10-K · May 1, 2026
Genie Energy Ltd. reported a significant growth in revenues across its retail energy and renewable segments, despite ongoing legal challenges and a need for a financial restatement. The company has revived its focus on…
Earnings analysis · 10-Q
GNE earnings analysis
Filed May 15, 2026 · Our reading of the company's report
The latest report
Genie Energy Ltd. reported a significant revenue increase of 9.3% year-over-year, reaching $121.6 million in Q4 2026, while EPS surged to $0.30, well above the consensus estimate of $0.07. However, the operating margin…
Read full summary
Genie Energy Ltd. reported a significant revenue increase of 9.3% year-over-year, reaching $121.6 million in Q4 2026, while EPS surged to $0.30, well above the consensus estimate of $0.07. However, the operating margin declined sharply to 4.6%, reflecting increased costs alongside heightened customer acquisitions in the retail energy segment.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.3
- Operating margin
- 4.6%
- Segment
- Genie Retail Energy
- Segment
- Genie Renewables
What stood out
-
Strong Revenue Growth
Total revenue increased 9.3% from $111.3M in Q3 2025 to $121.6M in Q4 2026.
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Significant EPS Beat
EPS rose to $0.30, exceeding consensus expectations of $0.07.
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Improved Segment Performance
Genie Retail Energy revenues grew by 1.7% to $134.8M, supported by a 24.4% increase in natural gas revenue.
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Cash Reserves Improved
Cash, cash equivalents, and restricted cash increased to $194.6 million.
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Strong Customer Acquisition
Gross meter acquisitions rose by 84,000 in Q1 2026, up from 61,000 year-over-year.
-
Reduced Interest Expense
Interest expense fell to $124, down 34.4% from $189 in the previous year.
What to watch
-
Margin Compression
Operating margin dropped to 4.6% due to rising customer acquisition and operational costs.
-
Cash Flow Turnaround Needed
Operating cash flow declined to -$6.51M, down from $13.52M in Q1 2025.
-
Legal Risks Related to Finland Operations
Ongoing disputes from discontinued operations in Finland could pose future liabilities.
Management's outlook
Cash flow impact from legal risks may hinder short-term performance.
Earlier filings 4
10-Q · November 6, 2025
Genie Energy reported Q3 2025 revenue of $138,324 (reported in the filing) driven by higher electricity sales, but gross margin compressed materially and net income and EPS declined versus the prior year. Management is…
10-Q · August 7, 2025
Genie Energy reported Q2 revenue of $105,251,000, up $14,555,000 (+16.0%) versus Q2 2024 but down $31,749,000 (-23.2%) versus Q1 2025. Margins compressed materially: gross margin fell to 22.3% and operating margin to…
10-Q · May 9, 2025
Genie Energy reported Q1 2025 revenue of $136.807 million (vs. $119.688 million in Q1 2024) and diluted EPS of $0.40 (vs. $0.30). Growth was driven by GRE (electricity and natural gas) while GREW/Other revenues…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.