Green Brick Partners — Jul 29, 2026 release

Exhibit 99 GREEN BRICK PARTNERS, INC. REPORTS SECOND QUARTER 2026 RESULTS PLANO, Texas, July 29, 2026 — Green Brick Partners, Inc. (NYSE: GRBK) (“Green Brick,” “we,” or the “Company”), today announced results for its second quarter ended June 30, 2026. Net income attributable to Green Brick in the second quarter wa s $74 million or $1.70 per diluted share. 2026 SECOND QUARTER HIGHLIGHTS • Net new home orders of 1,079, up 19% year over year • Backlog of 681 homes with a dollar value of $387 million • New home deliveries of 1,047 • Home closing revenue of $471 million • Delivered first homes in Houston • Hom ebuilding gross margins of 29.8% • Book value of $44.82 per share increased 16% year over year • Liquidity of $462 million , inclusive of $132 million of cash • Homebuilding debt to total capital of 11.2%; net homebuilding debt to total capital of 6.1% • Repurchased 143,026 shares of common stock for approximately $9.4 million Net new home orders increased 19% year over year to 1,079 units. Monthly sales pace for the second quarter was 3.3 sales per community, compared to 3.0 in the same period of the prior year. Incentives on new orders remain elevated at 9% as we continue to respond to market conditions to maintain sales pace. Our sales cancellation rate of 7.8% for the quarter remained among the lowest of our public company peers. The Company delivered 1,047 new homes in the second quarter, which was relatively unchanged year over year, generating home closings revenue of $471 million. Homebuilding gross margin for the quarter was 29.8%, up 90 bps se quentially and down 150 bps year over year. Jim Brickman, CEO and co-founder said, "Our second quarter results demonstrate the strength of Green Brick's differentiated operating model where our growth is focused on building in our large, self developed master planned neighborhoods where we believe we provide both affordability and upgraded amenities to our buyers." "While affordability challenges and economic uncertainty continue to impact buyers, demand in our Texas markets remained strong. Our disciplined operators delivered a 19% year-over-year increase in net new home orders as buyers responded to our targeted incentive strategy and attractive product offerings, especially with our Trophy Signature Homes brand. We were particularly encouraged by the improvement in sales pace during the quarter. Orders exceeded deliveries, resulting in sequential backlog growth and positioning the company well for the second half of 2026." "Our gross margins continue to be industry-leading and are a direct result of our disciplined land acquisition and development strategy. By concentrating on infill and infill-adjacent communities in high-demand submarkets, we continue to benefit from attractive locations, efficient development economics, and a competitive positioning that is difficult to replicate." "We are also pleased with the progress of our financial services offerings, especially the growth of our wholly-owned mortgage company, Green Brick Mortgage" added Mr. Brickman. "Financial services operating income for the quarter increased 91% year over year to $5.7 million and exceeded $10 million year to date as Green Brick Mortgage continued to expand, reflecting increased scale and higher customer adoption across our platform. We believe our integrated financial services offering enhances the customer experience while creating an additional source of earnings growth." 1 "Total liquidity at quarter end was $462 million. The company's homebuilding debt-to-total capital ratio at quarter end was 11.2% and our net homebuilding debt-to-total capital ratio was 6.1%, compared to 14.4% and 9.4%, respectively, over the prior year. Despite having only 6% net homebuilding debt to total capital, our owned lot position grew from 37,023 lots at year-end to 39,588 lots as of June 30, 2026, an increase of 7% sequentially and a 11.6% increase year over year." Mr. Brickman concluded, “We have worked hard to build an investment grade balance sheet that gives us flexibility. We believe our strong liquidity and disciplined capital strategy enable us to invest with confidence, remain selective in the opportunities we pursue, and position the Company to capitalize on future growth while continuing to generate attractive returns for shareholders.” Results for the Quarter Ended June 30, 2026 (Dollars in thousands, except per share data) Three Months Ended June 30, 2026 2025 Change New homes delivered 1,047  1,042  0.5  % Total homebuilding revenues $ 481,596  $ 534,563  (9.9) % Homebuilding cost of revenues 336,320  367,049  (8.4) % Total gross profit $ 145,276  $ 167,514  (13.3) % Income before income taxes $ 99,477  $ 112,288  (11.4) % Net income attributable to Green Brick Partners, Inc. $ 74,170  $ 81,948  (9.5) % Diluted net income attributable to Green Brick Partners, Inc. per common share $ 1.70  $ 1.85  (8.1) % Residential units revenue $ 471,996  $ 532,525  (11.4) % Average sales price of homes delivered $ 450.3  $ 511.1  (11.9) % Homebuilding gross margin percentage 29.8  % 31.3  % -150 bps Backlog revenue $ 387,376  $ 507,137  (23.6) % Backlog units 681  730  (6.7) % Homes under construction 2,205  2,204  —  % Three Months Ended June 30, 2026 2025 % Total financial services revenues $ 12,243  $ 6,315  93.9  % Financial services expenses (6,604) (3,351) 97.1  % Financial services operating income $ 5,639  $ 2,964  90.2  % Total originations: Loans 521 146 256.8% Principal $ 196,531  $ 31,374  526.4% Average FICO score 736 745 2 Results for the Six Months Ended June 30, 2026: (Dollars in thousands, except per share data) Six Months Ended June 30, 2026 2025 Change New homes delivered 1,955  1,952  0.2  % Total homebuilding revenues $ 937,583  $ 1,019,016  (8.0) % Homebuilding cost of revenues 660,592  695,717  (5.0) % Total gross profit $ 276,991  $ 323,299  (14.3) % Income before income taxes $ 183,740  $ 218,436  (15.9) % Net income attributable to Green Brick Partners, Inc. $ 135,115  $ 157,007  (13.9) % Diluted net income attributable to Green Brick Partners, Inc. per common share $ 3.09  $ 3.52  (12.2) % Residential units revenue $ 920,483  $ 1,014,674  (9.3) % Average sales price of homes delivered $ 470.3  $ 519.8  (9.5) % Homebuilding gross margin percentage 29.4  % 31.7  % -230 bps Six Months Ended June 30, 2026 2025 % Total financial services revenues $ 21,915  $ 11,182  96.0  % Financial services expenses (11,955) (6,409) 86.5  % Financial services operating income $ 9,960  $ 4,773  108.7  % Total originations: Loans 886 251 253.0% Principal $ 346,886  $ 108,901  218.5% Average FICO score 739 743 Earnings Conference Call: We will host our earnings conference call to discuss our second quarter ended June 30, 2026 at 12:00 p.m. Eastern Time on Thursday, July 30 , 2026. The call can be accessed by dialing 1-800-715-9871 for domestic participants or 1-646-307-1973 for international participants and should reference meeting number 3162560. Participants may also join the call via webcast at: https://events.q4inc.com/attendee/561994773. A telephone replay of the call will be available through August 30, 2026. To access the telephone replay, the domestic dial-in number is 1-800-770-2030, the international dial-in numb er is 1-800-770-2030 an d the access code is 3162560, or by using the link at investors.greenbrickpartners.com. 3 GREEN BRICK PARTNERS, INC. CONSOLIDATED STATEMENTS OF INCOME (In thousands, except per share data) (Unaudited) Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 Revenues Residential units revenue $ 471,996  $ 532,525  $ 920,483  $ 1,014,674  Land and lots revenue 9,600  2,038  17,100  4,342  481,596  534,563  937,583  1,019,016  Financial services revenue $ 12,243  $ 6,315  $ 21,915  $ 11,182  Total revenues 493,839  540,878  959,498  1,030,198  Homebuilding cost of revenues Cost of residential units 331,418  366,072  650,034  693,525  Cost of land and lots 4,902  977  10,558  2,192  336,320  367,049  660,592  695,717  Financial services expenses (6,604) (3,420) (11,955) (6,478) Selling, general and administrative expenses (54,396) (57,437) (106,989) (110,004) Equity in income of unconsolidated entities 611  511  1,731  984  Other income (loss), net 2,347  (1,195) 2,047  (547) Income before income taxes 99,477  112,288  183,740  218,436  Income tax expense 20,699  22,957  39,124  45,180  Net income 78,778  89,331  144,616  173,256  Less: Net income attributable to noncontrolling interests 4,608  7,383  9,501  16,249  Net income attributable to Green Brick Partners, Inc. $ 74,170  $ 81,948  $ 135,115  $ 157,007  Net income attributable to Green Brick Partners, Inc. per common share: Basic $ 1.71  $ 1.86  $ 3.10  $ 3.53  Diluted $ 1.70  $ 1.85  $ 3.09  $ 3.52  Weighted average common shares used in the