Green Brick Partners Inc
F:2G1
Income Statement
Earnings Waterfall
Green Brick Partners Inc
Income Statement
Green Brick Partners Inc
| Dec-2007 | Mar-2008 | Jun-2008 | Sep-2008 | Dec-2008 | Mar-2009 | Jun-2009 | Sep-2009 | Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
2
|
6
|
9
|
13
|
16
|
15
|
14
|
13
|
11
|
12
|
13
|
13
|
12
|
10
|
8
|
7
|
7
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Revenue |
0
N/A
|
0
N/A
|
0
N/A
|
91
+31 010%
|
180
+98%
|
277
+54%
|
384
+38%
|
384
+0%
|
416
+8%
|
419
+1%
|
409
-2%
|
432
+6%
|
453
+5%
|
511
+13%
|
583
+14%
|
630
+8%
|
653
+4%
|
634
-3%
|
589
-7%
|
542
-8%
|
73
-87%
|
(139)
N/A
|
(262)
-88%
|
(378)
-44%
|
202
N/A
|
265
+31%
|
331
+25%
|
381
+15%
|
246
-35%
|
242
-2%
|
248
+3%
|
273
+10%
|
291
+7%
|
303
+4%
|
330
+9%
|
346
+5%
|
391
+13%
|
410
+5%
|
416
+1%
|
438
+5%
|
458
+5%
|
488
+7%
|
538
+10%
|
574
+7%
|
624
+9%
|
664
+6%
|
693
+4%
|
752
+9%
|
792
+5%
|
836
+6%
|
886
+6%
|
952
+7%
|
976
+3%
|
997
+2%
|
1 138
+14%
|
1 205
+6%
|
1 403
+16%
|
1 562
+11%
|
1 713
+10%
|
1 779
+4%
|
1 758
-1%
|
1 816
+3%
|
1 747
-4%
|
1 758
+1%
|
1 778
+1%
|
1 773
0%
|
1 877
+6%
|
1 982
+6%
|
2 099
+6%
|
2 149
+2%
|
2 138
-1%
|
2 113
-1%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
0
|
0
|
(0)
|
(104)
|
(199)
|
(302)
|
(409)
|
(394)
|
(405)
|
(408)
|
(403)
|
(424)
|
(455)
|
(509)
|
(579)
|
(624)
|
(643)
|
(628)
|
(587)
|
(556)
|
(55)
|
0
|
0
|
0
|
(144)
|
(191)
|
(241)
|
(275)
|
(188)
|
(179)
|
(184)
|
(209)
|
(229)
|
(242)
|
(264)
|
(276)
|
(303)
|
(316)
|
(322)
|
(339)
|
(340)
|
(378)
|
(416)
|
(447)
|
(469)
|
(502)
|
(524)
|
(570)
|
(623)
|
(654)
|
(689)
|
(733)
|
(741)
|
(753)
|
(847)
|
(890)
|
(1 041)
|
(1 151)
|
(1 234)
|
(1 258)
|
(1 235)
|
(1 277)
|
(1 234)
|
(1 239)
|
(1 230)
|
(1 201)
|
(1 259)
|
(1 331)
|
(1 395)
|
(1 438)
|
(1 449)
|
(1 440)
|
|
| Gross Profit |
0
N/A
|
0
N/A
|
0
N/A
|
(13)
N/A
|
(19)
-46%
|
(24)
-26%
|
(25)
-4%
|
(10)
+61%
|
11
N/A
|
11
+3%
|
6
-48%
|
8
+43%
|
(1)
N/A
|
1
N/A
|
4
+186%
|
6
+65%
|
11
+70%
|
6
-41%
|
2
-72%
|
(13)
N/A
|
18
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
58
N/A
|
74
+27%
|
91
+22%
|
106
+17%
|
58
-45%
|
63
+7%
|
63
+1%
|
64
+1%
|
62
-3%
|
60
-3%
|
65
+8%
|
70
+7%
|
88
+25%
|
93
+6%
|
94
+1%
|
99
+5%
|
118
+20%
|
110
-7%
|
122
+11%
|
127
+4%
|
154
+21%
|
162
+5%
|
168
+3%
|
182
+8%
|
169
-7%
