NYSE$GNE

Genie Energy Ltd · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

Genie Energy Ltd reported Q1 2026 results with total revenue of $142.3 million and net income of $2.5 million.

Genie Energy Ltd delivered revenue of $142.3 million in the first quarter of 2026, down slightly from the prior year due to lower electricity volumes offset by higher natural gas sales. Net income attributable to common stockholders was $2.8 million with basic and diluted EPS of $0.11. The company maintained strong liquidity with cash and cash equivalents of $185.9 million at quarter end.

  • Total revenue reached $142.3 million, with Genie Retail Energy contributing $134.8 million and Genie Renewables $7.5 million.
  • Gross profit was $29.8 million, yielding a 21.0% gross margin amid higher cost of revenues.
  • Net income from continuing operations totaled $2.5 million, with operating income of $1.9 million.
  • Cash and cash equivalents stood at $185.9 million, supporting ongoing operations and solar project development.

Headline financials

Total Revenue

$142M

Previous: $137M+4.0%
EPS (adj)

$0.11

Previous: $0.42-73.8%
Free Cash Flow

-$7.4M

No prior period
Net Income

$2.78M

Previous: $10.3M-73.0%
Operating Income

$1.87M

Previous: $12.8M-85.4%
Gross Profit

$29.8M

Previous: $37.4M-20.2%
Cash & Equivalents

$186M

No prior period
Total Assets

$376M

No prior period

Revenue & EPS history

Genie Energy · Revenue · Quarterly

$142M

Q1 2026+4%vs Q1 2025
Beat estimate in 0 of 1 quarters(0%)
ActualEstimate

Revenue by segment

Genie Energy · $142M total across 2 segments · Q1 2026

  • Genie Retail Energy
    $135M
  • Genie Renewables
    $7.55M

Forward guidance

No explicit quantitative guidance provided; management highlighted seasonal demand patterns and ongoing solar project evaluations following regulatory changes.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+0.4%

Avg return

Earnings day

+3.5%

Avg return

5 days after

+5.8%

Avg return

30 days after

56%

35 / 62 earnings

Positive

+17.1%

Q1 2016

Best reaction

-36.6%

Q2 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.8%+3.8%
Q4 2025-0.9%+0.6%+0.9%
Q3 2025+2.2%+1.3%-3.9%
Q2 2025-19.3%-19.8%-24.2%
Q1 2025+3.4%+8.6%+48.5%
Q4 2024-4.3%-4.4%+1.7%
Q3 2024+8.3%+5.4%-7.5%
Q2 2024+1.0%+4.1%+9.4%
Q1 2024-3.5%-3.3%-7.2%
Q4 2023-16.0%-13.5%-20.6%
Q3 2023+5.4%+19.6%+24.1%
Q2 2023+8.9%+12.4%+9.7%
Q1 2023-7.6%+3.6%-7.4%
Q4 2022-17.4%-8.7%+39.1%
Q3 2022-11.6%-18.7%-2.6%
Q2 2022+13.0%+13.2%+6.1%
Q1 2022-1.1%+17.8%+38.4%
Q4 2021+9.5%+13.0%+10.9%
Q3 2021+11.1%+7.8%+3.6%
Q2 2021+1.5%+0.7%+11.4%
Q1 2021+1.6%+7.1%+8.0%
Q4 2020-5.5%-6.3%-15.6%
Q3 2020+5.6%+7.7%-4.7%
Q2 2020+7.7%+8.1%+2.1%
Q1 2020+8.9%+8.6%+16.6%
Q4 2019+0.3%+12.4%+35.5%
Q3 2019+15.7%+19.8%+22.3%
Q2 2019-36.6%-31.2%-32.4%
Q1 2019+4.0%+11.5%+9.6%
Q4 2018-4.0%-3.0%-2.5%
Q3 2018+13.0%+25.2%+29.9%
Q2 2018-0.6%+0.4%+0.7%
Q1 2018+13.7%+8.9%+19.5%
Q4 2017+6.4%+6.4%-14.9%
Q3 2017+4.9%+5.3%-18.4%
Q2 2017-4.9%-5.5%-8.3%
Q1 2017-4.4%+1.7%+5.3%
Q4 2016+11.3%+10.0%+34.5%
Q3 2016-0.6%-1.0%+8.8%
Q2 2016+6.8%+12.1%-1.0%
Q1 2016+17.1%
Q4 2015-10.6%
Q3 2015+9.0%
Q2 2015-9.1%
Q1 2015+10.4%
Q4 2014-2.4%
Q3 2014-5.3%
Q2 2014+5.6%
Q1 2014+3.2%
Q4 2013-8.9%
Q3 2013-3.5%
Q2 2013-6.8%
Q1 2013-16.8%
Q2 2011+4.4%
Q2 2012+4.4%
Q4 2010+4.4%
Q4 2012-0.6%
Q3 2012-2.7%
Q3 2011-1.1%
Q1 2012+1.4%
Q1 2011+2.1%
Q4 2011+2.1%

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