---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-025233"
form_type: "8-K"
ticker: "GNE"
cik: "0001528356"
company_name: "Genie Energy Ltd."
filed_at: "2025-08-07T23:59:59+00:00"
generated_at: "2026-05-17T17:30:37.594490+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Genie Energy Q2 revenue up 16% to $105.3M but net income drops to $2.8M

## Summary
- Revenue $105.3M (+16% YoY); gross margin fell to 22.3% from 36.8% driven by wholesale power cost increases.
- Net income attributable to common $2.8M ($0.11 EPS) vs $9.6M ($0.36 EPS) in prior year.
- Adjusted EBITDA $3.0M vs $12.0M year ago; management reaffirms FY 2025 consolidated Adj. EBITDA guidance of $40-50M.
- Customer base grew to ~419K meters (+15% YoY); GREW revenue +44% and approached break-even.
- Paid $0.075/share quarterly dividend (record Aug 11); repurchased ~159K shares for $2.7M in Q2.

## SEC filing metadata
- accession: 0001437749-25-025233
- form_type: 8-K
- ticker: GNE
- cik: 0001528356
- company_name: Genie Energy Ltd.
- filed_at: 2025-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1528356/000143774925025233/0001437749-25-025233-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1528356/000143774925025233/gne20250612_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-025233
- JSON: https://secwatch.observer/filing/0001437749-25-025233.json
- Plain text: https://secwatch.observer/filing/0001437749-25-025233.txt

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