Genie Energy Ltd Financials
This page shows Genie Energy Ltd (GNE) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Genie Energy Ltd has an operating margin of 2.7%, meaning the company retains $3 of operating profit per $100 of revenue. This below-average margin results in a low score of 13/100, suggesting thin profitability after operating expenses. This is up from 2.3% the prior year.
Genie Energy Ltd's revenue declined 0.8% year-over-year, from $428.7M to $425.2M. This contraction results in a growth score of 26/100.
Genie Energy Ltd carries a low D/E ratio of 0.05, meaning only $0.05 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
Genie Energy Ltd's current ratio of 2.07 indicates adequate short-term liquidity, earning a score of 63/100. The company can meet its near-term obligations, though with limited headroom.
Genie Energy Ltd generates a 6.6% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 26/100. This is down from 9.9% the prior year.
Genie Energy Ltd scores 3.05, well above the 2.99 safe threshold. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Genie Energy Ltd passes 3 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
For every $1 of reported earnings, Genie Energy Ltd generates $5.62 in operating cash flow ($70.7M OCF vs $12.6M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Genie Energy Ltd earns $24.3 in operating income for every $1 of interest expense ($11.3M vs $464K). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Genie Energy Ltd generated $425.2M in revenue in fiscal year 2024. This represents a decrease of 0.8% from the prior year.
Genie Energy Ltd's EBITDA was $12.2M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 16.3% from the prior year.
Genie Energy Ltd reported $12.6M in net income in fiscal year 2024. This represents a decrease of 35.6% from the prior year.
Genie Energy Ltd earned $0.46 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 37.8% from the prior year.
Genie Energy Ltd held $104.5M in cash against $8.7M in long-term debt as of fiscal year 2024.
Genie Energy Ltd paid $0.30 per share in dividends in fiscal year 2024. This represents an increase of 0.0% from the prior year.
Genie Energy Ltd's gross margin was 32.6% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 1.5 percentage points from the prior year.
Genie Energy Ltd's operating margin was 2.7% in fiscal year 2024, reflecting core business profitability. This is up 0.3 percentage points from the prior year.
Genie Energy Ltd's net profit margin was 3.0% in fiscal year 2024, showing the share of revenue converted to profit. This is down 1.6 percentage points from the prior year.
Genie Energy Ltd's ROE was 6.6% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 3.3 percentage points from the prior year.
Genie Energy Ltd spent $10.4M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents an increase of 28124.3% from the prior year.
GNE Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $138.3M+31.4% | $105.3M-23.1% | $136.8M+32.9% | $102.9M-8.1% | $111.9M+23.4% | $90.7M-13.6% | $104.9M-16.1% | $125.0M |
| Cost of Revenue | $108.3M+32.4% | $81.8M-17.8% | $99.4M+43.2% | $69.4M-6.2% | $74.0M+29.0% | $57.4M-19.5% | $71.3M-15.1% | $84.0M |
| Gross Profit | $30.0M+27.8% | $23.5M-37.2% | $37.4M+11.7% | $33.5M-11.7% | $37.9M+13.7% | $33.3M-0.9% | $33.6M-18.1% | $41.1M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $22.6M+6.8% | $21.2M-11.3% | $23.9M+2.4% | $23.3M-7.3% | $25.2M+14.3% | $22.0M-3.1% | $22.7M-2.0% | $23.2M |
| Operating Income | $6.9M+246.2% | $2.0M-84.4% | $12.8M+161.7% | -$20.8M-278.1% | $11.7M+10.5% | $10.6M+130.9% | -$34.2M-291.1% | $17.9M |
| Interest Expense | $157K+0.6% | $156K-17.5% | $189K+139.2% | $79K+259.1% | $22K-93.4% | $331K+1339.1% | $23K-14.8% | $27K |
| Income Tax | $2.5M+128.8% | $1.1M-75.4% | $4.4M+177.6% | -$5.6M-243.8% | $3.9M+13.2% | $3.5M+139.8% | -$8.7M-273.6% | $5.0M |
| Net Income | $6.7M+138.9% | $2.8M-72.6% | $10.3M+166.6% | -$15.5M-251.6% | $10.2M+6.1% | $9.6M+140.6% | -$23.7M-263.6% | $14.5M |
| EPS (Diluted) | $0.26+136.4% | $0.11-72.5% | $0.40+169.0% | $-0.58-252.6% | $0.38+5.6% | $0.36+140.0% | $-0.90-269.8% | $0.53 |
GNE Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $394.1M+2.9% | $383.1M-0.3% | $384.4M+3.5% | $371.3M+8.7% | $341.7M+5.9% | $322.8M-2.4% | $330.6M+4.7% | $315.7M |
| Current Assets | $238.2M+3.2% | $230.7M-3.3% | $238.5M+4.9% | $227.4M-0.1% | $227.7M+5.3% | $216.1M-6.0% | $229.8M-15.0% | $270.2M |
| Cash & Equivalents | $109.3M+3.7% | $105.4M-6.3% | $112.5M+7.7% | $104.5M-23.4% | $136.3M+11.4% | $122.3M+13.7% | $107.6M-23.0% | $139.8M |
| Inventory | $20.9M+23.7% | $16.9M+22.9% | $13.7M+12.6% | $12.2M+43.2% | $8.5M+51.0% | $5.6M-61.4% | $14.6M-4.6% | $15.3M |
| Accounts Receivable | $59.0M-3.8% | $61.3M-4.5% | $64.2M+3.8% | $61.9M+22.9% | $50.3M-7.2% | $54.2M-12.4% | $61.9M+2.0% | $60.7M |
| Goodwill | $12.9M+0.5% | $12.8M+0.9% | $12.7M-0.5% | $12.7M+0.5% | $12.7M+0.3% | $12.7M+26.6% | $10.0M0.0% | $10.0M |
| Total Liabilities | $205.3M+4.8% | $195.9M-0.5% | $197.0M+2.7% | $191.7M+35.6% | $141.4M+6.1% | $133.2M-8.8% | $146.0M+34.8% | $108.3M |
| Current Liabilities | $124.9M+7.9% | $115.7M-1.4% | $117.3M+6.8% | $109.8M+23.6% | $88.8M+6.5% | $83.4M-15.1% | $98.3M-7.1% | $105.8M |
| Long-Term Debt | $6.7M-1.9% | $6.8M+0.1% | $6.8M-21.1% | $8.7M | N/A | N/A | N/A | N/A |
| Total Equity | $198.8M+0.9% | $197.0M-0.5% | $198.0M+3.9% | $190.5M-9.8% | $211.1M+4.5% | $202.1M+2.5% | $197.2M-10.7% | $221.0M |
| Retained Earnings | $78.7M+6.4% | $74.0M+1.1% | $73.2M+13.3% | $64.6M-21.2% | $82.0M+11.1% | $73.8M+22.6% | $60.2M-30.6% | $86.8M |
GNE Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $13.9M+1148.4% | $1.1M-92.7% | $15.3M+18.1% | $13.0M-46.7% | $24.4M+19.6% | $20.4M+95.2% | $10.5M-67.1% | $31.8M |
| Capital Expenditures | N/A | N/A | $1.8M | N/A | $2.5M+591.9% | $356K | N/A | $317K |
| Free Cash Flow | N/A | N/A | $13.6M | N/A | $21.9M+9.4% | $20.1M | N/A | $31.5M |
| Investing Cash Flow | -$3.1M+39.3% | -$5.2M-146.4% | -$2.1M+53.4% | -$4.5M-2.2% | -$4.4M-237.2% | -$1.3M-111.0% | $11.8M+248.2% | $3.4M |
| Financing Cash Flow | -$5.6M-19.1% | -$4.7M-8.4% | -$4.4M-261.4% | $2.7M+144.2% | -$6.1M-33.5% | -$4.6M-73.9% | -$2.6M+9.5% | -$2.9M |
| Dividends Paid | $2.0M-0.5% | $2.0M-0.8% | $2.0M-0.6% | $2.0M+1.0% | $2.0M-0.6% | $2.0M-1.2% | $2.1M0.0% | $2.1M |
| Share Buybacks | N/A | N/A | $1.9M-25.6% | $2.5M+26.1% | $2.0M+12.0% | $1.8M | N/A | N/A |
GNE Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 21.7%-0.6pp | 22.3%-5.0pp | 27.3%-5.2pp | 32.5%-1.4pp | 33.9%-2.9pp | 36.8%+4.7pp | 32.0%-0.8pp | 32.9% |
| Operating Margin | 5.0%+3.1pp | 1.9%-7.5pp | 9.4%+29.6pp | -20.2%-30.6pp | 10.4%-1.2pp | 11.7%+44.2pp | -32.6%-46.9pp | 14.3% |
| Net Margin | 4.9%+2.2pp | 2.7%-4.9pp | 7.5%+22.6pp | -15.0%-24.1pp | 9.1%-1.5pp | 10.6%+33.1pp | -22.5%-34.1pp | 11.6% |
| Return on Equity | 3.4%+2.0pp | 1.4%-3.8pp | 5.2% | N/A | 4.8%+0.1pp | 4.8% | N/A | 6.5% |
| Return on Assets | 1.7%+1.0pp | 0.7%-1.9pp | 2.7%+6.8pp | -4.2%-7.1pp | 3.0%0.0pp | 3.0%+10.1pp | -7.1%-11.7pp | 4.6% |
