Green Brick Partners, Inc.
Business
Green Brick Partners, Inc. is a diversified homebuilding and land development company that acquires and develops land and builds homes through its branded builder subsidiaries. It offers single-family homes, townhomes, condominiums, patio homes, luxury homes, and related title, mortgage and insurance services. Its key business segments include land acquisition and development, lot development and supply, homebuilding through seven branded builders, and financial services (title, mortgage, insurance). The company sells homes primarily through model-home communities, digital and traditional marketing, and independent realtors across Dallas–Fort Worth, Austin, Houston, Atlanta and the Treasure Coast of Florida.
Summary from filing dated 2025-02-26
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Total revenues | 2,098 | 2,099 | 1,778 | 1,758 | 1,403 | |
| Total cost of revenues | 1,458 | 1,395 | 1,230 | 1,235 | 1,041 | |
| Total gross profit | 641 | 704 | 548 | 523 | 362 | |
| Selling, general and administrative expenses | −231 | −227 | −193 | −164 | −134 | |
| Income (Loss) from Equity Method Investments | 1 | 5 | 17 | 26 | 20 | |
| Other income, net | 28 | 30 | 19 | 12 | 9 | |
| Income before income taxes | 438 | 512 | 391 | 396 | 257 | |
| Income tax expense | 95 | 95 | 85 | 82 | 53 | |
| Net income | 344 | 417 | 307 | 314 | 204 | |
| Less: Net income attributable to noncontrolling interests | 30 | 36 | 22 | 22 | 14 | |
| Net income attributable to Green Brick Partners, Inc. | 313 | 382 | 285 | 292 | 190 | |
| Earnings Per Share, Basic | 7.09 | 8.51 | 6.2 | 6.07 | 3.75 | |
| Earnings Per Share, Diluted | 7.07 | 8.45 | 6.14 | 6.02 | 3.72 | |
| Weighted Average Number of Shares Outstanding, Diluted | 44 | 45 | 46 | 48 | 51 | |
| Weighted Average Number of Shares Outstanding, Basic | 44 | 45 | 45 | 48 | 51 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Redeemable Noncontrolling Interest, Equity, Carrying Amount | 52 | 45 | 36 | 29 | 22 | |
| Cash and cash equivalents | 155 | 142 | 180 | 77 | 77 | |
| Restricted Cash | 36 | 18 | 20 | 17 | 16 | |
| Receivables | 40 | 14 | 11 | 5 | 7 | |
| Inventory owned excluding consolidated VIE | 1,942 | 1,771 | — | — | — | |
| Consolidated inventory related to VIE | 158 | 167 | — | — | — | |
| Total inventory | 2,099 | 1,938 | 1,533 | 1,423 | 1,204 | |
| Loan, Mortgage, Held-for-Sale, Fair Value Disclosure | 49 | 0 | — | — | — | |
| Equity Method Investments | 93 | 61 | 85 | 74 | 56 | |
| Operating Lease, Right-of-Use Asset | 7 | 7 | 7 | 3 | 5 | |
| Property and equipment, net | 6 | 7 | 7 | 3 | 3 | |
| Earnest money deposits | 13 | 14 | 17 | 24 | 26 | |
| Deferred income tax assets, net | 11 | 14 | 15 | 16 | 16 | |
| Intangible Assets, Net (Excluding Goodwill) | 197,000 | 282,000 | 367,000 | 452,000 | 537,000 | |
| Goodwill | 680,000 | 680,000 | 680,000 | 680,000 | 680,000 | |
| Other assets | 23 | 36 | 28 | 12 | 12 | |
| Total assets | 2,535 | 2,250 | 1,903 | 1,656 | 1,422 | |
| Accounts payable | 95 | 60 | 54 | 52 | 46 | |
| Accrued expenses | 153 | 110 | 96 | 91 | 61 | |
| Contract with Customer, Liability, Revenue Recognized | 26 | 37 | 43 | 29 | 65 | |
| Operating Lease, Liability | 9 | 8 | 8 | 4 | 5 | |
| Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net | −2 | 23 | −2 | 17 | −738,000 | |
| Borrowings on lines of credit, net | — | 23 | −2 | 17 | −738,000 | |
| Warehouse Agreement Borrowings | 46 | 0 | — | — | — | |
| Senior Notes | 262 | 299 | 336 | 336 | 335 | |
| Notes payable | 14 | 15 | 13 | 15 | 210,000 | |
| Total liabilities | 602 | 552 | 549 | 544 | 511 | |
| Common Stock, Shares, Outstanding | 43 | 44 | 45 | 46 | 51 | |
| Treasury Stock, Common, Value | — | 0 | 0 | 0 | 3 | |
| Additional Paid in Capital | 244 | 245 | 256 | 259 | 290 | |
| Retained earnings | 1,567 | 1,333 | 997 | 754 | 540 | |
| Total Green Brick Partners, Inc. stockholders equity | 1,859 | 1,625 | 1,301 | 1,062 | 875 | |
| Noncontrolling interests | 22 | 28 | 17 | 21 | 14 | |
| Total equity | 1,881 | 1,653 | 1,318 | 1,083 | 889 | |
