Global Indemnity Group, LLC (GBLI) Income Statement
GBLI 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsGBLI revenue and net income
Where GBLI's revenue goes
2025Each bar shows an amount and its share of revenue. GBLI kept 5.6% of revenue as net income.
GBLI profit margins
GBLI growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +2.0% | −10.5% | −5.1% | −1.8% |
| Gross profit | −19.4% | +25.5% | +15.4% | +0.5% |
| Operating income | −39.4% | +156.6% | — | +0.2% |
| Net income | −41.4% | — | — | −4.8% |
| EPS (diluted) | −45.2% | −20.3% | +22.5% | −1.2% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
GBLI quarterly EPS vs estimates
Global Indemnity beat the analyst EPS estimate in 2 of the last 8 quarters. Next report: October 29, 2026 (estimate $0.73).
GBLI income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $450.1M | $441.2M | $528.1M | $628.5M | $678.3M | $583.5M | $604.5M | $498.9M | $485.5M | $534.5M |
| Cost of revenue | $385.1M | $360.5M | $471.8M | $595.6M | $607.8M | $551.8M | $483.8M | $525.4M | $452.9M | $460.7M |
| Gross profit | $65.0M | $80.7M | $56.4M | $32.9M | $70.5M | $31.7M | $120.7M | −$26.5M | $32.6M | $73.9M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | — | $25.7M | $23.4M | $14.0M | $20.0M | $42.0M | $18.9M | $29.8M | $25.7M | $17.3M |
| Total operating expenses | $31.7M | $25.7M | $23.4M | $31.0M | $37.7M | $60.9M | $38.9M | $49.5M | $42.6M | $26.2M |
| Operating income | $33.3M | $55.0M | $33.0M | $2.0M | $32.8M | −$29.1M | $81.8M | −$75.9M | −$10.1M | $47.6M |
| Interest income | — | — | — | — | — | — | $20.0M | $19.7M | $16.9M | $8.9M |
| Interest expense | — | $0 | $12,000 | $3.0M | $10.5M | $15.8M | $20.0M | $19.7M | $16.9M | $8.9M |
| Income before taxes | $33.3M | $55.0M | $33.0M | $2.0M | $32.8M | −$29.1M | $81.8M | −$75.9M | −$10.1M | $47.6M |
| Income taxes | $8.0M | $11.7M | $7.5M | $2.8M | $3.4M | −$8.1M | $11.7M | −$19.2M | −$499,000 | −$2.2M |
| Net income | $25.3M | $43.2M | $25.4M | −$850,000 | $29.4M | −$21.0M | $70.0M | −$56.7M | −$9.6M | $49.9M |
| EBITDA | $39.0M | $60.7M | $39.2M | $13.4M | $53.7M | −$6.3M | $108.9M | −$49.2M | $13.4M | $62.8M |
| EPS (diluted) | $1.71 | $3.12 | $2.67 | $3.38 | $0.72 | $0.62 | $3.04 | $0.94 | $0.35 | $2.01 |
| Gross margin | 14.4% | 18.3% | 10.7% | 5.2% | 10.4% | 5.4% | 20.0% | −5.3% | 6.7% | 13.8% |
| Operating margin | 7.4% | 12.5% | 6.2% | 0.3% | 4.8% | −5.0% | 13.5% | −15.2% | −2.1% | 8.9% |
| Net margin | 5.6% | 9.8% | 4.8% | −0.1% | 4.3% | −3.6% | 11.6% | −11.4% | −2.0% | 9.3% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $116.1M | $109.2M | $116.7M | $114.2M | $110.5M | $108.7M | $108.4M | $111.8M | $108.7M | $112.3M | $109.3M | $126.1M |
| Cost of revenue | $53.0M | $94.6M | $100.7M | $90.3M | $89.9M | $104.2M | $89.3M | $90.0M | $89.6M | $91.7M | $93.8M | $111.3M |
| Gross profit | $63.1M | $14.6M | $16.0M | $23.9M | $20.7M | $4.4M | $19.1M | $21.8M | $19.1M | $20.6M | $15.5M | $14.7M |
| Sales, general & admin | — | — | — | — | $7.5M | $9.5M | $12.7M | $5.9M | $6.4M | $6.4M | $6.9M | $5.3M |