| Current Ratio | 1.91-0.1 | 1.99-0.0 | 2.03-0.0 | 2.07-0.5 | 2.56-0.0 | 2.59+0.3 | 2.34-0.2 | 2.55 |
| Debt-to-Equity | 0.030.0 | 0.030.0 | 0.03-0.0 | 0.05-0.6 | 0.67+0.0 | 0.66-0.1 | 0.74+0.3 | 0.49 |
| FCF Margin | N/A | N/A | 9.9% | N/A | 19.6%-2.5pp | 22.1% | N/A | 25.2% |
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Frequently Asked Questions
What is Genie Energy Ltd's annual revenue?
Genie Energy Ltd (GNE) reported $425.2M in total revenue for fiscal year 2024. This represents a -0.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Genie Energy Ltd's revenue growing?
Genie Energy Ltd (GNE) revenue declined by 0.8% year-over-year, from $428.7M to $425.2M in fiscal year 2024.
Is Genie Energy Ltd profitable?
Yes, Genie Energy Ltd (GNE) reported a net income of $12.6M in fiscal year 2024, with a net profit margin of 3.0%.
What is Genie Energy Ltd's earnings per share (EPS)?
Genie Energy Ltd (GNE) reported diluted earnings per share of $0.46 for fiscal year 2024. This represents a -37.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Genie Energy Ltd's EBITDA?
Genie Energy Ltd (GNE) had EBITDA of $12.2M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Genie Energy Ltd have?
As of fiscal year 2024, Genie Energy Ltd (GNE) had $104.5M in cash and equivalents against $8.7M in long-term debt.
What is Genie Energy Ltd's gross margin?
Genie Energy Ltd (GNE) had a gross margin of 32.6% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Genie Energy Ltd's operating margin?
Genie Energy Ltd (GNE) had an operating margin of 2.7% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Genie Energy Ltd's net profit margin?
Genie Energy Ltd (GNE) had a net profit margin of 3.0% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
Does Genie Energy Ltd pay dividends?
Yes, Genie Energy Ltd (GNE) paid $0.30 per share in dividends during fiscal year 2024.
What is Genie Energy Ltd's return on equity (ROE)?
Genie Energy Ltd (GNE) has a return on equity of 6.6% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Genie Energy Ltd's operating cash flow?
Genie Energy Ltd (GNE) generated $70.7M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Genie Energy Ltd's total assets?
Genie Energy Ltd (GNE) had $371.3M in total assets as of fiscal year 2024, including both current and long-term assets.
Does Genie Energy Ltd buy back shares?
Yes, Genie Energy Ltd (GNE) spent $10.4M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
What is Genie Energy Ltd's current ratio?
Genie Energy Ltd (GNE) had a current ratio of 2.07 as of fiscal year 2024, which is generally considered healthy.
What is Genie Energy Ltd's debt-to-equity ratio?
Genie Energy Ltd (GNE) had a debt-to-equity ratio of 0.05 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Genie Energy Ltd's return on assets (ROA)?
Genie Energy Ltd (GNE) had a return on assets of 3.4% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Genie Energy Ltd's Altman Z-Score?
Genie Energy Ltd (GNE) has an Altman Z-Score of 3.05, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Genie Energy Ltd's Piotroski F-Score?
Genie Energy Ltd (GNE) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Genie Energy Ltd's earnings high quality?
Genie Energy Ltd (GNE) has an earnings quality ratio of 5.62x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Genie Energy Ltd cover its interest payments?
Genie Energy Ltd (GNE) has an interest coverage ratio of 24.3x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Genie Energy Ltd?
Genie Energy Ltd (GNE) scores 46 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.