---
schema_version: "secwatch.filing_event.v1"
accession: "0001373670-23-000049"
form_type: "8-K"
ticker: "GRBK"
cik: "0001373670"
company_name: "Green Brick Partners, Inc."
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T12:23:57.682550+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Green Brick Q2 EPS $1.63, home orders up 51% YoY; gross margin 31.3% up 370 bps sequentially

## Summary
- Diluted EPS $1.63 (second highest ever); net income $75.3M, down 25.7% YoY.
- New home orders up 50.8% YoY to 822; cancellation rate 7.4% (lowest in industry).
- Homebuilding gross margin 31.3%, up 370 bps sequentially; total revenues $456.3M.
- Total debt to capital 22.9%; net debt to capital a record low 10.6%.
- Active selling communities up 10.3% to 86; backlog $586M.

## SEC filing metadata
- accession: 0001373670-23-000049
- form_type: 8-K
- ticker: GRBK
- cik: 0001373670
- company_name: Green Brick Partners, Inc.
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1373670/000137367023000049/0001373670-23-000049-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1373670/000137367023000049/grbk-20230802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001373670-23-000049
- JSON: https://secwatch.observer/filing/0001373670-23-000049.json
- Plain text: https://secwatch.observer/filing/0001373670-23-000049.txt

## Key facts
- Earnings Releases
  Green Brick Partners, Inc. reported the second quarter ended June 30, 2023 results: revenue Total revenues $ 456,289, net income Net income attributable to Green Brick Partners, Inc. $ 75,270, EPS Diluted net income attributable to Green Brick Partners, Inc. per common share $ 1.63.
  - Period: the second quarter ended June 30, 2023
  - Revenue: Total revenues $ 456,289
  - Net income: Net income attributable to Green Brick Partners, Inc. $ 75,270
  - EPS: Diluted net income attributable to Green Brick Partners, Inc. per common share $ 1.63
  - Result: reported results
  source text: Results for the Quarter Ended June 30, 2023: (Dollars in thousands, except per share data) Three Months Ended June 30, 2023 2022 Change New homes delivered 783 881 (11.1) % Total revenues $ 456,289 $ 525,144 (13.1) % Total cost of revenues 313,354 356,248 (12.0) % Total gross profit $ 142,935 $ 168,896 (15.4) % Income before income taxes $ 104,212 $ 138,282 (24.6) % Net income attributable to Green Brick Partners, Inc. $ 75,270 $ 101,256 (25.7) % Diluted net income attributable to Green Brick Partners, Inc. per common share $ 1.63 $ 2.08 (21.6) %
  evidence_url: https://www.sec.gov/Archives/edgar/data/1373670/000137367023000049/0001373670-23-000049-index.htm
- Earnings Releases
  Green Brick Partners, Inc. reported the six months ended June 30, 2023 results: revenue Total revenues $ 908,350, net income Net income attributable to Green Brick Partners, Inc. $ 139,450, EPS Diluted net income attributable to Green Brick Partners, Inc. per common share $ 3.00.
  - Period: the six months ended June 30, 2023
  - Revenue: Total revenues $ 908,350
  - Net income: Net income attributable to Green Brick Partners, Inc. $ 139,450
  - EPS: Diluted net income attributable to Green Brick Partners, Inc. per common share $ 3.00
  - Result: reported results
  source text: Results for the Six Months Ended June 30, 2023: (Dollars in thousands, except per share data) Six Months Ended June 30, 2023 2022 Change New homes delivered 1,544 1,539 0.3 % Total revenues $ 908,350 $ 918,760 (1.1) % Total cost of revenues 640,809 641,508 (0.1) % Total gross profit $ 267,541 $ 277,252 (3.5) % Income before income taxes $ 191,384 $ 220,915 (13.4) % Net income attributable to Green Brick Partners, Inc. $ 139,450 $ 162,833 (14.4) % Diluted net income attributable to Green Brick Partners, Inc. per common share $ 3.00 $ 3.25 (7.7) %
  evidence_url: https://www.sec.gov/Archives/edgar/data/1373670/000137367023000049/0001373670-23-000049-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.