Filing Flows › Greenlight Capital RE (GLRE) › Q2 2026
Greenlight Capital RE (GLRE) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 4, 2026
Greenlight Capital RE (GLRE) reported revenue of $137M for the second quarter 2026 (Q2 2026), -14% from a year earlier and -28% from the quarter before. Operating margin was -21.4%, net loss $29.6M (21.5% of revenue).
Greenlight Capital RE, Q2 2026: revenue $137M (-14% year over year), operating margin -21.4%, net loss $29.6M, operating cash flow $31.4M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $137M | -28% | -14% |
| Operating profit | −$29.4M | -182% | -4461% |
| Net earnings | −$29.6M | -183% | -9096% |
| Operating cash flow | $31.4M | -16% | -54% |
What changed
Revenue was $137.5M in Q2 2026, down 14% year over year and down 28% from the previous quarter.
Operating costs exceeded revenue by $29.4M, an operating margin of -21.4%. Total costs grew 5% against a revenue fall of 14%. The quarter ended with a net loss of $29.6M, after a profit of $35.8M the previous quarter.
Operating cash flow was $31.4M (down 54% year over year). Non-cash charges added back $317K of share-based compensation. Working capital and other items added $60.7M.
Questions
What was Greenlight Capital RE's revenue in the second quarter 2026?
Greenlight Capital RE (GLRE) reported revenue of $137M for the second quarter 2026 (Q2 2026), -14% from a year earlier and -28% from the quarter before.
Was Greenlight Capital RE profitable in the second quarter 2026?
Operating loss was $29.4M (-21.4% of revenue) and net loss $29.6M.