Earnings release
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Exhibit 99 GREEN BRICK PARTNERS, INC. REPORTS THIRD QUARTER 2026 RESULTS PLANO, Texas, October 28, 2026 — Green Brick Partners, Inc. (NYSE: GRBK) (“Green Brick,” “we,” or the “Company”), today announced results for its third quarter ended September 30, 2026. Net income attributable to Green Brick in the third quarter was $59 million or $1.35 per diluted share, compared to net income attributable to Green Brick in the third quarter of 2025 of $78 million, or $1.77 per diluted share. 2026 THIRD QUARTER HIGHLIGHTS • Net new home orders of 926, up 3% year over year • New home deliveries of 978, up 3% year over year • Homebuilding gross margins of 28.0% • Backlog of 629 homes with a dollar value of $379 million • Home closing revenue of $437 million • Book value of $46.10 per share increased 14% year over year • Retired $50 million of 4.00% senior notes due August 2026 • Quarter-end liquidity of $325 million, including $100 million of cash • Homebuilding debt to total capital of 13.1%; net homebuilding debt to total capital of 9.6% • Cancellation rate of 8.2% • Repurchased 264,215 shares of common stock for approximately $17.9 million Jim Brickman, Co-CEO and Co-Founder said, "Our third quarter results demonstrate the resilience of Green Brick's differentiated operating model in a challenging housing environment. Despite continued affordability pressures, broader economic uncertainty and an increasing rate environment, demand across our markets remained resilient as buyers responded to our incentive strategy and attractive product offerings, particularly within Trophy Signature Homes. We continue to respond to deteriorating market conditions to maintain sales pace. Net new home orders of 926 was a 3% increase from the prior year, our sales pace declined slightly to 2.8 sales per community, and our cancellation rate was relatively low at 8.2%. While incentives on the company's growing new orders were elevated at 11% we were still able to maintain industry leading gross margins of 28.0%. We believe these results demonstrate the value of our communities and the ability of our operators to balance price, pace and profitability as market conditions evolve." Jed Dolson, Co-CEO said, "Our third quarter results reflect disciplined execution, the continued growth of our Trophy Signature Homesbrand in our core Texas markets, and the benefits of our long-standing strategy of owning and self-developing land in desirable infill and infill-adjacent submarkets. By securing land positions well in advance of home deliveries, we believe we have largely locked in our lot costs and are less exposed to inflation in finished lot pricing than many builders that rely primarily on third-party developers." "Our financial services operations also continued to gain scale," added Mr. Dolson. "Financial services operating income for the quarter increased 69% year over year to $5.6 million and approximately $16 million for the first nine months of the year. Green Brick Mortgage continued to increase its capture in our core Texas markets, enhancing the homebuying experience while providing an additional source of earnings growth." During the quarter, Green Brick retired $50 million of 4.00% senior notes and repurchased approximately $17.9 million of common stock while continuing to invest in our land pipeline. The company ended the quarter with $325 million of liquidity, homebuilding debt to total capital of 13.1% and net homebuilding debt to total capital of 9.6%, compared to 15.3% and 9.5%, respectively, over the prior year. At the same time, our owned lot position increased to 40,869 as of September 30, 2026, up 11.4% year over year and book value per share increased 14% to $46.10. 1
