0000906163-26-000084 | 11-K | XBRL Viewer

Summary of Significant Accounting Policies (Policies) - EBP 333	12 Months Ended
	Dec. 31, 2025
EBP, Accounting Policy [Line Items]
Basis of Presentation	Basis of Presentation The accompanying financial statements have been prepared on the accrual basis of accounting in conformity with generally accepted accounting principles in the United States of America ("GAAP").
Use of Estimates in Preparation of Financial Statements	Use of Estimates in Preparation of Financial Statements The preparation of financial statements in conformity with GAAP requires the Plan Administrator to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of Plan activity during the reporting period. Accordingly, actual results may differ from those estimates.
Investment Income and Investment Valuation and Transactions	Investment Income Interest income from investments is recorded on the accrual basis of accounting. Dividend income is recorded on the ex-dividend date. Investment transactions are accounted for on a trade-date basis. Investment Valuation and Transactions All investments are reported at fair value. Net appreciation or depreciation in fair value of investments includes the Plan’s gains and losses on investments bought and sold as well as held during the year. Net appreciation or depreciation is measured and recognized in the Statement of Changes in Net Assets Available for Plan Benefits as the difference between the fair value of investments at the investment sale date or re-measured at the financial statement date and the fair value at the beginning of the Plan Year or the original measurement at the investment purchase date if purchased during the Plan Year. Purchase and sale transactions are recorded on a trade-date basis.
Fair Value Measurements	Fair Value Measurements Accounting Standard Codification (“ASC”) Topic 820 defines fair value as the price that would be received to sell an asset or paid to transfer a liability in the principal market for the asset or liability or, in the absence of a principal market, the most advantageous market for the asset or liability, in an orderly transaction between market participants at the measurement date. ASC Topic 820 establishes a fair value hierarchy for those instruments measured at fair value that distinguishes between assumptions based on market data (observable inputs) and the Plan’s assumptions (unobservable inputs). The hierarchy consists of three levels: Level 1 – Quoted market prices in active markets for identical assets or liabilities. Investments in registered investment companies, shares of the Company’s common stock, other common and preferred stock and cash are valued using quoted prices in active markets. The self-directed brokerage accounts are primarily comprised of individuals participant-directed investments, predominately in mutual funds, exchange-traded funds and common stocks, that are valued using quoted prices in active markets. Level 2 – Inputs other than Level 1 inputs that are either directly or indirectly observable. The Master Trust has no investments valued using Level 2 inputs. Level 3 – Unobservable inputs developed using estimates and assumptions developed by the Plan, which reflect those a market participant would use. The Master Trust has no investments valued using Level 3 inputs. Common collective trusts ("CCTs") are valued using Net Asset Value ("NAV") as a practical expedient and are not categorized in the fair value hierarchy. NAV is provided by the fund's issuer and is based on the fair value of the underlying investments held by the fund less its liabilities. Participant directed withdrawals or exchanges may be made on a daily basis, with no restrictions. In the event the Master Trust were to initiate a full redemption of any of the CCTs, the Plan must provide advance notice and for certain of the CCTs, the fund’s issuer reserves the right to temporarily delay withdrawal from the CCT in order to ensure that securities liquidations will be carried out in an orderly business manner. The CCTs have no unfunded commitments. As of December 31, 2025, the Master Trust had not provided the respective trustees with advance notice to terminate the Master Trust's investment in any of the CCT funds.
Payments of Benefits	Payments of Benefits Benefits are recorded as deductions when paid.

- Definition

Disclosure of accounting policy for use of estimate in preparation of financial statement of employee stock purchase, saving, or similar plan (employee benefit plan (EBP)).

+ References + Details

Summary of Significant Accounting Policies

12 Months Ended

Dec. 31, 2025

EBP 333

EBP, Accounting Policy [Line Items]

Summary of Significant Accounting Policies

2. Summary of Significant Accounting Policies

Basis of Presentation

The accompanying financial statements have been prepared on the accrual basis of accounting in conformity with generally accepted accounting principles in the United States of America ("GAAP").

Use of Estimates in Preparation of Financial Statements

The preparation of financial statements in conformity with GAAP requires the Plan Administrator to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of Plan activity during the reporting period. Accordingly, actual results may differ from those estimates.

Investment Income

Interest income from investments is recorded on the accrual basis of accounting. Dividend income is recorded on the ex-dividend date. Investment transactions are accounted for on a trade-date basis.

Investment Valuation and Transactions

All investments are reported at fair value.

Net appreciation or depreciation in fair value of investments includes the Plan’s gains and losses on investments bought and sold as well as held during the year. Net appreciation or depreciation is measured and recognized in the Statement of Changes in Net Assets Available for Plan Benefits as the difference between the fair value of investments at the investment sale date or re-measured at the financial statement date and the fair value at the beginning of the Plan Year or the original measurement at the investment purchase date if purchased during the Plan Year. Purchase and sale transactions are recorded on a trade-date basis.

