---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-032656"
form_type: "8-K"
ticker: "GNE"
cik: "0001528356"
company_name: "Genie Energy Ltd."
filed_at: "2025-11-03T23:59:59+00:00"
generated_at: "2026-05-17T00:52:01.297555+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Genie Energy Q3 revenue up 23.6% to $138.3M, net income drops to $6.7M from $10.2M

## Summary
- 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.

## SEC filing metadata
- accession: 0001437749-25-032656
- form_type: 8-K
- ticker: GNE
- cik: 0001528356
- company_name: Genie Energy Ltd.
- filed_at: 2025-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1528356/000143774925032656/0001437749-25-032656-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1528356/000143774925032656/gne20250813_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-032656
- JSON: https://secwatch.observer/filing/0001437749-25-032656.json
- Plain text: https://secwatch.observer/filing/0001437749-25-032656.txt

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