---
schema_version: "secwatch.filing_event.v1"
accession: "0001373670-23-000056"
form_type: "8-K"
ticker: "GRBK"
cik: "0001373670"
company_name: "Green Brick Partners, Inc."
filed_at: "2023-10-31T23:59:59+00:00"
generated_at: "2026-06-09T04:24:29.676575+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Green Brick Q3 EPS $1.56; homebuilding gross margin record 33.3%; orders up 95% YoY

## Summary
- Diluted EPS $1.56 vs $1.57 YoY; total revenues $419M (+2.7%); net income $72.2M.
- Homebuilding gross margin 33.3%, a company record, up 90 bps YoY and 200 bps sequentially.
- Net new home orders 788 (+95% YoY); cancellation rate 6.1% (lowest among peers).
- Backlog $622.6M (+10.4% YoY); net debt to total capital 9.0%.
- Jed Dolson promoted to President and COO from EVP and COO effective Oct 27, 2023.

## SEC filing metadata
- accession: 0001373670-23-000056
- form_type: 8-K
- ticker: GRBK
- cik: 0001373670
- company_name: Green Brick Partners, Inc.
- filed_at: 2023-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1373670/000137367023000056/0001373670-23-000056-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1373670/000137367023000056/grbk-20231031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001373670-23-000056
- JSON: https://secwatch.observer/filing/0001373670-23-000056.json
- Plain text: https://secwatch.observer/filing/0001373670-23-000056.txt

## Key facts
- Earnings Releases
  Green Brick Partners, Inc. reported third quarter ended September 30, 2023 results: revenue $418,978, net income $72,156, EPS $1.56.
  - Period: third quarter ended September 30, 2023
  - Revenue: $418,978
  - Net income: $72,156
  - EPS: $1.56
  - Result: reported results
  source text: Ended September 30, 2023: (Dollars in thousands, except per share data) Three Months Ended September 30, 2023 2022 Change New homes delivered 754 650 16.0 % Total revenues $ 418,978 $ 407,944 2.7 % Total cost of revenues 279,965 274,625 1.9 % Total gross profit $ 139,013 $ 133,319 4.3 % Income before income taxes $ 98,086 $ 97,596 0.5 % Net income
  evidence_url: https://www.sec.gov/Archives/edgar/data/1373670/000137367023000056/0001373670-23-000056-index.htm
- Earnings Releases
  Green Brick Partners, Inc. reported nine months ended September 30, 2023 results: revenue $1,327,328, net income $211,606, EPS $4.55.
  - Period: nine months ended September 30, 2023
  - Revenue: $1,327,328
  - Net income: $211,606
  - EPS: $4.55
  - Result: reported results
  source text: Ended September 30, 2023: (Dollars in thousands, except per share data) Nine Months Ended September 30, 2023 2022 Change New homes delivered 2,298 2,189 5.0 % Total revenues $ 1,327,328 $ 1,326,704 0.0 % Total cost of revenues 920,774 916,133 0.5 % Total gross profit $ 406,554 $ 410,571 (1.0) % Income before income taxes $ 289,470 $ 318,511 (9.1) % Net income
  evidence_url: https://www.sec.gov/Archives/edgar/data/1373670/000137367023000056/0001373670-23-000056-index.htm
- Executive change
  Jed Dolson changed role as President and Chief Operating Officer at Green Brick Partners, Inc..
  - Action: promoted
  - Role: President and Chief Operating Officer
  source text: On October 27, 2023, Jed Dolson was promoted to President and Chief Operating Officer of Green Brick Partners, Inc. (the “Company”) from his current position as Executive Vice President and Chief Operating Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1373670/000137367023000056/0001373670-23-000056-index.htm

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