Genie Energy Ltd. (GNE) Form 8-K — Aug 6, 2026
Genie Energy reported strong second quarter 2026 results with net income rising to $11.4 million and EPS increasing to $0.43, driven by gross margin expansion and positive Adjusted EBITDA across its retail and renewable segments. The company's Genie Retail Energy division achieved a significant year-over-year improvement in income from operations, while Genie Renewables generated positive Adjusted EBITDA for the first time, supported by its Diversegy brokerage and Genie Solar businesses.
Key figures
- Eps
- 0.43
- Eps Beat
- 0.34
- Revenue
- 100.4
- Dividend
- 0.075
- Net Income
- 11.4
- Total Debt
- 6.5
- Revenue Yoy
- -4.9
- Gross Margin
- 33.5
- Gross Profit
- 33.7
- Total Assets
- 369.7
- Cash Position
- 204.3
- Adjusted Ebitda
- 7.5
- Share Repurchase
- 659
- Shares Outstanding
- 29365
- Shares Repurchased
- 48
Price after filing
Close on the filing date to close N calendar days later (from $13.93). Historical, not a forecast.
AI analysis
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