Greenlight Capital Re (GLRE) Operating Income (2012 - 2026)
Greenlight Capital Re (GLRE) posted quarterly Operating Income of -$55.3 million for Q1 2026, up 59.59% year-over-year from -$34.6 million in Q1 2025, and up 41.25% quarter-over-quarter from -$94.1 million in Q4 2025.
Greenlight Capital Re (GLRE) Operating Income (2012 - 2026) Analysis & Trends
Greenlight Capital Re (GLRE) has reported Operating Income for 15 consecutive years, with -$55.3 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Income rose 59.59% year-over-year to -$55.3 million; the TTM figure through Mar 2026 stood at -$321.9 million (up 41.57% YoY), while the FY2025 annual figure was -$401.9 million, up 12.58% from the prior year.
- Operating Income grew to -$55.3 million in Q1 2026 per GLRE's latest filing, from -$94.1 million in the prior quarter.
- Across five years, Operating Income topped out at -$55.3 million in Q1 2026 and bottomed at -$227.2 million in Q4 2024.
- Historically, Operating Income has averaged -$99.9 million across 5 years, with a median of -$93.3 million in 2024.
- Annual changes were most pronounced in 2022 — Operating Income surged 73.85% — and 2024, when it plunged 197.42%.
- Greenlight Capital Re's Operating Income stood at -$86.1 million in 2022, then grew by 11.34% to -$76.4 million in 2023, then slumped by 197.42% to -$227.2 million in 2024, then surged by 58.57% to -$94.1 million in 2025, then soared by 41.25% to -$55.3 million in 2026.
- Business Quant data shows GLRE's Operating Income at -$55.3 million in Q1 2026, -$94.1 million in Q4 2025, and -$73.1 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Reinsurance Group Of America | 15.93 Bn | 10.26 Bn | 2.16 Bn | 1.86 Bn |
| 2 | Everest | 14.29 Bn | -33.07 Bn | 1.79 Bn | 523.00 Mn |
| 3 | Renaissancere Holdings | 13.28 Bn | -13.20 Bn | 1.83 Bn | 432.49 Mn |
| 4 | Hamilton Insurance | 3.50 Bn | -685.35 Mn | 478.09 Mn | -104.22 Mn |
| 5 | SiriusPoint | 2.75 Bn | 2.07 Bn | 385.90 Mn | 65.50 Mn |
| 6 | Greenlight Capital Re | 514.18 Mn | -185.48 Mn | 49.73 Mn | -117.16 Mn |
| 7 | Kestrel | 62.55 Mn | 34.74 Mn | 5.17 Mn | -5.32 Mn |
| 8 | Oxbridge Re Holdings | 10.90 Mn | -8.93 Mn | - | 71,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -117.16 Mn |
| Mar 31, 2026 | -55.29 Mn |
| Dec 31, 2025 | -94.11 Mn |
| Sep 30, 2025 | -73.12 Mn |
| Jun 30, 2025 | -99.40 Mn |
| Mar 31, 2025 | -136.81 Mn |
| Dec 31, 2024 | -227.16 Mn |
| Sep 30, 2024 | -93.33 Mn |
| Jun 30, 2024 | -93.62 Mn |
| Mar 31, 2024 | -111.57 Mn |
| Dec 31, 2023 | -76.38 Mn |
| Sep 30, 2023 | -83.34 Mn |
| Jun 30, 2023 | -90.36 Mn |
| Mar 31, 2023 | -90.78 Mn |
| Dec 31, 2022 | -86.15 Mn |
| Sep 30, 2022 | -118.62 Mn |
| Jun 30, 2022 | -57.23 Mn |
| Mar 31, 2022 | -110.25 Mn |
| Dec 31, 2021 | -31.86 Mn |
| Sep 30, 2021 | -124.25 Mn |