Operator

Hello, and welcome to the Green Brick Partners, Inc. First Quarter 2026 Earnings Call. [Operator Instructions]

I would now like to turn the conference over to Jeff Cox, Chief Financial Officer. Please go ahead.

Jeffery Cox
CFO & Principal Accounting Officer

Good afternoon, and welcome to Green Brick Partners earnings call for the first quarter ended March 31, 2026. Following today's remarks, we will hold a Q&A session. As a reminder, this call is being recorded and will be available for playback. In addition, a presentation will accompany today's webcast, which is available on the company's Investor Relations website at investors.greenbrickpartners.com.

On the call today is Jim Brickman, Co-Founder and Chief Executive Officer; Jed Dolson, President and Chief Operating Officer; and myself, Jeff Cox, Chief Financial Officer.

Some of the information discussed on this call is forward-looking, including a discussion of the company's financial and operational expectations for 2026 and beyond. In yesterday's press release, the company detailed material risks that may cause its future results to differ from its expectations. The company's statements are as of today, April 30, 2026, and the company has no obligation to update any forward-looking statements it may make.

The comments also include non-GAAP financial metrics. A reconciliation of these metrics and the other information required by Regulation G can be found in the earnings release that the company issued yesterday and