The earnings call reflects a balanced outlook with strong operational achievements and strategic expansions, but it also highlights significant revenue and income declines, along with increased incentives. The sentiment is mixed with positive resilience and growth plans countered by financial pressures.

Company Guidance

During the Green Brick Partners' third-quarter 2025 earnings call, the company reported a strong performance with 898 net orders, a 2.4% year-over-year increase, setting a new third-quarter record. They closed 953 homes, slightly below the previous year's record, resulting in a net income of $78 million or $1.77 per diluted share. Homebuilding gross margins decreased by 160 basis points year-over-year to 31.1%, despite a $4.8 million warranty adjustment that improved margins by 90 basis points. Discounts and incentives rose to 8.1% of residential unit revenue, up from 5% the previous year. The average sales price was $524,000, marking a 4.2% decline year-over-year. Year-to-date, the company generated $1.54 billion in home closings revenue, a 2% increase from 2024, with net income down 15% to $235 million and earnings per share declining 13.6% to $5.29. The company highlighted its strategic land position, strong balance sheet, and expansion plans, especially for the Trophy brand in Texas, as key drivers for future growth.

Record Net Orders in Third Quarter

Green Brick Partners achieved 898 net orders, a 2.4% increase year-over-year, setting a record for any third quarter.

Resilient Gross Margins

Gross margins remained the highest in the public homebuilding industry at 31.1%, despite a 160 basis point year-over-year decline.

Expansion into New Markets

Green Brick Partners is expanding its Trophy brand into Houston by the 2026 spring selling season, aiming for significant growth in key Texas markets.

Operational Efficiency Improvements

Construction cycle times reduced by 9 days, and the cost for labor and materials decreased by approximately $2,250 per home compared to last year.

Strong Financial Position

Robust cash position of $142 million and total liquidity of $457 million, with low financial leverage indicated by a net debt to total capital ratio of 9.8%.

Green Brick Partners (GRBK) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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GRBK Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Mar 04, 2026	2025 (Q4)	1.52 / -	2.31	―	―	―
Oct 29, 2025	2025 (Q3)	1.47 / 1.77	1.98	-10.61% (-0.21)
Jul 30, 2025	2025 (Q2)	1.93 / 1.85	2.32	-20.26% (-0.47)
Apr 30, 2025	2025 (Q1)	1.76 / 1.67	1.82	-8.24% (-0.15)
Feb 26, 2025	2024 (Q4)	2.02 / 2.31	1.58	46.20% (+0.73)
Oct 30, 2024	2024 (Q3)	2.07 / 1.98	1.56	26.92% (+0.42)
Jul 31, 2024	2024 (Q2)	1.77 / 2.32	1.63	42.33% (+0.69)
May 01, 2024	2024 (Q1)	1.51 / 1.82	1.37	32.85% (+0.45)
Feb 29, 2024	2023 (Q4)	1.77 / 1.58	1.18	33.90% (+0.40)
Oct 31, 2023	2023 (Q3)	1.45 / 1.56	1.57	-0.64% (-0.01)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

GRBK Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Oct 29, 2025	$64.43	$66.07	+2.55%
Jul 30, 2025	$63.76	$61.94	-2.85%
Apr 30, 2025	$58.99	$58.32	-1.14%
Feb 26, 2025	$57.84	$61.20	+5.81%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Green Brick Partners (GRBK) report earnings?

Green Brick Partners (GRBK) is schdueled to report earning on Mar 04, 2026, After Close (Confirmed).

What is Green Brick Partners (GRBK) earnings time?

Green Brick Partners (GRBK) earnings time is at Mar 04, 2026, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is GRBK EPS forecast?

GRBK EPS forecast for the fiscal quarter 2025 (Q4) is 1.52.

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