Green Brick Q2 FY26 net income falls 9.5% to $74.17 million; revenue drops 9.9% to $481.6 million
Reuters2026/07/29 20:33By:Reuters
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- Green Brick Partners posted Q2 net income attributable to shareholders of USD 74 million, down 9.5%, with diluted EPS of USD 1.70.
- Revenue fell 8.7% to USD 493.84 million, while homebuilding gross margin narrowed 1.5 percentage points to 29.8%.
- Net new home orders climbed 19% to 1,079, with backlog at 681 homes valued at USD 387 million.
- Liquidity stood at USD 462 million, including USD 132 million of cash; repurchased 143,026 shares for about USD 9.4 million.
- Delivered first homes in Houston; CEO Jim Brickman said demand in Texas remained strong despite affordability challenges and economic uncertainty.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Green Brick Partners Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202607291610BIZWIRE_USPR_____20260729_BW023948) on July 29, 2026, and is solely responsible for the information contained therein.
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