Greenlight Capital Re (GLRE) Gross Margin (2012 - 2026)
Greenlight Capital Re's (GLRE) quarterly Gross Margin came in at 30.73% in Q2 2026, down 735.0% year-over-year from 4.84% in Q2 2025, and down 40.83% quarter-over-quarter from 51.94% in Q1 2026.
Analysis
Greenlight Capital Re (GLRE) Gross Margin (2012 - 2026) Analysis & Trends
Greenlight Capital Re (GLRE) has reported Gross Margin for 15 consecutive years, with 30.73% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin fell 735.0% year-over-year to 30.73% in Q2 2026; TTM through Jun 2026 was 46.11%, a 838.0% increase from a year earlier, with the FY2025 full-year figure at 43.6%, up 499.0% from the prior year.
- Gross Margin was 30.73% for Q2 2026 at Greenlight Capital Re, down from 51.94% in the prior quarter.
- Over five years, Gross Margin peaked at 56.23% in Q4 2022 and troughed at 13.46% in Q4 2024.
- A 5-year average of 41.76% and a median of 42.62% in 2024 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin tumbled 3770 bps in 2024 and surged 3897 bps in 2025, its largest moves.
- Over 5 years, Gross Margin stood at 56.23% in 2022, then declined by 9 bps to 51.16% in 2023, then plunged by 74 bps to 13.46% in 2024, then soared by 289 bps to 52.43% in 2025, then tumbled by 41 bps to 30.73% in 2026.
- The last three Gross Margin figures came in at 30.73% (Q2 2026), 51.94% (Q1 2026), and 52.43% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Reinsurance Group Of America | 16.10 Bn | 10.44 Bn | 2.16 Bn | 32.53% |
| 2 | Everest | 14.42 Bn | -32.94 Bn | 1.79 Bn | 45.22% |
| 3 | Renaissancere Holdings | 13.36 Bn | -13.13 Bn | 1.83 Bn | 65.96% |
| 4 | SiriusPoint | 2.84 Bn | 2.16 Bn | 385.90 Mn | 51.86% |
| 5 | Greenlight Capital Re | 499.94 Mn | -199.72 Mn | 49.73 Mn | 30.73% |
| 6 | Oxbridge Re Holdings | 11.67 Mn | -8.16 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 30.73% |
| Mar 31, 2026 | 51.94% |
| Dec 31, 2025 | 52.43% |
| Sep 30, 2025 | 46.44% |
| Jun 30, 2025 | 38.09% |
| Mar 31, 2025 | 42.39% |
| Dec 31, 2024 | 13.46% |
| Sep 30, 2024 | 50.45% |
| Jun 30, 2024 | 41.65% |
| Mar 31, 2024 | 42.85% |
| Dec 31, 2023 | 51.16% |
| Sep 30, 2023 | 41.98% |
| Jun 30, 2023 | 52.29% |
| Mar 31, 2023 | 37.59% |
| Dec 31, 2022 | 56.23% |
| Sep 30, 2022 | 25.38% |
| Jun 30, 2022 | 49.91% |
| Mar 31, 2022 | 26.78% |
| Dec 31, 2021 | 50.50% |
| Sep 30, 2021 | 20.73% |