Form 8-K
8-K — Green Brick Partners, Inc.
Accession: 0001628280-26-067938
Filed: 2026-10-28
Period: 2026-10-28
CIK: 0001373670
SIC: 1531 (OPERATIVE BUILDERS)
Item: Results of Operations and Financial Condition
Item: Other Events
Item: Financial Statements and Exhibits
Documents
8-K — grbk-20261028.htm (Primary)
EX-99 (a2q32026ex99earningsrelease.htm)
GRAPHIC (greenbrickpartnerslogocopy.jpg)
XML — IDEA: XBRL DOCUMENT (R1.htm)
8-K
8-K (Primary)
Filename: grbk-20261028.htm · Sequence: 1
grbk-20261028
0001373670false00013736702026-10-282026-10-280001373670us-gaap:CommonStockMember2026-10-282026-10-280001373670exch:XNYS2026-10-282026-10-280001373670exch:XCHI2026-10-282026-10-280001373670us-gaap:SeriesAPreferredStockMember2026-10-282026-10-28
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________
FORM 8-K
___________________
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 28, 2026
Green Brick Partners, Inc.
(Exact name of registrant as specified in its charter)
Delaware 001-33530 20-5952523
(State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification Number)
5501 Headquarters Drive , Ste 300W
Plano , TX 75024 (469) 573-6755
(Address of principal executive offices, including Zip Code) (Registrant’s telephone number, including area code)
(Former name or former address, if changed since last report) Not Applicable
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s) Name of each exchange on which registered
Common Stock, par value $0.01 per share
GRBK
The New York Stock Exchange
NYSE Texas
Depositary Shares (each representing a 1/1000th interest in a share of 5.75% Series A Cumulative Perpetual Preferred Stock, par value $0.01 per share)
GRBK PRA
The New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 2.02 Results of Operations and Financial Condition.
On October 28, 2026, Green Brick Partners, Inc. (the “Company”) issued a press release announcing its financial and operational results for the year and third quarter ended September 30, 2026. A copy of the press release is furnished as Exhibit 99 to this report.
Item 8.01 Other Events.
The Company announced today that on December 15, 2026 holders of record as of December 1, 2026 (the “Record Date”) of its depositary shares (the “Series A Depositary Shares” (NYSE:GRBK.PRA)), each representing a 1/1,000th interest in a share of its 5.75% Series A Cumulative Perpetual Preferred Stock (the “Series A Preferred Stock”) will receive a quarterly dividend in the amount of $359.38 per share of Series A Preferred Stock (equivalent to $0.35938 per Series A Depositary Share), which will cover the period from, and including, September 15, 2026 through, but not including December 15, 2026. The dividend represents dividends at the rate of 5.75% of the $25,000.00 liquidation preference per share (equivalent to $25.00 per depositary share) per year (equivalent to $1,437.50 per share per year or $1.4375 per Series A Depositary Share per year).
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No.
Description of Exhibit
99
Press Release dated October 28, 2026
104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
GREEN BRICK PARTNERS, INC.
By: /s/ Jeffery D. Cox
Name: Jeffery D. Cox
Title: Chief Financial Officer
Date: October 28, 2026
EX-99
EX-99
Filename: a2q32026ex99earningsrelease.htm · Sequence: 2
Document
Exhibit 99
GREEN BRICK PARTNERS, INC. REPORTS THIRD QUARTER 2026 RESULTS
PLANO, Texas, October 28, 2026 — Green Brick Partners, Inc. (NYSE: GRBK) (“Green Brick,” “we,” or the “Company”), today announced results for its third quarter ended September 30, 2026. Net income attributable to Green Brick in the third quarter was $59 million or $1.35 per diluted share, compared to net income attributable to Green Brick in the third quarter of 2025 of $78 million, or $1.77 per diluted share.
