Green Brick Partners Inc (GRBK)

NYSE:GRBK

GRBK

Green Brick Partners

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

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Earnings Data

Report Date

Aug 05, 2026

After Close (Confirmed)

Period Ending

2026 (Q2)

Consensus EPS Forecast

1.46

Last Year’s EPS

1.85

Same Quarter Last Year

Analyst Consensus

Hold

Based on 1 Analysts Ratings

Earnings Call Summary

Q1 2026

Earnings Call Date:Apr 29, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The quarter shows a resilient operating performance supported by an unusually strong balance sheet, industry‑leading gross margins (even after contraction), rapid mortgage segment growth, accelerated starts and improved construction efficiency. Those strengths are tempered by notable near‑term demand and pricing pressure—declines in revenue, backlog (‑35% YoY), ASPs, increased incentives and a required restatement for prior years. On balance, the company appears well positioned to manage volatility and pursue growth, but investors should monitor incentive levels, backlog trends, and rate/macro risks.

Company Guidance

On the call management guided that for 2026 they plan roughly $400 million of land and lot acquisitions and about $420 million of land development outflows (excluding reimbursements), expect community count to increase in H2, aim to keep completed spec supply near ~1.5 months, and target a Green Brick Mortgage capture rate of 70–80% by year‑end as the mortgage rolls out to Atlanta; they also reaffirmed a strong liquidity and capital posture with $145 million cash, $475 million total liquidity, no borrowings on a $330 million unsecured revolver, recent Q1 repurchases of 114,000 shares for ~$7 million and $160 million remaining authorization. Operational and financial benchmarks reported on the call include Q1 deliveries of 908 homes, 1,037 net new orders, 979 starts (+13% YoY), 2,119 units under construction, 419 completed specs (4.1 per community), a backlog of 649 units / $381 million backlog revenue (‑35% YoY) with backlog ASP $587k (‑13%), home closings revenue of $448 million and ASP $493k (‑6.9% YoY), homebuilding gross margin 28.9% (‑320 bps YoY), pretax margins near ~17%, incentives/discounts at ~10.1% of closings (9.9% on net new orders), SG&A 11.7% of residential unit revenue, cancellation rate 7.7%, construction cycle time <130 days (down 25 days) and Trophy cycle <90 days.

Strong profitability and industry-leading gross margins

Reported net income of $61.0M (EPS $1.39) on total revenues of $465M; homebuilding gross margin remained high at 28.9% (company calls it industry-leading) and the business generated $56M of operating cash flow in the quarter.

Robust balance sheet and liquidity position

Homebuilding debt to total capital at 11.5% and net homebuilding debt to total capital at 5.5% (among the lowest peers); $145M cash on hand and $475M total available liquidity; no outstanding borrowings on the $330M unsecured revolver at quarter-end.

Rapid expansion of mortgage/financial services segment

Green Brick Mortgage revenue rose from $1.3M to $5.6M year‑over‑year; number of funded loans increased nearly 250%; pretax income for financial services rose 139% YoY to $4.3M; closed and funded over 300 loans in Q1 with average FICO ~742 and DTI just under 40%.

Higher starts and improved construction efficiency

Started 979 new homes (+13% YoY, +11% sequentially); units under construction up sequentially to 2,119 (down 7.7% YoY); construction cycle time reduced by 25 days YoY to under 130 days (Trophy DFW average under 90 days).

Large, controlled land inventory and disciplined land strategy

Approximately 49,000 lots owned and under contract with ~77% of lots owned; ~38,000 lots owned and ~11,000 under option; lot supply roughly six years (excl. 25,000 long‑term master plan lots); Q1 land/lot acquisitions ~$89M and land development ~$78M.

Capital return and shareholder-friendly actions

Repurchased ~114,000 shares for ~$7M in Q1 and $160M of buyback authorization remains; returned $74M to shareholders over the last twelve months via repurchases.

Operational resilience and low cancellations

Orders increased sequentially each month of the quarter and the cancellation rate remained low at 7.7% (one of the lowest in the public homebuilding industry), indicating relatively strong buyer creditworthiness and product demand—particularly among first‑time buyers and Trophy buyers.

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
Aug 05, 2026	2026 (Q2)	1.46 / -	1.85	―	―	―
Apr 29, 2026	2026 (Q1)	1.18 / 1.39	1.67	-16.77% (-0.28)
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	1.58	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)

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
Apr 29, 2026	$67.34	$67.44	+0.15%
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%

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 Aug 05, 2026, After Close (Confirmed).

What is Green Brick Partners Inc (GRBK) earnings time?

Green Brick Partners Inc (GRBK) earnings time is at Aug 05, 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 (Q2) is 1.46.