Greenlight Capital Re, LTD. (GLRE) Financial Statements
Industry: Fire, Marine & Casualty Insurance
In fiscal 2025, Greenlight Capital Re reported revenue of $729.8M, up 4.8% from $696.0M the year before. Net income was $74.8M (a 10.3% net margin), or $2.17 per diluted share. Gross margin was 43.6% and operating margin was 43.6%. Operating activities generated $210.2M of cash. At fiscal year end, Greenlight Capital Re held $2.17B in total assets against $1.46B in total liabilities, including $111.8M of cash and equivalents.
Open the full interactive Greenlight Capital Re financials → Quarterly statements, key ratios, valuation history and price charts.
Greenlight Capital Re Key Stats
| Share Price | $14.85 |
|---|---|
| Market Cap | $491.7M |
| P/E Ratio | 6.8 |
| Revenue YoY Growth | +4.9% |
| 52-Week Range | $11.95 – $19.00 |
| Shares Outstanding | 33.1 million (basic, 2026 Q2) |
Greenlight Capital Re Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $484.1M | $588.6M | $526.7M | $667.1M | $696.0M | $729.8M |
| Cost of Goods Sold | $337.8M | $375.0M | $316.5M | $360.0M | $427.3M | $411.6M |
| Gross Profit | $146.3M | $213.6M | $210.2M | $307.1M | $268.8M | $318.2M |
| Operating Income | $119.9M | $184.2M | $178.6M | $263.8M | $268.8M | $318.2M |
| Pre-Tax Income | $4.3M | $21.3M | $24.5M | $86.9M | $43.6M | $78.3M |
| Income Tax | $424,000 | $3.7M | -$816,000 | $100,000 | $749,000 | $3.5M |
| Net Income | $3.9M | $17.6M | $25.3M | $86.8M | $42.8M | $74.8M |
| Diluted EPS | $0.11 | $0.51 | $0.73 | $2.50 | $1.24 | $2.17 |
Greenlight Capital Re Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $146.1M | $210.3M | $189.7M | $137.5M |
| Net Income | -$4.4M | $49.3M | $35.8M | -$29.6M |
| Diluted EPS | -$0.13 | $1.43 | $1.05 | -$0.89 |
Greenlight Capital Re Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $8.9M | $76.3M | $38.2M | $51.1M | $64.7M | $111.8M |
| Total Assets | $1.36B | $1.43B | $1.58B | $1.74B | $2.02B | $2.17B |
| Total Long-Term Debt | $95.8M | $98.1M | $80.5M | $73.3M | $60.7M | $4.7M |
| Total Liabilities | $892.8M | $951.8M | $1.08B | $1.14B | $1.38B | $1.46B |
| Shareholders' Equity | $464.9M | $475.7M | $503.1M | $596.1M | $635.9M | $708.0M |
Greenlight Capital Re Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$91.3M | -$56.3M | -$31.8M | $7.5M | $111.5M | $210.2M |
| Cash From Investing | $95.6M | $23.1M | $47.0M | -$53.1M | -$96.6M | -$149.2M |
| Cash From Financing | -$17.8M | -$10.0M | -$19.8M | -$5.3M | -$21.2M | -$65.1M |
Figures from Greenlight Capital Re's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Greenlight Capital Re financials page for every line item.
Greenlight Capital Re Company Profile
| Ticker | GLRE |
|---|---|
| Exchange | Nasdaq |
| Industry | Fire, Marine & Casualty Insurance |
| Headquarters | Grand Cayman |
| Fiscal Year End | December 31 |
| SEC Filer Category | Accelerated filer |
| SEC CIK | 0001385613 |
Frequently Asked Questions
What was Greenlight Capital Re's revenue in fiscal 2025?
Greenlight Capital Re (GLRE) reported revenue of $729.8M for fiscal 2025.
What is Greenlight Capital Re's annual revenue history?
Greenlight Capital Re's annual revenue by fiscal year: 2020: $484.1M; 2021: $588.6M; 2022: $526.7M; 2023: $667.1M; 2024: $696.0M; 2025: $729.8M.
What was Greenlight Capital Re's net income in fiscal 2025?
Greenlight Capital Re reported net income of $74.8M for fiscal 2025.
What was Greenlight Capital Re's earnings per share (EPS) in fiscal 2025?
Greenlight Capital Re's diluted EPS was $2.17 for fiscal 2025 (adjusted for any later stock splits).
What was Greenlight Capital Re's revenue last quarter?
In its most recent reported quarter (2026 Q2), Greenlight Capital Re reported revenue of $137.5M.
How much debt does Greenlight Capital Re have?
Greenlight Capital Re reported $4.7M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Greenlight Capital Re are outstanding?
Greenlight Capital Re reported a weighted average of 33.1 million basic shares outstanding in 2026 Q2.
What is Greenlight Capital Re's market cap?
Based on its latest closing price, Greenlight Capital Re (GLRE) has a market capitalization of about $491.7M.
When does Greenlight Capital Re's fiscal year end?
Greenlight Capital Re's fiscal year end, as registered with the SEC, is December 31.
Where is Greenlight Capital Re headquartered?
Greenlight Capital Re lists its business address in Grand Cayman in its SEC filings.