calculation of net income attributable to Green Brick Partners, Inc. per common share: Basic 43,070  43,770  43,110  44,103  Diluted 43,279  43,824  43,304  44,188  4 GREEN BRICK PARTNERS, INC. CONSOLIDATED BALANCE SHEETS (In thousands, except share data)    (Unaudited) June 30, 2026 December 31, 2025 ASSETS Cash and cash equivalents $ 131,642  $ 154,590  Restricted cash 22,766  36,395  Receivables 28,337  39,982  Real estate inventory: Inventory owned 2,091,391  1,941,524  Consolidated inventory related to VIE 162,498  157,687  Total inventory 2,253,889  2,099,211  Mortgage loans held for sale 34,765  49,099  Investments in unconsolidated entities 77,708  93,050  Right-of-use assets - operating leases 6,740  7,475  Property and equipment, net 6,390  6,316  Earnest money deposits 10,683  13,151  Deferred income tax assets, net 11,243  11,243  Intangible assets, net 154  197  Goodwill 680  680  Other assets 25,754  23,378  Total assets $ 2,610,751  $ 2,534,767  LIABILITIES AND EQUITY Liabilities: Accounts payable $ 110,927  $ 94,516  Accrued expenses 132,602  152,637  Customer and builder deposits 26,422  25,716  Lease liabilities - operating leases 7,844  8,637  Borrowings on lines of credit, net (2,152) (2,465) Warehouse lines of credit 34,632  46,398  Senior unsecured notes, net 237,164  261,972  Notes payable 14,371  14,371  Total liabilities 561,810  601,782  Commitments and contingencies Redeemable noncontrolling interest in equity of consolidated subsidiary 55,035  52,271  Equity: Green Brick Partners, Inc. stockholders’ equity Preferred stock, $0.01 par value: 5,000,000 shares authorized; 2,000 issued and outstanding as of June 30, 2026 and December 31, 2025, respectively 47,603  47,603  Common stock, $0.01 par value: 100,000,000 shares authorized; 43,010,895 issued and outstanding as of June 30, 2026 and 43,205,947 issued and outstanding as of December 31, 2025, respectively 430  432  Additional paid-in capital 241,886  243,816  Retained earnings 1,685,577  1,567,111  Total Green Brick Partners, Inc. stockholders’ equity 1,975,496  1,858,962  Noncontrolling interests 18,410  21,752  Total equity 1,993,906  1,880,714  Total liabilities and equity $ 2,610,751  $ 2,534,767  5 GREEN BRICK PARTNERS, INC. SUPPLEMENTAL INFORMATION (Unaudited) Residential Units Revenue and New Homes Delivered (dollars in thousands) Three Months Ended June 30, Six Months Ended June 30, 2026 2025 Change % 2026 2025 Change % Home closings revenue $ 471,455  $ 532,525  $ (61,070) (11.5)% $ 919,461  $ 1,014,674  $ (95,213) (9.4) % Mechanic’s lien contracts revenue 541  —  541  100% 1,022  —  1,022  100.0  % Residential units revenue $ 471,996  $ 532,525  $ (60,529) (11.4)% $ 920,483  $ 1,014,674  $ (94,191) (9.3) % New homes delivered 1,047  1,042  5  0.5% 1,955  1,952  3  0.2  % Average sales price of homes delivered $ 450.3  $ 511.1  $ (60.8) (11.9)% $ 470.3  $ 519.8  $ (49.5) (9.5) %      Land and Lots Revenue (dollars in thousands) Three Months Ended June 30, Six Months Ended June 30, 2026 2025 Change % 2026 2025 Change % Lots revenue $ —  $ 2,038  $ (2,038) (100)% $ 7,500  $ 4,342  $ 3,158  72.7  % Land revenue 9,600  —  9,600  100.0% 9,600  —  9,600  100.0% Land and lots revenue $ 9,600  $ 2,038  $ 7,562  371% $ 17,100  $ 4,342  $ 12,758  293.8  % Lots closed —  18  (18) (100)% 75  42  33  78.6  % Average sales price of lots closed $ —  $ 113.2  $ (113.2) (100)% $ 100.0  $ 103.4  $ (3.4) (3.3) % New Home Orders and Backlog (dollars in thousands) Three Months Ended June 30, Six Months Ended June 30, 2026 2025 Change % 2026 2025 Change % Net new home orders 1079  908  171  18.8% 2,116  2,014  102  5.1  % Revenue from net new home orders $ 488,627  $ 454,900  $ 33,727  7.4% $ 970,168  $ 1,032,529  $ (62,361) (6.0) % Average selling price of net new home orders $ 452.9  $ 501.0  $ (48.1) (9.6)% $ 458.5  $ 512.7  $ (54.2) (10.6) % Cancellation rate 7.8  % 9.9  % (2.1) % (21.2)% 7.8  % 7.9  % (0.1) % (1.3) % Absorption rate per average active selling community per quarter 10.0  8.9  1.1  12.4% 10.0  9.7  0.3  3.1  % Average active selling communities 108  102  6  5.9% 106  104  2  1.9  % Active selling communities at end of period 106  102  4  3.9% Backlog revenue $ 387,376  $ 507,137  $ (119,761) (23.6)% Backlog units 681  730  (49) (6.7)% Average sales price of backlog $ 568.8  $ 694.7  $ (125.9) (18.1)% 6 GREEN BRICK PARTNERS, INC. SUPPLEMENTAL INFORMATION (Unaudited) June 30, 