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Greenlight Capital RE, Ltd. GLRE Innovations — Corporate and other expenses

Other segment segments

Open Market
$0

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Other financials

Income statement

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Revenue$189.7M-11.1%
Net income$35.8M+20.7%
EPS (diluted)$1.05+22.1%

Balance sheet

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Cash & equivalents$610.2M-5.1%
Total debt$4.7M-92.1%
Total equity$741.2M+11.2%
Total assets$2.3B+5.4%

Cash flow

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Operating cash flow$37.2M+259%

Valuation

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Market cap$501.04M+12.7%
Enterprise value-$104.46M-32.9%
P/E6.2×
P/S0.7×+0.1×

Profitability

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Net margin11.5%
FCF margin-46.7%

Returns & leverage

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Return on equity11.5%
Debt / equity-0.1×

Where this comes from

Reported directly by Greenlight Capital RE, Ltd. in its filing.

Tagged under the XBRL concept us-gaap:OtherExpenses.

The source filing: Greenlight Capital RE, Ltd.’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:21 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001385613-26-000062
Three months ended March 31, 2026:Open MarketInnovationsCorporateTotal Consolidated
Underwriting income (loss)6,764(572)(1)6,191
Reconciliation to income before income taxes:
Net investment income (loss)5,1351,0945026,731
Corporate and other expenses(722)(5,020)(5,742)
Income (loss) from investment in Solasglas33,68933,689
Foreign exchange gains (losses)(4,905)(4,905)
Interest expense(99)(99)
Income (loss) before income taxes$11,899$(200)$24,166$35,865

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Greenlight Capital RE, Ltd.'s innovations — corporate and other expenses?
Greenlight Capital RE, Ltd. (GLRE) reported innovations — corporate and other expenses of $722K in Q1 2026.
How has Greenlight Capital RE, Ltd.'s innovations — corporate and other expenses changed year-over-year?
Greenlight Capital RE, Ltd.'s innovations — corporate and other expenses increased by 26.2% year-over-year, from $572K to $722K.
What is the long-term trend for Greenlight Capital RE, Ltd.'s innovations — corporate and other expenses?
Over 3 years (2022 to 2025), Greenlight Capital RE, Ltd.'s innovations — corporate and other expenses has grown at a -7.8% compound annual growth rate (CAGR), from $3.45M to $2.7M.
What does innovations — corporate and other expenses mean?
Represents the administrative and overhead costs allocated specifically to the Innovations business segment. These expenses capture the operational burden of supporting the segment's activities outside of direct underwriting or claims costs.

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