Here are the 10-Q quarterly 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-Q covers the quarterly report filed between annual reports, 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. (GNE) reported third-quarter 2026 revenue of $127.2 million, compared with $138.3 million a year earlier. Gross profit was $41.2 million, versus $30.0 million, and net income attributable to Genie Energy common stockholders was $10.2 million, compared with $6.4 million. Diluted earnings per share were $0.39, versus $0.25.
For the first nine months of 2026, revenue was $370.0 million, compared with $380.4 million, while net income attributable to common stockholders was $24.3 million, versus $19.2 million. Net cash provided by operating activities was $2.4 million, compared with $30.4 million in the year-earlier period. At September 30, cash and cash equivalents were $185.2 million.
Genie declared a quarterly dividend of $0.0750 per share on both common stock classes, payable on or about November 23, 2026, to stockholders of record November 13. During the first nine months, it repurchased 176,014 Class B shares for $2.7 million; 3.3 million shares remained available under the program at September 30.
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. (NYSE: GNE) reported Q3 2025 results. Revenue was $138,324,000 versus $111,917,000 a year ago, reflecting higher electricity sales. Gross profit was $30,019,000 versus $37,907,000, and net income attributable to common stockholders was $6,743,000 versus $10,199,000. Diluted EPS was $0.26 versus $0.38.
Year-to-date, revenue reached $380,382,000 versus $322,300,000, with net income attributable to common stockholders of $20,196,000 versus $27,933,000. Cash and cash equivalents were $109,280,000, and total cash, cash equivalents and restricted cash were $206,152,000 as of September 30, 2025. The company declared dividends of $0.075 per share in the quarter (year‑to‑date $0.225) and repurchased Class B shares, increasing treasury stock to 4,353,000 at quarter‑end.
As of November 4, 2025, shares outstanding were 1,574,326 Class A and 24,920,628 Class B (excluding 4,402,699 treasury shares). Management noted pausing new solar project development following the One Big Beautiful Bill Act and recorded small asset impairments related to discontinued solar projects.
Genie Energy (GNE) Q2-25 10-Q highlights
- Revenue: $105.3 M, +16% YoY; six-month revenue $242.1 M, +15%.
- Profitability: Gross profit fell to $23.5 M (22.3% margin) from $33.3 M (36.8%). Operating income dropped 81% to $2.0 M; net income attributable to common stockholders slid 71% to $2.8 M. Diluted EPS $0.11 vs $0.36.
- Six-month EPS: $0.51 vs $0.65 (-22%).
- Cash & liquidity: Cash and cash equivalents $105.4 M; total cash/short- & long-term restricted cash $201.0 M. Current debt $2.2 M, long-term debt $6.8 M; net cash position maintained.
- Equity: Book value rose to $187.2 M from $179.6 M as of 12/31/24.
- Cash flow: Operating cash flow YTD $14.2 M (-46%). Capex $3.7 M; share repurchases $4.6 M; dividends $4.0 M (quarterly $0.075/share).
- Segment notes: Retail energy (GRE) drove revenue growth but margin compressed on higher supply costs; renewables (GREW) contributed $6.3 M other revenue.
- Regulatory headwind: Newly enacted “One Big Beautiful Bill Act” ends federal solar ITC after 2027; company pausing new solar projects and evaluating impairment risk.
- Legal exposure: Finnish bankruptcy estate seeks €40 M (~$47 M) over swap gains; management contests claim.
Overall, top-line growth was offset by sharp margin compression, increased litigation risk and potential policy headwinds to the solar pipeline, though liquidity and capital returns remain solid.