earnings
confidence high
sentiment negative
materiality 0.75
Genie Energy Q3 revenue up 23.6% to $138.3M, net income drops to $6.7M from $10.2M
Genie Energy Ltd.
2025-Q3 EPS
reported $0.76
vs consensus $0.57
▲ beat
(+34.4%)
- Revenue $138.3M (+23.6% YoY) but net income fell to $6.7M ($0.26 EPS) from $10.2M ($0.38).
- Adjusted EBITDA decreased to $8.2M from $13.6M; full-year guidance reaffirmed at $40-50M but expect low end.
- Electricity customer base grew 5.4% YoY to 318k RCEs; total RCEs +4.2% to 396k.
- Genie paid $0.075 quarterly dividend and repurchased 124k shares for $2.0M in Q3.
- GRE's margins pressured by rising commodity costs; Lansing solar project nearing completion with expected Q4 revenue.