vs

Side-by-side financial comparison of GREENLIGHT CAPITAL RE, LTD. (GLRE) and Wingstop Inc. (WING). 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 $183.7M, roughly 1.1× Wingstop Inc.). GREENLIGHT CAPITAL RE, LTD. runs the higher net margin — 23.4% vs 16.3%, a 7.2% gap on every dollar of revenue. On growth, GREENLIGHT CAPITAL RE, LTD. posted the faster year-over-year revenue change (48.3% vs 7.4%). Over the past eight quarters, Wingstop Inc.'s revenue compounded faster (8.6% 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.

Wingstop Inc. is an American international fast food chain that primarily sells buffalo wings. Wingstop locations are decorated with a 1930s and 1940s pre-jet aviation theme.

GLRE vs WING — Head-to-Head

Bigger by revenue
GLRE
GLRE
1.1× larger
GLRE
$210.3M
$183.7M
WING
Growing faster (revenue YoY)
GLRE
GLRE
+40.9% gap
GLRE
48.3%
7.4%
WING
Higher net margin
GLRE
GLRE
7.2% more per $
GLRE
23.4%
16.3%
WING
Faster 2-yr revenue CAGR
WING
WING
Annualised
WING
8.6%
4.8%
GLRE

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
GLRE
GLRE
WING
WING
Revenue
$210.3M
$183.7M
Net Profit
$49.3M
$29.9M
Gross Margin
86.5%
Operating Margin
27.4%
Net Margin
23.4%
16.3%
Revenue YoY
48.3%
7.4%
Net Profit YoY
279.7%
EPS (diluted)
$1.43
$1.08

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
WING
WING
Q1 26
$183.7M
Q4 25
$210.3M
$175.7M
Q3 25
$146.1M
$175.7M
Q2 25
$160.1M
$174.3M
Q1 25
$213.3M
$171.1M
Q4 24
$141.8M
$161.8M
Q3 24
$188.0M
$162.5M
Q2 24
$174.9M
$155.7M
Net Profit
GLRE
GLRE
WING
WING
Q1 26
$29.9M
Q4 25
$49.3M
$26.8M
Q3 25
$-4.4M
$28.5M
Q2 25
$329.0K
$26.8M
Q1 25
$29.6M
$92.3M
Q4 24
$-27.4M
$26.8M
Q3 24
$35.2M
$25.7M
Q2 24
$8.0M
$27.5M
Gross Margin
GLRE
GLRE
WING
WING
Q1 26
86.5%
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
85.6%
Q3 24
85.0%
Q2 24
85.4%
Operating Margin
GLRE
GLRE
WING
WING
Q1 26
27.4%
Q4 25
26.7%
Q3 25
27.9%
Q2 25
25.9%
Q1 25
22.4%
Q4 24
25.9%
Q3 24
24.5%
Q2 24
26.5%
Net Margin
GLRE
GLRE
WING
WING
Q1 26
16.3%
Q4 25
23.4%
15.2%
Q3 25
-3.0%
16.2%
Q2 25
0.2%
15.4%
Q1 25
13.9%
53.9%
Q4 24
-19.3%
16.5%
Q3 24
18.7%
15.8%
Q2 24
4.6%
17.7%
EPS (diluted)
GLRE
GLRE
WING
WING
Q1 26
$1.08
Q4 25
$1.43
$0.99
Q3 25
$-0.13
$1.02
Q2 25
$0.01
$0.96
Q1 25
$0.86
$3.24
Q4 24
$-0.78
$0.91
Q3 24
$1.01
$0.88
Q2 24
$0.23
$0.93

Balance Sheet & Financial Strength

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

Metric
GLRE
GLRE
WING
WING
Cash + ST InvestmentsLiquidity on hand
$111.8M
$128.8M
Total DebtLower is stronger
$4.7M
Stockholders' EquityBook value
$708.0M
Total Assets
$2.2B
$648.9M
Debt / EquityLower = less leverage
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GLRE
GLRE
WING
WING
Q1 26
$128.8M
Q4 25
$111.8M
$196.6M
Q3 25
$68.8M
$237.6M
Q2 25
$82.4M
$227.9M
Q1 25
$47.5M
$251.4M
Q4 24
$64.7M
$315.9M
Q3 24
$54.6M
$84.0M
Q2 24
$52.2M
$96.7M
Total Debt
GLRE
GLRE
WING
WING
Q1 26
Q4 25
$4.7M
$1.2B
Q3 25
$34.7M
Q2 25
$58.9M
Q1 25
$59.8M
Q4 24
$60.7M
$1.2B
Q3 24
$62.6M
Q2 24
$61.6M
Stockholders' Equity
GLRE
GLRE
WING
WING
Q1 26
Q4 25
$708.0M
$-736.8M
Q3 25
$658.9M
$-702.6M
Q2 25
$663.3M
$-686.0M
Q1 25
$666.8M
$-715.0M
Q4 24
$635.9M
$-675.6M
Q3 24
$663.4M
$-447.5M
Q2 24
$634.0M
$-437.5M
Total Assets
GLRE
GLRE
WING
WING
Q1 26
$648.9M
Q4 25
$2.2B
$693.4M
Q3 25
$2.1B
$721.0M
Q2 25
$2.2B
$708.3M
Q1 25
$2.2B
$696.8M
Q4 24
$2.0B
$716.2M
Q3 24
$2.0B
$484.8M
Q2 24
$1.9B
$451.8M
Debt / Equity
GLRE
GLRE
WING
WING
Q1 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
GLRE
GLRE
WING
WING
Operating Cash FlowLast quarter
$100.2M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
2.03×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GLRE
GLRE
WING
WING
Q1 26
Q4 25
$100.2M
$57.3M
Q3 25
$31.2M
$63.9M
Q2 25
$68.4M
$6.6M
Q1 25
$10.4M
$25.3M
Q4 24
$29.5M
$7.7M
Q3 24
$41.3M
$69.0M
Q2 24
$22.7M
$36.2M
Free Cash Flow
GLRE
GLRE
WING
WING
Q1 26
Q4 25
$34.5M
Q3 25
$61.7M
Q2 25
$-7.8M
Q1 25
$17.3M
Q4 24
$-8.6M
Q3 24
$54.9M
Q2 24
$25.9M
FCF Margin
GLRE
GLRE
WING
WING
Q1 26
Q4 25
19.6%
Q3 25
35.1%
Q2 25
-4.5%
Q1 25
10.1%
Q4 24
-5.3%
Q3 24
33.8%
Q2 24
16.6%
Capex Intensity
GLRE
GLRE
WING
WING
Q1 26
Q4 25
13.0%
Q3 25
1.3%
Q2 25
8.2%
Q1 25
4.7%
Q4 24
10.1%
Q3 24
8.7%
Q2 24
6.6%
Cash Conversion
GLRE
GLRE
WING
WING
Q1 26
Q4 25
2.03×
2.14×
Q3 25
2.24×
Q2 25
208.02×
0.25×
Q1 25
0.35×
0.27×
Q4 24
0.29×
Q3 24
1.17×
2.68×
Q2 24
2.85×
1.32×

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%

WING
WING

Royalty revenue, franchise fees and other$87.5M48%
Advertising fees$63.3M34%
Company-owned restaurant sales$33.0M18%

Related Comparisons