Fundies.
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GREENLIGHT CAPITAL RE, LTD.

EDGAR
GLRE Quarterly report (10-Q) · filed 2026-08-04

Annual consolidated revenue for 2025: about USD 729.8M, using the latest reported figures. The previous period, 2024, was about USD 696M.

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Watchlist

Latest quarter

Revenue

137 million USD

2026 Q2 · USD

Exact inputs and evidence

Net margin

-21.53%

2026 Q2 · %

Exact inputs and evidence
  • Net Income: -29596000 USD Source
  • Revenue: 137456000 USD Source

Operating cash flow

31.4 million USD

2026 Q2 · USD

Exact inputs and evidence
  • Operating Cash Flow: 68664000 USD Source
  • Operating Cash Flow: 37244000 USD Source
Cash and cash equivalents
76.3 million USD Source
Exact value

76322000 USD

Long-term debt including current maturities
8.75 million USD Source
Exact value

8753000 USD

Shares outstanding
32.9 million shares Source
Exact value

32881538 shares

Reported share-count change

-3.85% · -1.32 million shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 34198153 shares · 2025-06-30· Source
  • 32881538 shares · 2026-06-30· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

683 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Revenue: 146071000 USD · 2025-07-01 – 2025-09-30 Source
  • Revenue: 729777000 USD · 2025-01-01 – 2025-12-31 Source
  • Revenue: 519479000 USD · 2025-01-01 – 2025-09-30 Source
  • Revenue: 189660000 USD · 2026-01-01 – 2026-03-31 Source
  • Revenue: 137456000 USD · 2026-04-01 – 2026-06-30 Source

Net income

51 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Net income: -4405000 USD · 2025-07-01 – 2025-09-30 Source
  • Net income: 74832000 USD · 2025-01-01 – 2025-12-31 Source
  • Net income: 25551000 USD · 2025-01-01 – 2025-09-30 Source
  • Net income: 35750000 USD · 2026-01-01 – 2026-03-31 Source
  • Net income: -29596000 USD · 2026-04-01 – 2026-06-30 Source

Operating cash flow

200 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Operating cash flow: 110000000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 78819000 USD · 2025-01-01 – 2025-06-30 Source
  • Operating cash flow: 210212000 USD · 2025-01-01 – 2025-12-31 Source
  • Operating cash flow: 110000000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 37244000 USD · 2026-01-01 – 2026-03-31 Source
  • Operating cash flow: 68664000 USD · 2026-01-01 – 2026-06-30 Source
  • Operating cash flow: 37244000 USD · 2026-01-01 – 2026-03-31 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-08-04.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 11 of 11 periods available· newest 2025-12-31
  • operating income: No compatible figures in this window
  • Net income: 11 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 11 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 1 of 11 periods available· newest 2015-12-31
  • Total assets: 11 of 11 periods available· newest 2025-12-31
  • Total liabilities: 11 of 11 periods available· newest 2025-12-31
  • current assets: No compatible figures in this window
  • current liabilities: No compatible figures in this window
  • Cash and cash equivalents: 11 of 11 periods available· newest 2025-12-31
  • Long-term debt including current maturities: 4 of 11 periods available· newest 2025-12-31
  • Shares outstanding: 4 of 11 periods available· newest 2025-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +4.8%

    Prior period

    USD 696.03 million

    –

    Current period

    USD 729.78 million

    –

    Exact inputs and evidence

    729777000 − 696026000 = 33751000 USD

    696026000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    729777000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Net income

    +74.8%

    Prior period

    USD 42.82 million

    –

    Current period

    USD 74.83 million

    –

    Exact inputs and evidence

    74832000 − 42816000 = 32016000 USD

    42816000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    74832000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Operating cash flow

    +88.5%

    Prior period

    USD 111.5 million

    –

    Current period

    USD 210.21 million

    –

    Exact inputs and evidence

    210212000 − 111504000 = 98708000 USD

    111504000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    210212000 USD · 2025-01-01 – 2025-12-31

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Comparable inputs unavailable for: Capital expenditure.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue USD 729.78 million 100% of revenue
  • Operating costs Derived Unavailable An input is unavailable.
  • Operating income Unavailable An input is unavailable.
  • Tax, interest and other Derived Unavailable An input is unavailable.
  • Net income USD 74.83 million 10% of revenue

Cash

  • Operating cash flow USD 210.21 million 29% of revenue
  • Capital expenditure Unavailable An input is unavailable.
  • Free cash flow Derived Unavailable An input is unavailable.

