Every material Form 8-K Green Brick Partners filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Green Brick Partners amended its $330 million credit agreement on December 10, 2025, reducing interest rate spreads and extending all commitments to December 14, 2028. On December 11, 2025, its board authorized a new repurchase plan of up to $150.0 million that starts after the existing $100.0 million program is exhausted, with repurchased shares to be retired.
December 10, 2025: Thirteenth Amendment to the Credit Agreement with Flagstar Bank, N.A. as administrative agent; total commitments remain at $330 million
Spreads reduced on the SOFR and base rate; maturity of all commitments extended to December 14, 2028
December 11, 2025: board authorized up to $150.0 million in new share repurchases, with no time deadline, to begin after the prior $100.0 million program is used up
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.
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
Green Brick Partners reported second-quarter 2025 results with total revenues of $549.1 million, down 2.0% from a year earlier, and net income attributable to the company of $81.9 million, down 22.2%. The company also declared a quarterly dividend of $0.35938 per Series A depositary share, payable on September 15, 2025 to holders of record as of September 1, 2025. Lower income and margins affect shareholders' per-share earnings and cash returns.
Diluted EPS was $1.85, versus $2.32 in the second quarter of 2024, down 20.3%.
Homebuilding gross margin was 30.4%, down 410 basis points from 34.5% a year earlier.
Net new home orders rose 6.2% to 908 units; the company repurchased about $44 million of common stock during the quarter.
Series A preferred dividend of $0.35938 per depositary share is payable September 15, 2025 to holders of record on September 1, 2025.
Green Brick Partners reported first quarter 2025 results on April 30, 2025, with total revenues of $497.6 million, up 11.2% from a year earlier, while diluted EPS fell 8.2% to $1.67. The company said the EPS decline was mainly due to a one-time 2024 gain from selling its Challenger Homes interest. The filing also announced a quarterly Series A preferred dividend payable June 13, 2025.
Total revenues were $497.6 million versus $447.3 million, and homebuilding gross margin was 31.2% versus 33.4%.
Diluted EPS was $1.67 versus $1.82; the company says it was $1.61 in Q1 2024 excluding the Challenger Homes impact.
Series A preferred dividend of $0.35938 per depositary share, payable June 13, 2025 to holders of record as of June 1, 2025.
Cash was $103 million at March 31, 2025, and $330 million was available on the revolving credit facility.
Green Brick Partners' Chief Financial Officer and Principal Accounting Officer, Richard A. Costello, who had served since 2014, resigned effective March 17, 2025. The company appointed Jeffery Cox, its Senior Vice President of Finance, as interim CFO and Principal Accounting Officer, effective the same date.
Richard A. Costello resigned as CFO and Principal Accounting Officer effective March 17, 2025, after serving since 2014
Jeffery Cox, 45, named Interim CFO and Principal Accounting Officer effective March 17, 2025
Cox has been Senior Vice President of Finance since June 2023 and previously held finance roles at Richmond American Homes and Lennar
The filing states no related party transactions or family relationships requiring disclosure
Green Brick Partners reported record full-year 2024 total revenues of $2.1 billion, up 18.1%, and diluted EPS of $8.45, up 37.6%. Fourth-quarter total revenues were $567.3 million, up 26.0%, and diluted EPS was $2.31, up 46.2%. On February 17, 2025, the board approved raising the share repurchase authorization to $100 million.
Full-year 2024 total revenues were $2.10 billion, up 18.1% from 2023; diluted EPS was $8.45, up 37.6%.
Fourth-quarter 2024 total revenues were $567.3 million, up 26.0%; diluted EPS was $2.31, up 46.2%.
Full-year homebuilding gross margin was 33.8%, up 290 basis points; debt to total capital was 17.2% at year-end.
On February 17, 2025, the board increased the share repurchase authorization to $100 million.
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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Green Brick Partners filing is on SEC EDGAR ↗. 8-K briefs of other companies →