Fair Value Measurements

Accounting Standard Codification (“ASC”) Topic 820 defines fair value as the price that would be received to sell an asset or paid to transfer a liability in the principal market for the asset or liability or, in the absence of a principal market, the most advantageous market for the asset or liability, in an orderly transaction between market participants at the measurement date. ASC Topic 820 establishes a fair value hierarchy for those instruments measured at fair value that distinguishes between assumptions based on market data (observable inputs) and the Plan’s assumptions (unobservable inputs). The hierarchy consists of three levels:

Level 1 – Quoted market prices in active markets for identical assets or liabilities.

Investments in registered investment companies, shares of the Company’s common stock, other common and preferred stock and cash are valued using quoted prices in active markets. The self-directed brokerage accounts are primarily comprised of individuals participant-directed investments, predominately in mutual funds, exchange-traded funds and common stocks, that are valued using quoted prices in active markets.

Level 2 – Inputs other than Level 1 inputs that are either directly or indirectly observable.

The Master Trust has no investments valued using Level 2 inputs.

Level 3 – Unobservable inputs developed using estimates and assumptions developed by the Plan, which reflect those a market participant would use.

The Master Trust has no investments valued using Level 3 inputs.

Common collective trusts ("CCTs") are valued using Net Asset Value ("NAV") as a practical expedient and are not categorized in the fair value hierarchy. NAV is provided by the fund's issuer and is based on the fair value of the underlying investments held by the fund less its liabilities. Participant directed withdrawals or exchanges may be

made on a daily basis, with no restrictions. In the event the Master Trust were to initiate a full redemption of any of the CCTs, the Plan must provide advance notice and for certain of the CCTs, the fund’s issuer reserves the right to temporarily delay withdrawal from the CCT in order to ensure that securities liquidations will be carried out in an orderly business manner. The CCTs have no unfunded commitments. As of December 31, 2025, the Master Trust had not provided the respective trustees with advance notice to terminate the Master Trust's investment in any of the CCT funds.

The following table presents the financial instruments in the Master Trust (see footnote 3 for discussion of the Master Trust) measured at fair value on a recurring basis, based on the fair value hierarchy as of December 31, 2025.


	Basis of Fair Value Measurements
	Level 1		Level 2		Level 3		Total
Fair Value Measurements:
Investments in registered investment companies	309,745		—		—		309,745
NVR, Inc common stock	1,256,922		—		—		1,256,922
Self-directed brokerage accounts	38,321		—		—		38,321
Cash	111		—		—		111
Total investments measured in the fair value hierarchy	$	1,605,099	$	—	$	—	$	1,605,099
Investments measured at net asset value (1):
Investments in common/collective trusts	—		—		—		660,462
Total investments in the Master Trust	$	1,605,099	$	—	$	—	$	2,265,561

The following table presents the financial instruments in the Master Trust measured at fair value on a recurring basis, based on the fair value hierarchy as of December 31, 2024.


	Basis of Fair Value Measurements
	Level 1		Level 2		Level 3		Total
Fair Value Measurements:
Investments in registered investment companies	252,895		—		—		252,895
NVR, Inc common stock	1,463,267		—		—		1,463,267
Self-directed brokerage accounts	29,501		—		—		29,501
Cash	117		—		—		117
Total investments measured in the fair value hierarchy	$	1,745,780	$	—	$	—	$	1,745,780
Investments measured at net asset value (1):
Investments in common/collective trusts	—		—		—		569,743
Total investments in the Master Trust	$	1,745,780	$	—	$	—	$	2,315,523

(1) The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the total of investments in the Master Trust at fair value as presented in Note 3.

Payments of Benefits

Benefits are recorded as deductions when paid.

Related Parties and Parties-In-Interest	12 Months Ended
Dec. 31, 2025
EBP 333
EBP, Related Party and Party-in-Interest Transactions [Line Items]
Related Parties and Parties-In-Interest	Related Parties and Parties-In-Interest At December 31, 2025 and 2024, Plan investments of $799,261 and $655,195, respectively, are with parties-in-interest as they are investment funds managed by the trustee and recordkeeper, Fidelity Management Trust Company and Fidelity Investments Institutional Operations Company, Inc. At December 31, 2025 and 2024, investments held by the Plan included 30,144 and 30,391 shares of NVR, Inc. common stock, with a fair value of $219,834 and $252,978, respectively. Certain administrative expenses of the Plan are paid directly by the Sponsor and are considered party-in-interest transactions. The Plan also issues loans to participants, which are secured by the vested balances in the participants’ accounts. These transactions qualify as exempt party-in-interest transactions.