2026 THIRD QUARTER HIGHLIGHTS
•Net new home orders of 926, up 3% year over year
•New home deliveries of 978, up 3% year over year
•Homebuilding gross margins of 28.0%
•Backlog of 629 homes with a dollar value of $379 million
•Home closing revenue of $437 million
•Book value of $46.10 per share increased 14% year over year
•Retired $50 million of 4.00% senior notes due August 2026
•Quarter-end liquidity of $325 million, including $100 million of cash
•Homebuilding debt to total capital of 13.1%; net homebuilding debt to total capital of 9.6%
•Cancellation rate of 8.2%
•Repurchased 264,215 shares of common stock for approximately $17.9 million
Jim Brickman, Co-CEO and Co-Founder said, "Our third quarter results demonstrate the resilience of Green Brick's differentiated operating model in a challenging housing environment. Despite continued affordability pressures, broader economic uncertainty and an increasing rate environment, demand across our markets remained resilient as buyers responded to our incentive strategy and attractive product offerings, particularly within Trophy Signature Homes. We continue to respond to deteriorating market conditions to maintain sales pace. Net new home orders of 926 was a 3% increase from the prior year, our sales pace declined slightly to 2.8 sales per community, and our cancellation rate was relatively low at 8.2%. While incentives on the company's growing new orders were elevated at 11% we were still able to maintain industry leading gross margins of 28.0%. We believe these results demonstrate the value of our communities and the ability of our operators to balance price, pace and profitability as market conditions evolve."
Jed Dolson, Co-CEO said, "Our third quarter results reflect disciplined execution, the continued growth of our Trophy Signature Homes brand in our core Texas markets, and the benefits of our long-standing strategy of owning and self-developing land in desirable infill and infill-adjacent submarkets. By securing land positions well in advance of home deliveries, we believe we have largely locked in our lot costs and are less exposed to inflation in finished lot pricing than many builders that rely primarily on third-party developers."
"Our financial services operations also continued to gain scale," added Mr. Dolson. "Financial services operating income for the quarter increased 69% year over year to $5.6 million and approximately $16 million for the first nine months of the year. Green Brick Mortgage continued to increase its capture in our core Texas markets, enhancing the homebuying experience while providing an additional source of earnings growth."
During the quarter, Green Brick retired $50 million of 4.00% senior notes and repurchased approximately $17.9 million of common stock while continuing to invest in our land pipeline. The company ended the quarter with $325 million of liquidity, homebuilding debt to total capital of 13.1% and net homebuilding debt to total capital of 9.6%, compared to 15.3% and 9.5%, respectively, over the prior year. At the same time, our owned lot position increased to 40,869 as of September 30, 2026, up 11.4% year over year and book value per share increased 14% to $46.10.
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Mr. Brickman concluded, “We maintained a balance sheet with investment-grade characteristics, supported by low leverage, substantial liquidity, and significant financial flexibility, enabling Green Brick to remain patient and selective while continuing to invest through the current down-cycle. We believe our combination of resilient demand, differentiated margins, low leverage and a well-located land pipeline positions us to navigate the current environment and capitalize on future growth opportunities while continuing to generate attractive long-term returns for shareholders."
