Green Brick Partners Q2 net income falls 9.5% to $74.2 million on lower revenue
Green Brick Partners reported second-quarter 2026 net income attributable to the company of $74.2 million, or $1.70 per diluted share, down from $81.9 million, or $1.85, a year earlier. Total homebuilding revenues fell 9.9% to $481.6 million and homebuilding gross margin dropped 150 basis points to 29.8%, even though net new home orders rose 19% to 1,079. The company also announced a quarterly preferred dividend on its Series A depositary shares, which shareholders of record on September 1, 2026 will receive on September 15, 2026.
Key points
- Net income attributable to Green Brick of $74.2 million, or $1.70 diluted EPS, versus $81.9 million, or $1.85, in Q2 2025 (down 9.5% and 8.1%)
- Total homebuilding revenues of $481.6 million, down 9.9%; homes delivered of 1,047, up 0.5%
- Net new home orders of 1,079, up 19% year over year; incentives on new orders remained at 9%
- Series A preferred dividend of $0.35938 per depositary share, record date September 1, 2026, payment date September 15, 2026
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 July 29, 2026.
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.