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Mr. Brickman concluded, “We maintained a balance sheet with investment-grade characteristics, supported by low leverage, substantial liquidity, and significant financial flexibility, enabling Green Brick to remain patient and selective while continuing to invest through the current down-cycle. We believe our combination of resilient demand, differentiated margins, low leverage and a well-located land pipeline positions us to navigate the current environment and capitalize on future growth opportunities while continuing to generate attractive long- term returns for shareholders." Results for the Quarter Ended September 30, 2026 (Dollars in thousands, except per share data) Three Months Ended September 30, 2026 2025 Change New homes delivered 978 953 2.6 % Total homebuilding revenues $ 437,043 $ 484,216 (9.7)% Homebuilding cost of revenues 314,475 328,754 (4.3)% Total gross profit $ 122,568 $ 155,462 (21.2)% Income before income taxes $ 77,975 $ 106,635 (26.9)% Net income attributable to Green Brick Partners, Inc. $ 59,160 $ 77,853 (24.0)% Diluted net income attributable to Green Brick Partners, Inc. per commonshare $ 1.35 $ 1.77 (23.7)% Residential units revenue $ 437,043 $ 484,216 (9.7)% Average sales price of homes delivered $ 446.7 $ 508.1 (12.1)% Homebuilding gross margin percentage 28.0 % 32.1 % -410 bps Backlog revenue $ 379,345 $ 456,783 (17.0)% Backlog units 629 675 (6.8)% Homes under construction 2,181 2,202 (1.0)% Three Months Ended September 30, 2026 2025 % Total financial services revenues $ 11,161 $ 7,350 51.9 % Financial services expenses (5,557) (4,033) 37.8 % Financial services operating income $ 5,604 $ 3,317 68.9 % Total originations: Loans 499 351 42.2% Principal $ 185,042 $ 136,469 35.6% Average FICO score 734 740 2
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Results for the Nine Months Ended September 30, 2026: (Dollars in thousands, except per share data) Nine Months Ended September 30, 2026 2025 Change New homes delivered 2,933 2,905 1.0 % Total homebuilding revenues $ 1,374,626 $ 1,503,232 (8.6)% Homebuilding cost of revenues 975,067 1,024,471 (4.8)% Total gross profit $ 399,559 $ 478,761 (16.5)% Income before income taxes $ 261,715 $ 325,071 (19.5)% Net income attributable to Green Brick Partners, Inc. $ 194,275 $ 234,860 (17.3)% Diluted net income attributable to Green Brick Partners, Inc. per commonshare $ 4.44 $ 5.29 (16.1)% Residential units revenue $ 1,357,526 $ 1,498,890 (9.4)% Average sales price of homes delivered $ 462.5 $ 516.0 (10.4)% Homebuilding gross margin percentage 29.0 % 31.8 % -280 bps Nine Months Ended September 30, 2026 2025 % Total financial services revenues $ 33,076 $ 18,532 78.5 % Financial services expenses (17,512) (10,442) 67.7 % Financial services operating income $ 15,564 $ 8,090 92.4 % Total originations: Loans 1385 602 130.1% Principal $ 531,928 $ 245,370 116.8% Average FICO score 737 741 Earnings Conference Call: We will host our earnings conference call to discuss our third quarter ended September 30, 2026 at 12:00 p.m. Eastern Time on Thursday,October 29, 2026. The call can be accessed by dialing 1-833-461-5787 for domestic participants or 1-585-542-9983 for international participants and should reference meeting number 508 067 954. Participants may also join the call via webcast at: https://events.q4inc.com/attendee/508067954. A telephone replay of the call will be available through November 30, 2026. To access the telephone replay, the domestic dial-in number is 1-833-309-1852 and the access code is 508 067 954, or by using the link at investors.greenbrickpartners.com. 3
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GREEN BRICK PARTNERS, INC. CONSOLIDATED STATEMENTS OF INCOME (In thousands, except per share data) (Unaudited) Three Months Ended September 30, Nine Months Ended September 30, 2026 2025 2026 2025 Revenues Residential units revenue $ 437,043 $ 484,216 $ 1,357,526 $ 1,498,890 Land and lots revenue — — 17,100 4,342 437,043 484,216 1,374,626 1,503,232 Financial services revenue $ 11,161 $ 7,350 $ 33,076 $ 18,532 Total revenues 448,204 491,566 1,407,702 1,521,764 Homebuilding cost of revenues Cost of residential units 314,475 328,754 964,509 1,022,279 Cost of land and lots — — 10,558 2,192 314,475 328,754 975,067 1,024,471 Financial services expenses (5,557) (4,102) (17,512) (10,580) Selling, general and administrative expenses (51,761) (55,223) (158,750) (165,227) Equity in income of unconsolidated entities 367 422 2,098 1,406 Other income, net 1,197 2,726 3,244 2,179 Income before income taxes 77,975 106,635 261,715 325,071 Income tax expense 16,559 23,226 55,683 68,406 Net income 61,416 83,409 206,032 256,665 Less: Net income attributable to noncontrolling interests 2,256 5,556 11,757 21,805 Net income attributable to Green Brick Partners, Inc. $ 59,160 $ 77,853 $ 194,275 $ 234,860 Net income attributable to Green Brick Partners, Inc. percommon share: Basic $ 1.36 $ 1.77 $ 4.46 $ 5.30 Diluted $ 1.35 $ 1.77 $ 4.44 $ 5.29 Weighted average common shares used in the calculation of netincome attributable to Green Brick Partners, Inc. per commonshare: Basic 42,958 43,541 43,059 43,914 Diluted 43,204 43,632 43,283 44,031 4
