Genie Energy Ltd. (GNE) Income Statement
GNE 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsGNE revenue and net income
Where GNE's revenue goes
2025Each bar shows an amount and its share of revenue. GNE kept 4.8% of revenue as net income.
GNE profit margins
GNE growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +18.1% | +16.7% | +7.1% | +9.1% |
| Gross profit | −10.0% | −7.0% | +5.6% | +6.1% |
| Operating income | +160.0% | −27.7% | +6.1% | — |
| Net income | +90.7% | −35.1% | +12.8% | — |
| EPS (diluted) | +93.6% | −34.8% | +15.6% | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
GNE quarterly EPS vs estimates
Genie Energy beat the analyst EPS estimate in 3 of the last 5 quarters. Next report: November 2, 2026.
GNE income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $502.0M | $425.2M | $428.7M | $315.5M | $323.3M | $356.9M | $315.3M | $280.3M | $264.2M | $212.1M |
| Cost of revenue | $377.3M | $286.7M | $282.5M | $160.8M | $231.6M | $261.9M | $232.4M | $203.8M | $178.7M | $135.2M |
| Gross profit | $124.7M | $138.5M | $146.2M | $154.8M | $91.6M | $95.1M | $82.9M | $76.5M | $85.5M | $76.9M |
| Research & development | — | — | — | — | — | — | $207,000 | $39,000 | $0 | $269,000 |
| Sales, general & admin | $95.3M | $92.5M | $91.1M | $75.0M | $67.5M | $70.7M | $72.5M | $61.6M | $85.0M | $63.0M |
| Total operating expenses | $95.3M | $127.2M | $136.2M | $77.0M | $67.5M | $73.2M | $73.1M | $61.8M | $85.0M | $67.5M |
| Operating income | $29.4M | $11.3M | $10.0M | $77.8M | $24.1M | $21.9M | $9.8M | $8.5M | −$6.5M | −$30.5M |
| Interest income | $7.7M | $7.1M | $5.1M | $289,000 | $5.4M | $190,000 | $448,000 | $557,000 | $295,000 | $332,000 |
| Interest expense | $670,000 | $464,000 | $99,000 | $129,000 | $427,000 | $328,000 | $530,000 | $401,000 | $310,000 | $19,000 |
| Income before taxes | $36.1M | $19.9M | $18.1M | $77.5M | $23.7M | $22.4M | $6.0M | $9.0M | −$6.9M | −$30.0M |
| Income taxes | $8.3M | $4.7M | $4.2M | $21.0M | $7.5M | $7.6M | $4.6M | −$12.4M | $1.7M | $2.2M |
| Net income | $24.0M | $12.6M | $19.5M | $87.8M | $29.2M | $13.2M | $4.2M | $22.8M | −$7.0M | −$24.5M |
| EBITDA | $37.8M | $21.2M | $18.7M | $78.0M | $24.5M | $25.7M | $10.1M | $11.5M | −$4.5M | −$29.4M |
| EPS (diluted) | $0.91 | $0.47 | $0.64 | $3.28 | $1.12 | $0.44 | $0.30 | $0.81 | $0.16 | −$1.08 |
| Gross margin | 24.8% | 32.6% | 34.1% | 49.1% | 28.3% | 26.6% | 26.3% | 27.3% | 32.4% | 36.3% |
| Operating margin | 5.8% | 2.7% | 2.3% | 24.6% | 7.5% | 6.1% | 3.1% | 3.0% | −2.5% | −14.4% |
| Net margin | 4.8% | 3.0% | 4.6% | 27.8% | 9.0% | 3.7% | 1.3% | 8.1% | −2.6% | −11.6% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $100.4M | $142.3M | $121.3M | $138.3M | $105.3M | $136.8M | $102.9M | $111.9M | $90.7M | $119.7M | $104.9M | $125.0M |
| Cost of revenue | $66.7M | $112.5M | $88.5M | $108.3M | $81.8M | $99.4M | $69.4M | $74.0M | $57.4M | $85.9M | $71.3M | $84.0M |
| Gross profit | $33.7M | $29.8M | $32.9M | $30.0M | $23.5M | $37.4M | $33.5M | $37.9M | $33.3M | $33.8M | $33.6M | $41.1M |
| Sales, general & admin | $27.1M | $27.9M | $27.6M | $22.6M | $20.9M | $23.9M | $23.3M | $25.2M | $22.0M | $22.9M | $22.7M | $23.2M |
| Total operating expenses | $27.1M | $27.9M | $29.0M | $23.1M | $21.4M | $23.9M | $54.3M | $26.2M | $22.8M | $23.9M | $67.8M | $23.2M |
| Operating income | $6.5M | $1.9M | $3.9M | $6.9M | $2.0M | $13.5M | −$20.8M | $11.7M | $10.6M | $9.8M | −$34.2M | $17.9M |
| Interest income | $1.5M | $1.7M | $1.9M | $1.8M | $2.0M | $2.0M | $2.0M | $2.3M | $1.4M | $1.3M | $1.8M | $1.3M |
| Interest expense | $121,000 | $124,000 | $168,000 | $157,000 | $156,000 | $189,000 | $79,000 | $22,000 | $331,000 | $32,000 | $24,000 | $27,000 |
| Income before taxes | $11.7M | $4.1M | $6.9M | $9.2M | $3.9M | $15.4M | −$18.6M | $14.2M | $13.0M | $11.4M | −$32.8M | $19.5M |
| Income taxes | $239,000 | $1.6M | −$2.0M | $2.5M | $1.1M | $5.2M | −$5.6M | $3.9M | $3.5M | $2.9M | −$8.7M | $5.0M |
| Net income | $11.4M | $2.8M | $4.8M | $6.7M | $2.8M | $10.4M | −$15.3M | $10.2M | $9.6M | $8.1M | −$24.5M | $14.5M |
| EBITDA | $12.1M | $4.6M | $3.9M | $9.6M | $4.3M | $15.9M | −$18.3M | $14.4M | $13.5M | $11.6M | −$32.6M | $19.6M |
| EPS (diluted) | $0.43 | $0.11 | $0.14 | $0.26 | $0.11 | $0.40 | −$0.57 | $0.38 | $0.36 | $0.30 | −$0.89 | $0.54 |
| Gross margin | 33.5% | 21.0% | 27.1% | 21.7% | 22.3% | 27.3% | 32.5% | 33.9% | 36.8% | 28.2% | 32.1% | 32.9% |
| Operating margin | 6.5% | 1.3% | 3.2% | 5.0% | 1.9% | 9.9% | −20.2% | 10.4% | 11.6% | 8.2% | −32.6% | 14.3% |
| Net margin | 11.4% | 2.0% | 4.0% | 4.9% | 2.7% | 7.6% | −14.9% | 9.1% | 10.6% | 6.8% | −23.4% | 11.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in GNE's financial statements (latest annual report filed May 1, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
GNE financial results
In fiscal year 2025 (ended December 31, 2025), Genie Energy reported revenue of $502.0 million, up 18.1% from the year before. It had net income of $24.0 million (up 90.7%), a net profit margin of 4.8%. Diluted earnings per share came to $0.91. Over five years revenue grew at an average rate of 7.1% a year.
See the GNE stock overview for the latest quote and news, or the GNE chart for price history and technical indicators.
GNE income statement FAQ
What is Genie Energy's annual revenue?
Genie Energy reported total revenue of $502.0 million for fiscal year 2025, which ended on December 31, 2025. That was up 18.1% from $425.2 million the previous year.
Is Genie Energy profitable?
Yes. Genie Energy reported net income of $24.0 million in fiscal 2025, a net profit margin of 4.8%; its operating margin was 5.8%.
What is Genie Energy's gross margin?
Genie Energy's gross margin was 24.8% in fiscal 2025: for every $100 of revenue, Genie Energy kept $25 after the direct cost of its products and services.
How fast is Genie Energy growing?
Revenue grew 7.1% a year on average over the last five fiscal years, from $356.9 million to $502.0 million.
What are Genie Energy's earnings per share?
Genie Energy earned $0.91 per diluted share in fiscal 2025, compared with $0.47 a year earlier.
When will Genie Energy report its next earnings?
Genie Energy is expected to report results for the quarter ending September 30, 2026 on November 2, 2026.
When does Genie Energy's fiscal year end?
Genie Energy's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on May 1, 2026.
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