Filing Flows › Greenlight Capital RE (GLRE) › How it makes money
How Greenlight Capital RE (GLRE) makes money
Greenlight Capital RE (GLRE) made $148M of revenue in the third quarter 2026 (Q3 2026), +2% from a year earlier. Of every dollar of revenue, 2¢ was left as operating profit, 2¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $148M | 100.0% |
| Operating profit | $3.6M | 2.4% |
| Income tax | $389K | 0.3% |
| Net earnings | $3.2M | 2.2% |
| Operating cash flow | $4.9M | 3.3% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $148M | +2% |
| Q2 2026 | $137M | -14% |
| Q1 2026 | $190M | -11% |
| Q4 2025 | $210M | +48% |
| Q3 2025 | $146M | -22% |
| Q2 2025 | $160M | -8% |
| Q1 2025 | $213M | +12% |
From Greenlight Capital RE's 10-Q filed Nov 2, 2026 (on EDGAR).
Questions
How does Greenlight Capital RE make money?
Greenlight Capital RE (GLRE) made $148M of revenue in the third quarter 2026 (Q3 2026), +2% from a year earlier. Of every dollar of revenue, 2¢ was left as operating profit, 2¢ was left as net earnings.
What is Greenlight Capital RE's profit margin?
Net earnings were $3.2M, 2.2% of revenue, in the third quarter 2026; the operating margin was 2.4%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.