secwatch.observer — SEC 8-K summary
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Issuer:     Genie Energy Ltd. (GNE)
CIK:        0001528356
Form:       8-K
Filed at:   2026-03-19T23:59:59+00:00
Accession:  0001437749-26-009088
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Preliminary Q4/FY25: revenue up 18% but ops income down 54%; FY26 EBITDA guidance $40-50M
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- Q4 2025 revenue $121.6M (up 18% YoY); income from operations $4.6M (down 54% YoY).
- FY 2025 revenue $502.0M (up 18% YoY); income from operations $27.7M (down 38% YoY).
- FY 2026 guidance: consolidated Adjusted EBITDA of $40-$50 million.
- Restatement update: 2023-2024 financials not reliable; captive insurance accounting errors expected to significantly increase prior income.
- Cash and equivalents $211.4M at Dec 31, 2025, up from $200.6M a year prior.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1528356/000143774926009088/0001437749-26-009088-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1528356/000143774926009088/gne20260319_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-009088

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer