Greenlight Capital Re (GLRE) Operating Expenses (2010 - 2026)
Greenlight Capital Re (GLRE) posted quarterly 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 reported Operating Expenses for 17 consecutive years, with $153.8 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses fell 15.68% year-over-year to $153.8 million; the TTM figure through Mar 2026 stood at $622.9 million (down 7.18% YoY), while the FY2025 annual figure was $651.5 million, changed 0.15% from the prior year.
- Operating Expenses declined to $153.8 million in Q1 2026 per GLRE's latest filing, from $159.7 million in the prior quarter.
- Across five years, Operating Expenses topped out at $182.4 million in Q1 2025 and bottomed at $106.6 million in Q2 2022.
- Historically, Operating Expenses has averaged $149.4 million across 5 years, with a median of $152.0 million in 2024.
- Annual changes were most pronounced in 2022 — Operating Expenses decreased 20.37% — and 2023, when it jumped 31.12%.
- Greenlight Capital Re's Operating Expenses stood at $110.8 million in 2022, then gained by 24.5% to $137.9 million in 2023, then increased by 23.42% to $170.2 million in 2024, then retreated by 6.17% to $159.7 million in 2025, then declined 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Reinsurance Group Of America | 15.93 Bn | 10.26 Bn | 2.16 Bn | 6.03 Bn |
| 2 | Everest | 14.29 Bn | -33.07 Bn | 1.79 Bn | 3.28 Bn |
| 3 | Renaissancere Holdings | 13.28 Bn | -13.20 Bn | 1.83 Bn | 1.65 Bn |
| 4 | Hamilton Insurance | 3.50 Bn | -685.35 Mn | 478.09 Mn | 582.31 Mn |
| 5 | SiriusPoint | 2.75 Bn | 2.07 Bn | 385.90 Mn | 659.80 Mn |
| 6 | Greenlight Capital Re | 514.18 Mn | -185.48 Mn | 49.73 Mn | 166.89 Mn |
| 7 | Kestrel | 62.55 Mn | 34.74 Mn | 5.17 Mn | 10.49 Mn |
| 8 | Oxbridge Re Holdings | 10.90 Mn | -8.93 Mn | - | 647,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 166.89 Mn |
| 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 |