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GREEN BRICK PARTNERS, INC. CONSOLIDATED BALANCE SHEETS (In thousands, except share data) (Unaudited) September 30, 2026 December 31, 2025 ASSETS Cash and cash equivalents $ 99,970 $ 154,590 Restricted cash 25,615 36,395 Receivables 24,891 39,982 Real estate inventory: Inventory owned 2,149,081 1,941,524 Consolidated inventory related to VIE 189,403 157,687 Total inventory 2,338,484 2,099,211 Mortgage loans held for sale 33,143 49,099 Investments in unconsolidated entities 86,862 93,050 Right-of-use assets - operating leases 6,396 7,475 Property and equipment, net 6,570 6,316 Earnest money deposits 15,280 13,151 Deferred income tax assets, net 11,243 11,243 Intangible assets, net 133 197 Goodwill 680 680 Other assets 26,680 23,378 Total assets $ 2,675,947 $ 2,534,767 LIABILITIES AND EQUITY Liabilities: Accounts payable $ 104,062 $ 94,516 Accrued expenses 105,042 152,637 Customer and builder deposits 27,983 25,716 Lease liabilities - operating leases 7,464 8,637 Borrowings on lines of credit, net 103,071 (2,465) Warehouse lines of credit 33,355 46,398 Senior unsecured notes, net 187,219 261,972 Notes payable 14,371 14,371 Total liabilities 582,567 601,782 Commitments and contingencies Redeemable noncontrolling interest in equity of consolidated subsidiary 56,307 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 ofSeptember 30, 2026 and December 31, 2025, respectively 47,603 47,603 Common stock, $0.01 par value: 100,000,000 shares authorized; 42,743,015 issued and outstanding asof September 30, 2026 and 43,205,947 issued and outstanding as of December 31, 2025, respectively427 432 Additional paid-in capital 242,802 243,816 Retained earnings 1,727,412 1,567,111 Total Green Brick Partners, Inc. stockholders’ equity 2,018,244 1,858,962 Noncontrolling interests 18,829 21,752 Total equity 2,037,073 1,880,714 Total liabilities and equity $ 2,675,947 $ 2,534,767 5
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GREEN BRICK PARTNERS, INC. SUPPLEMENTAL INFORMATION (Unaudited) Residential Units Revenueand New Homes Delivered(dollars in thousands) Three Months EndedSeptember 30, Nine Months Ended September30, 2026 2025 Change % 2026 2025 Change % Home closings revenue$ 436,919 $ 484,184 $ (47,265) (9.8)% $ 1,356,380 $ 1,498,858 $ (142,478) (9.5)% Mechanic’s lien contractsrevenue 124 32 92 287.5% 1,146 32 1,114 3,481.3 % Residential units revenue$ 437,043 $ 484,216 $ (47,173) (9.7)% $ 1,357,526 $ 1,498,890 $ (141,364) (9.4)% New homes delivered 978 953 25 2.6% 2,933 2,905 28 1.0 % Average sales price ofhomes delivered $ 446.7 $ 508.1 $ (61.4) (12.1)% $ 462.5 $ 516.0 $ (53.5) (10.4)% Land and Lots Revenue(dollars in thousands) Three Months EndedSeptember 30, Nine Months Ended September30, 2026 2025 Change % 2026 2025 Change % Lots revenue $ — $ — $ — —% $ 7,500 $ 4,342 $ 3,158 72.7 % Land revenue — — — —% 9,600 — 9,600 100.0% Land and lots revenue $ — $ — $ — —% $ 17,100 $ 4,342 $ 12,758 293.8 % Lots closed — — — —% 75 42 33 78.6 % Average sales price of lotsclosed $ — $ — $ — —% $ 100.0 $ 103.4 $ (3.4) (3.3)% New Home Orders andBacklog(dollars in thousands) Three Months Ended September30, Nine Months Ended September 30, 2026 2025 Change % 2026 2025 Change % Net new home orders 926 898 28 3.1% 3,042 2,912 130 4.5 % Revenue from net newhome orders $ 428,877 $ 433,862 $ (4,985) (1.1)% $ 1,391,120 $ 1,513,535 $ (122,415) (8.1)% Average selling priceof net new homeorders $ 463.2 $ 483.1 $ (19.9) (4.1)% $ 457.3 $ 519.8 $ (62.5) (12.0)% Cancellation rate 8.2 % 6.7 % 1.5 % 22.4% 7.9 % 7.5 % 0.4 % 5.3 % Absorption rate peraverage active sellingcommunity per quarter 8.5 8.7 (0.2) (2.3)% 9.5 9.3 0.2 2.2 % Average active sellingcommunities 109 103 6 5.8% 107 104 3 2.9 % Active sellingcommunities at end ofperiod 104 100 4 4.0% Backlog revenue $ 379,345 $ 456,783 $ (77,438) (17.0)% Backlog units 629 675 (46) (6.8)% Average sales price ofbacklog $ 603.1 $ 676.7 $ (73.6) (10.9)% 6