Results for the Quarter Ended September 30, 2026
(Dollars in thousands, except per share data) Three Months Ended September 30,
2026 2025 Change
New homes delivered 978 953 2.6 %
Total homebuilding revenues $ 437,043 $ 484,216 (9.7) %
Homebuilding cost of revenues
314,475 328,754 (4.3) %
Total gross profit $ 122,568 $ 155,462 (21.2) %
Income before income taxes $ 77,975 $ 106,635 (26.9) %
Net income attributable to Green Brick Partners, Inc. $ 59,160 $ 77,853 (24.0) %
Diluted net income attributable to Green Brick Partners, Inc. per common share $ 1.35 $ 1.77 (23.7) %
Residential units revenue $ 437,043 $ 484,216 (9.7) %
Average sales price of homes delivered $ 446.7 $ 508.1 (12.1) %
Homebuilding gross margin percentage 28.0 % 32.1 % -410 bps
Backlog revenue $ 379,345 $ 456,783 (17.0) %
Backlog units 629 675 (6.8) %
Homes under construction 2,181 2,202 (1.0) %
Three Months Ended September 30,
2026 2025 %
Total financial services revenues $ 11,161 $ 7,350 51.9 %
Financial services expenses (5,557) (4,033) 37.8 %
Financial services operating income $ 5,604 $ 3,317 68.9 %
Total originations:
Loans 499 351 42.2%
Principal $ 185,042 $ 136,469 35.6%
Average FICO score 734 740
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Results for the Nine Months Ended September 30, 2026:
(Dollars in thousands, except per share data) Nine Months Ended September 30,
2026 2025 Change
New homes delivered 2,933 2,905 1.0 %
Total homebuilding revenues $ 1,374,626 $ 1,503,232 (8.6) %
Homebuilding cost of revenues
975,067 1,024,471 (4.8) %
Total gross profit $ 399,559 $ 478,761 (16.5) %
Income before income taxes $ 261,715 $ 325,071 (19.5) %
Net income attributable to Green Brick Partners, Inc. $ 194,275 $ 234,860 (17.3) %
Diluted net income attributable to Green Brick Partners, Inc. per common share $ 4.44 $ 5.29 (16.1) %
Residential units revenue $ 1,357,526 $ 1,498,890 (9.4) %
Average sales price of homes delivered $ 462.5 $ 516.0 (10.4) %
Homebuilding gross margin percentage 29.0 % 31.8 % -280 bps
Nine Months Ended September 30,
2026 2025 %
Total financial services revenues $ 33,076 $ 18,532 78.5 %
Financial services expenses (17,512) (10,442) 67.7 %
Financial services operating income $ 15,564 $ 8,090 92.4 %
Total originations:
Loans 1385 602 130.1%
Principal $ 531,928 $ 245,370 116.8%
Average FICO score 737 741
Earnings Conference Call:
We will host our earnings conference call to discuss our third quarter ended September 30, 2026 at 12:00 p.m. Eastern Time on Thursday, October 29, 2026. The call can be accessed by dialing 1-833-461-5787 for domestic participants or 1-585-542-9983 for international participants and should reference meeting number 508 067 954. Participants may also join the call via webcast at: https://events.q4inc.com/attendee/508067954.
A telephone replay of the call will be available through November 30, 2026. To access the telephone replay, the domestic dial-in number is 1-833-309-1852 and the access code is 508 067 954, or by using the link at investors.greenbrickpartners.com.
3
GREEN BRICK PARTNERS, INC.
CONSOLIDATED STATEMENTS OF INCOME
(In thousands, except per share data)
(Unaudited)
Three Months Ended September 30, Nine Months Ended September 30,
2026 2025 2026 2025
Revenues
Residential units revenue $ 437,043 $ 484,216 $ 1,357,526 $ 1,498,890
Land and lots revenue — — 17,100 4,342
437,043 484,216 1,374,626 1,503,232
Financial services revenue
$ 11,161 $ 7,350 $ 33,076 $ 18,532
Total revenues 448,204 491,566 1,407,702 1,521,764
Homebuilding cost of revenues
Cost of residential units 314,475 328,754 964,509 1,022,279
Cost of land and lots — — 10,558 2,192
314,475 328,754 975,067 1,024,471
Financial services expenses (5,557) (4,102) (17,512) (10,580)
Selling, general and administrative expenses (51,761) (55,223) (158,750) (165,227)
Equity in income of unconsolidated entities 367 422 2,098 1,406
Other income, net 1,197 2,726 3,244 2,179
Income before income taxes 77,975 106,635 261,715 325,071
Income tax expense 16,559 23,226 55,683 68,406
Net income 61,416 83,409 206,032 256,665
Less: Net income attributable to noncontrolling interests 2,256 5,556 11,757 21,805
Net income attributable to Green Brick Partners, Inc. $ 59,160 $ 77,853 $ 194,275 $ 234,860
Net income attributable to Green Brick Partners, Inc. per common share:
Basic $ 1.36 $ 1.77 $ 4.46 $ 5.30
Diluted $ 1.35 $ 1.77 $ 4.44 $ 5.29
Weighted average common shares used in the calculation of net income attributable to Green Brick Partners, Inc. per common share:
Basic 42,958 43,541 43,059 43,914
Diluted 43,204 43,632 43,283 44,031
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GREEN BRICK PARTNERS, INC.