| Total liabilities and equity | 2,535 | 2,250 | 1,903 | 1,656 | 1,422 | |
| Common stock, par value (in dollars per share) | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |
| Common stock, shares authorized (in shares) | 100 | 100 | 100 | — | — |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization expense | 5 | 5 | 4 | 2 | 3 | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | 7,000 | 74,000 | 207,000 | −377,000 | 150,000 | |
| Share-based compensation expense | 12 | 8 | 7 | 4 | 3 | |
| Deferred income taxes, net | 3 | 1 | 1 | −707,000 | −365,000 | |
| Allowances For Option Deposits And Pre-Acquisition Costs | 3 | 284,000 | 64,000 | 966,000 | 223,000 | |
| Distributions of income from unconsolidated entities | 7 | 8 | 12 | 11 | 11 | |
| Increase in receivables | −26 | −3 | −5 | 2 | −2 | |
| Increase in inventory | −160 | −403 | −109 | −218 | −358 | |
| Decrease in earnest money deposits | 478,000 | 3 | 7 | 2 | −4 | |
| Increase (Decrease) in Loan, Mortgage, Held-for-Sale | −49 | 0 | 0 | — | — | |
| Decrease (increase) in other assets | 10 | −8 | −15 | −2 | 2 | |
| Increase in accounts payable | 35 | 5 | 3 | 6 | 21 | |
| Increase in accrued expenses | 42 | 14 | 5 | 30 | 21 | |
| Increase (Decrease) in Contract with Customer, Liability | −11 | −6 | 14 | −35 | 26 | |
| Net cash provided by operating activities | 213 | 26 | 213 | 91 | −92 | |
| Investments in unconsolidated entities | −39 | −32 | −6 | −4 | −8,000 | |
| Proceeds from Sale of Equity Method Investments | 0 | 64 | 0 | — | — | |
| Purchase of property and equipment, net of disposals | −5 | −4 | −8 | −2 | −2 | |
| Net cash (used in) provided by investing activities | −44 | 28 | −13 | −6 | −2 | |
| Borrowings from lines of credit | 171 | 106 | 22 | 420 | 750 | |
| Payments of Debt Issuance Costs | −941,000 | −841,000 | −638,000 | −829,000 | −3 | |
| Repayments of lines of credit | −196 | −81 | −42 | −402 | −856 | |
| Borrowings from warehouse lines of credit | 113 | 0 | 0 | — | — | |
| Repayments of warehouse lines of credit | −67 | — | — | — | — | |
| Repayments of Unsecured Debt | −38 | −38 | 0 | — | — | |
| Proceeds from Notes Payable | 0 | 15 | 63,000 | 14 | 209,000 | |
| Repayments of notes payable | −500,000 | −13 | −2 | −60,000 | −2 | |
| Payments of withholding tax on vesting of restricted stock awards | −3 | −11 | −2 | −1 | −834,000 | |
| Payments for Repurchase of Common Stock | −84 | −48 | −46 | −101 | 0 | |
| Distributions to noncontrolling interests | −27 | −17 | −19 | −11 | −7 | |
| Proceeds from (Payment for) Other Financing Activity | −4 | −3 | −2 | 0 | −106,000 | |
| Net cash used in financing activities | 138 | −94 | −94 | −84 | 154 | |
| Payments of Dividends | −3 | −3 | −3 | −3 | 0 | |
| Proceeds from Issuance of Common Stock | — | 70 | — | — | — | |
| Distributions for reallocation of shares of common stock by large stockholder | — | −70 | — | — | — | |
| Net increase (decrease) in cash and cash equivalents and restricted cash | 31 | −40 | 106 | −284,000 | 60 | |
| Cash paid for income taxes, net of refunds | 50 | 84 | 91 | 85 | 47 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Green Brick Partners, Inc.'s CIK number?
Green Brick Partners, Inc.'s SEC CIK number is 0001373670 (1373670). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Green Brick Partners, Inc.'s SEC filings?
All of Green Brick Partners, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Green Brick Partners, Inc. last report earnings?
Green Brick Partners, Inc. (GRBK-PA) most recently filed an earnings 8-K with the SEC on Feb 25, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001628280-26-011706). This is Green Brick Partners, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Green Brick Partners, Inc.'s most recent earnings 8-K?
Green Brick Partners, Inc.'s latest earnings 8-K (Item 2.02) was filed Feb 25, 2026 under accession 0001628280-26-011706. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Green Brick Partners, Inc.'s latest earnings 8-K →
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