Greenlight Capital Re (GLRE) Gross Margin (2012 - 2026)
Greenlight Capital Re (GLRE) posted quarterly Gross Margin of 51.94% for Q1 2026, up 2488.0% year-over-year from 2.01% in Q1 2025, and up 31.16% quarter-over-quarter from 39.6% in Q4 2025.
Greenlight Capital Re (GLRE) Gross Margin (2012 - 2026) Analysis & Trends
Greenlight Capital Re (GLRE) has reported Gross Margin for 15 consecutive years, with 51.94% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin rose 2488.0% year-over-year to 51.94%; the TTM figure through Mar 2026 stood at 44.2% (up 2279.0% YoY), while the FY2025 annual figure was 37.75%, up 666.0% from the prior year.
- Gross Margin improved to 51.94% in Q1 2026 per GLRE's latest filing, from 39.6% in the prior quarter.
- Across five years, Gross Margin topped out at 51.94% in Q1 2026 and bottomed at 86.63% in Q4 2024.
- Historically, Gross Margin has averaged 29.76% across 5 years, with a median of 37.59% in 2023.
- Annual changes were most pronounced in 2022 — Gross Margin surged 429267 bps — and 2024, when it slumped 13138 bps.
- Greenlight Capital Re's Gross Margin stood at 27.87% in 2022, then surged by 61 bps to 44.75% in 2023, then tumbled by 294 bps to 86.63% in 2024, then soared by 146 bps to 39.6% in 2025, then soared by 31 bps to 51.94% in 2026.
- Business Quant data shows GLRE's Gross Margin at 51.94% in Q1 2026, 39.6% in Q4 2025, and 46.44% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Reinsurance Group Of America | 15.93 Bn | 10.26 Bn | 2.16 Bn | 32.53% |
| 2 | Everest | 14.29 Bn | -33.07 Bn | 1.79 Bn | 45.22% |
| 3 | Renaissancere Holdings | 13.28 Bn | -13.20 Bn | 1.83 Bn | 65.96% |
| 4 | Hamilton Insurance | 3.50 Bn | -685.35 Mn | 478.09 Mn | 56.94% |
| 5 | SiriusPoint | 2.75 Bn | 2.07 Bn | 385.90 Mn | 51.86% |
| 6 | Greenlight Capital Re | 514.18 Mn | -185.48 Mn | 49.73 Mn | 30.73% |
| 7 | Kestrel | 62.55 Mn | 34.74 Mn | 5.17 Mn | 77.34% |
| 8 | Oxbridge Re Holdings | 10.90 Mn | -8.93 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 30.73% |
| Mar 31, 2026 | 51.94% |
| Dec 31, 2025 | 39.60% |
| Sep 30, 2025 | 46.44% |
| Jun 30, 2025 | 37.49% |
| Mar 31, 2025 | 27.06% |
| Dec 31, 2024 | -86.63% |
| Sep 30, 2024 | 38.66% |
| Jun 30, 2024 | 41.65% |
| Mar 31, 2024 | 32.32% |
| Dec 31, 2023 | 44.75% |
| Sep 30, 2023 | 41.98% |
| Jun 30, 2023 | 35.33% |
| Mar 31, 2023 | 37.59% |
| Dec 31, 2022 | 27.87% |
| Sep 30, 2022 | 22.46% |
| Jun 30, 2022 | 44.82% |
| Mar 31, 2022 | 22.65% |
| Dec 31, 2021 | 56.85% |
| Sep 30, 2021 | 20.73% |