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How Green Brick Partners (GRBK) makes money
Green Brick Partners (GRBK) made $448M of revenue in the third quarter 2026 (Q3 2026), -9% from a year earlier. Of every dollar of revenue, 27¢ was left as gross profit, 17¢ was left as operating profit, 13¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $448M | 100.0% |
| Cost of revenue | $326M | 72.7% |
| Gross profit | $123M | 27.3% |
| Operating expenses | $44.6M | 9.9% |
| Operating profit | $78.0M | 17.4% |
| Income tax | $16.6M | 3.7% |
| Net earnings | $59.2M | 13.2% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $448M | -9% |
| Q2 2026 | $494M | -9% |
| Q1 2026 | $465M | -4% |
| Q4 2025 | $518M | -7% |
| Q3 2025 | $492M | -4% |
| Q2 2025 | $541M | -2% |
| Q1 2025 | $484M | +10% |
From Green Brick Partners' 10-Q filed Oct 28, 2026 (on EDGAR).
Questions
How does Green Brick Partners make money?
Green Brick Partners (GRBK) made $448M of revenue in the third quarter 2026 (Q3 2026), -9% from a year earlier. Of every dollar of revenue, 27¢ was left as gross profit, 17¢ was left as operating profit, 13¢ was left as net earnings.
What is Green Brick Partners' profit margin?
Net earnings were $59.2M, 13.2% of revenue, in the third quarter 2026; the operating margin was 17.4%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.