|
183
+8%
|
196
+7%
|
219
+12%
|
235
+7%
|
245
+4%
|
292
+19%
|
315
+8%
|
362
+15%
|
411
+14%
|
479
+17%
|
521
+9%
|
523
+0%
|
539
+3%
|
513
-5%
|
519
+1%
|
548
+6%
|
572
+4%
|
619
+8%
|
651
+5%
|
704
+8%
|
711
+1%
|
689
-3%
|
673
-2%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(9)
|
(11)
|
(18)
|
(19)
|
(18)
|
(17)
|
(13)
|
(15)
|
(16)
|
(16)
|
(15)
|
(13)
|
(12)
|
(12)
|
(11)
|
(10)
|
(11)
|
(11)
|
(11)
|
(10)
|
(5)
|
141
|
273
|
399
|
(18)
|
(22)
|
(27)
|
(34)
|
(23)
|
(28)
|
(31)
|
(31)
|
(30)
|
(31)
|
(32)
|
(33)
|
(39)
|
(39)
|
(39)
|
(39)
|
(58)
|
(47)
|
(52)
|
(56)
|
(82)
|
(94)
|
(102)
|
(114)
|
(104)
|
(106)
|
(110)
|
(113)
|
(113)
|
(115)
|
(123)
|
(128)
|
(134)
|
(139)
|
(147)
|
(156)
|
(164)
|
(176)
|
(183)
|
(187)
|
(193)
|
(198)
|
(206)
|
(217)
|
(227)
|
(231)
|
(233)
|
(233)
|
|
| Selling, General & Administrative |
(9)
|
(11)
|
(18)
|
(18)
|
(17)
|
(16)
|
(11)
|
(15)
|
(15)
|
(16)
|
(15)
|
(13)
|
(12)
|
(12)
|
(11)
|
(10)
|
(11)
|
(11)
|
(11)
|
(10)
|
(8)
|
(5)
|
(4)
|
(3)
|
(18)
|
(22)
|
(27)
|
(34)
|
(23)
|
(28)
|
(31)
|
(30)
|
(30)
|
(31)
|
(33)
|
(34)
|
(38)
|
(39)
|
(39)
|
(39)
|
(58)
|
(47)
|
(52)
|
(56)
|
(78)
|
(91)
|
(99)
|
(111)
|
(96)
|
(102)
|
(105)
|
(109)
|
(108)
|
(115)
|
(123)
|
(128)
|
(131)
|
(139)
|
(147)
|
(156)
|
(162)
|
(176)
|
(183)
|
(187)
|
(189)
|
(198)
|
(206)
|
(217)
|
(222)
|
(231)
|
(233)
|
(233)
|
|
| Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
0
|
(0)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
|
| Other Operating Expenses |
0
|
0
|
0
|
(1)
|
(1)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
146
|
277
|
401
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(2)
|
(2)
|
(3)
|
(5)
|
(4)
|
(5)
|
(3)
|
(0)
|
(0)
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Operating Income |
(9)
N/A
|
(11)
-24%
|
(18)
-55%
|
(32)
-81%
|
(38)
-17%
|
(41)
-10%
|
(38)
+8%
|
(25)
+35%
|
(5)
+80%
|
(5)
0%
|
(9)
-88%
|
(4)
+52%
|
(14)
-210%
|
(11)
+21%
|
(8)
+29%
|
(4)
+46%
|
(0)
+94%
|
(5)
-1 887%
|
(9)
-93%
|
(24)
-162%
|
13
N/A
|
2
-86%
|
11
+503%
|
20
+81%
|
41
+101%
|
52
+28%
|
64
+23%
|
71
+11%
|
36
-50%
|
34
-4%
|
32
-5%
|
33
+2%
|
32
-2%
|
29
-9%
|
33
+12%
|
37
+14%
|
49
+32%
|
54
+10%
|
55
+2%
|
60
+8%
|
60
+1%
|
63
+5%
|
70
+11%
|
71
+1%
|
72
+2%
|
69
-5%
|
66
-4%
|
68
+2%
|
66
-3%
|
76
+16%
|
86
+13%
|
107
+24%
|
122
+14%