CONSOLIDATED BALANCE SHEETS
(In thousands, except share data) (Unaudited)
September 30, 2026 December 31, 2025
ASSETS
Cash and cash equivalents $ 99,970 $ 154,590
Restricted cash 25,615 36,395
Receivables 24,891 39,982
Real estate inventory:
Inventory owned 2,149,081 1,941,524
Consolidated inventory related to VIE 189,403 157,687
Total inventory 2,338,484 2,099,211
Mortgage loans held for sale
33,143 49,099
Investments in unconsolidated entities 86,862 93,050
Right-of-use assets - operating leases 6,396 7,475
Property and equipment, net 6,570 6,316
Earnest money deposits 15,280 13,151
Deferred income tax assets, net 11,243 11,243
Intangible assets, net 133 197
Goodwill 680 680
Other assets 26,680 23,378
Total assets $ 2,675,947 $ 2,534,767
LIABILITIES AND EQUITY
Liabilities:
Accounts payable $ 104,062 $ 94,516
Accrued expenses 105,042 152,637
Customer and builder deposits 27,983 25,716
Lease liabilities - operating leases 7,464 8,637
Borrowings on lines of credit, net 103,071 (2,465)
Warehouse lines of credit
33,355 46,398
Senior unsecured notes, net 187,219 261,972
Notes payable 14,371 14,371
Total liabilities 582,567 601,782
Commitments and contingencies
Redeemable noncontrolling interest in equity of consolidated subsidiary 56,307 52,271
Equity:
Green Brick Partners, Inc. stockholders’ equity
Preferred stock, $0.01 par value: 5,000,000 shares authorized; 2,000 issued and outstanding as of September 30, 2026 and December 31, 2025, respectively
47,603 47,603
Common stock, $0.01 par value: 100,000,000 shares authorized; 42,743,015 issued and outstanding as of September 30, 2026 and 43,205,947 issued and outstanding as of December 31, 2025, respectively
427 432
Additional paid-in capital 242,802 243,816
Retained earnings 1,727,412 1,567,111
Total Green Brick Partners, Inc. stockholders’ equity 2,018,244 1,858,962
Noncontrolling interests 18,829 21,752
Total equity 2,037,073 1,880,714
Total liabilities and equity $ 2,675,947 $ 2,534,767
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GREEN BRICK PARTNERS, INC.
SUPPLEMENTAL INFORMATION
(Unaudited)
Residential Units Revenue and New Homes Delivered (dollars in thousands) Three Months Ended September 30, Nine Months Ended September 30,
2026 2025 Change % 2026 2025 Change %
Home closings revenue $ 436,919 $ 484,184 $ (47,265) (9.8)% $ 1,356,380 $ 1,498,858 $ (142,478) (9.5) %
Mechanic’s lien contracts revenue 124 32 92 287.5% 1,146 32 1,114 3,481.3 %
Residential units revenue $ 437,043 $ 484,216 $ (47,173) (9.7)% $ 1,357,526 $ 1,498,890 $ (141,364) (9.4) %
New homes delivered 978 953 25 2.6% 2,933 2,905 28 1.0 %
Average sales price of homes delivered $ 446.7 $ 508.1 $ (61.4) (12.1)% $ 462.5 $ 516.0 $ (53.5) (10.4) %
Land and Lots Revenue
(dollars in thousands) Three Months Ended September 30, Nine Months Ended September 30,
2026 2025 Change % 2026 2025 Change %
Lots revenue $ — $ — $ — —% $ 7,500 $ 4,342 $ 3,158 72.7 %
Land revenue — — — —% 9,600 — 9,600 100.0%
Land and lots revenue $ — $ — $ — —% $ 17,100 $ 4,342 $ 12,758 293.8 %
Lots closed — — — —% 75 42 33 78.6 %
