Filing Flows › Green Brick Partners (GRBK) › Q3 2026 › vs Q2 2026
Green Brick Partners (GRBK) Q3 2026 vs Q2 2026 (quarter over quarter)
Green Brick Partners's revenue fell $45.6M (-9%) from $494M in Q2 2026 to $448M in Q3 2026. Gross margin 27.3% against 29.4% (-2.1 pts).
Green Brick Partners, Q3 2026: revenue $448M (-9% year over year), operating margin 17.4%, net earnings $59.2M, operating cash flow −$52.5M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 27.3% | 29.4% | -2.1 pts |
| Operating margin | 17.4% | 20.1% | -2.7 pts |
| Net margin | 13.2% | 15.0% | -1.8 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $448M | $494M | −$45.6M | -9% |
| Gross profit | $123M | $145M | −$22.7M | -16% |
| Cost of revenue | $326M | $349M | −$22.9M | -7% |
| Operating profit | $78.0M | $99.5M | −$21.5M | -22% |
| Operating expenses | $44.6M | $45.8M | −$1.2M | -3% |
| Pre-tax earnings | $78.0M | $99.5M | −$21.5M | -22% |
| Net earnings | $59.2M | $74.2M | −$15.0M | -20% |
| Minority interests | $2.3M | $4.6M | −$2.4M | -51% |
| Income tax | $16.6M | $20.7M | −$4.1M | -20% |
| Operating cash sources | $114M | $86.2M | $28.3M | +33% |
| Depreciation & amortization | $1.0M | $1.1M | −$60K | -6% |
| Share-based compensation | $1.8M | $2.1M | −$300K | -14% |
| Cash used in operations | $52.5M | $8.8M | $43.6M | +493% |
| Working capital & other | $114M | $86.2M | $28.3M | +33% |
Questions
How much did Green Brick Partners's revenue grow quarter over quarter in Q3 2026?
Green Brick Partners's revenue fell $45.6M (-9%) from $494M in Q2 2026 to $448M in Q3 2026. Gross margin 27.3% against 29.4% (-2.1 pts).