Sign In
Buy GRBK
Green Brick Partners Earnings Calls
| Release date | Oct 29, 2025 |
| EPS estimate | $1.43 |
| EPS actual | $1.77 |
| EPS Surprise | 23.78% |
| Revenue estimate | 439.773M |
| Revenue actual | 499.091M |
| Revenue Surprise | 13.49% |
| Release date | Jul 30, 2025 |
| EPS estimate | $1.64 |
| EPS actual | $1.85 |
| EPS Surprise | 12.80% |
| Revenue estimate | 423.677M |
| Revenue actual | 549.147M |
| Revenue Surprise | 29.61% |
| Release date | Apr 30, 2025 |
| EPS estimate | $1.76 |
| EPS actual | $1.67 |
| EPS Surprise | -5.11% |
| Revenue estimate | 491.54M |
| Revenue actual | 497.621M |
| Revenue Surprise | 1.24% |
| Release date | Feb 26, 2025 |
| EPS estimate | $2.06 |
| EPS actual | $2.31 |
| EPS Surprise | 12.14% |
| Revenue estimate | 557.419M |
| Revenue actual | 567.314M |
| Revenue Surprise | 1.78% |
Last 4 Quarters for Green Brick Partners
Below you can see how GRBK performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
| Release date | Feb 26, 2025 |
| Price on release | $57.84 |
| EPS estimate | $2.06 |
| EPS actual | $2.31 |
| EPS surprise | 12.14% |
| Date | Price |
|---|---|
| Feb 20, 2025 | $59.42 |
| Feb 21, 2025 | $57.76 |
| Feb 24, 2025 | $56.61 |
| Feb 25, 2025 | $59.85 |
| Feb 26, 2025 | $57.84 |
| Feb 27, 2025 | $61.20 |
| Feb 28, 2025 | $59.73 |
| Mar 03, 2025 | $58.61 |
| Mar 04, 2025 | $59.23 |
| 4 days before | -2.66% |
| 4 days after | 2.40% |
| On release day | 5.81% |
| Change in period | -0.320% |
| Release date | Apr 30, 2025 |
| Price on release | $58.99 |
| EPS estimate | $1.76 |
| EPS actual | $1.67 |
| EPS surprise | -5.11% |
| Date | Price |
|---|---|
| Apr 24, 2025 | $57.97 |
| Apr 25, 2025 | $57.54 |
| Apr 28, 2025 | $57.99 |
| Apr 29, 2025 | $58.22 |
| Apr 30, 2025 | $58.99 |
| May 01, 2025 | $58.32 |
| May 02, 2025 | $60.21 |
| May 05, 2025 | $59.54 |
| May 06, 2025 | $58.87 |
| 4 days before | 1.76% |
| 4 days after | -0.203% |
| On release day | -1.14% |
| Change in period | 1.55% |
| Release date | Jul 30, 2025 |
| Price on release | $63.76 |
| EPS estimate | $1.64 |
| EPS actual | $1.85 |
| EPS surprise | 12.80% |
| Date | Price |
|---|---|
| Jul 24, 2025 | $65.47 |
| Jul 25, 2025 | $66.15 |
| Jul 28, 2025 | $66.80 |
| Jul 29, 2025 | $65.82 |
| Jul 30, 2025 | $63.76 |
| Jul 31, 2025 | $61.94 |
| Aug 01, 2025 | $63.74 |
| Aug 04, 2025 | $64.45 |
| Aug 05, 2025 | $65.72 |
| 4 days before | -2.61% |
| 4 days after | 3.07% |
| On release day | -2.85% |
| Change in period | 0.382% |
| Release date | Oct 29, 2025 |
| Price on release | $64.43 |
| EPS estimate | $1.43 |
| EPS actual | $1.77 |
| EPS surprise | 23.78% |
| Date | Price |
|---|---|
| Oct 23, 2025 | $68.45 |
| Oct 24, 2025 | $68.04 |
| Oct 27, 2025 | $67.68 |
| Oct 28, 2025 | $66.83 |
| Oct 29, 2025 | $64.43 |
| Oct 30, 2025 | $66.07 |
| Oct 31, 2025 | $64.74 |
| Nov 03, 2025 | $62.61 |
| Nov 04, 2025 | $63.39 |
| 4 days before | -5.87% |
| 4 days after | -1.61% |
| On release day | 2.55% |
| Change in period | -7.39% |
Green Brick Partners Earnings Call Transcript Summary of Q3 2025
Key points for investors: Green Brick reported a resilient Q3 2025 despite affordability headwinds: 898 net orders (up 2.4% YoY, a record for any third quarter) and 953 home closings. Q3 net income attributable to Green Brick was $78.0M, or $1.77 diluted EPS. Homebuilding gross margin was 31.1% (down 160 bps YoY and 70 bps sequentially); a $4.8M warranty reserve reduction improved margins by ~90 bps for the quarter. Incentives increased (to ~8.1% of unit revenue; net-new-order incentives ~8.9%) driven largely by rate buydowns, though incentives moderated as mortgage rates fell during the quarter. Average sales price was $524k (down ~4.2% YoY); backlog value declined to $466M (down ~20% YoY) driven by a higher mix of quick-move-in sales and lower ASP in backlog. Operational progress: construction costs per home fell roughly $2,250 vs. prior year and cycle times improved by 9 days (Trophy DFW cycle under 100 days). Balance sheet and liquidity remain strong: cash $142M, total liquidity $457M, net debt to total capital ~9.8% (homebuilding net debt to capital ex-mortgage ~9.5%). Land position: ~41,200 lots owned/controlled (up 11% YoY), with Trophy comprising ~70% of lots and ~5 years supply excluding large master-planned lots. Strategic growth: expanding Trophy into Houston (opening for spring 2026 selling season) and scaling the wholly owned Green Brick Mortgage (350+ loans closed in Q3, planned expansion to Austin, Atlanta, Houston). Management emphasizes discipline on land deployment, maintaining industry-leading margins, and measured capital allocation amid market uncertainty.