2026 December 31, 2025 Central (1) Southeast (2) Total Central (1) Southeast (2) Total Lots owned Finished lots 4,212  1,220  5,432  4,518  663  5,181  Lots in communities under development 29,277  1,079  30,356  26,339  1,703  28,042  Land held for future development (3) 3,800  —  3,800  3,800  —  3,800  Total lots owned 37,289  2,299  39,588  34,657  2,366  37,023  Lots under contract Lots and land under option contracts 8,143  1,438  9,581  8,297  955  9,252  Lots under option through unconsolidated development joint ventures 3,009  44  3,053  2,488  65  2,553  Total lots under contract (4) 11,152  1,482  12,634  10,785  1,020  11,805  Total lots owned and under contract (5) 48,441  3,781  52,222  45,442  3,386  48,828  Percentage of lots owned 77.0  % 60.8  % 75.8  % 76.3  % 69.9  % 75.8  % (1)    The Texas market. (2)    The Atlanta and Florida markets. (3)    Land held for future development consists of raw land parcels where development activities have been postponed due to market conditions or other factors. (4)    As of June 30, 2026 and December 31, 2025, 53.3% and 16.6% of the total lots under contract had refundable deposits. (5)    Total lots excludes lots with homes under construction. Non-GAAP Financial Measures In this press release, we utilize certain financial measures that are non-GAAP financial measures as defined by the Securities and Exchange Commission. We present these measures because we believe they and similar measures are useful to management and investors in evaluating our operating performance and financing structure. We also believe these measures facilitate the comparison of our operating performance and financing structure with other companies in our industry. Because these measures are not calculated in accordance with U.S. Generally Accepted Accounting Principles (“GAAP”), they may not be comparable to other similarly titled measures of other companies and should not be considered in isolation or as a substitute for, or superior to, financial measures prepared in accordance with GAAP. The following table represents the non-GAAP measure of net homebuilding debt to total capitalization. Net homebuilding debt to total capitalization is calculated as the total debt less cash and cash equivalents, divided by the sum of total Green Brick Partners, Inc. stockholders’ equity and total debt less homebuilding cash and cash equivalents. The closest GAAP financial measure to the net debt to total capitalization ratio is the debt to total capitalization ratio. The following table represents a reconciliation of the net homebuilding debt to total capitalization ratio as of June 30, 2026: Total capitalization Homebuilding capitalization (1) Gross Cash and cash equivalents Net Gross Cash and cash equivalents Net Total debt, net of debt issuance costs $ 284,015 $ (131,642) $ 152,373 $ 249,383 $ (121,583) $ 127,800 Total Green Brick Partners, Inc. stockholders’ equity 1,975,496 —  1,975,496 1,975,496 —  1,975,496 Total capitalization $ 2,259,511 $ (131,642) $ 2,127,869 $ 2,224,879 $ (121,583) $ 2,103,296 Debt to total capitalization ratio 12.6  % 11.2  % Net debt to total capitalization ratio 7.2  % 6.1  % (1) Homebuilding capitalization ratio excludes cash and debt related to our wholly owned mortgage company. 7 About Green Brick Partners, Inc. Green Brick Partners, Inc (NYSE: GRBK), the third largest homebuilder in Dallas-Fort Worth, is a diversified homebuilding and land development company that operates in Texas, Georgia, and Florida. Green Brick owns five subsidiary homebuilders in Texas (CB JENI Homes, Normandy Homes, Southgate Homes, Trophy Signature Homes, and a 90% interest in Centre Living Homes), as well as a 50% interest in a homebuilder in Atlanta, Georgia (The Providence Group) and an 80% interest in a homebuilder in Port St. Lucie, Florida (GHO Homes). Green Brick also retains interests in related financial services platforms, including Green Brick Title, GRBK Mortgage, and Green Brick Insurance. Green Brick is engaged in all aspects of the homebuilding process, including land acquisition and development, entitlements, design, construction, marketing, and sales for its residential neighborhoods and master-planned communities. For more information about Green Brick Partners Inc.’s subsidiary homebuilders, please visit https://greenbrickpartners.com/brands-services/. Forward-Looking and Cautionary Statements: This press