Build an Inve Case for GLRE → Read the full call → US$ mn · quarterly
Greenlight Capital Re (GLRE) earnings
Greenlight Capital Re earnings: last reported Wed, 5 Aug 2026, for the quarter ended Jun 2026.
Greenlight Capital Re earnings callsGreenlight Capital Re earnings calls (GLRE)
Latest concall · Q2 2026 · call held call held 05 Aug 2026
Greenlight Capital Re Q2 FY26 — Underwriting Challenges Offset by Innovations Growth and Investment Rebound
What went well
- Innovations segment recorded a solid underwriting profit of $2.6 million with a combined ratio of 89.7%.
- Solasglas fund returned 4.9% in July, bringing 2026 year-to-date return to 6.1%.
- Attritional loss ratio improved by 4.3 percentage points to 51.7% in Q2 FY27.
What to watch
- Reported a net loss of $29.6 million, or $0.89 per diluted share, in Q2 FY27.
- Underwriting result included a $20 million provision for Middle East conflict losses and a $6.5 million provision for a Qatar refinery explosion.
Performance +14.7% 1Y
1Y: $12.64 on 29 Sept 2025 → $14.5. High $19 (24 Apr 2026), low $11.95 (4 Nov 2025).
Quarterly results
Q2 FY26: revenue down 14.1%, net profit down 9095.7% against the same quarter last year.
| Line item | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 188 | 142 | 213 | 160 | 146 −22% | 210 +48% | 190 −11% | 137 −14% |
| Net profit | 35 | -27 | 30 | 0 | -4 −113% | 49 +280% | 36 +21% | -30 −9096% |
How to read this
US$ million, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Balance sheet
| Year ending | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|
| Equity capital | $3.45M | $3.38M | $3.48M | $3.53M | $3.48M | $3.39M |
| Reserves | -$27.08M | -$9.51M | $21.20M | $108.03M | $150.84M | $225.68M |
| Total liabilities | $892.79M | $951.83M | $1.08B | $1.14B | $1.38B | $1.46B |
| Total assets | $1.36B | $1.43B | $1.58B | $1.74B | $2.02B | $2.17B |
How to read this
As filed on each reporting date, including interim balance sheets. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Insider filings
50 filings between Nov 6, 2025 and Sep 28, 2026.
Open market
decisions to buy or sellPurchases
$953.0K
6 purchases by 4 insiders
Sales
$2.20M
24 sales by 9 insiders
Compensation
not trading decisions- 19
- Award — granted as compensation
Also filed: 1 disposition to issuer.
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Platt Joseph P JR | $64.9K | $967.1K | May 26, 2026 |
| Isaacs Ian | — | $722.1K | Sep 28, 2026 |
| Richardson Greg | $637.3K | — | Nov 7, 2025 |
| Diaz Sherry | — | $203.6K | Sep 17, 2026 |
| Goldberg Leonard R | $186.2K | — | Aug 10, 2026 |
| Sigmon David | — | $130.0K | May 14, 2026 |
| CURNOCK THOMAS JAMES | — | $125.1K | Mar 9, 2026 |
| Foley Ursuline F | $64.6K | — | Nov 20, 2025 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 28, 2026 | Isaacs Ian Director | Sale | 5,150 | $76.7K |
| Sep 25, 2026 | Isaacs Ian Director | Sale | 10,000 | $149.5K |
| Sep 17, 2026 | Diaz Sherry Controller | Sale | 13,500 | $203.6K |
| Sep 14, 2026 | Isaacs Ian Director | Sale | 4,850 | $73.4K |
| Sep 3, 2026 | Welch John Director | Award | 13,356 | $0 |
| Aug 28, 2026 | Isaacs Ian Director | Sale | 4,054 | $62.5K |
| Aug 27, 2026 | Isaacs Ian Director | Sale | 946 | $14.6K |
