same period last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.2B
Revenue reported for this quarter.
Quarter-over-quarter
-19.7%
Change from the immediately preceding quarter.
Year-over-year
-8.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$10.3B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2022 | $2.7B | +16.4% |
| Sep 30, 2022 | $2.8B | +15.9% |
| Dec 31, 2022 | $2.7B | +21.6% |
| Mar 31, 2023 | $2.2B | -8.4% |
Revenue performance
The quarterly revenue decreased from the immediately preceding quarter. It also fell relative to the same quarter one year earlier.
Quarterly comparison
Compared with the prior quarter, revenue contracted. On a year-over-year basis, the decline continued.
What to watch
Monitor future quarters for any change in revenue trajectory amid current declines.