Cover	12 Months Ended
Dec. 31, 2025
Document Information [Line Items]
Document Type	11-K
Entity Registrant Name	NVR, Inc.
Amendment Flag	false
Entity Central Index Key	0000906163
EBP 333
Document Information [Line Items]
Document Type	11-K
Entity Registrant Name	NVR, Inc.
Amendment Flag	false
Entity Central Index Key	0000906163

Related Parties and Parties-In-Interest (Details) - EBP 333 - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
EBP, Related Party and Party-in-Interest Transactions [Line Items]
Plan's interest in master trust, at fair value	$ 1,129,584	$ 1,012,619
EBP, Other Related Party and Party-in-Interest
EBP, Related Party and Party-in-Interest Transactions [Line Items]
Total investments in the Master Trust	$ 799,261	$ 655,195
Investment, number of shares (in shares)	30,144	30,391
NVR, Inc common stock \| EBP, Other Related Party and Party-in-Interest
EBP, Related Party and Party-in-Interest Transactions [Line Items]
Plan's interest in master trust, at fair value	$ 219,834	$ 252,978

- Definition

Fair value of investment, excluding plan interest in master trust, held by employee stock purchase, saving, or similar plan (employee benefit plan (EBP)). Includes, but is not limited to, derivative, investment measured at net asset value per share as practical expedient, and insurance contract not meeting fully-benefit responsive investment criteria.

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+ Details

Investments

12 Months Ended

Dec. 31, 2025

EBP 333

EBP, Master Trust [Line Items]

Investments

The Plan’s share of changes in the Master Trust and the value of the Master Trust have been reported to the Plan by the trustee as having been determined through the use of fair values for all investments. The divided interest of each Plan in the Master Trust is increased or decreased (as the case may be):

(i)for the entire amount of every contribution received on behalf of the Plan, every benefit payment, or other expense attributable solely to such Plan, and every other transaction relating only to such Plan; and

(ii)for accrued income, gain or loss, and administrative expense attributable solely to such Plan.

The following table presents the investments held by the Master Trust and the Plan's interest in each of those investments at fair value as of December 31, 2025 and 2024:


	Master Trust				Plan's Interest
	2025		2024		2025		2024

NVR, Inc. common stock	$	1,256,922	$	1,463,267	$	219,834	$	252,978
Investments in registered investment companies	309,745		252,895		271,135		212,852
Investments in common/collective trusts	660,462		569,743		609,328		525,749
Self-directed brokerage accounts	38,321		29,501		29,202		20,951
Cash	111		117		85		89
Total	$	2,265,561	$	2,315,523	$	1,129,584	$	1,012,619

Net investment gain for the Master Trust and the Plan's portion for the year ended December 31, 2025 was as follows:


	Master Trust		Plan's Interest
Net investment gain:
Net (depreciation) appreciation in fair value of investments	$	(7,991)	$	112,976
Dividend income	9,024		7,334
Net investment gain in Master Trust	$	1,033	$	120,310

The investment gain allocation variance between the PSP and ESOP is driven primarily by the investment mix within the respective plans. The ESOP requires holdings to be predominately invested in NVR, Inc. common stock;

whereas the PSP has no similar requirements and thus holdings within the PSP are diversified among multiple investments.

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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-URI https://asc.fasb.org/1943274/2147477783/962-325-50-8A

Reference 25: http://www.xbrl.org/2003/role/exampleRef
-Topic 962
-SubTopic 325
-Name Accounting Standards Codification
-Section 50
-Paragraph 8A
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477783/962-325-50-8A

Reference 26: http://www.xbrl.org/2003/role/exampleRef
-Topic 962
-SubTopic 325
-Name Accounting Standards Codification
-Section 50
-Paragraph 8A
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477783/962-325-50-8A

Reference 27: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (bbb)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 28: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (bbb)(2)(i)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 29: http://www.xbrl.org/2003/role/disclosureRef
-Topic 962
-SubTopic 325
-Name Accounting Standards Codification
-Section 50
-Paragraph 8C
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477783/962-325-50-8C

+ Details

- Definition

The entire disclosure for master trust arrangement in which employee stock purchase, saving, or similar plan (employee benefit plan (EBP)) participates.

