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Green Brick Partners GRBK Consolidated inventory related to VIE

Consolidated inventory related to VIE at other companies

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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$3.14B+10.8%
Enterprise value$2.99B+11.1%
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 grbk:ConsolidatedInventoryRelatedToVIE.

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 itemJune 30, 2026December 31, 2025
Receivables28,33739,982
Real estate inventory:
Inventory owned2,091,3911,941,524
Consolidated inventory related to VIE162,498157,687
Total inventory2,253,8892,099,211
Mortgage loans held for sale34,76549,099
Investments in unconsolidated entities77,70893,050
Right-of-use assets - operating leases6,7407,475

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Green Brick Partners's consolidated inventory related to VIE?
Green Brick Partners (GRBK) reported consolidated inventory related to VIE of $162.5M in Q2 2026.
How has Green Brick Partners's consolidated inventory related to VIE changed year-over-year?
Green Brick Partners's consolidated inventory related to VIE decreased by 3.9% year-over-year, from $169.06M to $162.5M.
What does consolidated inventory related to VIE mean?
This represents the value of inventory held by variable interest entities (VIEs) that are consolidated into the company's financial statements. It highlights the portion of the company's development pipeline managed through partnership structures or specific financing vehicles. Tracking this helps investors understand the company's off-balance-sheet exposure and the scale of its joint venture operations.

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