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

INTERPARFUMS INC is the larger business by last-quarter revenue ($386.2M vs $210.3M, roughly 1.8× GREENLIGHT CAPITAL RE, LTD.). GREENLIGHT CAPITAL RE, LTD. runs the higher net margin — 23.4% vs 7.3%, a 16.2% gap on every dollar of revenue. On growth, GREENLIGHT CAPITAL RE, LTD. posted the faster year-over-year revenue change (48.3% vs 6.8%). Over the past eight quarters, INTERPARFUMS INC's revenue compounded faster (9.2% CAGR vs 4.8%).

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.

Inter Parfums Inc is a global prestige fragrance firm that develops, manufactures and distributes perfumes, body care and related cosmetics. It partners with top luxury fashion and lifestyle brands to launch licensed fragrance lines, serving consumers across North America, Europe, Asia Pacific and other key markets via department stores, beauty retailers and official e-commerce channels.

GLRE vs IPAR — Head-to-Head

Bigger by revenue
IPAR
IPAR
1.8× larger
IPAR
$386.2M
$210.3M
GLRE
Growing faster (revenue YoY)
GLRE
GLRE
+41.4% gap
GLRE
48.3%
6.8%
IPAR
Higher net margin
GLRE
GLRE
16.2% more per $
GLRE
23.4%
7.3%
IPAR
Faster 2-yr revenue CAGR
IPAR
IPAR
Annualised
IPAR
9.2%
4.8%
GLRE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GLRE
GLRE
IPAR
IPAR
Revenue
$210.3M
$386.2M
Net Profit
$49.3M
$28.1M
Gross Margin
61.5%
Operating Margin
7.1%
Net Margin
23.4%
7.3%
Revenue YoY
48.3%
6.8%
Net Profit YoY
279.7%
16.0%
EPS (diluted)
$1.43
$0.88

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
GLRE
GLRE
IPAR
IPAR
Q4 25
$210.3M
$386.2M
Q3 25
$146.1M
$429.6M
Q2 25
$160.1M
$333.9M
Q1 25
$213.3M
$338.8M
Q4 24
$141.8M
$361.5M
Q3 24
$188.0M
$424.6M
Q2 24
$174.9M
$342.2M
Q1 24
$191.3M
$324.0M
Net Profit
GLRE
GLRE
IPAR
IPAR
Q4 25
$49.3M
$28.1M
Q3 25
$-4.4M
$65.8M
Q2 25
$329.0K
$32.0M
Q1 25
$29.6M
$42.5M
Q4 24
$-27.4M
$24.2M
Q3 24
$35.2M
$62.3M
Q2 24
$8.0M
$36.8M
Q1 24
$27.0M
$41.0M
Gross Margin
GLRE
GLRE
IPAR
IPAR
Q4 25
61.5%
Q3 25
63.5%
Q2 25
66.2%
Q1 25
63.7%
Q4 24
64.5%
Q3 24
63.9%
Q2 24
64.5%
Q1 24
62.5%
Operating Margin
GLRE
GLRE
IPAR
IPAR
Q4 25
7.1%
Q3 25
25.3%
Q2 25
17.7%
Q1 25
22.2%
Q4 24
10.0%
Q3 24
25.0%
Q2 24
18.9%
Q1 24
21.0%
Net Margin
GLRE
GLRE
IPAR
IPAR
Q4 25
23.4%
7.3%
Q3 25
-3.0%
15.3%
Q2 25
0.2%
9.6%
Q1 25
13.9%
12.5%
Q4 24
-19.3%
6.7%
Q3 24
18.7%
14.7%
Q2 24
4.6%
10.8%
Q1 24
14.1%
12.7%
EPS (diluted)
GLRE
GLRE
IPAR
IPAR
Q4 25
$1.43
$0.88
Q3 25
$-0.13
$2.05
Q2 25
$0.01
$0.99
Q1 25
$0.86
$1.32
Q4 24
$-0.78
$0.78
Q3 24
$1.01
$1.93
Q2 24
$0.23
$1.14
Q1 24
$0.78
$1.27

