Greenlight Capital Re, Ltd. (GLRE) — Financial statements
Income statement, balance sheet, and cash flow for Greenlight Capital Re, Ltd. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 696↑7.5% | 648↑2.5% | 632↑32.4% | 478↓16.3% | 570 | |
| Cost of Revenue | 412↓31.9% | 604↑14.2% | 529↑15.1% | 460↓11.6% | 520 | |
| Gross Profit | 285↑548.2% | 44↓57.5% | 103↑475.0% | 18↓64.4% | 51 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00↓100.0% | 24↑32.9% | 18↓39.4% | 29 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 0.00 | 0.00↓100.0% | 24↑32.9% | 18↓39.4% | 29 | |
| Other Expenses | 206↑56460.5% | 0.37↑105.1% | -7↑70.7% | -24↓14292.9% | -0.17 | |
| Operating Expenses | 206↑56460.5% | 0.37↓97.8% | 17↑353.2% | -7↓122.4% | 29 | |
| Total Costs & Expenses | 618↑2.3% | 604↑10.8% | 545↑20.4% | 453↓17.5% | 549 | |
| Operating Results | ||||||
| Operating Income | 78↑79.8% | 44↓49.9% | 87↑254.4% | 25↑15.0% | 21 | |
| Depreciation & Amortization | 0.00 | 0.00 | 0.00↓100.0% | 0.08↑393.8% | 0.02 | |
| EBITDA | 83↑57.5% | 53↓44.5% | 95↑167.3% | 36↓9.5% | 39 | |
| EBIT | 83↑57.5% | 53↓44.5% | 95↑167.9% | 35↓9.7% | 39 | |
| Interest & Other Income | ||||||
| Net Interest Income | -5↓120.6% | 23↓15.8% | 28↑527.7% | -6↑64.0% | -18 | |
| Interest Income | 0.00↓100.0% | 32↓9.0% | 36↑697.8% | 4 | 0.00 | |
| Interest Expense | 5↓47.9% | 9↑14.3% | 8↓26.4% | 11↓39.1% | 18 | |
| Non-Operating Income | -5↑47.9% | -9↓14.3% | -8↑26.4% | -11↑39.1% | -18 | |
| Other Income / Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 78↑79.8% | 44↓49.9% | 87↑254.4% | 25↑15.0% | 21 | |
| Income Tax Expense | 3↑364.5% | 0.75↑649.0% | 0.10↑112.3% | -0.82↓121.8% | 4 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 75↑74.8% | 43↓50.7% | 87↑242.6% | 25↑44.2% | 18 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 75↑74.8% | 43↓50.7% | 87↑242.6% | 25↑44.2% | 18 | |
| Bottom-Line Net Income | 75↑74.8% | 43↓50.7% | 87↑197.4% | 29↑66.1% | 18 | |
| EPS (Basic) | 2.21↑75.4% | 1.26↓50.6% | 2.55↑240.0% | 0.75↑47.1% | 0.51 | |
| EPS (Diluted) | 2.17↑75.0% | 1.24↓50.4% | 2.50↑290.6% | 0.64↑25.5% | 0.51 | |
| Weighted Average Shares | 34↓0.8% | 34↑0.1% | 34↑0.5% | 34↓0.9% | 34 | |
| Weighted Average Diluted Shares | 35↓0.4% | 35↓0.4% | 35↓12.5% | 40↑15.8% | 34 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.