Welcome to our dedicated page for Genie Energy Ltd. SEC filings (Ticker: GNE), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Genie Energy Ltd. filings document regulatory disclosures for a NYSE-listed energy company with Class B common stock registered under the ticker GNE. The record includes Form 8-K reports for operating results, Regulation FD releases, dividends, non-reliance on prior financial statements, delayed annual reporting and NYSE continued-listing notices.
Proxy materials cover director elections, annual meeting procedures and amendments to the Genie Energy Ltd. 2021 Stock Option and Incentive Plan. The filings also describe restatement matters tied to accounting for a captive insurance subsidiary, related impacts on prior financial statements and governance actions by the board and audit committee.
Genie Energy Ltd. reported results for the quarter ended June 30, 2026, with total revenues of $100.4 million and net income attributable to common stockholders of $11.4 million, or diluted EPS of $0.43, up from $2.3 million and $0.09 a year earlier.
Consolidated gross margin increased to 33.5% from 22.3%, driven mainly by Genie Retail Energy, where revenue was $94.1 million and gross margin rose to 32.2%. GRE Adjusted EBITDA was $8.7 million compared with $4.4 million in 2Q25, while Genie Renewables held revenue at $6.3 million and improved Adjusted EBITDA to $0.3 million from a loss of $0.1 million.
As of June 30, 2026, cash, restricted cash and marketable equity securities totaled $204.3 million, with working capital of $199.6 million. For the first half of 2026, operating activities used $9.9 million of cash. Management maintained full year 2026 Adjusted EBITDA guidance of $32.5 to $40 million.
Genie Energy Ltd. director and ten percent owner Howard S. Jonas had 9,105 Class B shares withheld on August 3, 2026 at $14.135 per share to cover taxes upon the vesting of restricted stock. After this tax-withholding disposition, he directly holds 690,999 Class B shares, comprising common and restricted stock, and also reports additional indirect holdings through foundations, trusts, and a partnership.
Avi Goldin, CFO of Genie Energy Ltd., had 5,116 shares of Class B common stock withheld by the issuer at $14.135 per share to cover tax obligations upon the vesting of restricted stock. He now directly holds 87,155 shares, including 10,700 unvested restricted shares scheduled to vest on August 2, 2027.
Genie Energy Ltd. CEO Michael M. Stein reported a tax-withholding disposition of 21,079 shares of Class B common stock on August 3, 2026, where the issuer withheld shares to satisfy taxes upon restricted stock vesting. After this event, he holds 516,936 shares directly, consisting of 475,270 currently held shares and 41,666 unvested restricted shares scheduled to vest on August 2, 2027, and also reports 260,288 shares held indirectly through his wife.
Genie Energy Ltd. reported the results of its Annual Meeting of Stockholders held on June 10, 2026. Stockholders re-elected all director nominees to one-year terms with strong support, with vote "for" percentages ranging from 91.87% to 99.90%.
Stockholders also approved an amendment to the 2021 Stock Option and Incentive Plan, increasing the number of shares of Class B common stock available for awards by 70,000. The amendment received 5,930,700 votes for, 731,723 against and 31,247 abstentions, representing 88.60% of votes cast in favor.
KATSOF IRWIN reported acquisition or exercise transactions in this Form 4 filing.
Genie Energy Ltd. director Irwin Katsof reported receiving a grant of 2,190 shares of Class B Common Stock at a reference price of $14.255 per share. The award is Restricted Stock that vests in full immediately, and his directly held position after the grant is 2,190 shares.
Genie Energy Ltd. director Irwin Katsof has filed an initial Form 3 reporting his beneficial ownership in the company’s Class B common stock. The filing shows 0 shares of Class B common stock held directly as of June 10, 2026, indicating no reported ownership position at that time.
Genie Energy Ltd. reported weaker results for the three months ended March 31, 2026. Revenue rose slightly to $142.3 million from $136.8 million, but higher costs cut gross profit to $29.8 million from $37.4 million. Income from operations dropped to $1.9 million from $13.5 million.
Net income attributable to common stockholders fell to $2.8 million, or $0.11 per diluted share, compared with $10.4 million, or $0.40 per diluted share, a year earlier. Operating cash flow swung to an outflow of $6.5 million from an inflow of $15.3 million, while cash and equivalents declined to $194.6 million. The company maintained a quarterly dividend of $0.075 per share and continues to wind down discontinued operations in Sweden while defending bankruptcy-related claims arising from its former Finnish subsidiary.
Genie Energy Ltd. reported mixed results for the first quarter of 2026. Total revenue rose to $142.3M from $136.8M, driven mainly by Genie Retail Energy and strong growth at Genie Renewables. However, higher commodity costs and greater customer acquisition spending significantly compressed profitability.
Gross profit fell to $29.8M from $37.4M, and income from operations dropped to $1.9M from $13.5M. Net income attributable to common stockholders declined to $2.8M with diluted EPS of $0.11, down from $0.40. Adjusted EBITDA decreased sharply to $2.8M from $14.4M.
Management lowered full-year 2026 Adjusted EBITDA guidance to $32.5–$40M from a prior range of $40–$50M, citing margin pressure at GRE, increased acquisition spend, and solar inventory write-downs at Genie Renewables. Despite near-term headwinds, the company highlighted continued revenue growth and a cash and securities position of $199.8M as of March 31, 2026.