secwatch.observer — SEC 8-K summary
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Issuer:     Green Brick Partners, Inc. (GRBK)
CIK:        0001373670
Form:       8-K
Filed at:   2022-08-03T23:59:59+00:00
Accession:  0001373670-22-000041
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Green Brick Partners reports record Q2 2022: EPS $2.08, revenue up 53.6% YoY
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- Record diluted EPS of $2.08, up 103.9% YoY; net income $101.3M, up 93.7%.
- Total revenue $525.1M, up 40.5%; home closings revenue $510.5M, up 53.6%.
- Homebuilding gross margin 32.3%, up 550 bps YoY; SG&A as % of residential units revenue fell to 8.2%.
- Repurchased 3.7M shares for $75.7M in Q2 and through July 29; YTD repurchases $101.5M at avg <$21/share.
- Backlog $710.2M, down 27.1%; net new home orders 545, down 9.8% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1373670/000137367022000041/0001373670-22-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1373670/000137367022000041/grbk-20220803.htm
  HTML page:      https://secwatch.observer/filing/0001373670-22-000041

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer