Greenlight Capital Re, Ltd. (GLRE)

Greenlight Capital Re Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	643.66	619.95	583.15	469.48	539.28	455.41
Total Interest & Dividend Income	73.11	80.48	70.37	53.34	-1.71	5.42
Gain (Loss) on Sale of Investments	-12.33	-0.92	1.74	9.86	33.77	16.68
Other Revenue	-42.91	2.12	-	-0.34	18.75	8.42
Total Revenue	661.54	701.63	655.25	532.33	590.09	485.93
Revenue Growth (YoY)	-5.80%	7.08%	23.09%	-9.79%	21.44%	-10.50%
Policy Benefits	434.3	427.27	360	316.49	374.98	337.83
Policy Acquisition & Underwriting Costs	204.17	199.63	188.46	156.96	144.96	109.29
Selling, General & Administrative	17.99	16.38	19.35	17.79	26.14	23.93
Total Operating Expenses	656.34	643.28	567.82	491.24	549.31	473.52
Operating Income	5.2	58.35	87.43	41.09	40.78	12.41
Interest Expense	-5.62	-9.18	-8.03	-10.92	-17.92	-8.16
Currency Exchange Gain (Loss)	-0.22	-5.61	11.57	-5.99	-1.54	0.04
EBT Excluding Unusual Items	-0.64	43.57	90.97	24.18	21.32	4.29
Other Unusual Items	-	-	-4.04	0.34	-	-
Pretax Income	-0.64	43.57	86.93	24.53	21.32	4.29
Income Tax Expense	1.23	0.75	0.1	-0.82	3.75	0.42
Earnings From Continuing Ops.	-1.87	42.82	86.83	25.34	17.58	3.87
Net Income	-1.87	42.82	86.83	25.34	17.58	3.87
Net Income to Common	-1.87	42.82	86.83	25.34	17.58	3.87
Net Income Growth	-	-50.69%	242.63%	44.17%	354.68%	-
Shares Outstanding (Basic)	34	34	34	34	34	36
Shares Outstanding (Diluted)	34	35	35	40	34	36
Shares Change (YoY)	-2.95%	-0.41%	-12.50%	15.78%	-5.31%	0.55%
EPS (Basic)	-0.06	1.26	2.55	0.75	0.51	0.11
EPS (Diluted)	-0.06	1.24	2.50	0.73	0.51	0.11
EPS Growth	-	-50.40%	240.50%	43.97%	377.18%	-
Operating Margin	0.79%	8.32%	13.34%	7.72%	6.91%	2.55%
Profit Margin	-0.28%	6.10%	13.25%	4.76%	2.98%	0.80%
EBITDA	-	-	-	41.11	40.8	12.43
EBITDA Margin	-	-	-	7.72%	6.91%	2.56%
D&A For EBITDA	-	-	-	0.02	0.02	0.02
EBIT	5.2	58.35	87.43	41.09	40.78	12.41
EBIT Margin	0.79%	8.32%	13.34%	7.72%	6.91%	2.55%
Effective Tax Rate	-	1.72%	0.11%	-	17.57%	9.88%
Revenue as Reported	661.32	696.03	667.08	526.68	588.55	484.09

Updated Nov 3, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q