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Green Brick Partners, Inc 10-K Filings

GRBK NYSE

Every 10-K that Green Brick Partners, Inc (GRBK) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-K covers the audited annual report, with the full financial statements, so if you follow GRBK and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GRBK filings page.

Rhea-AI Summary

Green Brick Partners, Inc. filed Amendment No. 2 to its annual report to restate consolidated financial statements for the years ended December 31, 2025, 2024 and 2023 after identifying an error in how residential units revenue and closing cost incentives were reported. The change reduces reported residential units revenue and average sales price, lowers homebuilding cost of revenues and increases gross margin for the affected periods.

The company also disclosed a material weakness in internal control over financial reporting, concluding its controls and disclosure procedures were not effective as of December 31, 2025. As of that date, Green Brick had a debt to total capitalization ratio of 14.7%, owned or had under contract 48,828 lots, and employed approximately 620 full-time employees across its high-growth Sunbelt markets.

Rhea-AI Summary

Green Brick Partners, Inc. filed an amendment to its annual report to add detailed Part III information on directors, executive officers, governance and 2025 executive compensation, without changing previously reported financial statements.

The company reports an aggregate market value of voting stock held by non‑affiliates of $1,919,559,894 as of June 30, 2025 and 43,157,292 common shares outstanding as of February 20, 2026. The amendment describes a pay‑for‑performance program where, for 2025, about 81% of the CEO’s target direct compensation and an average of 71% for other named executives was performance‑based, including a new long‑term incentive plan using return on assets and relative total shareholder return over a three‑year period.

For 2025, earnings per share of $7.07 resulted in partial payout on the EPS bonus component, while strong performance versus a 13‑builder peer set led to maximum payouts on relative growth metrics. CEO total compensation for 2025 was $13,400,745, compared with median employee pay of $109,850, yielding a CEO pay ratio of 122 to 1. The filing also details severance and change‑in‑control terms, stock ownership guidelines, clawback provisions and committee oversight of compensation and governance.

Rhea-AI Summary

Green Brick Partners, Inc. files its annual report describing a diversified homebuilding and land development business focused on Dallas-Fort Worth, Austin, Houston, Atlanta and Florida’s Treasure Coast. The company operates seven builder brands and also provides mortgage, title and insurance services.

As of December 31, 2025, Green Brick controlled 48,828 lots owned and under contract, with 75.8% owned, and reported a debt-to-total-capitalization ratio of 14.7% versus a 20% target. Backlog was 520 homes totaling $354,328,000, and the company employed about 620 full-time staff.

The report emphasizes a disciplined land strategy, expansion of its more affordable Trophy Signature Homes brand, and a conservative balance sheet, while outlining extensive risks from housing cyclicality, interest rates, inflation, labor and material shortages, regulation, environmental rules, data security and climate-related severe weather.