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Green Brick Partners, Inc (GRBK) Financials

GRBK
Trailing 12 months to June 30, 2026
Revenue $2.0B -6.2% YoY
Net Income $321.6M -16.6% YoY
EPS (Diluted) $6.64 -15.2% YoY
Free Cash Flow $111.6M -31.4% YoY
Market Cap $2.7B as of Oct 10, 2026
Price / Sales 1.4x on $2.0B revenue, trailing 12 months to June 30, 2026
Price / Earnings 8.4x on $321.6M net income, trailing 12 months to June 30, 2026
Price / Book 1.4x on $2.0B equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 10, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Jul 29, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the GRBK SEC filings page.

Green Brick Partners, Inc (GRBK) reported $2.0B in revenue over the twelve months to Jun 30, 2026, down 6.2% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI GRBK FY2025

The business remained profitable, but FY2025 exposed a margin pullback alongside much stronger cash generation and a steadily less-levered balance sheet.

From FY2024 to FY2025, net profit margin fell from 20.2% to 16.8%, yet operating cash flow rose sharply. That divergence makes cash conversion the key change in the latest year: reported earnings weakened, while the business produced far more cash from operations.

Gross margin compressed from 34.1% in FY2024 to 31.4% in FY2025, indicating the latest top-line pause was not margin-neutral. SG&A still rose to $231M, suggesting operating costs did not flex down with revenue.

Assets expanded to $2.5B while debt-to-equity declined to 0.2x, meaning balance-sheet expansion came with a larger equity base rather than proportional debt growth. FY2025 free cash flow was $208M versus $4.8M of capital expenditures, so reported cash generation was not being consumed by fixed-asset investment.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Financial health score not available

Green Brick Partners, Inc does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Partial
4/8

Green Brick Partners, Inc passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Mixed
0.62x

For every $1 of reported earnings, Green Brick Partners, Inc generates $0.62 in operating cash flow ($213.2M OCF vs $343.5M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Key Financial Metrics

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Earnings & Revenue

Revenue
$493.8M
YoY-8.7%
QoQ+6.1%
5Y CAGR+5.7%
10Y CAGR+17.4%

Green Brick Partners, Inc generated $493.8M in revenue in Q2 2026. This represents a decrease of 8.7% from the same quarter a year earlier. Against the prior quarter it is up 6.1%.

Net Income
$74.2M
YoY-9.5%
QoQ+21.7%
5Y CAGR+7.3%
10Y CAGR+27.1%

Green Brick Partners, Inc reported $74.2M in net income in Q2 2026. This represents a decrease of 9.5% from the same quarter a year earlier. Against the prior quarter it is up 21.7%.

EPS (Diluted)
$1.70
YoY-8.1%
QoQ+22.3%
5Y CAGR+10.8%
10Y CAGR+28.4%

Green Brick Partners, Inc earned $1.70 per diluted share (EPS) in Q2 2026. This represents a decrease of 8.1% from the same quarter a year earlier. Against the prior quarter it is up 22.3%.

EBITDA

Not reported for Q2 2026.

Cash & Balance Sheet

Free Cash Flow
-$9.8M
YoY-113.3%
QoQ-117.8%

Green Brick Partners, Inc recorded an outflow of $9.8M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents a decrease of 113.3% from the same quarter a year earlier. Against the prior quarter it is down 117.8%.

Cash & Debt
$131.6M
YoY+17.1%
QoQ-9.2%
5Y CAGR+31.5%
10Y CAGR+18.5%

Green Brick Partners, Inc held $131.6M in cash as of Q2 2026; long-term debt is not reported for that period.

Shares Outstanding
43M
YoY-1.3%
QoQ-0.3%
5Y CAGR-3.3%
10Y CAGR-1.3%

Green Brick Partners, Inc had 43M shares outstanding in Q2 2026. This represents a decrease of 1.3% from the same quarter a year earlier. Against the prior quarter it is down 0.3%.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Gross Margin
29.4%
YoY-1.5pp
QoQ+1.1pp
5Y change+2.4pp
10Y change+7.1pp

Green Brick Partners, Inc's gross margin was 29.4% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 1.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.1 percentage points.

