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Side-by-side financial comparison of FLEXSTEEL INDUSTRIES INC (FLXS) and GREENLIGHT CAPITAL RE, LTD. (GLRE). Click either name above to swap in a different company.

GREENLIGHT CAPITAL RE, LTD. is the larger business by last-quarter revenue ($210.3M vs $115.1M, roughly 1.8× FLEXSTEEL INDUSTRIES INC). GREENLIGHT CAPITAL RE, LTD. runs the higher net margin — 23.4% vs 17.7%, a 5.7% gap on every dollar of revenue. On growth, GREENLIGHT CAPITAL RE, LTD. posted the faster year-over-year revenue change (48.3% vs 1.0%). Over the past eight quarters, GREENLIGHT CAPITAL RE, LTD.'s revenue compounded faster (4.8% CAGR vs 1.9%).

Flexsteel Industries Inc is a leading U.S.-headquartered furniture manufacturer that designs, produces and distributes a wide portfolio of upholstered residential, commercial, and hospitality furniture. It primarily operates across North American markets, serving end consumers, retail partners and corporate clients through its extensive distribution network.

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.

FLXS vs GLRE — Head-to-Head

Bigger by revenue
GLRE
GLRE
1.8× larger
GLRE
$210.3M
$115.1M
FLXS
Growing faster (revenue YoY)
GLRE
GLRE
+47.3% gap
GLRE
48.3%
1.0%
FLXS
Higher net margin
GLRE
GLRE
5.7% more per $
GLRE
23.4%
17.7%
FLXS
Faster 2-yr revenue CAGR
GLRE
GLRE
Annualised
GLRE
4.8%
1.9%
FLXS

Income Statement — Q1 FY2027 vs Q4 FY2025

Metric
FLXS
FLXS
GLRE
GLRE
Revenue
$115.1M
$210.3M
Net Profit
$20.4M
$49.3M
Gross Margin
22.6%
Operating Margin
Net Margin
17.7%
23.4%
Revenue YoY
1.0%
48.3%
Net Profit YoY
116.0%
279.7%
EPS (diluted)
$1.14
$1.43

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FLXS
FLXS
GLRE
GLRE
Q3 26
$115.1M
Q4 25
$118.2M
$210.3M
Q3 25
$110.4M
$146.1M
Q2 25
$114.6M
$160.1M
Q1 25
$114.0M
$213.3M
Q4 24
$108.5M
$141.8M
Q3 24
$104.0M
$188.0M
Q2 24
$110.8M
$174.9M
Net Profit
FLXS
FLXS
GLRE
GLRE
Q3 26
$20.4M
Q4 25
$6.6M
$49.3M
Q3 25
$7.3M
$-4.4M
Q2 25
$10.7M
$329.0K
Q1 25
$-3.7M
$29.6M
Q4 24
$9.1M
$-27.4M
Q3 24
$4.1M
$35.2M
Q2 24
$4.9M
$8.0M
Gross Margin
FLXS
FLXS
GLRE
GLRE
Q3 26
22.6%
Q4 25
22.7%
Q3 25
23.5%
Q2 25
23.9%
Q1 25
22.2%
Q4 24
21.0%
Q3 24
21.5%
Q2 24
21.3%
Operating Margin
FLXS
FLXS
GLRE
GLRE
Q3 26
Q4 25
7.6%
Q3 25
8.1%
Q2 25
12.2%
Q1 25
-4.4%
Q4 24
10.7%
Q3 24
5.8%
Q2 24
6.9%
Net Margin
FLXS
FLXS
GLRE
GLRE
Q3 26
17.7%
Q4 25
5.6%
23.4%
Q3 25
6.6%
-3.0%
Q2 25
9.3%
0.2%
Q1 25
-3.3%
13.9%
Q4 24
8.3%
-19.3%
Q3 24
4.0%
18.7%
Q2 24
4.4%
4.6%
EPS (diluted)
FLXS
FLXS
GLRE
GLRE
Q3 26
$1.14
Q4 25
$1.18
$1.43
Q3 25
$1.31
$-0.13
Q2 25
$1.90
$0.01
Q1 25
$-0.71
$0.86
Q4 24
$1.62
$-0.78
Q3 24
$0.74
$1.01
Q2 24
$0.87
$0.23

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FLXS
FLXS
GLRE
GLRE
Cash + ST InvestmentsLiquidity on hand
$57.3M
$111.8M
Total DebtLower is stronger
$4.7M
Stockholders' EquityBook value
$185.3M
$708.0M
Total Assets
$290.2M
$2.2B
Debt / EquityLower = less leverage
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FLXS
FLXS
GLRE
GLRE
Q3 26
$57.3M
Q4 25
$36.8M
$111.8M
Q3 25
$38.6M
$68.8M
Q2 25
$40.0M
$82.4M
Q1 25
$22.6M
$47.5M
Q4 24
$11.8M
$64.7M
Q3 24
$5.7M
$54.6M
Q2 24
$4.8M
$52.2M
Total Debt
FLXS
FLXS
GLRE
GLRE
Q3 26
Q4 25
$4.7M
Q3 25
$34.7M
Q2 25
$58.9M
Q1 25
$59.8M
Q4 24
$60.7M
Q3 24
$62.6M
Q2 24
$61.6M
Stockholders' Equity
FLXS
FLXS
GLRE
GLRE
Q3 26
$185.3M
Q4 25
$178.9M
$708.0M
Q3 25
$172.2M
$658.9M
Q2 25
$167.9M
$663.3M
Q1 25
$158.1M
$666.8M
Q4 24
$161.9M
$635.9M
Q3 24
$154.7M
$663.4M
Q2 24
$150.4M
$634.0M
Total Assets
FLXS
FLXS
GLRE
GLRE
Q3 26
$290.2M
Q4 25
$290.2M
$2.2B
Q3 25
$281.5M
$2.1B
Q2 25
$282.5M
$2.2B
Q1 25
$266.1M
$2.2B
Q4 24
$271.5M
$2.0B
Q3 24
$268.7M
$2.0B
Q2 24
$274.5M
$1.9B
Debt / Equity
FLXS
FLXS
GLRE
GLRE
Q3 26
Q4 25
0.01×
Q3 25
0.05×
Q2 25
0.09×
Q1 25
0.09×
Q4 24
0.10×
Q3 24
0.09×
Q2 24
0.10×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FLXS
FLXS
GLRE
GLRE
Operating Cash FlowLast quarter
$27.2M
$100.2M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.33×
2.03×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FLXS
FLXS
GLRE
GLRE
Q3 26
$27.2M
Q4 25
$1.0M
$100.2M
Q3 25
$4.1M
$31.2M
Q2 25
$15.6M
$68.4M
Q1 25
$12.3M
$10.4M
Q4 24
$6.7M
$29.5M
Q3 24
$2.4M
$41.3M
Q2 24
$7.5M
$22.7M
Free Cash Flow
FLXS
FLXS
GLRE
GLRE
Q3 26
Q4 25
$-735.0K
Q3 25
$2.8M
Q2 25
$15.1M
Q1 25
$10.9M
Q4 24
$5.8M
Q3 24
$2.0M
Q2 24
$7.1M
FCF Margin
FLXS
FLXS
GLRE
GLRE
Q3 26
Q4 25
-0.6%
Q3 25
2.5%
Q2 25
13.1%
Q1 25
9.6%
Q4 24
5.3%
Q3 24
1.9%
Q2 24
6.4%
Capex Intensity
FLXS
FLXS
GLRE
GLRE
Q3 26
Q4 25
1.5%
Q3 25
1.2%
Q2 25
0.5%
Q1 25
1.2%
Q4 24
0.8%
Q3 24
0.4%
Q2 24
0.4%
Cash Conversion
FLXS
FLXS
GLRE
GLRE
Q3 26
1.33×
Q4 25
0.15×
2.03×
Q3 25
0.56×
Q2 25
1.46×
208.02×
Q1 25
0.35×
Q4 24
0.74×
Q3 24
0.58×
1.17×
Q2 24
1.53×
2.85×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FLXS
FLXS

Segment breakdown not available.

GLRE
GLRE

Other$124.7M59%
Innovations$85.6M41%

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