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.
Key figures
- Eps
- 0.43
- Revenue
- $100.4 million
- Guidance
- full year 2026 Adjusted EBITDA guidance of $32.5 to $40 million
- Net income
- $11.4 million
- Gross margin
- 33.5%
- Adjusted ebitda
- $7.5 million
- Repurchase cost
- $659 thousand
- Dividend per share
- $0.075
- Shares repurchased
- 48000
AI analysis
Red flags2 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.