Filing Flows › Green Brick Partners (GRBK) › Q3 2026 › vs Q3 2025
Green Brick Partners (GRBK) Q3 2026 vs Q3 2025 (year over year)
Green Brick Partners's revenue fell $43.4M (-9%) from $492M in Q3 2025 to $448M in Q3 2026. Gross margin 27.3% against 31.6% (-4.3 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 Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Gross margin | 27.3% | 31.6% | -4.3 pts |
| Operating margin | 17.4% | 21.7% | -4.3 pts |
| Net margin | 13.2% | 15.8% | -2.6 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $448M | $492M | −$43.4M | -9% |
| Gross profit | $123M | $155M | −$32.9M | -21% |
| Cost of revenue | $326M | $336M | −$10.5M | -3% |
| Operating profit | $78.0M | $107M | −$28.7M | -27% |
| Operating expenses | $44.6M | $48.8M | −$4.2M | -9% |
| Pre-tax earnings | $78.0M | $107M | −$28.7M | -27% |
| Net earnings | $59.2M | $77.9M | −$18.7M | -24% |
| Minority interests | $2.3M | $5.6M | −$3.3M | -59% |
| Income tax | $16.6M | $23.2M | −$6.7M | -29% |
| Operating cash sources | $114M | $90.8M | $23.6M | +26% |
| Depreciation & amortization | $1.0M | $1.5M | −$455K | -31% |
| Share-based compensation | $1.8M | $1.3M | $500K | +38% |
| Cash used in operations | $52.5M | $10.2M | $42.3M | +415% |
| Working capital & other | $114M | $90.8M | $23.6M | +26% |
Questions
How much did Green Brick Partners's revenue grow year over year in Q3 2026?
Green Brick Partners's revenue fell $43.4M (-9%) from $492M in Q3 2025 to $448M in Q3 2026. Gross margin 27.3% against 31.6% (-4.3 pts).