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Home›GNE›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

Genie Energy Ltd. (GNE) financials

Income statement

Genie Energy Ltd. (GNE) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$212M$264M$170K$315M$357M$323M$316M$429M$425M$502M
Revenue growth—24.6%-99.9%185365.3%13.2%-9.4%-2.4%35.9%-0.8%18.1%
Gross profit$76.9M$85.5M$76.5M$82.9M$95.1M$91.6M$155M$146M$138M$125M
Gross margin36.3%32.4%45027.6%26.3%26.6%28.3%49.1%34.1%32.6%24.8%
Operating income-$30.5M-$5.97M$12.0M$9.82M$21.9M$24.1M$77.8M$55.1M$44.9M$27.7M
Operating margin-14.4%-2.3%7045.9%3.1%6.1%7.5%24.6%12.9%10.6%5.5%
Net income-$24.5M-$6.99M$22.8M$4.17M$13.2M$29.2M$87.8M$52.2M$35.5M$24.0M
Net margin-11.6%-2.6%13402.9%1.3%3.7%9.0%27.8%12.2%8.4%4.8%
EPS (diluted)-$1.14-$0.36$0.83$0.10$0.44$1.05$3.26$1.99$1.31$0.90

Cash flow

Genie Energy Ltd. (GNE) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$15.6M$9.38M$19.4M$15.8M$23.1M$68.4M$80.7M$62.5M$70.7M$46.3M
Capital expenditures$586K$3.29M$584K———————
Free cash flow$15.0M$6.09M$18.8M———————
Share buybacks$29.0K$829K$889K$5.58M$1.70M$3.85M$4.41M$37.0K$10.4M—
Dividends paid———$9.60M$10.1M$1.48M$9.16M$8.87M$8.21M$8.02M

Balance sheet

Genie Energy Ltd. (GNE) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$35.2M$29.9M$41.6M$31.2M$31.9M$93.6M$98.6M$159M$193M$204M
Total assets$122M$126M$147M$156M$187M$229M$278M$331M$370M$389M
Total liabilities$41.9M$58.6M$54.2M$75.3M$101M$119M$104M$146M$135M$145M
Long-term debt———$863K————$8.67M$6.53M
Shareholders' equity$96.5M$84.0M$104M$94.8M$98.1M$123M$187M$197M$246M$251M
Retained earnings-$51.6M-$67.5M-$53.9M-$59.7M-$56.7M-$29.1M$49.0M$92.9M$120M$136M
Shares (wtd avg diluted)—23.5M25.7B27.5B26.8M26.3M26.4M26.1M27.2M26.5M

Every figure is extracted from Genie Energy Ltd.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Genie Energy Ltd.'s annual revenue?
Genie Energy Ltd. (GNE) reported $502M of revenue for fiscal year 2025 — up 18.1% from $425M in FY2024, per its annual report filed with the SEC.
Is Genie Energy Ltd. profitable?
Yes — GNE earned $24.0M of net income in FY2025, a 4.8% net margin, per SEC filings.
Does GNE pay a dividend?
Yes — Genie Energy Ltd. paid $8.02M in cash dividends during FY2025, per its SEC cash-flow statement.
Full GNE analysis — verdict, score & filings →Is GNE a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.