Green Brick Partners Q3 profit falls 12.6% to $78 million; revenue down 4.7%
Green Brick Partners reported third-quarter 2025 results, with net income attributable to the company of $78 million, or $1.77 per diluted share, down from $89 million, or $1.98, a year earlier. Home closings revenue fell to $499 million from $523 million, and homebuilding gross margin declined to 31.1% from 32.7%, while net new orders rose 2.4% to a record 898 for a third quarter. The company also announced a quarterly dividend of $0.35938 per depositary share on its Series A Preferred Stock, payable December 15, 2025 to holders of record on December 1, 2025.
Key points
- Diluted EPS of $1.77 vs. $1.98 a year earlier (down 10.6%); nine-month diluted EPS of $5.29 vs. $6.12
- Home closings revenue of $499 million vs. $523 million; homebuilding gross margin of 31.1% vs. 32.7%
- Net new home orders of 898, up 2.4%; cancellation rate of 6.7%; incentives rose to 8.9% of new orders
- Series A Preferred dividend of $0.35938 per depositary share, payable December 15, 2025 to holders of record on December 1, 2025
The filing
Written by AI on Nov 8, 2026, 1:49 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 29, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.