NYSE$GNE
Genie Energy Ltd · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
Genie Energy reported strong Q4 2021 results driven by risk management and portfolio management, with Genie Retail International generating significant revenue growth.
Genie Energy reported strong Q4 2021 results, with significant gross profit increase and revenue growth in Genie Retail International. The company finished the year with a strong balance sheet and reinstated its quarterly dividend.
- Gross profit increased by 53% in the fourth quarter.
- Genie Retail International (GREI) revenue grew by 64% in the fourth quarter.
- Genie Renewables gross margin improved significantly due to a shift to higher-margin services projects.
- The company finished the year with the strongest balance sheet in recent history.
Headline financials
Revenue & EPS history
Genie Energy · Revenue · Quarterly
$84.7M
Revenue by segment
Genie Energy · $142M total across 2 segments · Q1 2026
- Genie Retail Energy$135M—94.7%
- Genie Renewables$7.55M—5.3%
Forward guidance
For the first quarter to date, GRE and GREI, which are predominantly electricity-based, have been insulated against the volatility of energy prices due to our strong risk management programs. Beyond the first quarter, we currently plan to invest in sales and marketing activities to drive customer growth in GRE and GREI. Genie Renewables is positioned for robust growth during 2022 with current solar project signed contracts that, if constructed and completed, would triple our solar revenue from 2021. Overall, we expect Genie Renewables to deliver $15-20 million of revenue in 2022 while we continue to invest in opportunities that will drive medium to long-term growth
Tailwinds
- GRE and GREI have been insulated against the volatility of energy prices due to our strong risk management programs.
- Plans to invest in sales and marketing activities to drive customer growth in GRE and GREI.
- Genie Renewables is positioned for robust growth during 2022.
- Current solar project signed contracts would triple our solar revenue from 2021.
- Genie Renewables is expected to deliver $15-20 million of revenue in 2022.
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 Q4 2021
+0.4%
Avg return
Earnings day
+3.5%
Avg return
5 days after
+5.9%
Avg return
30 days after
56%
35 / 62 earnings
Positive
+17.1%
Q1 2016
Best reaction
-36.6%
Q2 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +2.8% | +3.8% | +8.5% | |
| 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 2012 | +4.4% | — | — | |
| Q2 2011 | +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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