NVR (NVR -0.05%), a leading U.S. homebuilder behind the Ryan Homes, NVHomes, and Heartland Homes brands, released its second quarter 2025 earnings on July 23, 2025. The headline news was a beat on revenue (GAAP), which reached $2.60 billion, surpassing the analysts' estimate of $2,502.45 million, and earnings per share (GAAP), which came in at $108.54 compared to the expected $106.20. Despite these beats, Several key business metrics declined year over year, with GAAP diluted earnings per share down about 1 ...