Net Margin
15.0%
YoY-0.1pp
QoQ+1.9pp
5Y change+1.0pp
10Y change+8.2pp

Green Brick Partners, Inc's net profit margin was 15.0% in Q2 2026, showing the share of revenue converted to profit. This is down 0.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.9 percentage points.

Return on Equity
3.8%
YoY-1.0pp
QoQ+0.6pp
5Y change-3.5pp
10Y change+1.9pp

Green Brick Partners, Inc's ROE was 3.8% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 1.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.6 percentage points.

Operating Margin

Not reported for Q2 2026.

Capital Allocation

Share Buybacks
$9.4M
YoY-78.5%
QoQ+29.1%

Green Brick Partners, Inc spent $9.4M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 78.5% from the same quarter a year earlier. Against the prior quarter it is up 29.1%.

Capital Expenditures
$963K
YoY+40.2%
QoQ-21.5%
5Y CAGR+5.4%
10Y CAGR+19.9%

Green Brick Partners, Inc invested $963K in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 40.2% from the same quarter a year earlier. Against the prior quarter it is down 21.5%.

R&D Spending

Not reported for Q2 2026.

GRBK Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

GRBK quarterly income statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-K/AQ2'2510-QQ1'2510-QQ4'2410-K/AQ3'2410-K/A
Revenue$493.8M-8.7%$465.5M-4.9%$525.6M-5.4%$484.2M-5.9%$540.9M-2.1%$489.3M+11.4%$555.5M+31.6%$514.3M+22.8%
Cost of Revenue$336.3M-8.4%$324.3M-1.3%$359.8M+7.2%$343.6M-2.4%$367.0M-1.1%$328.7M+9.9%$335.8M+19.8%$352.1M+25.8%
Gross Profit$145.3M-13.3%$131.7M-15.5%$162.0M-16.5%$155.5M-9.4%$167.5M-11.7%$155.8M+5.1%$194.0M+37.0%$171.6M+23.4%
SG&A Expenses$54.4M-5.3%$52.6M0.0%$63.2M+4.2%$58.1M+0.7%$57.4M-0.3%$52.6M+3.9%$60.7M+19.1%$57.7M+23.2%
Interest Expense$0N/AN/A$0$0N/AN/A$0
Income Tax$20.7M-9.8%$18.4M-17.1%$26.3M+14.6%$23.2M+0.6%$23.0M-3.9%$22.2M-10.5%$22.9M+6.6%$23.1M+10.0%
Net Income$74.2M-9.5%$60.9M-18.8%$108.7M-22.0%$77.9M-12.6%$81.9M-22.2%$75.1M-9.9%$139.4M+46.6%$89.1M+23.5%
EPS (Basic)$1.71-8.1%$1.40-16.2%$1.79-23.2%$1.77-11.1%$1.86-20.5%$1.67-9.2%$2.33+45.6%$1.99+25.9%
EPS (Diluted)$1.70-8.1%$1.39-16.8%$1.78-23.6%$1.77-10.6%$1.85-20.3%$1.67-8.2%$2.33+46.5%$1.98+26.9%
Diluted Shares (Avg)43M-1.2%43M-2.6%N/A44M-2.0%44M-2.9%45M-2.0%N/A45M-2.8%

Not reported in any period shown, so not listed: R&D Expenses, Operating Income, EBITDA.

