Greenlight Capital Re, Ltd. (GLRE)

Nasdaq: GLRE · Fire, Marine & Casualty Insurance · filing with the SEC since 2007

Grade4.8

◀ Past 4.2● Present 4.9▶ Future 5.7

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Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Mar 9, 2026	Mar 10, 2025	Mar 5, 2024	Mar 8, 2023	Mar 8, 2022	Mar 10, 2021	Mar 9, 2020	Feb 27, 2019	Feb 20, 2018	Feb 22, 2017
Revenue	729,777	696,026	667,082	526,683	588,551	484,092	538,153	183,029	645,675	588,366
For lenders
Net interest income	·	·	·	-6,717	-11,655	1,711	2,773	·	·	·
Provision for credit losses	·	·	·	·	15,000	15,000	0	0	·	·
For insurers
Premiums earned	661,144	619,954	583,147	469,477	539,279	455,411	483,580	508,363	626,004	513,118
Net investment income	24,457	45,954	43,408	8,350	·	·	·	·	·	·
Benefits, claims and losses	411,592	427,269	360,004	316,485	374,980	337,833	388,487	363,873	502,404	380,815
Total benefits, losses and expenses	651,466	652,461	580,152	502,157	567,227	479,802	541,656	537,026	690,500	541,157
General and administrative	·	·	43,240	31,606	29,369	26,401	29,822	25,173	26,356	25,808
Interest expense	·	·	·	·	·	6,280	6,263	2,505	0	·
Interest and investment income	·	·	·	10,865	200	5,419	16,059	35,468	25,510	·
Share of profit of equity-method investments	35,711	33,605	28,696	54,844^r	18,087^r	843	700	-247	0	0
Income before income taxes	78,311	43,565	86,930	·	·	·	·	-353,997	-44,825	47,209
Income tax expense	3,479	749	100	-816	3,746	424	483	332	-451	509
Net income including non-controlling interests	·	·	86,830	25,342	17,578	3,866	-3,986	-354,329	-44,374	46,700
Net income to non-controlling interests	·	·	·	·	·	·	0	-4,275	579^r	1,818^r
Net income	74,832	42,816	86,830	25,342	17,578	3,866	-3,986	-350,054	-44,952	44,881
Net income to common shareholders	74,832	42,816	86,830	25,342	17,578	3,866	·	·	·	·
Earnings per share, basic	2.21	1.26	2.55	0.75	0.51	0.11	-0.11	-9.74	-1.21	1.20
Earnings per share, diluted	2.17	1.24	2.50	0.73	0.51	0.11	-0.11	-9.74	-1.21	1.20
Weighted average shares, basic	33,816,820	34,097,572	34,067,974	33,908,156	34,204,364	36,172,216	36,079,419	35,951,659	37,002,260	37,267,145
Weighted average shares, diluted	34,502,525	34,653,453	34,797,859	39,769,790	34,351,016	36,278,028	36,079,419	35,951,659	37,002,260	37,340,018

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it soldus-gaap:Revenues

Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet

Provision for credit losses set aside for loans that may not be repaidus-gaap:ProvisionForLoanLeaseAndOtherLosses

Premiums earned insurance premiums earned in the periodus-gaap:PremiumsEarnedNet

Net investment income what its investments earnedus-gaap:NetInvestmentIncome

Benefits, claims and losses what it paid or set aside for claimsus-gaap:PolicyholderBenefitsAndClaimsIncurredNet

Total benefits, losses and expenses claims and every other cost togetherus-gaap:BenefitsLossesAndExpenses

General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense

Interest expense what its borrowing costus-gaap:InterestExpense

Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterestAndDividend

Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments

Income before income taxes profit before tax

us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton GLRE · research, not advice