Filing Flows › Greenlight Capital RE (GLRE) › Q3 2026
Greenlight Capital RE (GLRE) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 2, 2026
Greenlight Capital RE (GLRE) reported revenue of $148M for the third quarter 2026 (Q3 2026), +2% from a year earlier and +8% from the quarter before. Operating margin was 2.4%, net earnings $3.2M (2.2% of revenue).
Greenlight Capital RE, Q3 2026: revenue $148M (+2% year over year), operating margin 2.4%, net earnings $3.2M, operating cash flow $4.9M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $148M | +8% | +2% |
| Operating profit | $3.6M | — | — |
| Net earnings | $3.2M | — | — |
| Operating cash flow | $4.9M | -84% | -84% |
What changed
Revenue was $148.3M in Q3 2026, up 2% year over year and up 8% from the previous quarter.
Operating profit was $3.6M, a 2.4% margin (up 5.1 points year over year). Total costs fell 4% while revenue rose 2%. Net earnings were $3.2M. The effective tax rate was 10.7%.
Operating cash flow was $4.9M (down 84% year over year), 152% of net earnings. Non-cash charges added back $1.6M of share-based compensation.
Questions
What was Greenlight Capital RE's revenue in the third quarter 2026?
Greenlight Capital RE (GLRE) reported revenue of $148M for the third quarter 2026 (Q3 2026), +2% from a year earlier and +8% from the quarter before.
Was Greenlight Capital RE profitable in the third quarter 2026?
Operating profit was $3.6M (2.4% of revenue) and net earnings $3.2M.