Average sales price of lots closed $ — $ — $ — —% $ 100.0 $ 103.4 $ (3.4) (3.3) %
New Home Orders and Backlog
(dollars in thousands) Three Months Ended September 30, Nine Months Ended September 30,
2026 2025 Change % 2026 2025 Change %
Net new home orders 926 898 28 3.1% 3,042 2,912 130 4.5 %
Revenue from net new home orders $ 428,877 $ 433,862 $ (4,985) (1.1)% $ 1,391,120 $ 1,513,535 $ (122,415) (8.1) %
Average selling price of net new home orders $ 463.2 $ 483.1 $ (19.9) (4.1)% $ 457.3 $ 519.8 $ (62.5) (12.0) %
Cancellation rate 8.2 % 6.7 % 1.5 % 22.4% 7.9 % 7.5 % 0.4 % 5.3 %
Absorption rate per average active selling community per quarter 8.5 8.7 (0.2) (2.3)% 9.5 9.3 0.2 2.2 %
Average active selling communities 109 103 6 5.8% 107 104 3 2.9 %
Active selling communities at end of period 104 100 4 4.0%
Backlog revenue $ 379,345 $ 456,783 $ (77,438) (17.0)%
Backlog units 629 675 (46) (6.8)%
Average sales price of backlog $ 603.1 $ 676.7 $ (73.6) (10.9)%
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GREEN BRICK PARTNERS, INC.
SUPPLEMENTAL INFORMATION
(Unaudited)
September 30, 2026 December 31, 2025
Central(1)
Southeast(2)
Total
Central(1)
Southeast(2)
Total
Lots owned
Finished lots 4,406 1,166 5,572 4,518 663 5,181
Lots in communities under development 30,508 989 31,497 26,339 1,703 28,042
Land held for future development(3)
3,800 — 3,800 3,800 — 3,800
Total lots owned 38,714 2,155 40,869 34,657 2,366 37,023
Lots under contract
Lots and land under option contracts 5,895 1,658 7,553 8,297 955 9,252
Lots under option through unconsolidated development joint ventures 2,985 28 3,013 2,488 65 2,553
Total lots under contract(4)
8,880 1,686 10,566 10,785 1,020 11,805
Total lots owned and under contract (5)
47,594 3,841 51,435 45,442 3,386 48,828
Percentage of lots owned 81.3 % 56.1 % 79.5 % 76.3 % 69.9 % 75.8 %
(1) The Texas market.
(2) The Atlanta and Florida markets.
(3) Land held for future development consists of raw land parcels where development activities have been postponed due to market conditions or other factors.
(4) As of September 30, 2026 and December 31, 2025, 28.6% and 16.6% of the total lots under contract had refundable deposits.
(5) Total lots excludes lots with homes under construction.
Non-GAAP Financial Measures
In this press release, we utilize certain financial measures that are non-GAAP financial measures as defined by the Securities and Exchange Commission. We present these measures because we believe they and similar measures are useful to management and investors in evaluating our operating performance and financing structure. We also believe these measures facilitate the comparison of our operating performance and financing structure with other companies in our industry. Because these measures are not calculated in accordance with U.S. Generally Accepted Accounting Principles (“GAAP”), they may not be comparable to other similarly titled measures of other companies and should not be considered in isolation or as a substitute for, or superior to, financial measures prepared in accordance with GAAP.
