• Green Brick Partners plans to amend its 2025 annual report to restate financial statements for 2023-2025 following an accounting error in residential units revenue presentation.
• Residential units revenue had been reported on a gross basis while excluding homebuyer closing cost incentives, including interest-rate buy-downs, that were previously recorded in cost of residential units.
• Restatement is expected to reduce reported residential units revenue and average sales price while lowering homebuilding cost of revenues.
• Gross margin percentage will increase, but gross profit, operating income, net income, earnings per share, cash flow, stockholders’ equity, debt covenant compliance, and underlying economics are expected to remain unchanged.
• Preliminary results show 2025 residential units revenue restated to $2.03 billion from $2.09 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Green Brick Partners Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-028348), on April 29, 2026, and is solely responsible for the information contained therein.