secwatch.observer — SEC 8-K summary
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Issuer:     Green Brick Partners, Inc. (GRBK)
CIK:        0001373670
Form:       8-K
Filed at:   2025-04-30T23:59:59+00:00
Accession:  0001373670-25-000049
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Green Brick Q1 revenue hits record $495M; diluted EPS $1.67, net orders up 3.3%
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- Home closing revenue $495M (+11.8% YoY), a record Q1; total revenues $498M (+11.2% YoY).
- Diluted EPS $1.67 (-8.2% YoY); prior year benefited from $0.21/shr gain on Challenger sale.
- Net new home orders 1,106 (+3.3% YoY) – record Q1; backlog units 864 (-15.3% YoY).
- Homebuilding gross margin 31.2% (down 220 bps YoY); debt to total capital 14.5%.
- Repurchased ~668K shares for $38.3M through Apr; preferred dividend of $0.35938/shr payable June 13.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1373670/000137367025000049/0001373670-25-000049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1373670/000137367025000049/grbk-20250430.htm
  HTML page:      https://secwatch.observer/filing/0001373670-25-000049

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