release and our earnings call contain “forward-looking statements” within the meaning of the Private Securities Litigation Act of 1995. These statements concern expectations, beliefs, projections, plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts and typically include the words “anticipate,” “believe,” “consider,” “estimate,” “expect,” “feel,”, “poised,” “intend,” “plan,” “predict,” “seek,” “strategy,” “target,” “will” or other words of similar meaning. Specifically, these statements reflect our beliefs and expectations regarding (i) our strategic advantages, including our unique business model and focus on infill and infill-adjacent locations, and the impact on our future results;(ii) our ability to adapt to evolving market conditions; (iii) our ability to continue to deliver peer-leading gross margins; (iv) our integrated financial services offerings and its impact on our results ; (v) our ability to adjust pricing in order to meet market demand; (vi) our investments in land, lots and development in 2026; (vii) our projections for land development in 2026; (viii) our competitive advantages; (ix) our land pipeline and the impact it will have on our future success; (x) our expectations for Green Brick Mortgage’s capture rate in 2026; (xi) our land position(xii) our lot and land strategy and its impact on our future financial position; (xiii) our ability to successfully implement our growth strategy, including our expectations for expansion and growth of our Trophy brand and the impact that expansion will have on our future results; (xiv) our ability to opportunistically deploy capital to maximize shareholder returns, and to accelerate growth as the housing market improves; (xv) the credit worthiness of our buyers, quality of our product; (xvi) the desirability of our communities; (xvii) our future financial and operational performance; (xviii) the timing of our expansion of Green Brick Mortgage into Atlanta; and (xix) expansion of our financial services through Green Brick Mortgage and Green Brick Insurance. These forward-looking statements reflect our current views about future events and involve estimates and assumptions which may be affected by risks and uncertainties in our business, as well as other external factors, which could cause future results to materially differ from those expressed or implied in any forward-looking statement. These risks include, but are not limited to: (1) general economic conditions, seasonality, cyclicality and competition in the homebuilding industry; (2) changes in macroeconomic conditions, including increasing interest rates and inflation that could adversely impact demand for new homes or the ability of potential buyers to qualify; (3) shortages, delays or increased costs of raw materials and increased demand for materials, or increases in other operating costs, including costs related to labor, real estate taxes and insurance, which in each case exceed our ability to increase prices; (4) significant periods of inflation or deflation; (5) a shortage of labor; (6) an inability to acquire land in our markets at anticipated prices or difficulty in obtaining land-use entitlements; (7) our inability to successfully execute our strategies, including the successful development of our communities within expected time frames and the growth and expansion of our Trophy brand; (8) a failure to recruit, retain or develop highly skilled and competent employees; (9) the geographic concentration of our operations; (10) government regulation risks; (11) adverse changes in the availability or volatility of mortgage financing; (12) severe weather events or natural disasters; (13) difficulty in obtaining sufficient capital to fund our growth; (14) our ability to meet our debt service obligations; (15) a decline in the value of our inventories and resulting write-downs of the carrying value of our real estate assets; (16) our ability to adequately self-insure; and (17) changes in accounting standards that adversely affect our reported earnings or financial condition. Green Brick assumes no obligation to update any forward-looking statements, which speak only as of the date they are made. For a more detailed discussion of these and other risks and uncertainties applicable to Green Brick please see our most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission. Contact: Investor Relations 469-573-6755 IR@greenbrickpartners.com 8