Green Brick Partners (GRBK) Operating Expenses (2010 - 2026)
Green Brick Partners (GRBK) reported Operating Expenses of $52.6 million for Q1 2026, little changed on a YoY basis from $52.6 million in Q1 2025, and down 10.18% quarter-over-quarter from $58.6 million in Q4 2025.
Green Brick Partners (GRBK) Operating Expenses (2010 - 2026) Analysis & Trends
Green Brick Partners has reported Operating Expenses for 17 years, with the latest figure at $52.6 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses changed 0.05% year-over-year to $52.6 million; the trailing twelve-month figure through Mar 2026 stood at $229.1 million (changed 0.22% YoY), and the FY2025 full-year result was $231.4 million, up 2.12% from the prior year.
- Operating Expenses for Q1 2026 stood at $52.6 million, down from $58.6 million in the prior quarter.
- The five-year high for Operating Expenses was $60.7 million in Q4 2024, with the low at $34.3 million in Q1 2022.
- Historically, Operating Expenses has averaged $50.9 million across 5 years, with a median of $50.9 million in 2023.
- Annual changes were most pronounced in 2023 — Operating Expenses surged 34.09% — and 2025, when it retreated 3.46%.
- Green Brick Partners' Operating Expenses stood at $44.6 million in 2022, then increased by 14.09% to $50.9 million in 2023, then grew by 19.12% to $60.7 million in 2024, then slipped by 3.46% to $58.6 million in 2025, then dropped by 10.18% to $52.6 million in 2026.
- The last three Operating Expenses figures came in at $52.6 million (Q1 2026), $58.6 million (Q4 2025), and $58.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 43.54 Bn | 42.20 Bn | 1.70 Bn | 903.30 Mn |
| 2 | Pultegroup | 23.57 Bn | 21.76 Bn | 881.27 Mn | 380.33 Mn |
| 3 | Lennar | 22.65 Bn | 20.45 Bn | 6.36 Bn | 6.40 Bn |
| 4 | Nvr | 17.80 Bn | 16.15 Bn | 1.31 Bn | 156.97 Mn |
| 5 | Toll Brothers | 13.73 Bn | 12.64 Bn | 604.89 Mn | 258.25 Mn |
| 6 | Taylor Morrison Home | 6.88 Bn | 6.88 Bn | 290.64 Mn | 58.97 Mn |
| 7 | Installed Building Products | 5.53 Bn | 5.05 Bn | 212.30 Mn | 154.70 Mn |
| 8 | Meritage Homes | 4.85 Bn | 4.09 Bn | -269,000.00 | 51.40 Mn |
| 9 | Cavco Industries | 4.56 Bn | 4.52 Bn | 135.92 Mn | 81.36 Mn |
| 10 | Green Brick Partners | 3.07 Bn | 2.94 Bn | 131.72 Mn | 52.59 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 52.59 Mn |
| Dec 31, 2025 | 58.56 Mn |
| Sep 30, 2025 | 58.14 Mn |
| Jun 30, 2025 | 59.77 Mn |
| Mar 31, 2025 | 52.57 Mn |
| Dec 31, 2024 | 60.65 Mn |
| Sep 30, 2024 | 57.74 Mn |
| Jun 30, 2024 | 57.60 Mn |
| Mar 31, 2024 | 50.57 Mn |
| Dec 31, 2023 | 50.92 Mn |
| Sep 30, 2023 | 46.88 Mn |
| Jun 30, 2023 | 49.23 Mn |
| Mar 31, 2023 | 45.95 Mn |
| Dec 31, 2022 | 44.63 Mn |
| Sep 30, 2022 | 43.25 Mn |
| Jun 30, 2022 | 41.80 Mn |
| Mar 31, 2022 | 34.27 Mn |
| Dec 31, 2021 | 37.09 Mn |
| Sep 30, 2021 | 33.71 Mn |
| Jun 30, 2021 | 33.99 Mn |