GRBK Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

GRBK quarterly balance sheet
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-K/AQ2'2510-QQ1'2510-QQ4'2410-K/AQ3'2410-K/A
Total Assets$2.6B+12.8%$2.5B+11.1%$2.5B+12.7%$2.5B+14.2%$2.3B+12.2%$2.3B+15.0%$2.2B+18.2%$2.2B+16.4%
Cash & Equivalents$131.6M+17.1%$144.9M+40.7%$154.6M+9.2%$142.4M+77.9%$112.5M-15.6%$103.0M-44.6%$141.5M-21.3%$80.1M-64.2%
Short-Term Investments$0$0$0$0$0$0$0$0
Accounts Receivable$28.3M-32.5%$30.8M+144.7%$40.0M+188.5%$40.3M+255.4%$42.0M+185.6%$12.6M+46.0%$13.9M+30.3%$11.3M+13.8%
Long-Term Investments$0$0$0$0$0$0$0$0
Goodwill$680K0.0%$680K0.0%$680K0.0%$680K0.0%$680K0.0%$680K0.0%$680K0.0%$680K0.0%
Total Liabilities$561.8M+8.0%$542.5M+5.3%$601.8M+9.1%$602.4M+3.1%$520.4M-7.4%$515.3M-4.4%$551.8M+0.6%$584.2M+2.5%
Long-Term DebtN/AN/A$323.3M-4.9%N/AN/AN/A$339.9M-3.0%N/A
Total Equity$2.0B+14.5%$1.9B+13.3%$1.9B+14.4%$1.8B+18.6%$1.7B+19.9%$1.7B+22.2%$1.6B+25.0%$1.5B+22.1%
Retained Earnings$1.7B+17.6%$1.6B+15.2%$1.6B+17.6%$1.5B+22.9%$1.4B+23.4%$1.4B+30.3%$1.3B+33.7%$1.2B+30.7%

Not reported in any period shown, so not listed: Current Assets, Inventory, Current Liabilities, Non-Current Liabilities.

GRBK Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

GRBK quarterly cash flow statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-K/AQ2'2510-QQ1'2510-QQ4'2410-K/AQ3'2410-K/A
Operating Cash Flow-$8.8M-111.8%$56.3M-18.2%$80.0M+176.4%-$10.2M-64.4%$74.7M+3355.7%$68.7M+6659.8%$28.9M+249.5%-$6.2M-127.5%
Depreciation & Amortization$1.1M-0.5%$1.1M-23.0%$1.2M-8.2%$1.5M+17.9%$1.1M-13.4%$1.4M+24.8%$1.3M+13.8%$1.2M+45.6%
Stock-Based Compensation$2.1M+50.0%$4.1M-49.9%N/A$1.3M+116.7%$1.4M+75.0%$8.1M+27.8%N/A$600K+100.0%
Capital Expenditures$963K+40.2%$1.2M+72.1%$1.6M+78.3%$1.8M+57.5%$687K-50.3%$713K-24.3%$883K-70.7%$1.2M-40.2%
Free Cash Flow-$9.8M-113.3%$55.0M-19.1%$78.4M+179.5%-$12.0M-63.3%$74.0M+9390.5%$68.0M+90612.0%$28.1M+225.4%-$7.4M-135.7%
Investing Cash Flow-$7.5M+44.9%-$4.7M+60.8%-$10.7M-56.6%-$7.3M+68.9%-$13.6M-329.6%-$12.0M-119.5%-$6.8M-103.0%-$23.5M-984.8%
Financing Cash Flow-$6.3M+87.5%-$65.5M+19.7%-$53.8M-263.4%$47.1M+297.9%-$50.1M+2.3%-$81.6M-59.1%$32.9M+237.2%-$23.8M-340.7%
Dividends Paid$719K0.0%$719K0.0%$719K0.0%$719K0.0%$719K0.0%$719K0.0%$719K0.0%$719K+0.1%
Share Buybacks$9.4M-78.5%$7.3M-56.9%$23.0M+5761.1%$0-100.0%$43.8M+12.8%$16.9M+350.2%$393K-97.8%$5.4M

