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Green Brick Partners GRBK Homebuilders — Sales Commissions and Fees

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Financial Services
$839K

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Other financials

Income statement

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Revenue$493.8M-7.6%
Gross profit$157.5M-6.0%
Net income$74.2M-9.5%
EPS (diluted)$1.70-8.1%

Balance sheet

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Cash & equivalents$154.4M+5.9%
Total debt$7.8M-1.1%
Total equity$2.0B+14.5%
Total assets$2.6B+12.8%

Cash flow

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Operating cash flow$56.3M-18.2%
CapEx$963.0K+40.2%
Free cash flow$55.0M-19.1%

Valuation

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Market cap$3.15B+10.6%
Enterprise value$3B+10.8%
P/E10.8×+2.7×
P/S1.6×+0.2×

Profitability

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Gross margin30.6%-2.0pp
Operating margin9.6%
Net margin14.7%-1.9pp
FCF margin10.3%+6.1pp

Returns & leverage

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Return on equity15.7%-6.4pp
Debt / equity0.0×

Where this comes from

Reported directly by Green Brick Partners in its filing.

Tagged under the XBRL concept us-gaap:SalesCommissionsAndFees.

The source filing: Green Brick Partners’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 4:30 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-050640
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Builder operations
Central$18,982$20,319$36,539$37,894
Southeast3,1444,5346,6658,968
Total builder operations22,12624,85343,20446,862
Financial services8392631,440503
Total commissions$22,965$25,116$44,644$47,365
Salaries
Builder operations

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Green Brick Partners's homebuilders — sales commissions and fees?
Green Brick Partners (GRBK) reported homebuilders — sales commissions and fees of $22.13M in Q2 2026.
How has Green Brick Partners's homebuilders — sales commissions and fees changed year-over-year?
Green Brick Partners's homebuilders — sales commissions and fees decreased by 11.0% year-over-year, from $24.85M to $22.13M.
What is the long-term trend for Green Brick Partners's homebuilders — sales commissions and fees?
Over 2 years (2023 to 2025), Green Brick Partners's homebuilders — sales commissions and fees has grown at a 6.1% compound annual growth rate (CAGR), from $84.05M to $94.63M.
What does homebuilders — sales commissions and fees mean?
Includes the costs incurred for sales commissions, brokerage fees, and related marketing expenses directly tied to the sale of residential units. This metric tracks the variable selling costs required to convert inventory into revenue. Monitoring this helps evaluate the efficiency of the sales force and the cost of customer acquisition.

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