For the quarter ending 2025-09-30, GLRE made $146,071,000 in revenue. -$4,405,000 in net income. Net profit margin of -3.02%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Total revenues | 146,071,000 | 160,106,000 | 213,302,000 | 166,577,500 |
| Net loss and loss adjustment expenses incurred | 88,593,000 | 100,079,000 | 122,884,000 | 116,035,500 |
| Acquisition costs | 46,962,000 | 46,848,000 | 46,866,000 | 40,079,500 |
| Underwriting expenses | 7,472,000 | 6,481,000 | 6,358,000 | 5,714,250 |
| Corporate and other expenses | 5,399,000 | 4,755,000 | 4,672,000 | 4,094,250 |
| Deposit interest expense | 94,000 | 124,000 | 149,000 | 542,000 |
| Interest expense | 1,430,000 | 1,144,000 | 1,464,000 | 1,129,000 |
| Total expenses | 149,950,000 | 159,431,000 | 182,393,000 | 166,981,500 |
| Income (loss) before income tax | -3,879,000 | 675,000 | 30,909,000 | -404,000 |
| Income tax expense | 526,000 | 346,000 | 1,282,000 | -204,500 |
| Net income (loss) | -4,405,000 | 329,000 | 29,627,000 | -199,500 |
| Basic (in dollars per share) | -0.13 | 0.01 | 0.87 | 0 |
| Basic (in shares) | 33,760,337 | 33,969,716 | 33,949,967 | -17,131,123 |
| Diluted (in dollars per share) | -0.13 | 0.01 | 0.86 | 0 |
| Diluted (in shares) | 33,760,337 | 34,423,679 | 34,418,262 | -17,427,897.5 |
GREENLIGHT CAPITAL RE, LTD. (GLRE)
GREENLIGHT CAPITAL RE, LTD. (GLRE)