Green Brick Q2 net income $74M ($1.70 EPS), revenue down 11%; orders up 19% YoY

Green Brick Partners, Inc.

Net income $74.2M ($1.70 diluted EPS) vs $81.9M ($1.85) in Q2 2025, down 9.5%.
Home closing revenue $472M, down 11.4% YoY; homebuilding gross margin 29.8% (down 150 bps YoY).
Net new home orders 1,079, up 19% YoY; backlog 681 units ($387M), down 6.7% in units.
Financial services operating income $5.6M, up 90% YoY; mortgage originations $197M (521 loans).
Declared quarterly Series A preferred dividend $0.35938/depositary share, payable Sept 15, 2026.

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