NYSE$GRBK

Green Brick Partners Inc · Q2 2025 earnings

Q2 2025 earnings · · After market close · Investor relations

Briefing

Green Brick Partners Inc reported Q2 2025 results with flat residential revenue and lower gross margins amid higher incentives.

Total revenue reached $549.1 million for the quarter ended June 30, 2025. Net income attributable to the company was $81.9 million or $1.85 diluted EPS. Home deliveries rose 5.6% to 1,042 while average selling price declined 5.3% to $525,100 due to elevated incentives.

  • Residential units revenue held flat at $547.1 million while new homes delivered increased 5.6% to 1,042.
  • Homebuilding gross margin fell 410 bps to 30.4% primarily from higher incentives and closing costs.
  • Net new home orders rose 6.2% year-over-year with absorption rate improving to 8.9 per community.
  • Backlog units declined 17.9% to 730 and backlog value fell 20.6% to $516.2 million.

Headline financials

Total Revenue

$549M

Previous: $561M-2.0%
EPS (adj)

$1.85

Previous: $2.32-20.3%
Net new home orders

908

No prior period
Backlog value

$516M

No prior period
Absorption rate

8.9

No prior period
Backlog units

730

No prior period
Avg sales price backlog

$707K

No prior period
Lots owned and controlled

40.2K

No prior period
New homes delivered

1.0K

No prior period
Avg sales price delivered

$525K

No prior period
Capital Expenditures

-$1.4M

Previous: -$2.32M+39.8%
Net Income

$81.9M

Previous: $105M-22.2%
Operating Income

$92.5M

Previous: $132M-30.0%
Gross Profit

$168M

Previous: $190M-11.7%
Cash & Equivalents

$112M

No prior period
Total Assets

$2.32B

No prior period

Revenue & EPS history

Green Brick · Revenue · Quarterly

$549M

Q2 2025-2%vs Q2 2024
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Revenue by segment

Green Brick · $549M total across 2 segments · Q2 2025

  • Residential units
    $547M
  • Land and lots
    $2.04M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

+0.7%

Avg return

Earnings day

+2.2%

Avg return

5 days after

+3.9%

Avg return

30 days after

54%

34 / 63 earnings

Positive

+47.8%

Q3 2010

Best reaction

-26.5%

Q1 2011

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q4 2025+4.0%-3.5%-16.8%
Q3 2025+2.8%-1.6%+5.4%
Q1 2025+3.1%+1.9%+0.2%
Q4 2024+5.8%+2.4%-0.2%
Q3 2024-8.6%-7.1%-5.3%
Q2 2024-2.5%-7.4%+5.4%
Q1 2024+1.7%+4.2%+0.9%
Q4 2023-4.3%-9.4%+5.5%
Q3 2023+8.4%+17.3%+24.0%
Q2 2023-9.2%-6.8%-10.8%
Q1 2023+24.6%+36.3%+39.2%
Q4 2022+3.7%+9.7%+13.3%
Q3 2022-11.3%-14.0%+4.0%
Q2 2022+13.7%+8.2%-9.0%
Q1 2022+12.0%+6.7%+20.5%
Q4 2021+3.1%-1.8%-14.8%
Q3 2021-6.5%-2.6%+2.4%
Q2 2021-3.9%-0.9%-1.0%
Q1 2021-11.3%-6.4%-17.0%
Q4 2020+0.3%+8.0%+25.6%
Q3 2020+3.0%+13.7%+29.7%
Q2 2020+6.3%+3.2%+5.2%
Q1 2020+2.1%+3.8%+26.3%
Q4 2019-2.3%-9.6%-39.8%
Q3 2019+4.1%+13.5%+16.6%
Q2 2019+5.5%+4.5%+1.7%
Q1 2019+1.6%+2.6%-2.6%
Q4 2018-3.1%-2.8%+1.4%
Q3 2018-2.0%-7.2%-15.7%
Q2 2018+5.9%+11.2%+7.4%
Q1 2018+2.4%+5.7%+14.4%
Q4 2017-0.9%-3.8%+0.9%
Q3 2017-0.5%+2.8%+1.8%
Q2 2017-6.7%-11.1%-18.2%
Q1 2017+0.5%+6.4%+4.7%
Q4 2016+1.6%+4.9%+9.9%
Q3 2016+4.5%+10.3%+25.2%
Q2 2016+3.9%+3.3%+8.8%
Q1 2016-1.1%
Q4 2015+16.2%
Q3 2015-4.2%
Q2 2015+6.2%
Q1 2015+0.5%
Q4 2014+5.0%
Q3 2014+2.8%
Q2 2014+4.3%
Q1 2014-14.3%
Q4 2013-10.8%
Q3 2013+6.2%
Q2 2013-12.0%
Q1 2013-2.7%
Q4 2012-1.4%
Q3 2012-12.3%
Q2 2012-8.4%
Q1 2012-26.5%
Q1 2011-26.5%
Q4 2011+6.9%
Q3 2011+47.8%
Q3 2010+47.8%
Q2 2011-5.3%
Q4 2010-6.0%
Q2 2010-5.9%
Q1 2010-15.4%

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