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
DateValue
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