---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-045205"
form_type: "8-K"
ticker: "GNE"
cik: "0001528356"
company_name: "Genie Energy Ltd."
filed_at: "2022-08-08T23:59:59+00:00"
generated_at: "2026-06-24T02:46:20.845029+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Genie Energy Q2 net income $33.9M, EPS $1.30; record gross profit

## Summary
- Revenue $75.0M (-1.8% YoY); gross profit $67.5M (+218%) on international hedge book gains.
- Net income $33.9M, diluted EPS $1.30 vs $0.19; Adjusted EBITDA $49.1M vs $5.5M.
- Declared $0.075 quarterly dividend; repurchased 639K common shares and $2M preferred stock.
- GRE segment income from ops $14.4M; international hedge book added $35.8M mark-to-market gain.
- Formed Sunlight Energy Investments for solar projects; sold Swedish book of ~6,000 meters.

## SEC filing metadata
- accession: 0001213900-22-045205
- form_type: 8-K
- ticker: GNE
- cik: 0001528356
- company_name: Genie Energy Ltd.
- filed_at: 2022-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1528356/000121390022045205/0001213900-22-045205-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1528356/000121390022045205/ea163913-8k_genieenergy.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-045205
- JSON: https://secwatch.observer/filing/0001213900-22-045205.json
- Plain text: https://secwatch.observer/filing/0001213900-22-045205.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.