The earnings call presented a mix of achievements and challenges. While Green Brick Partners set records in closings and orders and maintained strong financial health, they faced significant declines in net income and EPS, increased reliance on incentives, and challenges due to high interest rates. The performance of the Trophy Signature Homes brand and capital returns to shareholders were notable positives, but the overall picture was mixed due to external economic pressures.

Company Guidance -

Q3 2025

During the Green Brick Partners' Second Quarter 2025 Earnings Call, the company reported several key metrics. Net income attributable to Green Brick was $82 million, translating to $1.85 per diluted share. The company achieved records with 1,042 home closings and 908 net new orders, despite challenges such as high interest rates and declining consumer confidence. Year-over-year, both closings and new orders rose by approximately 6%, although revenue remained flat at $547 million. The gross margin decreased by 410 basis points year-over-year to 30.4% due to increased discounts and incentives, particularly mortgage buydowns. The company's SG&A expenses increased by 40 basis points to 10.9% of residential unit revenue. Green Brick returned $60 million to shareholders through share repurchases, with $40 million left for future buybacks. The company maintained a robust financial position, with a net debt-to-total capital ratio of 9.4% and a debt-to-total capital ratio of 14.4%. The average sales price declined by 5.3% to $525,000, and the average active selling communities numbered around 102. The company continues to focus on strategic growth, particularly through its Trophy Signature Homes brand, which is expanding into the Houston market.

Record-Breaking Closings and Orders

Green Brick Partners achieved record closings by delivering 1,042 homes and net new orders of 908, the highest for any second quarter in company history. Both home closings and net new orders increased approximately 6% year-over-year.

Strong Gross Margins

Despite declining margins, Green Brick's homebuilding gross margins remained the highest in the public homebuilding industry, exceeding 30% for the ninth consecutive quarter.

Capital Return to Shareholders

The company returned $60 million to shareholders in the first half of 2025 through share repurchases, with an additional $40 million remaining under its buyback program.

Expansion of Trophy Signature Homes

The Trophy Signature Homes brand continues to outperform expectations, with expansion in DFW and Austin and plans to enter the Houston market.

Stable Financial Position

Green Brick maintains a robust cash position of $112 million, with no outstanding borrowings on its syndicated line of credit, and a net debt to total capital ratio of 9.4%.

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

Daily Earnings Calendar >

GRBK Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 04, 2025	2025 (Q3)	1.46 / -	1.98	―	―	―
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)
Aug 02, 2023	2023 (Q2)	1.18 / 1.63	2.08	-21.63% (-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
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%
Oct 30, 2024	$76.15	$69.01	-9.38%

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 Nov 04, 2025, After Close (Confirmed).

What is Green Brick Partners (GRBK) earnings time?

Green Brick Partners (GRBK) earnings time is at Nov 04, 2025, 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 (Q3) is 1.46.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing