Filing Flows › Global Indemnity Group, LLC (GBLI) › Q1 2025
Global Indemnity Group, LLC (GBLI) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 7, 2025
Global Indemnity Group, LLC (GBLI) reported revenue of $109M for the first quarter 2025 (Q1 2025), -3% from a year earlier and +0.2% from the quarter before. Operating margin was -4.7%, net loss $4.0M (3.7% of revenue).
Global Indemnity Group, LLC, Q1 2025: revenue $109M (-3% year over year), operating margin -4.7%, net loss $4.0M, operating cash flow $2.4M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $109M | +0.2% | -3% |
| Operating profit | −$5.1M | — | — |
| Net earnings | −$4.0M | — | — |
| Operating cash flow | $2.4M | — | -89% |
What changed
Revenue was $108.7M in Q1 2025, down 3% year over year and roughly flat from the previous quarter.
Operating costs exceeded revenue by $5.1M, an operating margin of -4.7%. Total costs grew 16% against a revenue fall of 3%. The quarter ended with a net loss of $4.0M, after a profit of $9.0M the previous quarter.
Operating cash flow was $2.4M (down 89% year over year). Non-cash charges added back $1.4M of depreciation and amortization and $3.5M of share-based compensation. Working capital and other items added $1.4M.
Questions
What was Global Indemnity Group, LLC's revenue in the first quarter 2025?
Global Indemnity Group, LLC (GBLI) reported revenue of $109M for the first quarter 2025 (Q1 2025), -3% from a year earlier and +0.2% from the quarter before.
Was Global Indemnity Group, LLC profitable in the first quarter 2025?
Operating loss was $5.1M (-4.7% of revenue) and net loss $4.0M.