Genie Energy Ltd.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $382.7M
- Price
- $14.54
- % Change (Daily % change from the live per-ticker quote feed.)
- -0.82%
- Volume
- 56.8K
About
Genie Energy Ltd. is an energy solutions provider delivering electricity and natural gas to individual consumers and small businesses. The company's reach extends internationally, encompassing significant markets such as the United States, Finland, Sweden, and Japan. Its operations are structured into three primary divisions: Genie Retail Energy (GRE), GRE International, and Genie Renewables. Beyond utility provision, Genie Energy also offers energy advisory and brokerage services. Furthermore, it is involved in the renewable sector through solar panel production and distribution, the design of solar installations, and comprehensive project management. Genie Energy Ltd. was founded in 2011 and is based in Newark, New Jersey.
Quick stats
Shares outstanding26.3M
Computed float20.3M
Float / shares76.9%
Key info
SectorUtilities
IndustryRegulated Electric
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001528356
Websitehttps://www.genie.com
AI Summary
AI-generated1/8
majorbullishearnings
Genie Energy Announces Second Quarter 2026 Results
Genie Energy reported Q2 revenue of $100.4 million, down from $105.3 million in the prior year, but net income attributable to common stockholders surged to $11.4 million.
Gross margin expanded significantly to 33.5% from 22.3%, driving diluted EPS of $0.43 compared to $0.09 in the year-ago quarter.
The board declared a $0.075 per share quarterly dividend and the company repurchased 48,000 shares for approximately $659,000 during the quarter.
Management maintained its full year 2026 Adjusted EBITDA guidance of $32.5 million to $40 million.
Red flags
- Churn increased to 5.9% from 4.8% in the year-ago quarter
- Revenue decreased year-over-year despite margin expansion