tiprankstipranks
Trending News
More News >
Green Brick Partners Inc (GRBK)
NYSE:GRBK
US Market

Green Brick Partners (GRBK) Earnings Dates, Call Summary & Reports

Compare
507 Followers

Earnings Data

Report Date
May 06, 2026
After Close (Confirmed)
Period Ending
2026 (Q1)
Consensus EPS Forecast
1.28
Last Year’s EPS
1.67
Same Quarter Last Year
Based on 1 Analysts Ratings

Earnings Call Summary

Q4 2025
Earnings Call Date:Feb 25, 2026|
% Change Since:
|
Earnings Call Sentiment|Neutral
The call presented a balanced picture: operational and strategic strengths (record deliveries/orders, strong liquidity, buybacks, mortgage platform growth, faster cycle times, and a deep lot position) offset notable near-term profitability pressures (significant margin compression, higher incentives, lower backlog value, and declines in net income/EPS). Management emphasized flexibility, an investment-grade balance sheet, and the ability to compete on specs due to higher margins, but acknowledged the current affordability and demand headwinds.
Company Guidance
Management's guidance for 2026 emphasized that the financial services platform should generate more pretax income than the interest cost on all company debt, with Green Brick Mortgage rolling out to all DFW communities by end‑Q1 2026, launching in Houston in the spring selling season and in Atlanta mid‑year and targeting a captive capture rate of 75–85% by year‑end; the company will begin segment reporting later this year (moving selling/closing costs to contra‑revenue), continue reducing construction cycle times (down 20 days to 130 days Y/Y, Trophy under 90 days), align starts to sales pace (units under construction ~2,048; Q4 starts 884, down 14% Y/Y), and—while not giving a specific 2026 land spend—said land investment this year is expected to be higher than 2025 (2025: $267M land acquisition, $323M land development) as it selectively grows community count; management also stressed maintaining an investment‑grade balance sheet and liquidity (cash $155M, total liquidity $520M, $365M undrawn on homebuilding facilities), low leverage (net debt/total capital 8.2%, debt/total capital 14.7%; homebuilding debt/total capital 12.8%, net homebuilding debt/total capital 6.3%), and opportunistic capital returns (board authorized $150M buyback; Q4 repurchases ~$23M, FY 2025 repurchases ~$83M), all while monitoring incentives (discounts on closings 9.2% vs 5.2% a year ago; incentives on new orders 10.2%) and backlog/backlog ASP dynamics (backlog value $354M, down 28.5% Y/Y; backlog ASP $681K, down 8.2%).
Record Quarterly and Annual Deliveries
Delivered 1,038 homes in Q4, a 1.9% increase year-over-year and the highest fourth-quarter deliveries in company history; full-year deliveries were 3,943 homes, up 4.2% year-over-year and a company record for a full year.
Record Net Orders and Solid Sales Pace
Recorded 883 net orders in Q4 (a record for any fourth quarter) and full-year net new home orders of 3,795, up 3.1% year-over-year; Q4 sales pace improved slightly to 2.9 homes/month from 2.8 a year earlier.
Strong Balance Sheet and Liquidity
Maintained $155 million cash and $520 million total liquidity with $365 million undrawn on homebuilding credit facilities; net debt to total capital of 8.2% and debt to total capital of 14.7%, noted as among the best in small/mid-cap public homebuilder peers.
Active Share Repurchase Program
Repurchased 359,000 shares for ~$23 million in Q4 and 1.4 million shares for ~$83 million in 2025; Board authorized up to $150 million additional repurchase capacity.
High Relative Gross Margins
Homebuilding gross margin was 29.4% in Q4 (despite declines) and 30.5% for the full year — management noted these remain the highest among public homebuilders, supporting pricing flexibility.
Mortgage Platform Expansion and Financial Contribution
Green Brick Mortgage closed and funded over 380 loans in Q4 with average FICO of 746 and DTI of 40%; management expects the financial services platform in 2026 to generate more pretax income than the interest cost on all company debt and projects captive mortgage capture of 75–85% by year-end as rollout continues.
Improved Operational Efficiency
Reduced construction cycle times by 20 days year-over-year to 130 days overall, with Trophy averaging under 90 days in DFW — supporting faster turn and responsiveness to demand.
Healthy Land/Lot Position
Lots owned and under contract increased ~10% year-over-year to ~48,800 (37,000 owned, ~11,800 under contract); excluding ~25,000 MPC lots, lot supply is ~6 years, supporting medium-term growth optionality.

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

GRBK Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
May 06, 2026
2026 (Q1)
1.27 / -
1.67
Feb 25, 2026
2025 (Q4)
1.63 / 1.78
2.31-22.94% (-0.53)
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
1.5846.20% (+0.73)
Oct 30, 2024
2024 (Q3)
2.07 / 1.98
1.5626.92% (+0.42)
Jul 31, 2024
2024 (Q2)
1.77 / 2.32
1.6342.33% (+0.69)
May 01, 2024
2024 (Q1)
1.51 / 1.82
1.3732.85% (+0.45)
Feb 29, 2024
2023 (Q4)
1.77 / 1.58
1.1833.90% (+0.40)
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
Feb 25, 2026
$74.42$77.69+4.39%
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%
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 Inc (GRBK) report earnings?
Green Brick Partners Inc (GRBK) is schdueled to report earning on May 06, 2026, After Close (Confirmed).
    What is Green Brick Partners Inc (GRBK) earnings time?
    Green Brick Partners Inc (GRBK) earnings time is at May 06, 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 2026 (Q1) is 1.28.