+ References

+ Details

Statements of Net Assets Available for Plan Benefits - EBP 333 - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
EBP, Asset [Abstract]
Plan's interest in master trust, at fair value	$ 1,129,584	$ 1,012,619
Receivables:
Notes receivable from participants	13,255	12,756
Interest, dividends and other	0	5
Total receivables	13,255	12,761
Total assets	1,142,839	1,025,380
LIABILITIES
Due to participants	24	58
Net assets available for plan benefits	$ 1,142,815	$ 1,025,322

Summary of Significant Accounting Policies - Schedule of Financial Instruments in the Master Trust Measured at Fair Value (Details) - EBP 333 - Master Trust - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
EBP, Master Trust [Line Items]
Total investments in the Master Trust	$ 2,265,561	$ 2,315,523
NVR, Inc common stock
EBP, Master Trust [Line Items]
Total investments in the Master Trust	1,256,922	1,463,267
Investments in registered investment companies
EBP, Master Trust [Line Items]
Total investments in the Master Trust	309,745	252,895
Self-directed brokerage accounts
EBP, Master Trust [Line Items]
Total investments in the Master Trust	38,321	29,501
Cash
EBP, Master Trust [Line Items]
Total investments in the Master Trust	111	117
Investments in common/collective trusts
EBP, Master Trust [Line Items]
Total investments in the Master Trust	660,462	569,743
Total
EBP, Master Trust [Line Items]
Total investments in the Master Trust	1,605,099	1,745,780
Total \| NVR, Inc common stock
EBP, Master Trust [Line Items]
Total investments in the Master Trust	1,256,922	1,463,267
Total \| Investments in registered investment companies
EBP, Master Trust [Line Items]
Total investments in the Master Trust	309,745	252,895
Total \| Self-directed brokerage accounts
EBP, Master Trust [Line Items]
Total investments in the Master Trust	38,321	29,501
Total \| Cash
EBP, Master Trust [Line Items]
Total investments in the Master Trust	111	117
Level 1
EBP, Master Trust [Line Items]
Total investments in the Master Trust	1,605,099	1,745,780
Level 1 \| NVR, Inc common stock
EBP, Master Trust [Line Items]
Total investments in the Master Trust	1,256,922	1,463,267
Level 1 \| Investments in registered investment companies
EBP, Master Trust [Line Items]
Total investments in the Master Trust	309,745	252,895
Level 1 \| Self-directed brokerage accounts
EBP, Master Trust [Line Items]
Total investments in the Master Trust	38,321	29,501
Level 1 \| Cash
EBP, Master Trust [Line Items]
Total investments in the Master Trust	111	117
Level 2
EBP, Master Trust [Line Items]
Total investments in the Master Trust	0	0
Level 2 \| NVR, Inc common stock
EBP, Master Trust [Line Items]
Total investments in the Master Trust	0	0
Level 2 \| Investments in registered investment companies
EBP, Master Trust [Line Items]
Total investments in the Master Trust	0	0
Level 2 \| Self-directed brokerage accounts
EBP, Master Trust [Line Items]
Total investments in the Master Trust	0	0
Level 2 \| Cash
EBP, Master Trust [Line Items]
Total investments in the Master Trust	0	0
Level 3
EBP, Master Trust [Line Items]
Total investments in the Master Trust	0	0
Level 3 \| NVR, Inc common stock
EBP, Master Trust [Line Items]
Total investments in the Master Trust	0	0
Level 3 \| Investments in registered investment companies
EBP, Master Trust [Line Items]
Total investments in the Master Trust	0	0
Level 3 \| Self-directed brokerage accounts
EBP, Master Trust [Line Items]
Total investments in the Master Trust	0	0
Level 3 \| Cash
EBP, Master Trust [Line Items]
Total investments in the Master Trust	0	0
Investments measured at net asset value \| Investments in common/collective trusts
EBP, Master Trust [Line Items]
Total investments in the Master Trust	$ 660,462	$ 569,743

Description of Plan and Benefits (Details) - EBP 333 $ in Thousands	12 Months Ended
	Dec. 31, 2025 USD ($) year loan	Dec. 31, 2024 USD ($)
EBP, Description of Plan [Line Items]
Voluntary salary deferral contributions, minimum percentage	1.00%
Voluntary salary deferral contributions, maximum percentage	50.00%
Due to participants	$ 24	$ 58
Increase from employer contribution	$ 5,735
Employer contribution, annual vesting percentage	20.00%
Participant accounts, vesting percentage	100.00%
Vesting age \| year	60
Forfeitures reallocated to participant	$ 1,298	$ 735
Maximum borrowing, amount	$ 50
Maximum borrowing, to total account, percentage	50.00%
Maximum number of loans outstanding \| loan	2
Basis spread on variable rate	1.00%

Schedule H, Line 4(a) - Schedule of Delinquent Participant Contributions (Details) - EBP 333 $ in Thousands	12 Months Ended
	Dec. 31, 2025 USD ($)
EBP, Schedule of Delinquent Participant Contribution [Line Items]
Entity tax identification number	54-1394360
Plan number	333
Late repayment included	true
Participant contributions transferred late to Plan	$ 747
Contributions not corrected	0
Contributions corrected outside of VFCP (1)	747
Contributions pending correction in VFCP	0
Total fully corrected under VFCP and PTE 2002-51	$ 0