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GREEN BRICK PARTNERS, INC. SUPPLEMENTAL INFORMATION (Unaudited) September 30, 2026 December 31, 2025 Central Southeast Total Central Southeast Total Lots owned Finished lots 4,406 1,166 5,572 4,518 663 5,181 Lots in communities under development 30,508 989 31,497 26,339 1,703 28,042 Land held for future development 3,800 — 3,800 3,800 — 3,800 Total lots owned 38,714 2,155 40,869 34,657 2,366 37,023 Lots under contract Lots and land under option contracts 5,895 1,658 7,553 8,297 955 9,252 Lots under option through unconsolidateddevelopment joint ventures 2,985 28 3,013 2,488 65 2,553 Total lots under contract 8,880 1,686 10,566 10,785 1,020 11,805 Total lots owned and under contract 47,594 3,841 51,435 45,442 3,386 48,828 Percentage of lots owned 81.3 % 56.1 % 79.5 % 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 September 30, 2026 and December 31, 2025, 28.6% 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. Homebuilding debt to total capitalization ratio is calculated as the sum of borrowings on lines of credit, the senior unsecured notes, and notes payable, net of debt issuance costs (“total debt”), divided by the total capitalization, which equals the sum of Green Brick Partners, Inc. stockholders’ equity and total debt. The following table represents a reconciliation of the net homebuilding debt to total capitalization ratio as of September 30, 2026: Total capitalization Homebuilding capitalization Gross Cash and cashequivalents Net Gross Cash and cashequivalents Net Total debt, net of debt issuance costs$ 338,016 $ (99,970) $ 238,046 $ 304,661 $ (90,277) $ 214,384 Total Green Brick Partners, Inc.stockholders’ equity 2,018,244 — 2,018,244 2,018,244 — 2,018,244 Total capitalization $ 2,356,260 $ (99,970) $ 2,256,290 $ 2,322,905 $ (90,277) $ 2,232,628 Debt to total capitalization ratio 14.3 % 13.1 % Net debt to total capitalization ratio 10.6 % 9.6 % (1) Homebuilding capitalization ratio excludes cash and debt related to our wholly owned mortgage company. (1) (2) (1) (2) (3) (4) (5) (1) 7
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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) the ability of our operators to balance price, pace and profitability as market conditions evolve; (ii) our ability to navigate the current environment and capitalize on future growth opportunities while continuing to generate attractive long-term returns; (iii) our belief regarding our lot costs and our exposure to inflation; (iv) the resiliency of our demand; (v) our strategic advantages, including our unique business model and focus on infill and infill-adjacent locations, and the impact on our future results; (vi) the opportunities created by cyclical downturns; (vii) our ability to minimalize our exposure to costinflation and fees; (viii) our ability to continue to deliver peer-leading gross margins; (ix) our integrated financial services offerings and its impact on our results; (x) our ability to adjust pricing in order to meet market demand; (xi) our investments in land, lots and development in 2026; (xii) our projections for land development in 2026; (xiii) our competitive advantages; (xiv) our land pipeline and the impact it will have on our future success; (xv) our expectations for Green Brick Mortgage’s capture rate in 2026; (xvi) our land position; (xvii) our lot and land strategy and its impact on our future financial position; (xviii) our expectations for expansion and growth of our Trophy brand and the impact that expansion will have on our future results; (xxix) our ability to opportunistically deploy capital to maximize shareholder returns, and to accelerate growth as the housing market improves; (xx) the desirability of our communities; (xxi) our future financial and operational performance; (xxii) the timing of our expansion of Green Brick Mortgage; and (xxiii) 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 atanticipated 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