Greenlight Capital Re (GLRE) Operating Expenses (2010 - 2026)
Greenlight Capital Re (GLRE) reported Operating Expenses of $153.8 million for Q1 2026, down 15.68% year-over-year from $182.4 million in Q1 2025, and down 3.69% quarter-over-quarter from $159.7 million in Q4 2025.
Greenlight Capital Re (GLRE) Operating Expenses (2010 - 2026) Analysis & Trends
Greenlight Capital Re (GLRE) has 17 years of Operating Expenses data on file, last reported at $153.8 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $153.8 million, down 15.68% year-over-year; the trailing twelve-month figure through Mar 2026 was $622.9 million (down 7.18% YoY), and the FY2025 annual result was $651.5 million, changed 0.15% from the prior year.
- Operating Expenses retreated to $153.8 million in Q1 2026 per GLRE's latest filing, from $159.7 million in the prior quarter.
- Over five years, Operating Expenses peaked at $182.4 million in Q1 2025 and troughed at $106.6 million in Q2 2022.
- A 5-year average of $149.4 million and a median of $152.0 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses decreased 20.37% in 2022, then jumped 31.12% in 2023.
- A 5-year view of Operating Expenses shows it stood at $110.8 million in 2022, then rose by 24.5% to $137.9 million in 2023, then grew by 23.42% to $170.2 million in 2024, then fell by 6.17% to $159.7 million in 2025, then dropped by 3.69% to $153.8 million in 2026.
- Business Quant data shows GLRE's Operating Expenses at $153.8 million in Q1 2026, $159.7 million in Q4 2025, and $150.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Reinsurance Group Of America | 13.65 Bn | 4.66 Bn | -26.00 Mn | 6.05 Bn |
| 2 | Everest | 13.51 Bn | -33.73 Bn | 2.75 Bn | 3.33 Bn |
| 3 | Renaissancere Holdings | 12.72 Bn | 14.32 Bn | 1.21 Bn | 1.65 Bn |
| 4 | Hamilton Insurance | 3.17 Bn | 2.36 Bn | - | 539.55 Mn |
| 5 | SiriusPoint | 2.73 Bn | 1.85 Bn | 567.70 Mn | 653.10 Mn |
| 6 | Greenlight Capital Re | 540.25 Mn | 465.17 Mn | 62.99 Mn | 153.80 Mn |
| 7 | Kestrel | 91.87 Mn | 65.07 Mn | 7.94 Mn | 11.74 Mn |
| 8 | Oxbridge Re Holdings | 7.74 Mn | 6.93 Mn | - | 583,000.00 |
| 9 | Reinsurance Group Of America | - | - | -26.00 Mn | 6.05 Bn |
| 10 | Oxbridge Re Holdings | - | - | - | 583,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 153.80 Mn |
| Dec 31, 2025 | 159.69 Mn |
| Sep 30, 2025 | 149.95 Mn |
| Jun 30, 2025 | 159.43 Mn |
| Mar 31, 2025 | 182.39 Mn |
| Dec 31, 2024 | 170.19 Mn |
| Sep 30, 2024 | 152.05 Mn |
| Jun 30, 2024 | 166.45 Mn |
| Mar 31, 2024 | 163.78 Mn |
| Dec 31, 2023 | 137.89 Mn |
| Sep 30, 2023 | 153.42 Mn |
| Jun 30, 2023 | 139.80 Mn |
| Mar 31, 2023 | 149.05 Mn |
| Dec 31, 2022 | 110.76 Mn |
| Sep 30, 2022 | 146.01 Mn |
| Jun 30, 2022 | 106.62 Mn |
| Mar 31, 2022 | 138.77 Mn |
| Dec 31, 2021 | 137.11 Mn |
| Sep 30, 2021 | 153.12 Mn |
| Jun 30, 2021 | 133.89 Mn |