Reconciliation of Financial Statements to Form 5500 - Schedule of Reconciliation of Financial Statements to Form 5500 (Details) - EBP 333 - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
EBP, Reconciliation of Financial Statement to Form 5500 [Line Items]
Net assets available as reported in the financial statements	$ 1,142,815	$ 1,025,322
Deemed distribution	(35)	(8)
Net assets available as reported in the Form 5500	$ 1,142,780	$ 1,025,314

- Definition

Amount of asset less liability available to pay benefit of participant in employee stock purchase, saving, or similar plan (employee benefit plan (EBP)), including, but not limited to, aggregation of participants' individual account balances.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 962
-SubTopic 325
-Name Accounting Standards Codification
-Section 45
-Paragraph 8
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477509/962-325-45-8

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (b)(3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-1

Reference 3: http://www.xbrl.org/2003/role/exampleRef
-Topic 962
-SubTopic 325
-Name Accounting Standards Codification
-Section 55
-Paragraph 18
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478873/962-325-55-18

Reference 4: http://www.xbrl.org/2003/role/exampleRef
-Topic 962
-SubTopic 325
-Name Accounting Standards Codification
-Section 55
-Paragraph 17
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478873/962-325-55-17

Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 962
-SubTopic 205
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6A-05(a)(Schedule II))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477804/962-205-S99-1

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 962
-SubTopic 40
-Name Accounting Standards Codification
-Section 25
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479750/962-40-25-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 962
-SubTopic 205
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6A-04(7))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477804/962-205-S99-1

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 962
-SubTopic 205
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6A-04(6))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477804/962-205-S99-1

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 962
-SubTopic 205
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6A-03(9))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477804/962-205-S99-1

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 962
-SubTopic 205
-Name Accounting Standards Codification
-Section 45
-Paragraph 2
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477063/962-205-45-2

+ Details

Reconciliation of Financial Statements to Form 5500 - Reconciliation to the Form 5500 of the Increase in Net Assets Available for Plan Benefits (Details) - EBP 333 $ in Thousands	12 Months Ended
	Dec. 31, 2025 USD ($)
EBP, Reconciliation of Financial Statement to Form 5500 [Line Items]
Increase in net assets as reported in the financial statements	$ 117,493
Deemed distributions reported in 2025 Form 5500	(35)
Deemed distributions reported in 2024 Form 5500	8
Increase in net assets as reported in the Form 5500	$ 117,466

Statement of Changes in Net Assets Available for Plan Benefits - EBP 333 $ in Thousands	12 Months Ended
	Dec. 31, 2025 USD ($)
Additions to net assets attributable to:
Plan's share of net investment income of master trust	$ 120,310
Interest income on notes receivable from participants	1,098
Contributions:
Employee	49,748
Employer	5,735
Rollovers	3,810
Total contributions	59,293
Total additions	180,701
Deductions from net assets attributable to:
Benefits paid to participants	(62,538)
Administrative expenses	(670)
Total deductions	(63,208)
Increase in net assets available for plan benefits	117,493
Net assets available for plan benefits at beginning of year	1,025,322
Net assets available for plan benefits at end of year	$ 1,142,815

Investments - Net Investment Gain for the Master Trust and the Plan's Portion (Details) - EBP 333 $ in Thousands	12 Months Ended
	Dec. 31, 2025 USD ($)
Net investment gain:
Plan's share of net investment income of master trust	$ 120,310
Master Trust
Net investment gain:
Plan's share of net investment income of master trust	(7,991)
Dividend income	9,024
Net investment gain in Master Trust	1,033
Plan's Interest
Net investment gain:
Plan's share of net investment income of master trust	112,976
Dividend income	7,334
Net investment gain in Master Trust	$ 120,310

