GNE
Genie Energy Ltd
NYSE: GNE · UTILITIES · UTILITIES - REGULATED ELECTRIC
$13.97
+2.12% today
Updated 2026-04-30
Market cap
$368.32M
P/E ratio
47.55
P/S ratio
0.76x
EPS (TTM)
$0.29
Dividend yield
2.17%
52W range
$13 – $28
Volume
0.1M
Genie Energy Ltd (GNE) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $264.71M | $201.36M | $203.56M | $229.46M | $279.17M | $275.03M | $210.11M | $212.11M | $264.20M | $280.31M | $315.29M | $356.93M | $323.27M | $315.54M | $428.71M | $425.20M |
| Revenue growth (YoY) | — | -23.9% | +1.1% | +12.7% | +21.7% | -1.5% | -23.6% | +1.0% | +24.6% | +6.1% | +12.5% | +13.2% | -9.4% | -2.4% | +35.9% | -0.8% |
| Cost of revenue | $192.55M | $143.53M | $149.71M | $159.87M | $213.42M | $223.09M | $141.01M | $135.17M | $178.69M | $203.76M | $232.39M | $261.88M | $231.63M | $160.76M | $282.50M | $286.72M |
| Gross profit | $72.16M | $57.83M | $53.85M | $69.59M | $65.76M | $51.94M | $69.09M | $76.94M | $85.51M | $76.55M | $82.90M | $95.05M | $91.64M | $154.78M | $146.21M | $138.48M |
| Gross margin | 27.3% | 28.7% | 26.5% | 30.3% | 23.6% | 18.9% | 32.9% | 36.3% | 32.4% | 27.3% | 26.3% | 26.6% | 28.3% | 49.1% | 34.1% | 32.6% |
| R&D | $6.25M | $5.23M | $7.84M | $9.37M | $11.39M | $12.51M | $1.99M | $269000.00 | $0.00 | $39000.00 | $207000.00 | — | — | — | — | — |
| SG&A | — | — | $17.80M | $54.00M | $49.75M | $61.37M | $66.01M | $61.57M | $82.90M | $61.58M | $68.07M | $70.65M | $64.67M | $67.86M | $84.81M | $51.41M |
| Operating income | $41.52M | $31.33M | $6.97M | $3.05M | $626000.00 | $-25.61M | $-5.88M | $-30.51M | $-6.54M | $8.55M | $9.82M | $21.87M | $24.09M | $77.75M | $10.01M | $11.29M |
| Operating margin | 15.7% | 15.6% | 3.4% | 1.3% | 0.2% | -9.3% | -2.8% | -14.4% | -2.5% | 3.0% | 3.1% | 6.1% | 7.5% | 24.6% | 2.3% | 2.7% |
| EBITDA | $41.09M | $29.84M | $12.24M | $6.35M | $-2.48M | $-24.68M | $-7.68M | $-29.39M | $-4.47M | $11.49M | $10.14M | $25.72M | $24.52M | $78.04M | $18.67M | $21.22M |
| EBITDA margin | 15.5% | 14.8% | 6.0% | 2.8% | -0.9% | -9.0% | -3.7% | -13.9% | -1.7% | 4.1% | 3.2% | 7.2% | 7.6% | 24.7% | 4.4% | 5.0% |
| EBIT | $40.98M | $29.75M | $12.21M | $6.22M | $-2.59M | $-24.81M | $-8.11M | $-29.97M | $-6.61M | $9.43M | $6.51M | $22.76M | $24.09M | $77.65M | $18.21M | $20.33M |
| Interest expense | $67000.00 | $1.72M | $3.17M | $2.91M | $3.22M | $2.09M | $10000.00 | $19000.00 | $310000.00 | $401000.00 | $530000.00 | $328000.00 | $427000.00 | $129000.00 | $99000.00 | $464000.00 |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $22.75M | $14.57M | $1.63M | $-3.28M | $-5.90M | $-26.49M | $-7.46M | $-24.52M | $-6.99M | $22.79M | $4.17M | $13.15M | $29.21M | $87.81M | $19.54M | $12.59M |
| Net income growth (YoY) | — | -35.9% | -88.8% | -301.3% | -79.9% | -348.7% | +71.8% | -228.9% | +71.5% | +425.8% | -81.7% | +215.1% | +122.1% | +200.6% | -77.7% | -35.6% |
| Profit margin | 8.6% | 7.2% | 0.8% | -1.4% | -2.1% | -9.6% | -3.5% | -11.6% | -2.6% | 8.1% | 1.3% | 3.7% | 9.0% | 27.8% | 4.6% | 3.0% |