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% on a QoQ basis from $159.7 million in Q4 2025.
Greenlight Capital Re (GLRE) has 17 years of Operating Expenses data on file, last reported at $153.8 million in Q1 2026.
- Quarterly Operating Expenses fell 15.68% year-over-year to $153.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $622.9 million (down 7.18% YoY) and the FY2025 annual result came in at $651.5 million, changed 0.15% from the prior year.
- Operating Expenses slipped 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.
- The 5-year median for Operating Expenses is $152.0 million (2024), against an average of $149.4 million.
- The widest annual swing landed in 2022, when Operating Expenses fell 20.37%; it then surged 31.12% in 2023.
- Tracing GLRE's Operating Expenses over 5 years: stood at $110.8 million in 2022, then grew by 24.5% to $137.9 million in 2023, then advanced by 23.42% to $170.2 million in 2024, then dropped by 6.17% to $159.7 million in 2025, then decreased by 3.69% to $153.8 million in 2026.
- Per Business Quant, the three latest GLRE Operating Expenses figures stand at $153.8 million (Q1 2026), $159.7 million (Q4 2025), and $150.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Everest | 14.15 Bn | -33.10 Bn | 2.75 Bn | 3.33 Bn |
| 2 | Reinsurance Group Of America | 13.91 Bn | 4.92 Bn | -26.00 Mn | 6.05 Bn |
| 3 | Renaissancere Holdings | 12.54 Bn | 14.14 Bn | 1.21 Bn | 1.65 Bn |
| 4 | Hamilton Insurance | 3.14 Bn | 2.33 Bn | - | 539.55 Mn |
| 5 | SiriusPoint | 2.72 Bn | 1.83 Bn | 567.70 Mn | 653.10 Mn |
| 6 | Greenlight Capital Re | 577.91 Mn | 502.82 Mn | 62.99 Mn | 153.80 Mn |
| 7 | Oxbridge Re Holdings | 8.03 Mn | 7.22 Mn | - | 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 |
| Mar 31, 2021 | 143.13 Mn |
| Dec 31, 2020 | 127.40 Mn |
| Sep 30, 2020 | 121.80 Mn |
| Jun 30, 2020 | 114.81 Mn |
| Mar 31, 2020 | 115.79 Mn |
| Dec 31, 2019 | 130.53 Mn |
| Sep 30, 2019 | 133.23 Mn |
| Jun 30, 2019 | 125.13 Mn |
| Mar 31, 2019 | 152.78 Mn |
| Dec 31, 2018 | 6.95 Mn |
| Sep 30, 2018 | 123.17 Mn |
| Jun 30, 2018 | 126.40 Mn |
| Mar 31, 2018 | 145.99 Mn |
| Dec 31, 2017 | 162.81 Mn |
| Sep 30, 2017 | 215.13 Mn |
| Jun 30, 2017 | 157.79 Mn |
| Mar 31, 2017 | 154.77 Mn |
| Dec 31, 2016 | 138.43 Mn |
| Sep 30, 2016 | 114.25 Mn |
| Jun 30, 2016 | 151.85 Mn |
| Mar 31, 2016 | 136.63 Mn |
| Dec 31, 2015 | 118.10 Mn |
| Sep 30, 2015 | 134.95 Mn |
| Jun 30, 2015 | 107.49 Mn |
| Mar 31, 2015 | 96.21 Mn |
| Dec 31, 2014 | 86.50 Mn |
| Sep 30, 2014 | 81.52 Mn |
| Jun 30, 2014 | 87.77 Mn |
| Mar 31, 2014 | 111.36 Mn |
| Dec 31, 2013 | 138.55 Mn |
| Sep 30, 2013 | 154.97 Mn |
| Jun 30, 2013 | 127.22 Mn |
| Mar 31, 2013 | 111.33 Mn |
| Dec 31, 2012 | 128.22 Mn |
| Sep 30, 2012 | 165.08 Mn |
| Jun 30, 2012 | 129.60 Mn |
| Mar 31, 2012 | 103.96 Mn |
| Dec 31, 2011 | 81.68 Mn |
| Sep 30, 2011 | 95.78 Mn |
| Jun 30, 2011 | 104.03 Mn |
| Mar 31, 2011 | 112.85 Mn |
| Dec 31, 2010 | 109.10 Mn |
| Sep 30, 2010 | 82.46 Mn |
| Jun 30, 2010 | 53.10 Mn |