Groowe Groowe BETA / Newsroom
⏱ News is delayed by 15 minutes. Sign in for real-time access. Sign in

Form 8-K

sec.gov

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.

1

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

2

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

4

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

5

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)%

6

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.

7

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

8

GRAPHIC

GRAPHIC

Filename: greenbrickpartnerslogocopy.jpg · Sequence: 7

Binary file (308998 bytes)

Download greenbrickpartnerslogocopy.jpg

XML — IDEA: XBRL DOCUMENT

XML

Filename: R1.htm · Sequence: 9

v3.26.3

Document and Entity Information Document And Entity Information

Oct. 28, 2026

Entity Information [Line Items]

Document Period End Date

Oct. 28, 2026

Written Communications

false

Written Communications

false

Pre-commencement Tender Offer

false

Pre-commencement Issuer Tender Offer

false

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

false

Document Type

8-K

Local Phone Number

573-6755

Entity Emerging Growth Company

false

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

X

- Definition

Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.

+ References

No definition available.

+ Details

Name:

dei_AmendmentFlag

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Area code of city

+ References

No definition available.

+ Details

Name:

dei_CityAreaCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

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.

+ References

No definition available.

+ Details

Name:

dei_DocumentPeriodEndDate

Namespace Prefix:

dei_

Data Type:

xbrli:dateItemType

Balance Type:

na

Period Type:

duration

X

- 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'.

+ References

No definition available.

+ Details

Name:

dei_DocumentType

Namespace Prefix:

dei_

Data Type:

dei:submissionTypeItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Address Line 1 such as Attn, Building Name, Street Name

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine1

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Address Line 2 such as Street or Suite number

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine2

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Name of the City or Town

+ References

No definition available.

+ Details

Name:

dei_EntityAddressCityOrTown

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Code for the postal or zip code

+ References

No definition available.

+ Details

Name:

dei_EntityAddressPostalZipCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Name of the state or province.

+ References

No definition available.

+ Details

Name:

dei_EntityAddressStateOrProvince

Namespace Prefix:

dei_

Data Type:

dei:stateOrProvinceItemType

Balance Type:

na

Period Type:

duration

X

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityCentralIndexKey

Namespace Prefix:

dei_

Data Type:

dei:centralIndexKeyItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityEmergingGrowthCompany

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- 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.

+ References

No definition available.

+ Details

Name:

dei_EntityFileNumber

Namespace Prefix:

dei_

Data Type:

dei:fileNumberItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Two-character EDGAR code representing the state or country of incorporation.

+ References

No definition available.

+ Details

Name:

dei_EntityIncorporationStateCountryCode

Namespace Prefix:

dei_

Data Type:

dei:edgarStateCountryItemType

Balance Type:

na

Period Type:

duration

X

- 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

No definition available.

+ Details

Name:

dei_EntityInformationLineItems

Namespace Prefix:

dei_

Data Type:

xbrli:stringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityRegistrantName

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityTaxIdentificationNumber

Namespace Prefix:

dei_

Data Type:

dei:employerIdItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Local phone number for entity.

+ References

No definition available.

+ Details

Name:

dei_LocalPhoneNumber

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

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.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

+ Details

Name:

dei_PreCommencementIssuerTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

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.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

+ Details

Name:

dei_PreCommencementTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

+ Details

Name:

dei_Security12bTitle

Namespace Prefix:

dei_

Data Type:

dei:securityTitleItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

+ Details

Name:

dei_SecurityExchangeName

Namespace Prefix:

dei_

Data Type:

dei:edgarExchangeCodeItemType

Balance Type:

na

Period Type:

duration

X

- Definition

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.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

+ Details

Name:

dei_SolicitingMaterial

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

+ Details

Name:

dei_TradingSymbol

Namespace Prefix:

dei_

Data Type:

dei:tradingSymbolItemType

Balance Type:

na

Period Type:

duration

X

- Definition

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.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

+ Details

Name:

dei_WrittenCommunications

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Details

Name:

dei_EntityListingsExchangeAxis=exch_XNYS

Namespace Prefix:

Data Type:

na

Balance Type:

Period Type:

X

- Details

Name:

dei_EntityListingsExchangeAxis=exch_XCHI

Namespace Prefix:

Data Type:

na

Balance Type:

Period Type:

X

- Details

Name:

us-gaap_StatementClassOfStockAxis=us-gaap_SeriesAPreferredStockMember

Namespace Prefix:

Data Type:

na

Balance Type:

Period Type:

X

- Details

Name:

us-gaap_StatementClassOfStockAxis=us-gaap_CommonStockMember

Namespace Prefix:

Data Type:

na

Balance Type:

Period Type: