Green Brick Partners, Inc. (GRBK) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 465.49M | 494.13M | 499.09M | 549.15M | 497.62M | 567.31M | 523.66M | 560.63M | 447.34M | 450.38M | 418.98M | 456.29M | 452.06M | 431.09M | 407.94M | 525.14M | 393.62M | 452.25M | 342.34M | 373.81M |
| Revenue Growth % | -6.46% | -12.9% | -4.69% | -2.05% | 11.24% | 25.96% | 24.99% | 22.87% | -1.04% | 4.48% | 2.7% | -13.11% | 14.85% | -4.68% | 19.16% | 40.49% | 67.87% | 77.98% | 24.12% | 60.55% |
| Cost of Goods Sold | 330.53M | 333.24M | 343.63M | 381.63M | 341.84M | 373.28M | 352.1M | 372.21M | 299.08M | 309.86M | 279.96M | 313.35M | 327.45M | 318.63M | 274.63M | 356.25M | 285.26M | 341.49M | 251M | 272.83M |
| COGS % of Revenue | 71.01% | 67.44% | 68.85% | 69.5% | 68.69% | 65.8% | 67.24% | 66.39% | 66.86% | 68.8% | 66.82% | 68.67% | 72.44% | 73.91% | 67.32% | 67.84% | 72.47% | 75.51% | 73.32% | 72.99% |
| Gross Profit | 134.95M | 160.89M | 155.46M | 167.51M | 155.78M | 194.03M | 171.56M | 188.42M | 148.26M | 140.53M | 139.01M | 142.94M | 123.85M | 112.45M | 133.32M | 168.9M | 108.36M | 110.76M | 91.34M | 100.98M |
| Gross Margin % | 28.99% | 32.56% | 31.15% | 30.5% | 31.31% | 34.2% | 32.76% | 33.61% | 33.14% | 31.2% | 33.18% | 31.33% | 27.4% | 26.09% | 32.68% | 32.16% | 27.53% | 24.49% | 26.68% | 27.01% |
| Gross Profit Growth % | -13.37% | -17.08% | -9.38% | -11.09% | 5.08% | 38.08% | 23.42% | 31.82% | 19.71% | 24.96% | 4.27% | -15.37% | 14.3% | 1.53% | 45.97% | 67.26% | 83.69% | 73.46% | 34.54% | 90.58% |
| Operating Expenses | 51.51M | 57.4M | 58.14M | 59.77M | 54.9M | 60.65M | 57.74M | 56.35M | 50.57M | 49.82M | 46.88M | 49.23M | 45.19M | 42.33M | 43.25M | 41.8M | 34.27M | 34.39M | 33.71M | 33.98M |
| OpEx % of Revenue | 11.07% | 11.62% | 11.65% | 10.88% | 11.03% | 10.69% | 11.03% | 10.05% | 11.3% | 11.06% | 11.19% | 10.79% | 10% | 9.82% | 10.6% | 7.96% | 8.71% | 7.6% | 9.85% | 9.09% |
| Selling, General & Admin | 51.51M | 57.4M | 57.72M | 59.53M | 54.75M | 60.88M | 57.66M | 56.35M | 50.51M | 49.82M | 46.78M | 49.14M | 45.19M | 42.33M | 43.25M | 41.8M | 34.27M | 34.39M | 33.71M | 33.98M |
| SG&A % of Revenue | 11.07% | 11.62% | 11.56% | 10.84% | 11% | 10.73% | 11.01% | 10.05% | 11.29% | 11.06% | 11.16% | 10.77% | 10% | 9.82% | 10.6% | 7.96% | 8.71% | 7.6% | 9.85% | 9.09% |
| Research & Development | 0 | 0 | 421K | 238K | 147K | 0 | 81K | 78K | 65K | 196K | 106K | 90K | 109K | 0 | 163K | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | 0.08% | 0.04% | 0.03% | - | 0.02% | 0.01% | 0.01% | 0.04% | 0.03% | 0.02% | 0.02% | - | 0.04% | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 83.44M | 103.49M | 97.32M | 107.74M | 100.89M | 133.38M | 113.82M | 132.06M | 97.69M | 90.71M | 92.13M | 93.71M | 78.66M | 70.13M | 90.07M | 127.1M | 74.09M | 76.37M | 57.63M | 66.99M |
| Operating Margin % | 17.93% | 20.94% | 19.5% | 19.62% | 20.27% | 23.51% | 21.74% | 23.56% | 21.84% | 20.14% | 21.99% | 20.54% | 17.4% | 16.27% | 22.08% | 24.2% | 18.82% | 16.89% | 16.83% | 17.92% |
| Operating Income Growth % | -17.29% | -22.41% | -14.5% | -18.42% | 3.28% | 47.04% | 23.55% | 40.93% | 24.19% | 29.35% | 2.29% | -26.27% | 6.17% | -8.18% | 56.29% | 89.72% | 151.15% | 128.4% | 48.87% | 137.36% |
| EBITDA | 84.53M | 104.64M | 98.79M | 108.82M | 102.3M | 134.64M | 115.07M | 133.31M | 98.81M | 91.81M | 92.99M | 94.54M | 79.42M | 70.78M | 90.66M | 127.6M | 74.72M | 77.04M | 58.31M | 67.54M |
| EBITDA Margin % | 18.16% | 21.18% | 19.79% | 19.82% | 20.56% | 23.73% | 21.97% | 23.78% | 22.09% | 20.39% | 22.19% | 20.72% | 17.57% | 16.42% | 22.22% | 24.3% | 18.98% | 17.03% | 17.03% | 18.07% |
| EBITDA Growth % | -17.37% | -22.28% | -14.15% | -18.37% | 3.52% | 46.64% | 23.75% | 41.02% | 24.43% | 29.72% | 2.57% | -25.91% | 6.29% | -8.13% | 55.48% | 88.91% | 146.25% | 122.38% | 47.13% | 131.83% |
| D&A (Non-Cash Add-back) | 1.08M | 1.15M | 1.47M | 1.08M | 1.41M | 1.25M | 1.25M | 1.25M | 1.13M | 1.1M | 858K | 830K | 754K | 650K | 592K | 500K | 625K | 669K | 681K | 553K |
| EBIT | 84.26M | 113.11M | 106.64M | 112.29M | 106.15M | 138.09M | 118.98M | 139.18M | 115.63M | 101.84M | 98.09M | 104.21M | 87.17M | 67.83M | 97.6M | 138.28M | 82.63M | 73.67M | 65.16M | 73.98M |
| Net Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -83.38M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 83.38M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 821K | 9.62M | 9.31M | 4.55M | 5.26M | 4.71M | 5.15M | 7.11M | 17.95M | 11.13M | 5.96M | 10.51M | 8.51M | 7.83M | 7.53M | 11.18M | 8.54M | 6.22M | 7.53M | 6.99M |
| Pretax Income | 84.26M | 113.11M | 106.64M | 112.29M | 106.15M | 138.09M | 118.98M | 139.18M | 115.63M | 101.84M | 98.09M | 104.21M | 87.17M | 77.95M | 97.6M | 138.28M | 82.63M | 82.59M | 65.16M | 73.98M |
| Pretax Margin % | 18.1% | 22.89% | 21.37% | 20.45% | 21.33% | 24.34% | 22.72% | 24.83% | 25.85% | 22.61% | 23.41% | 22.84% | 19.28% | 18.08% | 23.92% | 26.33% | 20.99% | 18.26% | 19.03% | 19.79% |
| Income Tax | 18.43M | 26.26M | 23.23M | 22.96M | 22.22M | 22.91M | 23.08M | 23.9M | 24.84M | 21.48M | 20.98M | 23.15M | 19.03M | 16.79M | 16.96M | 30.28M | 18.44M | 15.51M | 13.9M | 15.69M |
| Effective Tax Rate % | 21.87% | 23.22% | 21.78% | 20.44% | 20.94% | 16.59% | 19.4% | 17.17% | 21.48% | 21.1% | 21.38% | 22.21% | 21.83% | 21.54% | 17.38% | 21.9% | 22.31% | 18.78% | 21.33% | 21.21% |
| Net Income | 60.95M | 78.36M | 77.85M | 81.95M | 75.06M | 103.81M | 89.11M | 105.36M | 83.3M | 73.02M | 72.16M | 75.27M | 64.18M | 55.55M | 73.52M | 101.26M | 61.58M | 63.47M | 48.51M | 52.26M |
| Net Margin % | 13.09% | 15.86% | 15.6% | 14.92% | 15.08% | 18.3% | 17.02% | 18.79% | 18.62% | 16.21% | 17.22% | 16.5% | 14.2% | 12.89% | 18.02% | 19.28% | 15.64% | 14.03% | 14.17% | 13.98% |
| Net Income Growth % | -18.8% | -24.51% | -12.63% | -22.22% | -9.89% | 42.17% | 23.5% | 39.97% | 29.79% | 31.46% | -1.86% | -25.66% | 4.23% | -12.48% | 51.57% | 93.74% | 137.12% | 116.55% | 39.31% | 55.33% |
| Net Income (Continuing) | 65.84M | 86.85M | 83.41M | 89.33M | 83.92M | 115.19M | 95.9M | 115.28M | 90.79M | 80.36M | 77.11M | 81.06M | 68.14M | 61.16M | 80.63M | 108M | 64.2M | 67.08M | 51.26M | 58.28M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 67.46M | 74.02M | 74.77M | 69.53M | 67.1M | 72.75M | 67.15M | 24.52M | 16.36M | 53.44M | 16.43M | 49.14M | 42.74M | 50.15M | 47.22M | 38.1M | 32.36M | 36.01M | 16.43M | 14.3M |
| EPS (Diluted) | 1.40 | 1.78 | 1.77 | 1.85 | 1.67 | 2.31 | 1.98 | 2.32 | 1.82 | 1.58 | 1.56 | 1.63 | 1.37 | 1.18 | 1.58 | 2.09 | 1.21 | 1.24 | 0.95 | 1.02 |
| EPS Growth % | -16.17% | -22.94% | -10.61% | -20.26% | -8.24% | 46.2% | 26.92% | 42.33% | 32.85% | 33.9% | -1.27% | -22.01% | 13.22% | -4.84% | 66.32% | 104.9% | 137.25% | 113.79% | 39.71% | 54.55% |
| EPS (Basic) | 1.40 | 1.79 | 1.77 | 1.86 | 1.67 | 2.32 | 1.99 | 2.34 | 1.84 | 1.60 | 1.58 | 1.64 | 1.38 | 1.19 | 1.60 | 2.11 | 1.22 | 1.25 | 0.96 | 1.03 |
| Diluted Shares Outstanding | 43.53M | 43.53M | 43.63M | 43.82M | 44.51M | 44.84M | 44.53M | 45.15M | 45.43M | 45.63M | 45.79M | 45.76M | 46.35M | 46.33M | 46.39M | 48.38M | 50.92M | 51.1M | 51.08M | 51.06M |
| Basic Shares Outstanding | 43.43M | 43.43M | 43.54M | 43.77M | 44.44M | 44.51M | 44.46M | 44.76M | 44.94M | 45.16M | 45.32M | 45.37M | 45.95M | 45.99M | 46.03M | 48.05M | 50.59M | 50.73M | 50.73M | 50.7M |
| Dividend Payout Ratio | 1.18% | 0.92% | 0.92% | 0.88% | 0.96% | 0.69% | 0.81% | 0.68% | 0.86% | 0.98% | 1% | 0.96% | 1.12% | 1.29% | 0.98% | 0.71% | 1.06% | - | - | - |