Description of Plan and Benefits	12 Months Ended
Description of Plan and Benefits	Dec. 31, 2025
EBP 333
EBP, Description of Plan [Line Items]
Description of Plan and Benefits	Description of Plan and Benefits The following description of the NVR, Inc. Profit Sharing Plan (the “Plan” or “PSP”) provides only general information. Participants should refer to the Plan document for a more complete description of the Plan's provisions. General The Plan is a defined contribution, profit-sharing retirement plan, and covers substantially all employees of NVR, Inc. and its affiliated companies ("NVR", the "Company” or "Employer"). The investments of the PSP, along with the investments of the NVR, Inc. Employee Stock Ownership Plan ("ESOP") are held within the NVR, Inc. Profit Sharing Plan and ESOP Master Trust ("Master Trust"). Fidelity Management Trust Company ("Fidelity") is the trustee and provides recordkeeping services for the Plan. Additionally, Fidelity Investments Institutional Operating Company, Inc., provides certain other recordkeeping services for the Plan. Fidelity maintains a separate account reflecting the equitable share of each plan's investments within the Master Trust and reports the Plan’s share of investments to the Plan. The Plan is administered by the Profit Sharing Committee (the "Plan Administrator"), which is designated by the Board of Directors of NVR, Inc. (the “Board”). The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”). The Plan year begins each January 1st and ends each December 31st ("Plan Year"). Employee Eligibility All full-time and part-time employees are eligible to participate in the Plan immediately upon employment. The Plan excludes any employee covered by a collective bargaining agreement negotiated in good faith with the Company and leased employees. Contributions The Plan provides for eligible Plan participants to make voluntary salary deferral contributions (“VSDC”) from 1% to 50% of their current salary on a combined pre-tax, Roth and post-tax basis into the Plan for investment. All investment funds provided in the Plan are available for employee VSDC. A participant's pre-tax and/or Roth deferral was limited to a maximum contribution of $23.5 during 2025 and $23.0 during 2024. Participants who reached age 50 or older before the close of the calendar year and have deferred the maximum amount allowed under the Plan have the option to make additional pre-tax and/or Roth salary deferrals. The maximum “catch-up” contribution was $7.5 during 2025 and 2024. Participants may change their salary deferral percentages periodically, but participants generally cannot withdraw fund balances before termination, retirement, death or total permanent disability unless certain hardship conditions exist. At December 31, 2025 and 2024, refunds of $24 and $58, respectively, were due to participants for excess contributions made during the Plan Year and are reflected as a reduction of employee contributions in the Statement of Changes in Net Assets Available for Plan Benefits and in the “Due to participants” line item on the Statements of Net Assets Available for Plan Benefits. In accordance with the Plan, the Company may declare a matching contribution. In 2025, the Company matched up to the first one thousand dollars of individual participants’ pre-tax and/or Roth salary deferrals. The Company does not make matching contributions on post-tax salary deferrals. NVR contributed $5,735 in matching contributions during 2025. Matching contributions are invested in participant accounts in the Plan as directed by participants. Vesting and Forfeitures Employees vest in Company matching contributions at the rate of 20% per year beginning with the completion of the second year of service. Employees also become 100% vested upon reaching age 60 or upon an employee’s termination on account of death or total disability. Participants are fully vested at all times in their VSDC account balances. Forfeitures of unvested amounts relating to terminated employees are used to pay certain recordkeeping and investment consultant fees. The remainder are allocated annually, in the subsequent fiscal year, to all eligible participants in the Plan as of December 31, based upon the proportion that the participant’s compensation for that Plan Year bears to the total compensation received for such year by all participants sharing in the allocation, subject to the annual addition limitation and nondiscrimination requirement imposed under the Internal Revenue Code. Forfeitures of $1,298 and $735 in 2025 and 2024, respectively, were allocated to eligible participant accounts in 2025 and 2024, respectively. Investment Options The Plan Administrator selects the number and type of investment options available. Fidelity is responsible for maintaining an account balance for each participant. Each participant instructs Fidelity how to allocate their account balances. Fidelity values account balances daily. Each investment fund's income and expenses are allocated to participant accounts daily in relation to their respective account balances. Each account balance is based on the value of the underlying investments in each account. Generally, participants may elect to change how future contributions are allocated or may transfer current account balances among investment options. Payments of Benefits Depending on various provisions and restrictions of the Plan, the method of benefit payment can be in the form of a lump-sum distribution or based on a deferred payment schedule. Amounts remaining in the Plan as a result of deferred payments are subject to daily fluctuations in value based on the underlying investments in each account. Notes Receivable from Participants Loans are made available to all participants on a nondiscriminatory basis in accordance with the specific provisions set forth in the Plan. The amount of a loan generally cannot exceed the lesser of $50 or one-half of a participant's total vested account balance as of the loan origination date, and participants may have a maximum of two loans outstanding at any time. Generally, a loan bears interest at a fixed rate which is determined by the Plan Administrator. Such rate for all outstanding loans was prime plus 1% set at the date of loan origination. All loans are subject to specific repayment terms and are secured by the participant's non-forfeitable interest in his/her account equivalent to the principal amount of the loan. Loan repayment terms range from one to five years with the exception of loans taken for the purchase of a primary residence, in which case the repayment terms may be extended for a term of up to fifteen years. For participant loans that become delinquent, are not cured and result in default, the amount of the unpaid loan and interest due to the Plan will be a deemed distribution. Deemed distributions are reported as a taxable distribution and remain part of the participant's account balance until a distributable event occurs (i.e termination of employment). Participants must pay any outstanding loans in full upon termination of service with the Company. Loans not repaid within the time-frame specified by the Plan subsequent to termination are considered to be in default and treated as a distribution to the terminated participant. Participant loans are recorded at unpaid principal plus accrued interest. Administrative Expenses Loan origination fees, trustee fees and most recordkeeping fees are paid by Plan participants. Certain recordkeeping and investment consultant fees are paid by the Plan, from Plan forfeitures. All other administrative expenses are paid directly by the Company.