|
130
+6%
|
168
+30%
|
187
+11%
|
228
+22%
|
272
+20%
|
332
+22%
|
365
+10%
|
359
-2%
|
364
+1%
|
330
-9%
|
332
+1%
|
355
+7%
|
374
+5%
|
413
+10%
|
434
+5%
|
477
+10%
|
480
+1%
|
456
-5%
|
439
-4%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
2
|
2
|
13
|
(40)
|
(45)
|
(49)
|
(63)
|
(16)
|
(15)
|
(14)
|
(13)
|
(11)
|
(12)
|
(13)
|
(13)
|
(12)
|
(10)
|
(8)
|
(7)
|
(7)
|
7
|
0
|
0
|
0
|
3
|
3
|
3
|
3
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
3
|
4
|
7
|
8
|
7
|
8
|
8
|
8
|
10
|
11
|
13
|
15
|
17
|
18
|
17
|
18
|
20
|
22
|
25
|
26
|
26
|
24
|
21
|
17
|
17
|
15
|
11
|
10
|
5
|
3
|
2
|
2
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
0
|
0
|
0
|
(2)
|
(2)
|
(2)
|
(2)
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
4
|
5
|
1
|
1
|
1
|
1
|
2
|
1
|
1
|
1
|
3
|
3
|
4
|
4
|
1
|
3
|
2
|
2
|
1
|
2
|
2
|
3
|
3
|
4
|
3
|
7
|
9
|
5
|
7
|
5
|
4
|
8
|
7
|
7
|
9
|
10
|
11
|
11
|
12
|
13
|
15
|
18
|
19
|
30
|
32
|
31
|
30
|
19
|
17
|
22
|
|
| Pre-Tax Income |
(7)
N/A
|
(9)
-23%
|
(5)
+46%
|
(74)
-1 410%
|
(84)
-14%
|
(92)
-9%
|
(103)
-12%
|
(41)
+60%
|
(20)
+52%
|
(19)
+4%
|
(22)
-16%
|
(15)
+30%
|
(25)
-65%
|
(24)
+5%
|
(20)
+15%
|
(16)
+21%
|
(10)
+35%
|
(12)
-20%
|
(17)
-33%
|
(30)
-84%
|
21
N/A
|
4
-82%
|
15
+299%
|
25
+70%
|
45
+79%
|
56
+26%
|
68
+22%
|
76
+10%
|
36
-52%
|
34
-5%
|
33
-5%
|
34
+3%
|
35
+3%
|
32
-7%
|
37
+14%
|
41
+13%
|
51
+22%
|
57
+12%
|
57
+0%
|
62
+10%
|
64
+3%
|
69
+7%
|
79
+15%
|
82
+4%
|
82
0%
|
80
-2%
|
78
-3%
|
82
+6%
|
84
+2%
|
92
+9%
|
106
+16%
|
127
+20%
|
143
+12%
|
155
+9%
|
193
+24%
|
212
+10%
|
257
+21%
|
304
+18%
|
369
+21%
|
401
+9%
|
396
-1%
|
401
+1%
|
367
-8%
|
367
+0%
|
391
+7%
|
420
+7%
|
455
+8%
|
476
+5%
|
512
+8%
|
502
-2%
|
476
-5%
|
463
-3%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
25
|
23
|
21
|
19
|
(9)
|
(8)
|
(10)
|
(12)
|
(15)
|
(18)
|
(18)
|
(20)
|
(20)
|
(19)
|
(20)
|
(20)
|
(17)
|
(18)
|
(18)
|
(19)
|
(20)
|
(22)
|
(18)
|
(22)
|
(25)
|
(26)
|
(41)
|
(45)
|
(53)
|
(64)
|
(78)
|
(81)
|
(82)
|
(83)
|
(76)
|
(80)
|
(85)
|
(90)
|
(91)
|
(93)
|
(95)
|
(92)
|
(91)
|
(91)
|
|
| Income from Continuing Operations |
(7)
|
(9)
|
(5)
|
(74)
|
(84)
|
(92)
|
(103)
|
(41)
|
(20)
|
(19)
|
(22)
|
(15)
|
(25)
|
(24)
|
(20)
|
(16)
|
(10)
|
(12)
|
(17)
|
(30)
|
21
|
4
|
15
|
25
|
44
|
55
|
68
|
75
|
61
|
57
|
54
|
53
|
26
|
24
|
26
|
29
