Greenlight Capital Re (GLRE) Gross Margin (2012 - 2026)
Greenlight Capital Re (GLRE) reported Gross Margin of 40.86% for Q1 2026, up 1381.0% year-over-year from 2.76% in Q1 2025, and up 39.06% on a QoQ basis from 29.39% in Q4 2025.
Greenlight Capital Re (GLRE) has 15 years of Gross Margin data on file, last reported at 40.86% in Q1 2026.
- Quarterly Gross Margin rose 1381.0% year-over-year to 40.86% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 36.9% (up 722.0% YoY) and the FY2025 annual result came in at 37.75%, up 666.0% from the prior year.
- Gross Margin climbed to 40.86% in Q1 2026 per GLRE's latest filing, from 29.39% in the prior quarter.
- Across five years, Gross Margin topped out at 51.16% in Q4 2023 and bottomed at 17.14% in Q4 2024.
- The 5-year median for Gross Margin is 35.33% (2023), against an average of 34.29%.
- The widest annual swing landed in 2023, when Gross Margin jumped 2329 bps; it then sank 3402 bps in 2024.
- Tracing GLRE's Gross Margin over 5 years: stood at 27.87% in 2022, then surged by 84 bps to 51.16% in 2023, then tumbled by 66 bps to 17.14% in 2024, then soared by 71 bps to 29.39% in 2025, then jumped by 39 bps to 40.86% in 2026.
- Per Business Quant, the three latest GLRE Gross Margin figures stand at 40.86% (Q1 2026), 29.39% (Q4 2025), and 39.35% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Everest | 14.15 Bn | -33.10 Bn | 2.75 Bn | 76.92% |
| 2 | Reinsurance Group Of America | 13.91 Bn | 4.92 Bn | -26.00 Mn | -0.57% |
| 3 | Renaissancere Holdings | 12.54 Bn | 14.14 Bn | 1.21 Bn | 55.17% |
| 4 | Hamilton Insurance | 3.14 Bn | 2.33 Bn | - | - |
| 5 | SiriusPoint | 2.72 Bn | 1.83 Bn | 567.70 Mn | 88.86% |
| 6 | Greenlight Capital Re | 577.91 Mn | 502.82 Mn | 62.99 Mn | 40.86% |
| 7 | Oxbridge Re Holdings | 8.03 Mn | 7.22 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 40.86% |
| Dec 31, 2025 | 29.39% |
| Sep 30, 2025 | 39.35% |
| Jun 30, 2025 | 37.49% |
| Mar 31, 2025 | 27.06% |
| Dec 31, 2024 | 17.14% |
| Sep 30, 2024 | 38.66% |
| Jun 30, 2024 | 35.58% |
| Mar 31, 2024 | 32.32% |
| Dec 31, 2023 | 51.16% |
| Sep 30, 2023 | 40.63% |
| Jun 30, 2023 | 35.33% |
| Mar 31, 2023 | 32.19% |
| Dec 31, 2022 | 27.87% |
| Sep 30, 2022 | 25.38% |
| Jun 30, 2022 | 49.91% |
| Mar 31, 2022 | 22.65% |
| Dec 31, 2021 | 50.50% |
| Sep 30, 2021 | 18.54% |
| Jun 30, 2021 | 34.36% |
| Mar 31, 2021 | 36.28% |
| Dec 31, 2020 | 49.89% |
| Sep 30, 2020 | 23.78% |
| Jun 30, 2020 | 22.26% |
| Mar 31, 2020 | 31.82% |
| Dec 31, 2019 | 6.62% |
| Sep 30, 2019 | 32.73% |
| Jun 30, 2019 | 34.84% |
| Mar 31, 2019 | 1.99% |
| Dec 31, 2018 | -6,027.95% |
| Sep 30, 2018 | -166.65% |
| Jun 30, 2018 | 3.71% |
| Mar 31, 2018 | 34.30% |
| Dec 31, 2017 | 13.06% |
| Sep 30, 2017 | 28.47% |
| Jun 30, 2017 | 12.73% |
| Mar 31, 2017 | 31.00% |
| Dec 31, 2016 | 48.44% |
| Sep 30, 2016 | 44.03% |
| Jun 30, 2016 | -26.84% |
| Mar 31, 2016 | 45.47% |
| Dec 31, 2015 | 33.44% |
| Sep 30, 2015 | -8.40% |
| Jun 30, 2015 | 16.40% |
| Mar 31, 2015 | 33.32% |
| Dec 31, 2014 | 61.25% |
| Sep 30, 2014 | 33.29% |
| Jun 30, 2014 | 35.53% |
| Mar 31, 2014 | 39.69% |
| Dec 31, 2013 | 29.70% |
| Sep 30, 2013 | 55.77% |
| Jun 30, 2013 | 41.09% |
| Mar 31, 2013 | 61.24% |
| Dec 31, 2012 | -34.67% |
| Sep 30, 2012 | -8.64% |
| Jun 30, 2012 | 5.97% |
| Mar 31, 2012 | 63.40% |