Green Brick Partners Inc 2026年季度报告

☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2026 orTRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-33530 Green Brick Partners, Inc. Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months, and (2) has been subject to such filing requirements for the past 90 days. Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files). Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reportingcompany, or an emerging growth company. See definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company”,and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer☒Accelerated filer☐Non-accelerated filer☐Smaller reporting company☐Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes☐No☒ The number of shares of the Registrant's common stock outstanding as of April23, 2026 was 43,146,283. TABLE OF CONTENTS PART IFINANCIAL INFORMATIONItem 1.Condensed Consolidated Financial Statements (Unaudited)1Condensed Consolidated Balance Sheets, March 31, 2026 and December 31, 20251Condensed Consolidated Statements of Income for the three months ended March 31, 2026 and 20252Condensed Consolidated Statements of Changes in Stockholders’ Equity for the three months ended March 31 2026and 20253Condensed Consolidated Statements of Cash Flows for the three months ended March 31, 2026 and 20254Notes to the Unaudited Condensed Consolidated Financial Statements5Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations22Item 4.Controls and Procedures31PART IIOTHER INFORMATIONItem 1ARisk FactorsItem 2.Unregistered Sales of Equity Securities and Use of Proceeds31Item 5.Other Information32Item 6.Exhibits32Signatures33 PART I. FINANCIAL INFORMATIONITEM 1. FINANCIAL STATEMENTS GREEN BRICK PARTNERS, INC.CONDENSED CONSOLIDATED STATEMENTS OF INCOME(In thousands, except per share data)(Unaudited) GREEN BRICK PARTNERS, INC.CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY(In thousands, except share data) (Unaudited) For thethreemonths endedMarch 31, 2026and2025: GREEN BRICK PARTNERS, INC.CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(In thousands)(Unaudited) GREEN BRICK PARTNERS, INC.NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(Unaudited) 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with United Statesgenerally accepted accounting principles (“GAAP”) as set forth in the Financial Accounting Standards Board’s (“FASB”) AccountingStandards Codification (“ASC”) and applicable regulations of the Securities and Exchange Commission (“SEC”), but do not include all ofthe information and footnotes required for complete financial statements. The condensed consolidated balance sheet as of December31,2025 was derived from the audited consolidated financial statements included in the Company’s Annual Report on Form 10-K for the yearended December31, 2025. In the opinion of management, the accompanying unaudited condensed consolidated financial statements forthe periods presented reflect all adjustments of a normal, recurring nature necessary to fairly state our financial position, results ofoperations and cash flows. These condensed consolidated financial statements should be read in conjunction with the consolidatedfinancial statements and accompanying notes included in the Company’s Annual Report on Form 10-K for the year ended December31,2025. Operating results for thethreemonthsendedMarch 31, 2026are not necessarily indicative of the results that may be expected for thefiscal year endingDecember31, 2026or subsequent periods due to seasonal variations and other factors. Principles of Consolidation The accompanying unaudited condensed consolidated financial statements include the accounts of Green Brick Partners, Inc., itscontrolled subsidiaries, (together, the “Company”, “we”, or “Green Brick”) and variable interest entities (“VI