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2016 Not shown: operating income or net income is not reported.
  • 2017 Not shown: operating income or net income is not reported.
  • 2018 Not shown: operating income or net income is not reported.
  • 2019 Not shown: operating income or net income is not reported.
  • 2020 Not shown: operating income or net income is not reported.
  • 2021 Not shown: operating income or net income is not reported.
  • 2022 Not shown: operating income or net income is not reported.
  • 2023 Not shown: operating income or net income is not reported.
  • 2024 Not shown: operating income or net income is not reported.
  • 2025 Not shown: operating income or net income is not reported.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2016 2016-01-01 – 2016-12-31588366000 UnavailableUnavailableUnavailable44881000 Unavailable
Source
2017 2017-01-01 – 2017-12-31645675000 UnavailableUnavailableUnavailable-44952000 Unavailable
Source
2018 2018-01-01 – 2018-12-31183029000 UnavailableUnavailableUnavailable-350054000 Unavailable
Source
2019 2019-01-01 – 2019-12-31538153000 UnavailableUnavailableUnavailable-3986000 Unavailable
Source
2020 2020-01-01 – 2020-12-31484092000 UnavailableUnavailableUnavailable3866000 Unavailable
Source
2021 2021-01-01 – 2021-12-31588551000 UnavailableUnavailableUnavailable17578000 Unavailable
Source
2022 2022-01-01 – 2022-12-31526683000 UnavailableUnavailableUnavailable25342000 Unavailable
Source
2023 2023-01-01 – 2023-12-31667082000 UnavailableUnavailableUnavailable86830000 Unavailable
Source
2024 2024-01-01 – 2024-12-31696026000 UnavailableUnavailableUnavailable42816000 Unavailable
Source
2025 2025-01-01 – 2025-12-31729777000 UnavailableUnavailableUnavailable74832000 Unavailable
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 729.8M 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.788.2M591.1M394.1M197.0M0.0201620212025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Revenue588366000
2017Revenue645675000
2018Revenue183029000
2019Revenue538153000
2020Revenue484092000
2021Revenue588551000
2022Revenue526683000
2023Revenue667082000
2024Revenue696026000
2025Revenue729777000

Revenue growth

Change in revenue from the same financial period one year earlier.

4.8% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.414%284%153%23%-108%201620212025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2016Year over year378.2%
2017Year over year9.7%
2018Year over year-71.7%
2019Year over year194%
2020Year over year-10%
2021Year over year21.6%
2022Year over year-10.5%
2023Year over year26.7%
2024Year over year4.3%
2025Year over year4.8%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Net margin 10.3% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.29%-30%-89%-148%-208%2016-12-312021-12-312025-12-31
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2016-12-31Operating marginNot reported
2017-12-31Operating marginNot reported
2018-12-31Operating marginNot reported
2019-12-31Operating marginNot reported
2020-12-31Operating marginNot reported
2021-12-31Operating marginNot reported
2022-12-31Operating marginNot reported
2023-12-31Operating marginNot reported
2024-12-31Operating marginNot reported
2025-12-31Operating marginNot reported
2016Net margin7.6%
2017Net margin-7%
2018Net margin-191.3%
2019Net margin-0.7%
2020Net margin0.8%
2021Net margin3%
2022Net margin4.8%
2023Net margin13%
2024Net margin6.2%
2025Net margin10.3%
2016Free cash flow marginNot reported
2017Free cash flow marginNot reported
2018Free cash flow marginNot reported
2019Free cash flow marginNot reported
2020Free cash flow marginNot reported
2021Free cash flow marginNot reported
2022Free cash flow marginNot reported
2023Free cash flow marginNot reported
2024Free cash flow marginNot reported
2025Free cash flow marginNot reported

Operating cash flow

Cash generated by the company’s normal business operations.

USD 210.2M 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.234.3M146.9M59.4M-28.0M-115.4M201620212025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Operating cash flow-35787000
2017Operating cash flow94419000
2018Operating cash flow-59308000
2019Operating cash flow1631000
2020Operating cash flow-91323000
2021Operating cash flow-56296000
2022Operating cash flow-31799000
2023Operating cash flow7507000
2024Operating cash flow111504000
2025Operating cash flow210212000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

Not enough comparable data to show this history.
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Free cash flowUnavailable
2017Free cash flowUnavailable
2018Free cash flowUnavailable
2019Free cash flowUnavailable
2020Free cash flowUnavailable
2021Free cash flowUnavailable
2022Free cash flowUnavailable
2023Free cash flowUnavailable
2024Free cash flowUnavailable
2025Free cash flowUnavailable

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

67.4% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.81%60%40%20%0%201620212025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2016Liabilities / assets66.5%
2017Liabilities / assets74.6%
2018Liabilities / assets66.6%
2019Liabilities / assets64.8%
2020Liabilities / assets65.8%
2021Liabilities / assets66.7%
2022Liabilities / assets68.2%
2023Liabilities / assets65.6%
2024Liabilities / assets68.5%
2025Liabilities / assets67.4%

Current assets to current liabilities

Current assets divided by current liabilities.

