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% quarter-over-quarter from 29.39% in Q4 2025.
Greenlight Capital Re (GLRE) Gross Margin (2012 - 2026) Analysis & Trends
Greenlight Capital Re (GLRE) has 15 years of Gross Margin data on file, last reported at 40.86% in Q1 2026.
- Gross Margin for Q1 2026 came in at 40.86%, up 1381.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 36.9% (up 722.0% YoY), and the FY2025 annual result was 37.75%, up 666.0% from the prior year.
- Gross Margin advanced to 40.86% in Q1 2026 per GLRE's latest filing, from 29.39% in the prior quarter.
- Over five years, Gross Margin peaked at 51.16% in Q4 2023 and troughed at 17.14% in Q4 2024.
- A 5-year average of 34.29% and a median of 35.33% in 2023 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2023 and 2024: Gross Margin soared 2329 bps in 2023, then tumbled 3402 bps in 2024.
- A 5-year view of Gross Margin shows it stood at 27.87% in 2022, then jumped by 84 bps to 51.16% in 2023, then sank by 66 bps to 17.14% in 2024, then surged by 71 bps to 29.39% in 2025, then soared by 39 bps to 40.86% in 2026.
- Business Quant data shows GLRE's Gross Margin at 40.86% in Q1 2026, 29.39% in Q4 2025, and 39.35% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Reinsurance Group Of America | 13.65 Bn | 4.66 Bn | -26.00 Mn | -0.57% |
| 2 | Everest | 13.51 Bn | -33.73 Bn | 2.75 Bn | 76.92% |
| 3 | Renaissancere Holdings | 12.72 Bn | 14.32 Bn | 1.21 Bn | 55.17% |
| 4 | Hamilton Insurance | 3.17 Bn | 2.36 Bn | - | - |
| 5 | SiriusPoint | 2.73 Bn | 1.85 Bn | 567.70 Mn | 88.86% |
| 6 | Greenlight Capital Re | 540.25 Mn | 465.17 Mn | 62.99 Mn | 40.86% |
| 7 | Kestrel | 91.87 Mn | 65.07 Mn | 7.94 Mn | 77.88% |
| 8 | Oxbridge Re Holdings | 7.74 Mn | 6.93 Mn | - | - |
| 9 | Reinsurance Group Of America | - | - | -26.00 Mn | -0.57% |
| 10 | Oxbridge Re Holdings | - | - | - | - |
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% |