GRBK Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

GRBK quarterly financial ratios
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-K/AQ2'2510-QQ1'2510-QQ4'2410-K/AQ3'2410-K/A
Gross Margin29.4%-1.5pp28.3%-3.5pp30.8%-4.1pp32.1%-1.3pp31.0%-3.4pp31.8%-1.9pp34.9%+1.4pp33.4%+0.2pp
Net Margin15.0%-0.1pp13.1%-2.3pp20.7%-4.4pp16.1%-1.3pp15.2%-3.9pp15.3%-3.6pp25.1%+2.6pp17.3%+0.1pp
Return on Equity3.8%-1.0pp3.2%-1.3pp5.8%-2.7pp4.3%-1.5pp4.8%-2.6pp4.4%-1.6pp8.6%+1.3pp5.9%+0.1pp
Return on Assets2.8%-0.7pp2.4%-0.9pp4.3%-1.9pp3.1%-1.0pp3.5%-1.6pp3.3%-0.9pp6.2%+1.2pp4.1%+0.2pp
Debt-to-Equity0.280.0x0.280.0x0.170.0x0.33-0.1x0.30-0.1x0.30-0.1x0.21-0.1x0.38-0.1x
Asset Turnover0.190.0x0.180.0x0.210.0x0.200.0x0.230.0x0.220.0x0.250.0x0.240.0x
FCF Margin-2.0%-15.7pp11.8%-2.1pp14.9%+9.9pp-2.5%-1.0pp13.7%+13.5pp13.9%+13.9pp5.1%+10.4pp-1.4%-6.3pp

Not reported in any period shown, so not listed: Operating Margin, Current Ratio.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company Fiscal year Revenue Net income Net margin Market cap Health score
Green Brick Partners, Inc GRBK FY2025 $2.0B $343.5M 16.8% $2.7B —
Tri Pointe Homes, Inc. TPH FY2025 $3.5B $241.1M 7.0% $4.0B 35/100
Dream Finders Homes, Inc. DFH FY2025 $4.3B $217.4M 5.0% $849.2M 21/100
M/I Homes, Inc. MHO FY2025 $4.4B $402.9M 9.1% $3.2B 39/100
KB Home KBH FY2025 $6.2B $428.8M 6.9% $2.6B 22/100
Cavco Industries Inc. CVCO FY2026 $2.2B $191.2M 8.5% $4.1B 71/100

Frequently Asked Questions

What is Green Brick Partners, Inc's annual revenue?

Green Brick Partners, Inc (GRBK) reported $2.0B in total revenue for fiscal year 2025. This represents a -1.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Green Brick Partners, Inc's revenue growing?

Green Brick Partners, Inc (GRBK) revenue declined by 1.0% year-over-year, from $2.1B to $2.0B in fiscal year 2025.

Is Green Brick Partners, Inc profitable?

Yes, Green Brick Partners, Inc (GRBK) reported a net income of $343.5M in fiscal year 2025, with a net profit margin of 16.8%.

Green Brick Partners, Inc (GRBK) reported diluted earnings per share of $7.07 for fiscal year 2025. This represents a -16.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

As of fiscal year 2025, Green Brick Partners, Inc (GRBK) had $154.6M in cash and equivalents against $323.3M in long-term debt.

Green Brick Partners, Inc (GRBK) had a gross margin of 31.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Green Brick Partners, Inc (GRBK) had a net profit margin of 16.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Green Brick Partners, Inc (GRBK) has a return on equity of 18.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Green Brick Partners, Inc (GRBK) generated $208.4M in free cash flow during fiscal year 2025. This represents a 867.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Green Brick Partners, Inc (GRBK) generated $213.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Green Brick Partners, Inc (GRBK) had $2.5B in total assets as of fiscal year 2025, including both current and long-term assets.

Green Brick Partners, Inc (GRBK) invested $4.8M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Yes, Green Brick Partners, Inc (GRBK) spent $83.8M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Green Brick Partners, Inc (GRBK) had 43M shares outstanding as of fiscal year 2025.

Green Brick Partners, Inc (GRBK) had a debt-to-equity ratio of 0.17 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Green Brick Partners, Inc (GRBK) had a return on assets of 13.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Green Brick Partners, Inc (GRBK) trades at 8.4x earnings, its market capitalization divided by net income of $321.6M net income, trailing 12 months to June 30, 2026. The market capitalization is $2.7B as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Green Brick Partners, Inc (GRBK) trades at 1.4x sales, its market capitalization divided by revenue of $2.0B revenue, trailing 12 months to June 30, 2026. The market capitalization is $2.7B as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Green Brick Partners, Inc (GRBK) has a Piotroski F-Score of 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Green Brick Partners, Inc (GRBK) has an earnings quality ratio of 0.62x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

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