Welcome to our dedicated page for Genie Energy news (Ticker: GNE), a resource for investors and traders seeking the latest updates and insights on Genie Energy stock.
Genie Energy Ltd (GNE) delivers electricity, natural gas, and renewable energy solutions across U.S. markets through its Genie Retail Energy and Genie Renewables segments. This page provides investors and industry stakeholders with verified updates on corporate developments, strategic initiatives, and operational milestones.
Access official press releases covering quarterly earnings, solar energy projects, regulatory updates, and partnerships. All content is sourced directly from the company to ensure accuracy and compliance with financial disclosure standards.
Key focus areas include retail energy market expansions, solar panel manufacturing advancements, and clean fuel technology research. Bookmark this page to stay informed about GNE’s dual commitment to conventional energy reliability and sustainable innovation.
Genie Energy (NYSE: GNE) reported 3Q25 revenue of $138.3M, up 23.6% year-over-year driven by higher electricity consumption, rising commodity prices, and RCE growth at Genie Retail Energy (GRE). Gross profit fell to $30.0M and gross margin declined to 21.7% from 33.9%, while Adjusted EBITDA dropped to $8.2M from $13.6M. Net income attributable to common stockholders was $6.7M ($0.26 diluted EPS); non-GAAP net income was $7.1M ($0.27). GRE RCEs grew to 396k (+4.2%) and electricity RCEs to 318k (+5.4%). Cash, restricted cash and marketable securities totaled $206.6M at 9/30/25. The company repurchased ~124k shares for $2.0M and declared a $0.075 quarterly dividend payable ~Nov 19, 2025. Management expects full‑year Adjusted EBITDA of $40M–$50M, likely at the low end.
Genie Energy (NYSE: GNE) will report third quarter 2025 results on Monday, November 3, 2025. An earnings release will be posted in the Investors section at 7:30 AM ET and filed on Form 8-K with the SEC.
Management will host a conference call at 8:30 AM ET to discuss results, outlook, and strategy; investor Q&A follows management remarks. Dial-in access: 1-888-506-0062 (US) or 1-973-528-0011 (international) with access code 350498. A replay will be available ~3 hours after the call through Monday, November 17, 2025 via dial-in passcode 53115 and on the Genie Energy website.
The release includes forward-looking statements and refers investors to prior SEC filings for risk factors; the company disclaims any obligation to update forward-looking statements.
Genie Energy (NYSE:GNE) reported mixed Q2 2025 results with revenue growth but significant margin compression. Revenue increased 16.0% to $105.3 million, while net income decreased to $2.8 million ($0.11 per share) from $9.6 million ($0.36 per share) year-over-year.
The company's Genie Retail Energy (GRE) segment expanded its customer base to 419,000 meters (414,000 RCEs), representing 15% and 20% year-over-year growth respectively. However, GRE faced margin pressure due to increased wholesale power prices and high consumption from hot weather. The Genie Renewables (GREW) segment showed strong performance with 44% revenue growth.
Management maintains its 2025 guidance of $40-50 million in consolidated Adjusted EBITDA. The company continued its shareholder returns, repurchasing 159,000 shares and declaring a $0.075 quarterly dividend.
Genie Energy (NYSE:GNE), a leading retail energy and renewable energy solutions provider, has scheduled its Q2 2025 earnings release for August 7, 2025. The company will release its financial results at 7:30 AM Eastern through wire services and its investor relations website.
Management will host a conference call at 8:30 AM Eastern to discuss results and business strategy, followed by a Q&A session. Investors can join using the toll-free number 1-877-545-0320 (US) or 1-973-528-0002 (international) with access code 796824. A replay will be available until August 21, 2025, accessible via phone or the company website.
Genie Energy (NYSE: GNE) has scheduled its first quarter 2025 financial and operational results announcement for Tuesday, May 6, 2025. The company will release its earnings report at 7:30 AM Eastern through wire service and post it on their website's Investor section.
A conference call with management will follow at 8:30 AM Eastern to discuss results, business outlook, and strategy, including a Q&A session with investors. Participants can join using the toll-free number 1-877-545-0523 (US) or 1-973-528-0016 (international) with access code 585907.
A replay will be available until May 20, 2025, by dialing 1-877-481-4010 (US) or 1-919-882-2331 (international) with passcode 52352. The call recording will also be accessible on the company's website.
Genie Energy (NYSE: GNE) reported solid Q4 2024 results with Adjusted EBITDA of $11.1 million and full-year Adjusted EBITDA of $48.5 million, reaching the high end of guidance. Genie Retail Energy (GRE) expanded its customer base by 17%, adding over 60,000 net meters in 2024.
Q4 highlights include GRE's revenue of $98.4 million (-0.1% YoY) and income from operations of $12.6 million (-15.9% YoY). The company added 23,500 electric and gas meters in Q4. For full-year 2024, GRE's revenue was $403.3 million (-1.6% YoY) with income from operations at $56.5 million (-21.4% YoY).
Genie Renewables (GREW) showed mixed results with Q4 revenue declining 30.1% to $4.5 million, though Diversegy achieved profitability in 2024. The company maintains its 2025 consolidated Adjusted EBITDA guidance at $40-50 million and reported strong cash position of $201.0 million as of December 31, 2024.
Genie Energy (NYSE: GNE), a leading retail energy and renewable energy solutions provider, has scheduled its fourth quarter and full year 2024 financial results announcement for March 10, 2025. The company will release its earnings report at 7:30 AM Eastern through wire services and on their investor relations website.
A conference call with management will follow at 8:30 AM Eastern to discuss results, business outlook, and strategy, including a Q&A session with investors. Participants can join using the toll-free number 1-888-506-0062 (US) or 1-973-528-0011 (international) with access code 481357.
A replay will be available until March 24, 2025, accessible via 1-877-481-4010 (US) or 1-919-882-2331 (international) using passcode 52066. The call recording will also be available on the company's investor website.
Genie Energy (NYSE: GNE) provided an update on its consumer insurance initiative, announcing secured insurance broker licenses in seven states and the expansion of its captive self-insurance subsidiary coverage. The company expects to pay approximately $40 million in premiums for expanded insurance coverage in Q4 2024, which will result in a non-recurring, non-cash charge of about $31 million as an insurance loss reserve.
The premium payments will remain on Genie's consolidated balance sheet within reported measures of restricted cash and other assets. As of September 30, 2024, the company reported $191.7 million in cash, restricted cash, and marketable equity securities.
Genie Energy (NYSE: GNE) has secured a $7.4 million fixed rate term loan through National Cooperative Bank for financing a portfolio of operating solar generation assets. The portfolio consists of solar arrays with a combined capacity of 10MW, which provide power to educational facilities across three Midwestern states through fixed-price solar power purchase agreements (PPAs).
The company acquired these assets through its Sunlight Energy subsidiary over the past year. The financing is expected to increase the arrays' return on equity and supports Genie's broader solar generation strategy. As of September 30, 2024, Genie Renewable's development pipeline of 96 MW includes two utility-scale projects under construction and 17 projects in pre-construction development.
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