Greenlight Capital Re (GLRE) Cost of Revenue (2012 - 2026)
Greenlight Capital Re (GLRE) posted quarterly Cost of Revenue of $91.2 million for Q1 2026, down 25.82% year-over-year from $122.9 million in Q1 2025, and down 8.88% quarter-over-quarter from $100.0 million in Q4 2025.
Greenlight Capital Re (GLRE) Cost of Revenue (2012 - 2026) Analysis & Trends
Greenlight Capital Re (GLRE) has reported Cost of Revenue for 15 consecutive years, with $91.2 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Cost of Revenue fell 25.82% year-over-year to $91.2 million; the TTM figure through Mar 2026 stood at $379.9 million (down 13.83% YoY), while the FY2025 annual figure was $411.6 million, down 3.67% from the prior year.
- Cost of Revenue declined to $91.2 million in Q1 2026 per GLRE's latest filing, from $100.0 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $122.9 million in Q1 2025 and bottomed at $60.8 million in Q2 2022.
- Historically, Cost of Revenue has averaged $94.5 million across 5 years, with a median of $96.7 million in 2023.
- Annual changes were most pronounced in 2022 — Cost of Revenue slumped 30.05% — and 2024, when it jumped 61.65%.
- Greenlight Capital Re's Cost of Revenue stood at $63.7 million in 2022, then gained by 19.21% to $75.9 million in 2023, then surged by 61.65% to $122.7 million in 2024, then slipped by 18.5% to $100.0 million in 2025, then dropped by 8.88% to $91.2 million in 2026.
- Business Quant data shows GLRE's Cost of Revenue at $91.2 million in Q1 2026, $100.0 million in Q4 2025, and $88.6 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Reinsurance Group Of America | 15.93 Bn | 10.26 Bn | 2.16 Bn | 4.48 Bn |
| 2 | Everest | 14.29 Bn | -33.07 Bn | 1.79 Bn | 2.17 Bn |
| 3 | Renaissancere Holdings | 13.28 Bn | -13.20 Bn | 1.83 Bn | 942.38 Mn |
| 4 | Hamilton Insurance | 3.50 Bn | -685.35 Mn | 478.09 Mn | 361.49 Mn |
| 5 | SiriusPoint | 2.75 Bn | 2.07 Bn | 385.90 Mn | 358.20 Mn |
| 6 | Greenlight Capital Re | 514.18 Mn | -185.48 Mn | 49.73 Mn | 112.08 Mn |
| 7 | Kestrel | 62.55 Mn | 34.74 Mn | 5.17 Mn | 1.52 Mn |
| 8 | Oxbridge Re Holdings | 10.90 Mn | -8.93 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 112.08 Mn |
| Jun 30, 2026 | 112.08 Mn |
| Mar 31, 2026 | 91.16 Mn |
| Mar 31, 2026 | 91.16 Mn |
| Dec 31, 2025 | 100.04 Mn |
| Dec 31, 2025 | 100.04 Mn |
| Sep 30, 2025 | 88.59 Mn |
| Sep 30, 2025 | 88.59 Mn |
| Jun 30, 2025 | 100.08 Mn |
| Jun 30, 2025 | 100.08 Mn |
| Mar 31, 2025 | 122.88 Mn |
| Mar 31, 2025 | 122.88 Mn |
| Dec 31, 2024 | 122.75 Mn |
| Dec 31, 2024 | 122.75 Mn |
| Sep 30, 2024 | 93.17 Mn |
| Sep 30, 2024 | 93.17 Mn |
| Jun 30, 2024 | 102.03 Mn |
| Jun 30, 2024 | 102.03 Mn |
| Mar 31, 2024 | 109.33 Mn |
| Mar 31, 2024 | 109.33 Mn |