Green Brick Partners, Inc. (GRBK) FY2025 10-K Annual Report

Filed: Feb 25, 2026
Industrials
Operative BuildersSEC EDGAR

Green Brick Partners, Inc. (GRBK) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 25, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Green Brick Partners, Inc. FY2025 10-K Analysis

Business Overview

  • Core business model: homebuilding focused on infill and infill-adjacent locations in high-growth U.S. markets
  • New emphasis on self-developing raw land into finished lots held on balance sheet as part of land strategy
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Management Discussion & Analysis

  • Total borrowings on lines of credit increased to $43.9M in 2025 from $22.6M in 2024, driven by $46.4M warehouse facility borrowings
  • Senior unsecured notes decreased to $262.0M in 2025 from $299.1M in 2024, with interest rates ranging 3.25%-4.0%
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Risk Factors

  • Regulatory risk: Impact of One Big Beautiful Bill Act (OBBBA) signed July 4, 2025, possibly causing labor shortages due to heightened immigration enforcement
  • Macroeconomic risk: High inflation and interest rates, including elevated mortgage rates, reducing demand for new homes and pressuring margins
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Green Brick Partners, Inc. FY2025 Key Financial Metrics
XBRL

Revenue

$2.1B

-0.0% YoY

Net Income

$313M

-17.9% YoY

Gross Margin

30.5%

-298bp YoY

Net Margin

14.9%

-325bp YoY

ROE

16.8%

-663bp YoY

Total Assets

$2.5B

+12.7% YoY

EPS (Diluted)

$7.07

-16.3% YoY

Operating Cash Flow

$213M

+723.0% YoY

Source: XBRL data from Green Brick Partners, Inc. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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