The following table represents the non-GAAP measure of net homebuilding debt to total capitalization. Net homebuilding debt to total capitalization is calculated as the total debt less cash and cash equivalents, divided by the sum of total Green Brick Partners, Inc. stockholders’ equity and total debt less homebuilding cash and cash equivalents. The closest GAAP financial measure to the net debt to total capitalization ratio is the debt to total capitalization ratio. Homebuilding debt to total capitalization ratio is calculated as the sum of borrowings on lines of credit, the senior unsecured notes, and notes payable, net of debt issuance costs (“total debt”), divided by the total capitalization, which equals the sum of Green Brick Partners, Inc. stockholders’ equity and total debt. The following table represents a reconciliation of the net homebuilding debt to total capitalization ratio as of September 30, 2026:
Total capitalization
Homebuilding capitalization(1)
Gross Cash and cash equivalents Net Gross Cash and cash equivalents Net
Total debt, net of debt issuance costs $ 338,016 $ (99,970) $ 238,046 $ 304,661 $ (90,277) $ 214,384
Total Green Brick Partners, Inc. stockholders’ equity 2,018,244 — 2,018,244 2,018,244 — 2,018,244
Total capitalization $ 2,356,260 $ (99,970) $ 2,256,290 $ 2,322,905 $ (90,277) $ 2,232,628
Debt to total capitalization ratio 14.3 % 13.1 %
Net debt to total capitalization ratio 10.6 % 9.6 %
(1) Homebuilding capitalization ratio excludes cash and debt related to our wholly owned mortgage company.
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About Green Brick Partners, Inc.
Green Brick Partners, Inc (NYSE: GRBK), the third largest homebuilder in Dallas-Fort Worth, is a diversified homebuilding and land development company that operates in Texas, Georgia, and Florida. Green Brick owns five subsidiary homebuilders in Texas (CB JENI Homes, Normandy Homes, Southgate Homes, Trophy Signature Homes, and a 90% interest in Centre Living Homes), as well as a 50% interest in a homebuilder in Atlanta, Georgia (The Providence Group) and an 80% interest in a homebuilder in Port St. Lucie, Florida (GHO Homes). Green Brick also retains interests in related financial services platforms, including Green Brick Title, GRBK Mortgage, and Green Brick Insurance. Green Brick is engaged in all aspects of the homebuilding process, including land acquisition and development, entitlements, design, construction, marketing, and sales for its residential neighborhoods and master-planned communities. For more information about Green Brick Partners Inc.’s subsidiary homebuilders, please visit https://greenbrickpartners.com/brands-services/.
Forward-Looking and Cautionary Statements:
This press release and our earnings call contain “forward-looking statements” within the meaning of the Private Securities Litigation Act of 1995. These statements concern expectations, beliefs, projections, plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts and typically include the words “anticipate,” “believe,” “consider,” “estimate,” “expect,” “feel,”, “poised,” “intend,” “plan,” “predict,” “seek,” “strategy,” “target,” “will” or other words of similar meaning. Specifically, these statements reflect our beliefs and expectations regarding (i) the ability of our operators to balance price, pace and profitability as market conditions evolve; (ii) our ability to navigate the current environment and capitalize on future growth opportunities while continuing to generate attractive long-term returns; (iii) our belief regarding our lot costs and our exposure to inflation; (iv) the resiliency of our demand; (v) our strategic advantages, including our unique business model and focus on infill and infill-adjacent locations, and the impact on our future results; (vi) the opportunities created by cyclical downturns; (vii) our ability to minimalize our exposure to cost inflation and fees; (viii) our ability to continue to deliver peer-leading gross margins; (ix) our integrated financial services offerings and its impact on our results; (x) our ability to adjust pricing in order to meet market demand; (xi) our investments in land, lots and development in 2026; (xii) our projections for land development in 2026; (xiii) our competitive advantages; (xiv) our land pipeline and the impact it will have on our future success; (xv) our expectations for Green Brick Mortgage’s capture rate in 2026; (xvi) our land position; (xvii) our lot and land strategy and its impact on our future financial position; (xviii) our expectations for expansion and growth of our Trophy brand and the impact that expansion will have on our future results; (xxix) our ability to opportunistically deploy capital to maximize shareholder returns, and to accelerate growth as the housing market improves; (xx) the desirability of our communities; (xxi) our future financial and operational performance; (xxii) the timing of our expansion of Green Brick Mortgage; and (xxiii) expansion of our financial services through Green Brick Mortgage and Green Brick Insurance. These forward-looking statements reflect our current views about future events and involve estimates and assumptions which may be affected by risks and uncertainties in our business, as well as other external factors, which could cause future results to materially differ from those expressed or implied in any forward-looking statement. These risks include, but are not limited to: (1) general economic conditions, seasonality, cyclicality and competition in the homebuilding industry; (2) changes in macroeconomic conditions, including increasing interest rates and inflation that could adversely impact demand for new homes or the ability of potential buyers to qualify; (3) shortages, delays or increased costs of raw materials and increased demand for materials, or increases in other operating costs, including costs related to labor, real estate taxes and insurance, which in