Balance Sheet & Financial Strength

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

Metric
GLRE
GLRE
IPAR
IPAR
Cash + ST InvestmentsLiquidity on hand
$111.8M
$137.1M
Total DebtLower is stronger
$4.7M
$176.0M
Stockholders' EquityBook value
$708.0M
$880.7M
Total Assets
$2.2B
$1.6B
Debt / EquityLower = less leverage
0.01×
0.20×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GLRE
GLRE
IPAR
IPAR
Q4 25
$111.8M
$137.1M
Q3 25
$68.8M
$77.5M
Q2 25
$82.4M
$53.9M
Q1 25
$47.5M
$75.3M
Q4 24
$64.7M
$109.3M
Q3 24
$54.6M
$78.8M
Q2 24
$52.2M
$37.7M
Q1 24
$61.6M
$76.1M
Total Debt
GLRE
GLRE
IPAR
IPAR
Q4 25
$4.7M
$176.0M
Q3 25
$34.7M
Q2 25
$58.9M
Q1 25
$59.8M
Q4 24
$60.7M
$157.3M
Q3 24
$62.6M
Q2 24
$61.6M
Q1 24
$72.5M
Stockholders' Equity
GLRE
GLRE
IPAR
IPAR
Q4 25
$708.0M
$880.7M
Q3 25
$658.9M
$870.9M
Q2 25
$663.3M
$839.4M
Q1 25
$666.8M
$788.6M
Q4 24
$635.9M
$744.9M
Q3 24
$663.4M
$778.5M
Q2 24
$634.0M
$717.1M
Q1 24
$624.5M
$708.1M
Total Assets
GLRE
GLRE
IPAR
IPAR
Q4 25
$2.2B
$1.6B
Q3 25
$2.1B
$1.6B
Q2 25
$2.2B
$1.6B
Q1 25
$2.2B
$1.4B
Q4 24
$2.0B
$1.4B
Q3 24
$2.0B
$1.5B
Q2 24
$1.9B
$1.4B
Q1 24
$1.9B
$1.3B
Debt / Equity
GLRE
GLRE
IPAR
IPAR
Q4 25
0.01×
0.20×
Q3 25
0.05×
Q2 25
0.09×
Q1 25
0.09×
Q4 24
0.10×
0.21×
Q3 24
0.09×
Q2 24
0.10×
Q1 24
0.12×

Cash Flow & Capital Efficiency

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

Metric
GLRE
GLRE
IPAR
IPAR
Operating Cash FlowLast quarter
$100.2M
$146.5M
Free Cash FlowOCF − Capex
$145.0M
FCF MarginFCF / Revenue
37.5%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
2.03×
5.21×
TTM Free Cash FlowTrailing 4 quarters
$190.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GLRE
GLRE
IPAR
IPAR
Q4 25
$100.2M
$146.5M
Q3 25
$31.2M
$63.9M
Q2 25
$68.4M
$11.9M
Q1 25
$10.4M
$-7.4M
Q4 24
$29.5M
$138.0M
Q3 24
$41.3M
$76.1M
Q2 24
$22.7M
$25.5M
Q1 24
$18.0M
$-52.0M
Free Cash Flow
GLRE
GLRE
IPAR
IPAR
Q4 25
$145.0M
Q3 25
$57.6M
Q2 25
$-3.3M
Q1 25
$-8.8M
Q4 24
$136.1M
Q3 24
$75.4M
Q2 24
$24.4M
Q1 24
$-53.0M
FCF Margin
GLRE
GLRE
IPAR
IPAR
Q4 25
37.5%
Q3 25
13.4%
Q2 25
-1.0%
Q1 25
-2.6%
Q4 24
37.7%
Q3 24
17.8%
Q2 24
7.1%
Q1 24
-16.4%
Capex Intensity
GLRE
GLRE
IPAR
IPAR
Q4 25
0.4%
Q3 25
1.5%
Q2 25
4.5%
Q1 25
0.4%
Q4 24
0.5%
Q3 24
0.2%
Q2 24
0.3%
Q1 24
0.3%
Cash Conversion
GLRE
GLRE
IPAR
IPAR
Q4 25
2.03×
5.21×
Q3 25
0.97×
Q2 25
208.02×
0.37×
Q1 25
0.35×
-0.17×
Q4 24
5.69×
Q3 24
1.17×
1.22×
Q2 24
2.85×
0.69×
Q1 24
0.66×
-1.27×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GLRE
GLRE

Other$124.7M59%
Innovations$85.6M41%

IPAR
IPAR

European Based Operations$232.7M60%
United States Based Operations$155.2M40%

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