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GREENLIGHT CAPITAL RE, LTD. (GLRE)

As-reported financials and SEC filings for GREENLIGHT CAPITAL RE, LTD. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About GREENLIGHT CAPITAL RE, LTD.

Greenlight Capital Re, Ltd. is a global specialty property and casualty reinsurer headquartered in the Cayman Islands. The company provides multi-line property and casualty reinsurance globally through its subsidiaries, including Greenlight Re and Greenlight Reinsurance Ireland, and operates a Lloyd’s syndicate. It serves insurance, reinsurance, and other risk marketplaces by offering risk management products and services, with a focus on underwriting, innovative technology-driven insurance partnerships, and a value-oriented investment strategy.

Snapshot

Revenue
$729.8M
Revenue growth (YoY)
4.8%
Net income
$74.8M
Diluted EPS
$2.17
Gross margin
Operating margin
Net margin
10.3%
FCF margin
ROE
10.6%
net income / fiscal-year-end equity
P/E
10.4×
trailing when available, otherwise FY EPS
Market cap
$501.7M
Long-term debt / equity
0.01×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Greenlight Capital Re

  • Revenue grew 4.8% to $730M in FY2025, in line with the 4.3% the year before.
  • Most recent quarter Q2 FY2026: revenue $137M, down 14.1% from Q2 FY2025.
  • Net income rose 74.8% to $75M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Greenlight Capital Re’s fundamentals sit among the 88 insurance companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Net margin10.3%
44th percentile of 82
Revenue growth (YoY)+4.8%
31st percentile of 88
ROE10.6%
36th percentile of 73
P/E10.4×
44th percentile of 72
Long-term debt / equity0.01×
4th percentile of 48
Short interest3.96d
49th percentile of 87

Greenlight Capital Re’s long-term debt to equity of 0.01 ranks in the 4th percentile of the 48 insurance companies reporting it.

2 reported insider purchases (code P) totaling $186,240 in the last 90 days, against 8 sales totaling $471,991. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
2
1 insider
Bought (90d)
$186K
code P value
Sells (90d)
8
$472K
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-28
filed 2026-08-31
Isaacs IanDirectorSell4.1K$15.42$63K
2026-08-27
filed 2026-08-31
Isaacs IanDirectorSell946$15.43$15K
2026-08-10
filed 2026-08-11
Goldberg Leonard RDirectorBuy6.0K$15.42$93K
2026-08-07
filed 2026-08-11
Goldberg Leonard RDirectorBuy6.0K$15.62$94K
2026-06-29
filed 2026-07-01
Isaacs IanDirectorSell1.2K$16.72$20K
2026-06-25
filed 2026-06-26
Isaacs IanDirectorSell4.0K$16.06$64K
2026-06-24
filed 2026-06-26
Isaacs IanDirectorSell5.0K$16.64$83K
2026-06-23
filed 2026-06-24
Isaacs IanDirectorSell9.2K$16.33$151K
2026-06-23
filed 2026-06-25
O'BRIEN PATRICKChief Operating OfficerSell3.0K$16.36$50K
2026-06-22
filed 2026-06-24
Isaacs IanDirectorSell1.7K$15.92$27K
2026-05-26
filed 2026-05-27
Platt Joseph P JRDirectorSell11.7K$16.87$198K
2026-05-19
filed 2026-05-20
Platt Joseph P JRDirectorSell23.6K$18.01$425K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
602.5K
settled 2026-08-14
Change vs prior
-0.1%
vs previous settlement
Days to cover
3.96
at avg daily volume
Avg daily volume
152.0K
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-14602.5K-0.1%3.96
2026-07-31603.3K-13.5%4.07
2026-07-15697.7K+9.8%4.27
2026-06-30635.4K+89.6%3.11
2026-06-15335.2K+10.4%2.06
2026-05-29303.5K-15.3%1.54
2026-05-15358.3K-1.8%1.85
2026-04-30365.0K+2.7%1.87

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$729.8M$696.0M$667.1M$526.7M$588.6M
Gross profit
Operating income
Net income$74.8M$42.8M$86.8M$25.3M$17.6M
Diluted EPS$2.17$1.24$2.50$0.73$0.51

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$111.8M$64.7M$51.1M$38.2M$76.3M
Current assets
Total assets$2.17B$2.02B$1.74B$1.58B$1.43B
Current liabilities
Long-term debt$4.7M$60.7M$73.3M$80.5M
Total liabilities$1.46B$1.38B$1.14B$1.08B$951.8M
Total equity$708.0M$635.9M$596.1M$503.1M$475.7M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$210.2M$111.5M$7.5M$-31.8M$-56.3M
Capital expenditure
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$137.5M-14.1%$-29.6M$-0.89
Q1 FY2026$189.7M-11.1%$35.8M$1.05
Q4 FY2025$210.3M48.3%$49.3M$1.43
Q3 FY2025$146.1M-22.3%$-4.4M$-0.13
Q2 FY2025$160.1M-8.4%$329,000$0.01
Q1 FY2025$213.3M11.5%$29.6M$0.86
Q4 FY2024$141.8M-8.8%$-27.4M$-0.80
Q3 FY2024$188.0M12.6%$35.2M$1.01

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorFinancials
SIC industryFire, Marine & Casualty Insurance
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2007
SEC CIK1385613

Selected SEC filings

10-K2026-03-09
View on EDGAR →
10-Q2026-08-04
View on EDGAR →
10-Q2026-05-05
View on EDGAR →
8-K2026-08-04
View on EDGAR →
8-K2026-08-03
View on EDGAR →
8-K2026-06-01
View on EDGAR →
8-K2026-05-05
View on EDGAR →

Largest insurance peers

All insurance stocksAll Financials companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.