Green Brick Partners

Green Brick Partners is promoting Jed Dolson, currently chief operating officer and president, to co-chief executive officer effective October 15, 2026. Dolson has been with the company since 2013 and has held several leadership roles, including president of the Texas region and COO. The board of directors said the promotion is part of long-term succession planning; CEO and co-founder Jim Brickman praised Dolson’s leadership and contribution to the company’s success. » More on de.investing.com

Green Brick reported diluted earnings per share of $1.39 for Q1 2026, beating consensus estimates, while revenue of $448 million was slightly below expectations and fell 7.1% year‑over‑year. Gross margin declined 320 basis points to 28.9% but remained well above the industry average, thanks to its own land strategy and strong local positions in Dallas‑Fort Worth and Atlanta. The company maintained low leverage (11.5%), had $475 million of available liquidity, reduced cancellation rates, continued expanding Trophy Signature Homes (expanding into Houston/Austin) and is investing heavily in land for long‑term growth. Management announced an accounting change for closing incentives that adjusts margin percentages but does not affect dollar profit. » More on de.investing.com

Green Brick reported a record volume of 1,038 units sold in Q4 2025, revenue of $552.6 million and diluted earnings per share of $1.78. Despite volume growth, net income and gross margins fell substantially (net income -24.5%, gross margins -490 basis points) due to higher sales incentives and competitive pressure. The company highlights its conservative capital structure, strong liquidity and strategic land position, and guides Q1 2026 to roughly $1.64 EPS on $477.39 million in revenue. » More on de.investing.com