Green Brick Partners Posts $1.78 EPS and $552.6M Revenue, Adds $150M Buyback
Green Brick Partners reported Q4 adjusted EPS of $1.78 on $552.6 million revenue, topping consensus of $1.63 and $473.3 million, with a 29.4% gross margin. The homebuilder delivered 1,038 homes, built records with 883 net orders and ended the quarter with $520 million liquidity while launching a $150 million buyback.
1. Q4 Financial Performance
Green Brick Partners delivered adjusted EPS of $1.78 for Q4 2025 on $552.6 million in revenue, outperforming consensus estimates of $1.63 and $473.3 million. The company maintained a 29.4% gross margin, reflecting effective cost management despite market challenges.
2. Home Deliveries and Orders
The company completed delivery of 1,038 new homes during the quarter, a 1.9% increase year-over-year, while net new home orders reached 883 units, the highest fourth-quarter tally in its history.
3. Liquidity and Share Repurchases
Green Brick ended the period with $154.6 million cash and zero revolver borrowings, yielding total liquidity of approximately $520 million. It repurchased 359,000 shares for $23 million in Q4 and authorized an additional $150 million buyback program.
4. Company Profile
Headquartered in Texas, Green Brick Partners is the third-largest homebuilder in Dallas-Fort Worth and specializes in land acquisition, development, and residential construction across key Sun Belt markets.