| Total operating expenses | $48.6M | $9.0M | $6.8M | $7.8M | $7.5M | $9.5M | $7.0M | $5.9M | $6.4M | $6.4M | $6.7M | $5.3M |
| Operating income | $14.4M | $5.5M | $9.2M | $16.1M | $13.1M | −$5.1M | $12.1M | $15.9M | $12.7M | $14.3M | $8.7M | $9.5M |
| Interest expense | — | — | $2.6M | — | $2.6M | — | $17,000 | $0 | $17,000 | — | $12,000 | $0 |
| Income before taxes | $14.4M | $5.5M | $9.2M | $16.1M | $13.1M | −$5.1M | $12.1M | $15.9M | $12.7M | $14.3M | $8.7M | $9.5M |
| Income taxes | $3.3M | $1.3M | $2.7M | $3.5M | $2.8M | −$1.1M | $3.1M | $3.1M | $2.6M | $2.9M | $2.8M | $1.8M |
| Net income | $11.1M | $4.2M | $6.5M | $12.5M | $10.3M | −$4.0M | $9.0M | $12.8M | $10.1M | $11.4M | $5.9M | $7.7M |
| EBITDA | $16.0M | $7.1M | $10.7M | $17.4M | $14.5M | −$3.7M | $13.9M | $17.2M | $14.0M | $15.6M | $10.1M | $10.9M |
| EPS (diluted) | $0.59 | $0.57 | $0.44 | $0.86 | $0.71 | −$0.30 | $0.65 | $0.92 | $0.73 | $0.82 | $1.28 | $0.55 |
| Gross margin | 54.3% | 13.3% | 13.7% | 20.9% | 18.7% | 4.1% | 17.7% | 19.5% | 17.5% | 18.4% | 14.2% | 11.7% |
| Operating margin | 12.4% | 5.1% | 7.9% | 14.1% | 11.9% | −4.7% | 11.2% | 14.2% | 11.7% | 12.7% | 8.0% | 7.5% |
| Net margin | 9.5% | 3.9% | 5.5% | 11.0% | 9.4% | −3.7% | 8.3% | 11.4% | 9.3% | 10.1% | 5.4% | 6.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in GBLI's financial statements (latest annual report filed March 10, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
GBLI financial results
In fiscal year 2025 (ended December 31, 2025), Global Indemnity reported revenue of $450.1 million, up 2.0% from the year before. It had net income of $25.3 million (down 41.4%), a net profit margin of 5.6%. Diluted earnings per share came to $1.71. Over five years revenue grew at an average rate of −5.1% a year.
See the GBLI stock overview for the latest quote and news, or the GBLI chart for price history and technical indicators.
GBLI income statement FAQ
What is Global Indemnity's annual revenue?
Global Indemnity reported total revenue of $450.1 million for fiscal year 2025, which ended on December 31, 2025. That was up 2.0% from $441.2 million the previous year.
Is Global Indemnity profitable?
Yes. Global Indemnity reported net income of $25.3 million in fiscal 2025, a net profit margin of 5.6%; its operating margin was 7.4%.
What is Global Indemnity's gross margin?
Global Indemnity's gross margin was 14.4% in fiscal 2025: for every $100 of revenue, Global Indemnity kept $14 after the direct cost of its products and services.
How fast is Global Indemnity growing?
Revenue grew −5.1% a year on average over the last five fiscal years, from $583.5 million to $450.1 million.
What are Global Indemnity's earnings per share?
Global Indemnity earned $1.71 per diluted share in fiscal 2025, compared with $3.12 a year earlier.
When will Global Indemnity report its next earnings?
Global Indemnity is expected to report results for the quarter ending September 30, 2026 on October 29, 2026 before the market opens.
When does Global Indemnity's fiscal year end?
Global Indemnity's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 10, 2026.