secwatch.observer — SEC 8-K summary
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Issuer:     Green Brick Partners, Inc. (GRBK)
CIK:        0001373670
Form:       8-K
Filed at:   2023-08-02T23:59:59+00:00
Accession:  0001373670-23-000049
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1373670/000137367023000049/0001373670-23-000049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1373670/000137367023000049/grbk-20230802.htm
  HTML page:      https://secwatch.observer/filing/0001373670-23-000049

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