Not enough comparable data to show this history.
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2016-12-31Current assets / current liabilitiesNot reportedNo source recorded
2017-12-31Current assets / current liabilitiesNot reportedNo source recorded
2018-12-31Current assets / current liabilitiesNot reportedNo source recorded
2019-12-31Current assets / current liabilitiesNot reportedNo source recorded
2020-12-31Current assets / current liabilitiesNot reportedNo source recorded
2021-12-31Current assets / current liabilitiesNot reportedNo source recorded
2022-12-31Current assets / current liabilitiesNot reportedNo source recorded
2023-12-31Current assets / current liabilitiesNot reportedNo source recorded
2024-12-31Current assets / current liabilitiesNot reportedNo source recorded
2025-12-31Current assets / current liabilitiesNot reportedNo source recorded

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2016 2016-01-01 – 2016-12-31
USD 44.88 million
Exact value

Exact value: 44881000 USD

2016-01-01 – 2016-12-31: 44881000 USD Inspect Net Income Open source
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−USD 35.79 million
Exact value

Exact value: -35787000 USD

2016-01-01 – 2016-12-31: -35787000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2017 2017-01-01 – 2017-12-31
−USD 44.95 million
Exact value

Exact value: -44952000 USD

2017-01-01 – 2017-12-31: -44952000 USD Inspect Net Income Open source
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USD 94.42 million
Exact value

Exact value: 94419000 USD

2017-01-01 – 2017-12-31: 94419000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2018 2018-01-01 – 2018-12-31
−USD 350.05 million
Exact value

Exact value: -350054000 USD

2018-01-01 – 2018-12-31: -350054000 USD Inspect Net Income Open source
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−USD 59.31 million
Exact value

Exact value: -59308000 USD

2018-01-01 – 2018-12-31: -59308000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2019 2019-01-01 – 2019-12-31
−USD 3.99 million
Exact value

Exact value: -3986000 USD

2019-01-01 – 2019-12-31: -3986000 USD Inspect Net Income Open source
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USD 1.63 million
Exact value

Exact value: 1631000 USD

2019-01-01 – 2019-12-31: 1631000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2020 2020-01-01 – 2020-12-31
USD 3.87 million
Exact value

Exact value: 3866000 USD

2020-01-01 – 2020-12-31: 3866000 USD Inspect Net Income Open source
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−USD 91.32 million
Exact value

Exact value: -91323000 USD

2020-01-01 – 2020-12-31: -91323000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2021 2021-01-01 – 2021-12-31
USD 17.58 million
Exact value

Exact value: 17578000 USD

2021-01-01 – 2021-12-31: 17578000 USD Inspect Net Income Open source
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−USD 56.3 million
Exact value

Exact value: -56296000 USD

2021-01-01 – 2021-12-31: -56296000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2022 2022-01-01 – 2022-12-31
USD 25.34 million
Exact value

Exact value: 25342000 USD

2022-01-01 – 2022-12-31: 25342000 USD Inspect Net Income Open source
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−USD 31.8 million
Exact value

Exact value: -31799000 USD

2022-01-01 – 2022-12-31: -31799000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2023 2023-01-01 – 2023-12-31
USD 86.83 million
Exact value

Exact value: 86830000 USD

2023-01-01 – 2023-12-31: 86830000 USD Inspect Net Income Open source
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USD 7.51 million
Exact value

Exact value: 7507000 USD

2023-01-01 – 2023-12-31: 7507000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2024 2024-01-01 – 2024-12-31
USD 42.82 million
Exact value

Exact value: 42816000 USD

2024-01-01 – 2024-12-31: 42816000 USD Inspect Net Income Open source
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USD 111.5 million
Exact value

Exact value: 111504000 USD

2024-01-01 – 2024-12-31: 111504000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2025 2025-01-01 – 2025-12-31
USD 74.83 million
Exact value

Exact value: 74832000 USD

2025-01-01 – 2025-12-31: 74832000 USD Inspect Net Income Open source
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USD 210.21 million
Exact value

Exact value: 210212000 USD

2025-01-01 – 2025-12-31: 210212000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

86 filings · 3,256 latest values · 3,256 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001385613, 1385613, GLRE, edgar:1385613

Also known as GREENLIGHT CAPITAL RE, LTD., Greenlight Capital Re, Ltd.