Greenlight Capital Re, Ltd. (GLRE)

Greenlight Capital Re Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Premiums Earned	661.14	619.95	583.15	469.48	539.28
Investment Income	60.17	79.56	72.1	63.19	50.15
Total Other Revenues	8.47	-3.49	11.83	-5.99	-0.88
Revenue	729.78	696.03	667.08	526.68	588.55
Revenue Growth (YoY)	4.85%	4.34%	26.66%	-10.51%	21.58%
Insurance Benefits & Claims	411.59	427.27	360	316.49	374.98
Policy Amortization Costs	184.85	176.78	168.88	143.15	144.96
Other Operating Expenses	55.02	48.42	51.27	42.52	47.29
Operating Income	78.31	43.57	86.93	24.53	21.32
Pretax Income	78.31	43.57	86.93	24.53	21.32
Provision for Income Taxes	-3.48	-0.75	-0.1	0.82	-3.75
Net Income	74.83	42.82	86.83	25.34	17.58
Net Income to Common	74.83	42.82	86.83	25.34	17.58
Net Income Growth	74.78%	-50.69%	242.63%	44.17%	354.68%
Shares Outstanding (Basic)	34	34	34	34	34
Shares Outstanding (Diluted)	35	35	35	40	34
Shares Change (YoY)	-0.44%	-0.41%	-12.50%	15.78%	-5.31%
EPS (Basic)	2.21	1.26	2.55	0.75	0.51
EPS (Diluted)	2.17	1.24	2.50	0.73	0.51
EPS Growth	75.00%	-50.40%	242.47%	43.14%	363.64%
Shares Outstanding	33.9	34.83	35.34	34.82	33.84
Free Cash Flow	210.21	111.5	7.51	-31.8	-56.3
Free Cash Flow Growth	88.52%	1385.33%	-	-	-
Free Cash Flow Per Share	6.09	3.22	0.22	-0.80	-1.64
Operating Margin	10.73%	6.26%	13.03%	4.66%	3.62%
Profit Margin	11.21%	6.37%	13.05%	4.50%	4.26%
FCF Margin	28.80%	16.02%	1.13%	-6.04%	-9.57%
EBITDA	78.31	43.57	86.93	24.53	21.34
EBITDA Margin	10.73%	6.26%	13.03%	4.66%	3.63%
EBIT	78.31	43.57	86.93	24.53	21.32
EBIT Margin	10.73%	6.26%	13.03%	4.66%	3.62%
Effective Tax Rate	-4.44%	-1.72%	-0.12%	3.33%	-17.57%

Updated Mar 9, 2026. Data Source: Fiscal.ai. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q