Genie Energy/$GNE

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About Genie Energy

Genie Energy Ltd, through its subsidiaries, operates as a retail energy provider. It serves two reportable business segments: Genie retail energy, or GRE, and Genie renewables. The Genie retail energy segment resells energy to residential and commercial consumers in the Eastern and Midwestern United States through its portfolio of various retail energy providers. The Genie renewables segment holds controlling interests in various companies engaged in the manufacturing of solar panels, solar installation design, and solar energy project management. It generates the majority of its revenue from the Genie retail energy segment.

Ticker

$GNE
Sector

Primary listing

NYSE

Employees

152

Genie Energy Metrics

BasicAdvanced
$398M
48.51
$0.31
0.14
$0.30
2.01%

What the Analysts think about Genie Energy

Analyst ratings (Buy, Hold, Sell) for Genie Energy stock.

Bulls say / Bears say

The retail energy customer base grew rapidly, with RCEs up 20.5% to 414,000 and meters up 14.8% to 419,000 in Q2, resulting in a 14.2% revenue rise to $99.0 million (Zacks).
Genie Renewables delivered a 57.3% jump in revenue to $6.3 million in Q2, driven by Diversegy’s 59.5% revenue growth and a reduced operating loss of $0.2 million, demonstrating the benefits of diversification (Zacks).
Strong liquidity position with $210.2 million in cash and equivalents as of March 31, 2025, and working capital of $121.2 million, supporting continued investment and shareholder returns (GlobeNewswire).
Significant margin pressure in Q2 pushed the gross margin down to 22.3%, from 36.8% a year ago, a decline of 1,445 basis points, reflecting shrinking retail energy spreads (Zacks).
Profitability dropped sharply as adjusted EBITDA for Q2 fell 74.9% to $3.0 million, and income from operations fell 81% to $2.0 million, highlighting sensitivity to commodity price spikes (Zacks).
The expiration of federal solar tax incentives led to a pause in new project development, slowing renewables pipeline growth amid regulatory uncertainty (Investing.com).
Data summarised monthly by Lightyear AI. Last updated on 29 Aug 2025.

Genie Energy Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

Genie Energy Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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