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GREEN BRICK PARTNERS Exhibit 99 GREEN BRICK PARTNERS , INC . REPORTS RECORD FIRST QUARTER 2021 RESULTS QUARTERLY DILUTED EARNINGS PER SHARE OF $ 0.51 VS $ 0.31 , UP 64.5 % BACKLOG OF $ 995.7 MILLION , UP 133.0 % NET NEW HOME ORDERS UP 71.2 % HOME BUILDING GROSS MARGIN UP 230 BPS LOTS OWNED AND CONTROLLED UP 118.1 % PLANO , Texas , May 4 , 2021 - Green Brick Partners , Inc. ( Nasdaq : GRBK ) ( " we , " " Green Brick " or the " Company " ) today reported record results for its first quarter ended March 31 , 2021 . Jim Brickman , Chief Executive Officer , said , “ We just reported the best first quarter in the history of the Company where net income attributable to Green Brick over the last twelve months through March 31 , 2021 grew to $ 123.7 million , a 100 % increase over the prior twelve - month period . Our first quarter net orders of 1,082 homes and ending backlog of $ 996 million both represent all - time records for the Company , up 28 % and 45 % over Q4 2020 record levels . To meet the unprecedented demand , Green Brick started a record 2,043 homes in the last six months and ended the quarter with 2,303 units under construction , a 62 % increase from a year ago . We feel confident that our efforts will produce heightened earnings beginning next quarter and each successive quarter this year . " Results for the Quarter Ended March 31 , 2021 : For the three months ended March 31 , 2021 , our net new home orders and home starts reflect a record for any quarter since the Company's inception . Homes under construction , backlog , and lots owned and controlled also represent a record as of the end of any quarter . ( Dollars in thousands , except per share data ) Net new home orders New homes delivered Total revenues Total cost of revenues Total gross profit Net income attributable to Green Brick Partners , Inc. Three Months Ended March 31 , 2021 2020 Increase 1,082 516 632 71.2 % 448 15.2 % $ 234,479 $ 213,267 9.9 % 175,490 164,298 6.8 % $ 58,989 $ 48,969 20.5 % $ 25,969 $ 15,917 63.2 % Diluted net income attributable to Green Brick Partners , Inc. per share $ 0.51 $ 0.31 64.5 % Residential units revenue $ Homebuilding gross margin percentage 217,236 25.4 % $ 191,187 13.6 % 23.1 % 230 bps Backlog Lots owned and controlled 995,743 $ 18,939 427,322 133.0 % 8,684 118.1 % Homes under construction 2,303 1,418 62.4 % Average active selling communities 96 94 2.1 % Net income attributable to Green Brick Partners , Inc. as a percentage of the average total Green Brick Partners , Inc. stockholders ' equity 15.9 % 11.9 % 400 bps " This rapid uptick in sales and starts has not been at the cost of our land pipeline , " said Rick Costello , Chief Financial Officer . “ During the quarter , we acquired approximately 5,600 homesites , expanding our total lots owned and controlled by 118 % over the 1