Investments (Tables)

12 Months Ended

Dec. 31, 2025

EBP 333

EBP, Master Trust [Line Items]

Schedule of Investments Held by the Master Trust and the Plan's interest

The following table presents the investments held by the Master Trust and the Plan's interest in each of those investments at fair value as of December 31, 2025 and 2024:


	Master Trust				Plan's Interest
	2025		2024		2025		2024

NVR, Inc. common stock	$	1,256,922	$	1,463,267	$	219,834	$	252,978
Investments in registered investment companies	309,745		252,895		271,135		212,852
Investments in common/collective trusts	660,462		569,743		609,328		525,749
Self-directed brokerage accounts	38,321		29,501		29,202		20,951
Cash	111		117		85		89
Total	$	2,265,561	$	2,315,523	$	1,129,584	$	1,012,619

Net investment gain for the Master Trust and the Plan's portion for the year ended December 31, 2025 was as follows:


	Master Trust		Plan's Interest
Net investment gain:
Net (depreciation) appreciation in fair value of investments	$	(7,991)	$	112,976
Dividend income	9,024		7,334
Net investment gain in Master Trust	$	1,033	$	120,310

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

+ Details

- Definition

Tabular disclosure of master trust arrangement in which employee stock purchase, saving, or similar plan (employee benefit plan (EBP)) participates.

+ References + Details

Schedule H, Line 4(i) - Schedule of Assets (Held at End of Year) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2025 USD ($)
EBP, Schedule of Asset Held for Investment [Line Items]
Cost	$ 0
EBP 333
EBP, Schedule of Asset Held for Investment [Line Items]
Entity tax identification number	54-1394360
Plan number	333
Current value	$ 13,255
EBP 333 \| Minimum
EBP, Schedule of Asset Held for Investment [Line Items]
Participant loan, interest rate	4.25%
EBP 333 \| Maximum
EBP, Schedule of Asset Held for Investment [Line Items]
Participant loan, interest rate	9.50%

- Definition

Plan number of employee stock purchase, saving, or similar plan (employee benefit plan (EBP)), in three-digit numeric format.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 962
-SubTopic 205
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6A-05(a)(Schedule I))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477804/962-205-S99-1

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 962
-SubTopic 205
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6A-05(a)(Schedule II))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477804/962-205-S99-1

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Name Employee Retirement Income Security Act of 1974
-Number 2520
-Section 103
-Subsection 10
-Paragraph b
-Subparagraph (1)
-Publisher DOL-EBSA

Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 962
-SubTopic 205
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6A-05(a)(Schedule III))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477804/962-205-S99-1

Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef
-Name Employee Retirement Income Security Act of 1974
-Number 2520
-Section 103
-Subsection 10
-Paragraph b
-Subparagraph (3)
-Publisher DOL-EBSA

Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef
-Name Employee Retirement Income Security Act of 1974
-Number 2520
-Section 103
-Subsection 10
-Paragraph b
-Subparagraph (4)
-Publisher DOL-EBSA

Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef
-Name Employee Retirement Income Security Act of 1974
-Number 2520
-Section 103
-Subsection 6
-Paragraph d
-Subparagraph (1)
-Publisher DOL-EBSA

Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef
-Name Employee Retirement Income Security Act of 1974
-Number 2520
-Section 103
-Subsection 6
-Paragraph d
-Subparagraph (2)
-Publisher DOL-EBSA

Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef
-Name Employee Retirement Income Security Act of 1974
-Number 2520
-Section 103
-Subsection 10
-Paragraph b
-Subparagraph (2)
-Publisher DOL-EBSA

+ Details

Investments - Fair Value of Investments Held by the Master Trust and the Plan's interest (Details) - EBP 333 - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Master Trust
EBP, Master Trust [Line Items]
Total investment	$ 2,265,561	$ 2,315,523
Plan's Interest
EBP, Master Trust [Line Items]
Total investment	1,129,584	1,012,619
NVR, Inc common stock \| Master Trust
EBP, Master Trust [Line Items]
Total investment	1,256,922	1,463,267
NVR, Inc common stock \| Plan's Interest
EBP, Master Trust [Line Items]
Total investment	219,834	252,978
Investments in registered investment companies \| Master Trust
EBP, Master Trust [Line Items]
Total investment	309,745	252,895
Investments in registered investment companies \| Plan's Interest
EBP, Master Trust [Line Items]
Total investment	271,135	212,852
Investments in common/collective trusts \| Master Trust
EBP, Master Trust [Line Items]
Total investment	660,462	569,743
Investments in common/collective trusts \| Plan's Interest
EBP, Master Trust [Line Items]
Total investment	609,328	525,749
Self-directed brokerage accounts \| Master Trust
EBP, Master Trust [Line Items]
Total investment	38,321	29,501
Self-directed brokerage accounts \| Plan's Interest
EBP, Master Trust [Line Items]
Total investment	29,202	20,951
Cash \| Master Trust
EBP, Master Trust [Line Items]
Total investment	111	117
Cash \| Plan's Interest
EBP, Master Trust [Line Items]
Total investment	$ 85	$ 89

Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2025

Dec. 31, 2024

EBP 333

EBP, Accounting Policy [Line Items]

Schedule of Financial Instruments in the Master Trust Measured at Fair Value


	Basis of Fair Value Measurements
	Level 1		Level 2		Level 3		Total
Fair Value Measurements:
Investments in registered investment companies	309,745		—		—		309,745
NVR, Inc common stock	1,256,922		—		—		1,256,922
Self-directed brokerage accounts	38,321		—		—		38,321
Cash	111		—		—		111
Total investments measured in the fair value hierarchy	$	1,605,099	$	—	$	—	$	1,605,099
Investments measured at net asset value (1):
Investments in common/collective trusts	—		—		—		660,462
Total investments in the Master Trust	$	1,605,099	$	—	$	—	$	2,265,561

The following table presents the financial instruments in the Master Trust measured at fair value on a recurring basis, based on the fair value hierarchy as of December 31, 2024.


	Basis of Fair Value Measurements
	Level 1		Level 2		Level 3		Total
Fair Value Measurements:
Investments in registered investment companies	252,895		—		—		252,895
NVR, Inc common stock	1,463,267		—		—		1,463,267
Self-directed brokerage accounts	29,501		—		—		29,501
Cash	117		—		—		117
Total investments measured in the fair value hierarchy	$	1,745,780	$	—	$	—	$	1,745,780
Investments measured at net asset value (1):
Investments in common/collective trusts	—		—		—		569,743
Total investments in the Master Trust	$	1,745,780	$	—	$	—	$	2,315,523

- Definition

Tabular disclosure of fair value of investment held by employee stock purchase, saving, or similar plan (employee benefit plan (EBP)), including, but not limited to, fair value measured at net asset value per share as practical expedient (NAV).

+ References

+ Details

Tax Status	12 Months Ended
Tax Status	Dec. 31, 2025
EBP 333
EBP, Tax Status [Line Items]
Tax Status	Tax Status The Plan received its latest determination letter dated September 7, 2017 which stated that the Plan is qualified under section 401(a) of the Internal Revenue Code (the “Code”) and its related Trust is exempt from tax under section 501(a) of the Code. The Plan has been amended since receiving the determination letter; however, in the opinion of the Plan Administrator, the Plan and its underlying trust have operated within the terms of the Plan and remain qualified under the applicable provisions of the Code. GAAP requires plan management to evaluate tax positions taken by the Plan and recognize a tax liability (or asset) if the Plan has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. The Plan Administrator has analyzed the tax positions taken by the Plan, and has concluded that as of December 31, 2025 and 2024, there are no uncertain positions taken or expected to be taken. The Plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.

Risks and Uncertainties	12 Months Ended
Risks and Uncertainties	Dec. 31, 2025
EBP 333
EBP, Risk and Uncertainty [Line Items]
Risks and Uncertainties	Risks and Uncertainties The Plan invests in various investment securities. Investment securities are exposed to various risks such as interest rate, market and credit risks. Due to the level of risk associated with certain investment securities, it is at least reasonably possible that changes in the value of investment securities will occur in the near term and that such changes could materially affect participants’ account balances and the amounts reported in the Statements of Net Assets Available for Plan Benefits.

Subsequent Events	12 Months Ended
Subsequent Events	Dec. 31, 2025
EBP 333
EBP, Subsequent Event [Line Items]
Subsequent Events	Subsequent Events The Plan Administrator has evaluated all subsequent events through June 26, 2026, the date the financial statements were issued, and made any necessary adjustments and disclosures, as applicable.

Plan Termination	12 Months Ended
Plan Termination	Dec. 31, 2025
EBP 333
EBP, Description of Plan [Line Items]
Plan Termination	Plan Termination Although it has not expressed any intent to do so, the Plan Administrator has the right under the Plan to discontinue contributions at any time and terminate the Plan subject to the provisions of ERISA. In the event of a Plan termination, partial Plan termination or if the Sponsor suspends contributions indefinitely, affected participants will become fully vested in their accounts.