Greenlight Capital Re (GLRE) Net Income (2010 - 2026)
Greenlight Capital Re (GLRE) posted quarterly Net Income of $35.8 million for Q1 2026, up 20.67% year-over-year from $29.6 million in Q1 2025, and down 27.46% quarter-over-quarter from $49.3 million in Q4 2025.
Greenlight Capital Re (GLRE) Net Income (2010 - 2026) Analysis & Trends
Greenlight Capital Re (GLRE) has reported Net Income for 17 consecutive years, with $35.8 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Income rose 20.67% year-over-year to $35.8 million; the TTM figure through Mar 2026 stood at $81.0 million (up 78.22% YoY), while the FY2025 annual figure was $74.8 million, up 74.78% from the prior year.
- Net Income eased to $35.8 million in Q1 2026 per GLRE's latest filing, from $49.3 million in the prior quarter.
- Across five years, Net Income topped out at $49.9 million in Q2 2023 and bottomed at -$27.4 million in Q4 2024.
- Historically, Net Income has averaged $15.6 million across 5 years, with a median of $14.8 million in 2022.
- Annual changes were most pronounced in 2022 — Net Income surged 2254.78% — and 2024, when it slumped 255.73%.
- Greenlight Capital Re's Net Income stood at $34.8 million in 2022, then tumbled by 49.34% to $17.6 million in 2023, then plunged by 255.73% to -$27.4 million in 2024, then surged by 279.74% to $49.3 million in 2025, then retreated by 27.46% to $35.8 million in 2026.
- Business Quant data shows GLRE's Net Income at $35.8 million in Q1 2026, $49.3 million in Q4 2025, and -$4.4 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Reinsurance Group Of America | 15.93 Bn | 10.26 Bn | 2.16 Bn | 464.00 Mn |
| 2 | Everest | 14.29 Bn | -33.07 Bn | 1.79 Bn | 559.00 Mn |
| 3 | Renaissancere Holdings | 13.28 Bn | -13.20 Bn | 1.83 Bn | 978.34 Mn |
| 4 | Hamilton Insurance | 3.50 Bn | -685.35 Mn | 478.09 Mn | 254.80 Mn |
| 5 | SiriusPoint | 2.75 Bn | 2.07 Bn | 385.90 Mn | 68.50 Mn |
| 6 | Greenlight Capital Re | 514.18 Mn | -185.48 Mn | 49.73 Mn | -29.60 Mn |
| 7 | Kestrel | 62.55 Mn | 34.74 Mn | 5.17 Mn | -8.09 Mn |
| 8 | Oxbridge Re Holdings | 10.90 Mn | -8.93 Mn | - | 292,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -29.60 Mn |
| Mar 31, 2026 | 35.75 Mn |
| Dec 31, 2025 | 49.28 Mn |
| Sep 30, 2025 | -4.41 Mn |
| Jun 30, 2025 | 329,000.00 |
| Mar 31, 2025 | 29.63 Mn |
| Dec 31, 2024 | -27.42 Mn |
| Sep 30, 2024 | 35.24 Mn |
| Jun 30, 2024 | 7.98 Mn |
| Mar 31, 2024 | 27.02 Mn |
| Dec 31, 2023 | 17.61 Mn |
| Sep 30, 2023 | 13.48 Mn |
| Jun 30, 2023 | 49.86 Mn |
| Mar 31, 2023 | 5.89 Mn |
| Dec 31, 2022 | 34.75 Mn |
| Sep 30, 2022 | -18.47 Mn |
| Jun 30, 2022 | 14.79 Mn |
| Mar 31, 2022 | -5.73 Mn |
| Dec 31, 2021 | 24.30 Mn |
| Sep 30, 2021 | -13.85 Mn |