Greenlight Capital Re (GLRE) Gross Profit (2012 - 2026)
Greenlight Capital Re (GLRE) posted quarterly Gross Profit of $98.5 million for Q1 2026, up 116.12% year-over-year from $45.6 million in Q1 2025, and up 50.19% quarter-over-quarter from $65.6 million in Q4 2025.
Greenlight Capital Re (GLRE) Gross Profit (2012 - 2026) Analysis & Trends
Greenlight Capital Re (GLRE) has reported Gross Profit for 15 consecutive years, with $98.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Profit rose 116.12% year-over-year to $98.5 million; the TTM figure through Mar 2026 stood at $300.9 million (up 150.47% YoY), while the FY2025 annual figure was $249.6 million, up 29.51% from the prior year.
- Gross Profit advanced to $98.5 million in Q1 2026 per GLRE's latest filing, from $65.6 million in the prior quarter.
- Across five years, Gross Profit topped out at $98.5 million in Q1 2026 and bottomed at -$57.0 million in Q4 2024.
- Historically, Gross Profit has averaged $49.6 million across 5 years, with a median of $58.3 million in 2023.
- Annual changes were most pronounced in 2024 — Gross Profit plunged 192.62% — and 2025, when it soared 215.11%.
- Greenlight Capital Re's Gross Profit stood at $24.6 million in 2022, then surged by 149.94% to $61.5 million in 2023, then slumped by 192.62% to -$57.0 million in 2024, then jumped by 215.11% to $65.6 million in 2025, then soared by 50.19% to $98.5 million in 2026.
- Business Quant data shows GLRE's Gross Profit at $98.5 million in Q1 2026, $65.6 million in Q4 2025, and $76.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Reinsurance Group Of America | 15.93 Bn | 10.26 Bn | 2.16 Bn |
| 2 | Everest | 14.29 Bn | -33.07 Bn | 1.79 Bn |
| 3 | Renaissancere Holdings | 13.28 Bn | -13.20 Bn | 1.83 Bn |
| 4 | Hamilton Insurance | 3.50 Bn | -685.35 Mn | 478.09 Mn |
| 5 | SiriusPoint | 2.75 Bn | 2.07 Bn | 385.90 Mn |
| 6 | Greenlight Capital Re | 514.18 Mn | -185.48 Mn | 49.73 Mn |
| 7 | Kestrel | 62.55 Mn | 34.74 Mn | 5.17 Mn |
| 8 | Oxbridge Re Holdings | 10.90 Mn | -8.93 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 49.73 Mn |
| Jun 30, 2026 | 49.73 Mn |
| Mar 31, 2026 | 98.51 Mn |
| Mar 31, 2026 | 98.51 Mn |
| Dec 31, 2025 | 65.59 Mn |
| Dec 31, 2025 | 65.59 Mn |
| Sep 30, 2025 | 76.83 Mn |
| Sep 30, 2025 | 76.83 Mn |
| Jun 30, 2025 | 60.03 Mn |
| Jun 30, 2025 | 60.03 Mn |
| Mar 31, 2025 | 45.58 Mn |
| Mar 31, 2025 | 45.58 Mn |
| Dec 31, 2024 | -56.98 Mn |
| Dec 31, 2024 | -56.98 Mn |
| Sep 30, 2024 | 58.72 Mn |
| Sep 30, 2024 | 58.72 Mn |
| Jun 30, 2024 | 72.83 Mn |
| Jun 30, 2024 | 72.83 Mn |
| Mar 31, 2024 | 52.21 Mn |
| Mar 31, 2024 | 52.21 Mn |