GLRE
Greenlight Capital Re Ltd
NASDAQ: GLRE · FINANCIAL SERVICES · INSURANCE - REINSURANCE
$18.32
+0.77% today
Updated 2026-04-30
Market cap
$632.01M
P/E ratio
8.69
P/S ratio
0.88x
EPS (TTM)
$2.17
Dividend yield
—
52W range
$12 – $19
Volume
0.2M
Greenlight Capital Re Ltd (GLRE) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $86.15M | $125.69M | $-11.18M | $419.08M | $390.63M | $403.15M | $545.40M | $764.33M | $479.80M | $123.05M | $588.37M | $645.67M | $243.85M | $491.40M | $478.82M | $570.46M | $477.63M | $632.35M | $647.97M | $696.35M |
| Revenue growth (YoY) | — | +45.9% | -108.9% | +3849.5% | -6.8% | +3.2% | +35.3% | +40.1% | -37.2% | -74.4% | +378.2% | +9.7% | -62.2% | +101.5% | -2.6% | +19.1% | -16.3% | +32.4% | +2.5% | +7.5% |
| Cost of revenue | $20.09M | $78.45M | $97.13M | $188.28M | $279.66M | $380.44M | $509.32M | $510.37M | $342.65M | $433.30M | $515.35M | $664.14M | $509.35M | $505.57M | $447.12M | $519.94M | $459.63M | $528.88M | $604.04M | $411.59M |
| Gross profit | $66.06M | $47.24M | $-108.31M | $230.80M | $110.97M | $22.70M | $36.07M | $253.96M | $137.15M | $-310.25M | $73.02M | $-18.47M | $-265.50M | $-14.17M | $31.70M | $50.52M | $18.00M | $103.46M | $43.93M | $284.76M |
| Gross margin | 76.7% | 37.6% | 969.1% | 55.1% | 28.4% | 5.6% | 6.6% | 33.2% | 28.6% | -252.1% | 12.4% | -2.9% | -108.9% | -2.9% | 6.6% | 8.9% | 3.8% | 16.4% | 6.8% | 40.9% |
| R&D | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $9.06M | $11.92M | $13.76M | $18.99M | $16.19M | $13.89M | $17.54M | $20.96M | $8.00M | $8.78M | $9.22M | $26.36M | $25.17M | $29.82M | $26.40M | $29.37M | $17.79M | $23.65M | $15.68M | — |
| Operating income | $57.00M | $35.33M | $-120.90M | $209.50M | $94.78M | $8.81M | $18.54M | $233.01M | $112.65M | $-333.69M | $47.21M | $-44.83M | $-354.00M | $-3.50M | $4.29M | $21.32M | $24.53M | $86.93M | $43.56M | $78.31M |
| Operating margin | 66.2% | 28.1% | 1081.7% | 50.0% | 24.3% | 2.2% | 3.4% | 30.5% | 23.5% | -271.2% | 8.0% | -6.9% | -145.2% | -0.7% | 0.9% | 3.7% | 5.1% | 13.7% | 6.7% | 11.2% |
| EBITDA | $57.02M | $35.37M | $-24.89M | $211.93M | $95.00M | $9.04M | $18.79M | $233.33M | $113.09M | $-314.81M | $47.60M | $-44.46M | $-348.73M | $5.11M | $12.87M | $39.26M | $35.52M | $94.96M | $52.75M | $83.10M |
| EBITDA margin | 66.2% | 28.1% | 222.7% | 50.6% | 24.3% | 2.2% | 3.4% | 30.5% | 23.6% | -255.8% | 8.1% | -6.9% | -143.0% | 1.0% | 2.7% | 6.9% | 7.4% | 15.0% | 8.1% | 11.9% |
| EBIT | $57.00M | $35.33M | $-24.93M | $211.81M | $94.78M | $8.81M | $18.54M | $233.01M | $112.65M | $-315.21M | $47.21M | $-44.83M | $-351.49M | $2.76M | $10.57M | $39.24M | $35.44M | $174.26M | $43.56M | — |
| Interest expense | $0.00 | $0.00 | $0.00 | $0.00 | $3.97M | $13.31M | $17.41M | $25.40M | $7.47M | $18.48M | $0.00 | $0.00 | $2.50M | $6.26M | $6.28M | $17.92M | $10.92M | $8.03M | $9.18M | $4.79M |
| Income tax | — | $-35.33M | — | $-49000.00 | $396000.00 | $247000.00 | $86000.00 | $538000.00 | $-624000.00 | $-1.75M | $509000.00 | $-451000.00 | $332000.00 | $483000.00 | $424000.00 | $3.75M | $-816000.00 | $100000.00 | $749000.00 | — |
| Effective tax rate | 0.0% | — | 0.0% | -0.0% | 0.4% | 3.5% | 0.6% | 0.2% | -0.6% | 0.5% | 1.1% | 1.0% | -0.1% | -13.8% | 9.9% | 17.6% | -3.3% | 0.1% | 1.7% | 0.0% |
| Net income | $57.00M | $35.33M | $-122.07M | $209.54M | $90.64M | $6.77M | $14.60M | $225.70M | $109.59M | $-326.43M | $44.88M | $-44.95M | $-350.05M | $-3.99M | $3.87M | $17.58M | $25.34M | $86.83M | $42.82M | $74.83M |
| Net income growth (YoY) | — | -38.0% | -445.6% | +271.7% | -56.7% | -92.5% | +115.7% | +1446.1% | -51.4% | -397.9% | +113.7% | -200.2% | -678.7% | +98.9% | +197.0% | +354.7% | +44.2% | +242.6% | -50.7% | +74.8% |
| Profit margin | 66.2% | 28.1% | 1092.1% | 50.0% | 23.2% | 1.7% | 2.7% | 29.5% | 22.8% | -265.3% | 7.6% | -7.0% | -143.6% | -0.8% | 0.8% | 3.1% | 5.3% | 13.7% | 6.6% | 10.7% |