| Aug 10, 2026 | Goldberg Leonard R Director | Purchase | 6,000 | $92.5K |
| Aug 7, 2026 | Goldberg Leonard R Director | Purchase | 6,000 | $93.7K |
| Aug 7, 2026 | Foley Ursuline F Director | Award | 7,992 | $0 |
| Aug 7, 2026 | FERRARI JOHNNY Director | Award | 7,992 | $0 |
| Aug 7, 2026 | Isaacs Ian Director | Award | 7,992 | $0 |
| Aug 7, 2026 | Murphy Bryan Director | Award | 7,992 | $0 |
| Aug 7, 2026 | Warszawski Ariel Director | Award | 14,386 | $0 |
| Aug 7, 2026 | Guest Victoria W Director | Award | 7,992 | $0 |
| Aug 7, 2026 | Platt Joseph P JR Director | Award | 7,992 | $0 |
| Aug 7, 2026 | Goldberg Leonard R Director | Award | 7,992 | $0 |
| Aug 3, 2026 | EINHORN DAVID Director | Disposition to issuer | 106,060 | $1.71M |
| Jun 29, 2026 | Isaacs Ian Director | Sale | 1,191 | $19.9K |
| Jun 25, 2026 | Isaacs Ian Director | Sale | 4,000 | $64.2K |
| Jun 24, 2026 | Isaacs Ian Director | Sale | 5,000 | $83.2K |
| Jun 23, 2026 | O'BRIEN PATRICK Chief Operating Officer | Sale | 3,026 | $49.5K |
| Jun 23, 2026 | Isaacs Ian Director | Sale | 9,230 | $150.7K |
| Jun 22, 2026 | Isaacs Ian Director | Sale | 1,716 | $27.3K |
| May 26, 2026 | Platt Joseph P JR Director | Sale | 11,747 | $198.2K |
| May 19, 2026 | Platt Joseph P JR Director | Sale | 23,613 | $425.3K |
| May 14, 2026 | Platt Joseph P JR Director | Sale | 12,000 | $210.0K |
| May 14, 2026 | Sigmon David General Counsel | Sale | 7,500 | $130.0K |
| May 13, 2026 | Platt Joseph P JR Director | Sale | 820 | $14.3K |
| May 12, 2026 | Platt Joseph P JR Director | Sale | 6,820 | $119.3K |
| May 8, 2026 | Sigmon David General Counsel | Award | 5,006 | $0 |
| Mar 13, 2026 | Diaz Sherry Controller | Award | 3,808 | $0 |
| Mar 13, 2026 | Strommer Richard Paul Chief Actuary | Award | 4,623 | $0 |
| Mar 13, 2026 | Richardson Greg Chief Executive Officer | Award | 26,417 | $0 |
| Mar 13, 2026 | OReilly Brian Joseph Head of Innovations | Award | 6,395 | $0 |
| Mar 13, 2026 | Romer Faramarz Chief Financial Officer | Award | 7,705 | $0 |
| Mar 13, 2026 | O'BRIEN PATRICK Chief Operating Officer | Award | 9,273 | $0 |
| Mar 13, 2026 | CURNOCK THOMAS JAMES Grp Chief Underwriting Officer | Award | 9,158 | $0 |
| Mar 13, 2026 | Archambault Steven Chief Accounting Officer | Award | 6,258 | $0 |
| Mar 9, 2026 | OReilly Brian Joseph Head of Innovations | Sale | 2,195 | $0 |
| Mar 9, 2026 | CURNOCK THOMAS JAMES Grp Chief Underwriting Officer | Sale | 6,552 | $0 |
| Mar 9, 2026 | Romer Faramarz Chief Financial Officer | Sale | 2,689 | $0 |
| Mar 9, 2026 | Diaz Sherry Controller | Sale | 987 | $0 |
| Mar 9, 2026 | O'BRIEN PATRICK Chief Operating Officer | Award | 31,961 | $0 |
| Mar 9, 2026 | Strommer Richard Paul Chief Actuary | Sale | 2,786 | $0 |
| Nov 20, 2025 | Foley Ursuline F Director | Purchase | 5,000 | $64.6K |
| Nov 18, 2025 | Platt Joseph P JR Director | Purchase | 5,000 | $64.9K |
| Nov 7, 2025 | Richardson Greg Chief Executive Officer | Purchase | 20,000 | $258.4K |
| Nov 7, 2025 | CURNOCK THOMAS JAMES Grp Chief Underwriting Officer | Sale | 9,942 | $125.1K |
| Nov 6, 2025 | Richardson Greg Chief Executive Officer | Purchase | 30,000 | $378.9K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.