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
DateValue
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%