GREENLIGHT CAPITAL RE, LTD.GLREEarnings & Financial Report
Greenlight Capital is an American hedge fund founded in 1996 by David Einhorn. Greenlight invests primarily in publicly traded North American corporate debt offerings and equities. Greenlight is most notable for its short selling of Lehman stock prior to Lehman Brothers' collapse in 2008 and the $11 million fine they received in January 2012 for insider trading in the UK. Einhorn remains the fund's manager.
Revenue
$160.1M
Gross Profit
N/A
Operating Profit
N/A
Net Profit
$329.0K
Gross Margin
N/A
Operating Margin
N/A
Net Margin
0.2%
YoY Growth
-8.4%
EPS
$0.01
GREENLIGHT CAPITAL RE, LTD. Q2 FY2025 Financial Summary
GREENLIGHT CAPITAL RE, LTD. reported revenue of $160.1M (down 8.4% YoY) for Q2 FY2025, with a net profit of $329.0K (down 95.9% YoY) (0.2% margin).
Key Financial Metrics
| Total Revenue | $160.1M |
|---|---|
| Net Profit | $329.0K |
| Gross Margin | N/A |
| Operating Margin | N/A |
| Report Period | Q2 FY2025 |
GREENLIGHT CAPITAL RE, LTD. Annual Revenue by Year
GREENLIGHT CAPITAL RE, LTD. annual revenue history includes year-by-year totals (for example, 2025 revenue was $729.8M).
| Year | Annual Revenue |
|---|---|
| 2025 | $729.8M |
| 2024 | $696.0M |
| 2023 | $667.1M |
| 2022 | $526.7M |
GREENLIGHT CAPITAL RE, LTD. Quarterly Revenue & Net Profit History
GREENLIGHT CAPITAL RE, LTD. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $210.3M | +48.3% | $49.3M | 23.4% |
| Q3 FY2025 | $146.1M | -22.3% | $-4.4M | -3.0% |
| Q2 FY2025 | $160.1M | -8.4% | $329.0K | 0.2% |
| Q1 FY2025 | $213.3M | +11.5% | $29.6M | 13.9% |
| Q4 FY2024 | $141.8M | -8.8% | $-27.4M | -19.3% |
| Q3 FY2024 | $188.0M | +12.6% | $35.2M | 18.7% |
| Q2 FY2024 | $174.9M | -7.8% | $8.0M | 4.6% |
| Q1 FY2024 | $191.3M | +23.4% | $27.0M | 14.1% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $191.3M | $174.9M | $188.0M | $141.8M | $213.3M | $160.1M | $146.1M | $210.3M |
| YoY Growth | 23.4% | -7.8% | 12.6% | -8.8% | 11.5% | -8.4% | -22.3% | 48.3% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.88B | $1.90B | $2.00B | $2.02B | $2.15B | $2.19B | $2.13B | $2.17B |
| Liabilities | $1.25B | $1.27B | $1.34B | $1.38B | $1.49B | $1.52B | $1.48B | $1.46B |
| Equity | $624.5M | $634.0M | $663.4M | $635.9M | $666.8M | $663.3M | $658.9M | $708.0M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $18.0M | $22.7M | $41.3M | $29.5M | $10.4M | $68.4M | $31.2M | $100.2M |