Here are the 10-K annual reports from Genie Energy Ltd (GNE) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow GNE and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GNE filings page.
Genie Energy Ltd. filed its annual report and restated prior financial statements after discovering errors in accounting for a captive insurance liability, which had understated income from operations and net income in 2023 and 2024. The company’s former auditor’s registration was revoked, prompting a re-audit.
Management identified a material weakness in internal control over financial reporting and concluded controls and disclosure procedures were not effective as of December 31, 2025, and is implementing remediation steps. Genie operates two segments: Genie Retail Energy, a major U.S. retail electricity and gas supplier, and Genie Renewables, focused on solar, energy procurement and recycled plastic pallets.
Retail Energy generated most of 2025 revenue, with $478.5 million from electricity and natural gas sales across 19 deregulated states and Washington, D.C. Genie pays quarterly dividends, totaling $8.0 million in 2025, and maintained significant customer and meter counts despite competitive and weather-driven volatility.