Greenlight Capital Re, Ltd. (GLRE)

Greenlight Capital Re Cash Flow 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
Net Income	-1.87	42.82	86.83	25.34	17.58	3.87
Depreciation & Amortization	0.04	-	-	-	0.02	0.02
Gain (Loss) on Sale of Investments	12.33	0.92	-1.74	-9.86	-33.77	-15.93
Stock-Based Compensation	4.34	4.46	6.15	4.68	3.23	2.48
Reinsurance Recoverable	-12.99	-85.08	-113.85	-100.19	-75.13	-99.94
Change in Unearned Revenue	32.17	18.24	-1.51	80.24	26.5	21.63
Change in Insurance Reserves / Liabilities	127.16	199.42	106.09	31.46	29.83	23.59
Change in Other Net Operating Assets	-23.45	-71.16	-10.66	-2.91	4.32	8.39
Other Operating Activities	-1.05	0.89	-1.38	-0.26	-15.82	1.61
Operating Cash Flow	139.53	111.5	7.51	-31.8	-56.3	-91.32
Operating Cash Flow Growth	34.03%	1385.33%	-	-	-	-
Investment in Securities	-70.22	-95.49	-53.13	47.02	16.99	75.76
Other Investing Activities	-1.32	-1.07	-	-	6.1	19.87
Investing Cash Flow	-71.55	-96.56	-53.13	47.02	23.09	95.63
Long-Term Debt Issued	-	-	75	-	-	-
Total Debt Repaid	-27.19	-13.75	-80.29	-19.79	-	-
Net Debt Issued (Repaid)	-27.19	-13.75	-5.29	-19.79	-	-
Repurchases of Common Stock	-7	-7.49	-	-0.04	-10	-17.78
Financing Cash Flow	-34.19	-21.24	-5.29	-19.83	-10	-17.78
Foreign Exchange Rate Adjustments	-0.3	-0.35	0.1	0.06	-	-0.12
Net Cash Flow	33.5	-6.64	-50.82	-4.55	-43.21	-13.6
Cash Interest Paid	5.78	5.19	5.12	4.12	4	4
Cash Income Tax Paid	0.19	0.22	-1.02	0.66	3.7	-
Levered Free Cash Flow	-26.1	-365.49	63.84	7.64	114.05	-73.15
Unlevered Free Cash Flow	-22.59	-359.75	68.85	14.46	125.25	-68.06
Change in Working Capital	116.45	96.03	-53.65	3.14	-27.52	-78.1

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

SEC Filings: 10-K · 10-Q