|
35
|
39
|
39
|
43
|
44
|
49
|
59
|
62
|
65
|
63
|
60
|
64
|
64
|
70
|
88
|
105
|
118
|
129
|
152
|
168
|
204
|
241
|
291
|
320
|
314
|
318
|
291
|
287
|
307
|
329
|
364
|
382
|
417
|
410
|
384
|
372
|
|
| Income to Minority Interest |
5
|
5
|
2
|
39
|
43
|
45
|
49
|
13
|
6
|
5
|
5
|
3
|
5
|
4
|
3
|
2
|
2
|
2
|
3
|
4
|
(4)
|
(1)
|
(2)
|
(4)
|
(12)
|
(15)
|
(19)
|
(21)
|
(11)
|
(11)
|
(11)
|
(11)
|
(10)
|
(9)
|
(9)
|
(8)
|
(11)
|
(12)
|
(11)
|
(12)
|
(10)
|
(10)
|
(13)
|
(13)
|
(13)
|
(10)
|
(7)
|
(8)
|
(6)
|
(8)
|
(7)
|
(5)
|
(4)
|
(5)
|
(10)
|
(12)
|
(14)
|
(15)
|
(16)
|
(20)
|
(22)
|
(23)
|
(22)
|
(20)
|
(22)
|
(26)
|
(30)
|
(32)
|
(36)
|
(37)
|
(34)
|
(33)
|
|
| Net Income (Common) |
(4)
N/A
|
(5)
-43%
|
(3)
+48%
|
(35)
-1 146%
|
(41)
-17%
|
(47)
-15%
|
(54)
-16%
|
(27)
+50%
|
(14)
+50%
|
(14)
-3%
|
(17)
-20%
|
(12)
+29%
|
(20)
-65%
|
(19)
+2%
|
(17)
+12%
|
(14)
+21%
|
(9)
+36%
|
(10)
-20%
|
(14)
-34%
|
(26)
-86%
|
17
N/A
|
(35)
N/A
|
(29)
+18%
|
(23)
+19%
|
32
N/A
|
44
+37%
|
56
+26%
|
64
+15%
|
50
-21%
|
47
-7%
|
43
-8%
|
42
-2%
|
15
-64%
|
14
-6%
|
17
+21%
|
21
+20%
|
24
+14%
|
27
+13%
|
28
+4%
|
31
+11%
|
15
-51%
|
20
+33%
|
27
+36%
|
30
+11%
|
52
+72%
|
53
+3%
|
53
-1%
|
56
+7%
|
59
+5%
|
62
+6%
|
81
+31%
|
100
+24%
|
114
+13%
|
124
+9%
|
142
+15%
|
156
+10%
|
190
+22%
|
225
+18%
|
273
+21%
|
298
+9%
|
289
-3%
|
292
+1%
|
266
-9%
|
264
-1%
|
282
+7%
|
301
+7%
|
331
+10%
|
348
+5%
|
379
+9%
|
370
-2%
|
347
-6%
|
336
-3%
|
|
| EPS (Diluted) |
-7.04
N/A
|
-7.01
+0%
|
-1.71
+76%
|
-45.97
-2 588%
|
-53.01
-15%
|
-41.59
+22%
|
-46.51
-12%
|
-22.43
+52%
|
-11.46
+49%
|
-11.1
+3%
|
-13.32
-20%
|
-9.5
+29%
|
-15.72
-65%
|
-5.46
+65%
|
-3.35
+39%
|
-2.2
+34%
|
-1.84
+16%
|
-2.03
-10%
|
-2.71
-33%
|
-4.98
-84%
|
1.55
N/A
|
-4.31
N/A
|
-11
-155%
|
-4.35
+60%
|
2.88
N/A
|
3.95
+37%
|
4.94
+25%
|
5.73
+16%
|
3.4
-41%
|
1.48
-56%
|
1.37
-7%
|
0.86
-37%
|
0.38
-56%
|
0.29
-24%
|
0.36
+24%
|
0.43
+19%
|
0.49
+14%
|
0.56
+14%
|
0.58
+4%
|
0.61
+5%
|
0.3
-51%
|
0.39
+30%
|
0.53
+36%
|
0.59
+11%
|
1.02
+73%
|
1.04
+2%
|
1.04
N/A
|
1.11
+7%
|
1.16
+5%
|
1.22
+5%
|
1.59
+30%
|
1.96
+23%
|
2.24
+14%
|
2.43
+8%
|
2.79
+15%
|
3.06
+10%
|
3.73
+22%
|
4.41
+18%
|
5.65
+28%
|
6.41
+13%
|
6.02
-6%
|
6.29
+4%
|
5.8
-8%
|
5.77
-1%
|
6.14
+6%
|
6.62
+8%
|
7.32
+11%
|
7.81
+7%
|
8.45
+8%
|
8.33
-1%
|
7.91
-5%
|
7.69
-3%
|
|