Genie Energy Ltd.GNEEarnings & Financial Report
Genie Energy Ltd. is an American energy company headquartered in Newark, New Jersey. It is a holding company comprising Genie Retail Energy, Genie Retail Energy International, Genie Energy Services, and Genie Energy Oil and Gas. Michael Stein is the Chief Executive Officer, Genie Energy Ltd.
GNE Q3 2025 Key Financial Metrics
Revenue
$138.3M
Gross Profit
$30.0M
Operating Profit
$6.9M
Net Profit
$6.7M
Gross Margin
21.7%
Operating Margin
5.0%
Net Margin
4.9%
YoY Growth
23.6%
EPS
$0.26
Financial Flow
Genie Energy Ltd. Q3 2025 Financial Summary
Genie Energy Ltd. reported revenue of $138.3M (up 23.6% YoY) for Q3 2025, with a net profit of $6.7M (down 33.9% YoY) (4.9% margin). Cost of goods sold was $108.3M, operating expenses totaled $23.1M.
Key Financial Metrics
| Total Revenue | $138.3M |
|---|---|
| Net Profit | $6.7M |
| Gross Margin | 21.7% |
| Operating Margin | 5.0% |
| Report Period | Q3 2025 |
Revenue Breakdown
Genie Energy Ltd. Q3 2025 revenue of $138.3M breaks down across 3 segments, led by Sales Channel Directly To Consumer at $108.8M (78.7% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Sales Channel Directly To Consumer | $108.8M | 78.7% |
| Sales Channel Through Intermediary | $23.5M | 17.0% |
| Genie Renewables GREW | $6.0M | 4.3% |
Genie Energy Ltd. Revenue by Segment — Quarterly Trend
Genie Energy Ltd. revenue by segment across the last 4 reported quarters, showing how each business line (such as Sales Channel Directly To Consumer and Sales Channel Through Intermediary) has evolved quarter over quarter.
| Segment | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|
| Sales Channel Directly To Consumer | $108.8M | — | — | — |
| Sales Channel Through Intermediary | $23.5M | — | — | — |
| Genie Renewables GREW | $6.0M | $6.3M | — | — |
Genie Energy Ltd. Annual Revenue by Year
Genie Energy Ltd. annual revenue history includes year-by-year totals (for example, 2024 revenue was $425.2M). Click any linked year to see what changed vs the prior annual report.
Genie Energy Ltd. Quarterly Revenue & Net Profit History
Genie Energy Ltd. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 2025 | $138.3M | +23.6% | $6.7M | 4.9% |
| Q2 2025 | $105.3M | +16.0% | $2.8M | 2.7% |
| Q1 2025 | $136.8M | +14.3% | $10.3M | 7.5% |
| Q4 2024 | $102.9M | -1.9% | $-15.3M | -14.9% |
| Q3 2024 | $111.9M | -10.5% | $10.2M | 9.1% |
| Q2 2024 | $90.7M | -3.0% | $9.6M | 10.6% |
| Q1 2024 | $119.7M | +13.7% | $8.1M | 6.8% |
| Q4 2023 | $104.9M | +28.9% | $-24.5M | -23.4% |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $104.9M | $119.7M | $90.7M | $111.9M | $102.9M | $136.8M | $105.3M | $138.3M |
| YoY Growth | 28.9% | 13.7% | -3.0% | -10.5% | -1.9% | 14.3% | 16.0% | 23.6% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $330.6M | $328.3M | $322.8M | $341.7M | $371.3M | $384.4M | $383.1M | $394.1M |
| Liabilities | $146.0M | $148.9M | $133.2M | $141.4M | $191.7M | $197.0M | $195.9M | $205.3M |
| Equity | $197.2M | $192.9M | $202.1M | $211.1M | $190.5M | $198.0M | $197.0M | $198.8M |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $10.5M | $12.9M | $20.4M | $24.4M | $13.0M | $15.3M | $1.1M | $13.9M |