Genie Energy Ltd. income statement
In fiscal 2025, Genie Energy Ltd. reported revenue of $502m, up 18.1% on the year before, operating income of $27.7m (a 5.5% margin) and net income of $24.0m, or $0.90 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010Jul 2010 | 2011Jul 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 195 | 196 | 229 | 279 | 281 | 213 | 212 | 264 | 280 | 315 | 357 | 323 | 316 | 429 | 425 | 502 | 502 |
| Cost of revenue | 138 | 142 | 160 | 213 | 232 | 146 | 135 | 179 | 204 | 232 | 262 | 232 | 161 | 283 | 287 | 377 | 375 |
| Gross profit | 58 | 54 | 70 | 66 | 49 | 67 | 77 | 86 | 77 | 83 | 95 | 92 | 155 | 146 | 138 | 125 | 127 |
| Research and development | 5 | 8 | 9 | 7 | 6 | 2 | −0 | — | 0 | 0 | — | — | — | — | — | — | — |
| Selling, general and administrative | 21 | 34 | 54 | 50 | 62 | 66 | 62 | 80 | 62 | 73 | 72 | 68 | 75 | 91 | 93 | 95 | 105 |
| Operating income | 30 | 7 | 3 | 1 | −28 | −8 | −31 | −6 | 12 | 10 | 22 | 24 | 78 | 55 | 45 | 28 | 20 |
| Interest expense | — | — | — | — | — | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Income before tax | 28 | 4 | 0 | −3 | −27 | −8 | −30 | −7 | 9 | 6 | 22 | 24 | 78 | 63 | 53 | 36 | 33 |
| Income tax | 14 | 7 | 3 | 3 | 0 | 1 | 2 | 2 | −12 | 5 | 8 | 8 | 21 | 17 | 15 | 8 | 5 |
| Net income | 15 | 2 | −3 | −6 | −26 | −7 | −25 | −7 | 23 | 4 | 13 | 29 | 88 | 52 | 36 | 24 | 26 |
| Diluted EPS | $0.65 | $0.07 | −$0.17 | −$0.36 | −$1.31 | −$0.40 | −$1.14 | −$0.36 | $0.83 | $0.10 | $0.44 | $1.05 | $3.26 | $1.99 | $1.31 | $0.90 | $0.98 |
| Diluted shares (average) | 22m | 22m | 21m | 20m | 21m | — | — | 24m | — | — | 27m | 26m | 26m | 26m | 27m | 27m | 26m |
| EBITDA | 30 | 7 | 3 | 1 | −28 | −8 | −30 | −4 | 14 | 13 | 25 | 25 | 78 | 56 | 46 | 29 | 21 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 112 | 103 | 137 | 105 | 138 | 121 | 142 | 100 |
| Cost of revenue | 74 | 69 | 99 | 82 | 108 | 88 | 112 | 67 |
| Gross profit | 38 | 33 | 37 | 23 | 30 | 34 | 30 | 34 |
| Selling, general and administrative | 25 | 23 | 24 | 21 | 23 | 28 | 28 | 27 |
| Operating income | 12 | −21 | 13 | 2 | 7 | 5 | 2 | 7 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income before tax | 14 | 15 | 15 | 4 | 9 | 8 | 4 | 12 |
| Income tax | 4 | 5 | 5 | 2 | 2 | 0 | 2 | 0 |
| Net income | 10 | −15 | 10 | 2 | 7 | 5 | 3 | 11 |
| Diluted EPS | $0.39 | $0.25 | $0.40 | $0.09 | $0.25 | $0.16 | $0.11 | $0.43 |
| EBITDA | 12 | −21 | 14 | 3 | 7 | 5 | 2 | 7 |
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