Green Brick Partners (GRBK) Operating Expenses (2010 - 2026)
Green Brick Partners (GRBK) posted Operating Expenses of $52.6 million for Q1 2026, down 10.18% on a QoQ basis from $58.6 million in Q4 2025, and little changed year-over-year from $52.6 million in Q1 2025.
Green Brick Partners (GRBK) Operating Expenses (2010 - 2026) Analysis & Trends
Green Brick Partners' Operating Expenses history runs 17 years deep, the most recent figure standing at $52.6 million for Q1 2026.
- Quarterly Operating Expenses changed 0.05% year-over-year to $52.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $229.1 million (changed 0.22% YoY) and the FY2025 annual result came in at $231.4 million, up 2.12% from the prior year.
- Operating Expenses was $52.6 million for Q1 2026 at Green Brick Partners, down from $58.6 million in the prior quarter.
- Across five years, Operating Expenses topped out at $60.7 million in Q4 2024 and bottomed at $34.3 million in Q1 2022.
- A 5-year average of $50.9 million and a median of $50.9 million in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2023 — Operating Expenses surged 34.09% — and 2025, when it dropped 3.46%.
- Green Brick Partners' Operating Expenses stood at $44.6 million in 2022, then gained by 14.09% to $50.9 million in 2023, then rose by 19.12% to $60.7 million in 2024, then declined by 3.46% to $58.6 million in 2025, then fell by 10.18% to $52.6 million in 2026.
- Business Quant data shows GRBK's Operating Expenses at $52.6 million in Q1 2026, $58.6 million in Q4 2025, and $58.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 40.90 Bn | 39.56 Bn | 2.15 Bn | 991.20 Mn |
| 2 | Pultegroup | 23.36 Bn | 22.03 Bn | 3.92 Bn | 382.97 Mn |
| 3 | Lennar | 19.77 Bn | 19.63 Bn | 7.69 Bn | 7.54 Bn |
| 4 | Nvr | 17.18 Bn | 15.54 Bn | 1.31 Bn | 156.97 Mn |
| 5 | Toll Brothers | 15.08 Bn | 13.99 Bn | 604.89 Mn | 258.25 Mn |
| 6 | Taylor Morrison Home | 6.96 Bn | 6.31 Bn | 290.64 Mn | 148.85 Mn |
| 7 | Installed Building Products | 5.97 Bn | 5.50 Bn | 212.30 Mn | 154.70 Mn |
| 8 | Meritage Homes | 4.78 Bn | 4.01 Bn | 68.61 Mn | 130.87 Mn |
| 9 | Champion Homes | 4.47 Bn | 3.81 Bn | 172.19 Mn | 109.73 Mn |
| 10 | Green Brick Partners | 3.06 Bn | 2.93 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 |