NVR (NVR) Revenue — Quarter Ended Jun 30, 2024
NVR's revenue increased in the second quarter, driven by strong homebuilding demand. The company reported higher revenues both sequentially and compared to the same period last year.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
NVR's revenue increased in the second quarter, driven by strong homebuilding demand. The company reported higher revenues both sequentially and compared to the same period last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.6B
Revenue reported for this quarter.
Quarter-over-quarter
+12.0%
Change from the immediately preceding quarter.
Year-over-year
+11.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$9.9B
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 |
|---|---|---|
| Sep 30, 2023 | $2.6B | -7.5% |
| Dec 31, 2023 | $2.4B | -10.3% |
| Mar 31, 2024 | $2.3B | +7.1% |
| Jun 30, 2024 | $2.6B | +11.7% |
Revenue performance
Revenue for the quarter rose, reflecting improved performance in the homebuilding segment.
Quarterly comparison
Compared to the immediately preceding quarter, revenue grew. Year over year, revenue also increased.
What to watch
Monitor whether this upward revenue trend can be sustained in future quarters.