GREENLIGHT CAPITAL RE, LTD.

GLRE ·Financial, Insurance - Property & Casualty
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010
Revenue $684.6M $600.9M $117.1M $563.3M $673.3M $600.8M $481.0M $423.9M
Net Premiums Earned $638.4M $509.9M $438.3M $435.5M $517.3M $504.5M $457.5M $350.2M
Net Investment Income $15.3M $4.1M $1.2M $994.0K $938.0K $1.3M $1.5M $1.8M
Net Realized and Unrealized Gains Losses $32.8M $91.2M $-322.5M $125.8M $154.6M $94.9M $22.0M $72.0M
Other Income Loss $-2.0M $-4.3M $143.0K $1.0M $396.0K $0 $0 $0
Cost of Revenue
Gross Profit
Gross Margin
Operating Expenses
Research & Development
SG&A Expense $26.4M $25.8M $23.4M $24.5M $21.0M $17.5M $13.9M $16.2M
Operating Income $-44.8M $47.2M $-333.7M $112.7M $233.0M $18.5M $8.8M $94.8M
Operating Margin -6.5% 7.9% -284.9% 20.0% 34.6% 3.1% 1.8% 22.4%
Interest Expense $0
Pretax Income $-44.8M $47.2M $-333.7M $112.7M $233.0M $18.5M $8.8M $94.8M
Income Tax Expense $-451.0K $509.0K $-1.8M $-624.0K $538.0K $86.0K $247.0K $396.0K
Net Income $-45.0M $44.9M $-326.4M $109.6M $225.7M $14.6M $6.8M $90.6M
Net Margin -6.6% 7.5% -278.7% 19.5% 33.5% 2.4% 1.4% 21.4%
EPS (Basic) $-1.21 $1.20 $-8.90 $2.94 $6.13 $0.40 $0.19 $2.49
EPS (Diluted) $-1.21 $1.20 $-8.90 $2.89 $6.01 $0.39 $0.18 $2.44
Shares Outstanding (Basic) 37.0M 37.3M 36.7M 37.2M 36.8M 36.7M 36.5M 36.4M
Shares Outstanding (Diluted) 37.0M 37.3M 36.7M 37.9M 37.6M 37.4M 37.3M 37.2M
Dividends Per Share
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