each case exceed our ability to increase prices; (4) significant periods of inflation or deflation; (5) a shortage of labor; (6) an inability to acquire land in our markets at anticipated prices or difficulty in obtaining land-use entitlements; (7) our inability to successfully execute our strategies, including the successful development of our communities within expected time frames and the growth and expansion of our Trophy brand; (8) a failure to recruit, retain or develop highly skilled and competent employees; (9) the geographic concentration of our operations; (10) government regulation risks; (11) adverse changes in the availability or volatility of mortgage financing; (12) severe weather events or natural disasters; (13) difficulty in obtaining sufficient capital to fund our growth; (14) our ability to meet our debt service obligations; (15) a decline in the value of our inventories and resulting write-downs of the carrying value of our real estate assets; (16) our ability to adequately self-insure; and (17) changes in accounting standards that adversely affect our reported earnings or financial condition. Green Brick assumes no obligation to update any forward-looking statements, which speak only as of the date they are made. For a more detailed discussion of these and other risks and uncertainties applicable to Green Brick please see our most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission.
Contact:
Investor Relations
469-573-6755
IR@greenbrickpartners.com
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Document and Entity Information Document And Entity Information
Oct. 28, 2026
Entity Information [Line Items]
Document Period End Date
Oct. 28, 2026
Written Communications
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Pre-commencement Tender Offer
false
Pre-commencement Issuer Tender Offer
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Entity Registrant Name
Green Brick Partners, Inc.
Entity Incorporation, State or Country Code
DE
Entity File Number
001-33530
Entity Tax Identification Number
20-5952523
Entity Address, Address Line One
5501 Headquarters Drive
Entity Address, Address Line Two
Ste 300W
Entity Address, City or Town
Plano
Entity Address, State or Province
TX
Entity Address, Postal Zip Code
75024
City Area Code
(469)
Entity Central Index Key
0001373670
Amendment Flag
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Document Type
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Local Phone Number
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Entity Emerging Growth Company
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NEW YORK STOCK EXCHANGE, INC.
Entity Information [Line Items]
Security Exchange Name
NYSE
NYSE TEXAS, INC.
Entity Information [Line Items]
Security Exchange Name
NYSE
Series A Preferred Stock
Entity Information [Line Items]
Title of 12(b) Security
Depositary Shares (each representing a 1/1000th interest in a share of 5.75% Series A Cumulative Perpetual Preferred Stock, par value $0.01 per share)
Trading Symbol
GRBK PRA
Security Exchange Name
NYSE
Common Stock
Entity Information [Line Items]
Title of 12(b) Security
Common Stock, par value $0.01 per share
Trading Symbol
GRBK
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Area code of city
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For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.
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- Definition
The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.
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Address Line 1 such as Attn, Building Name, Street Name
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Address Line 2 such as Street or Suite number
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Name of the City or Town
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- Definition
Code for the postal or zip code
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Name of the state or province.
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- Definition
A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.
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Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Indicate if registrant meets the emerging growth company criteria.
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- Definition
Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.
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Two-character EDGAR code representing the state or country of incorporation.
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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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The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.
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Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.
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Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Local phone number for entity.
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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.
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Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.
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Title of a 12(b) registered security.
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Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Name of the Exchange on which a security is registered.
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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.
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Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Trading symbol of an instrument as listed on an exchange.
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No definition available.
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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.
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