---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-016874"
form_type: "8-K"
ticker: "GNE"
cik: "0001528356"
company_name: "Genie Energy Ltd."
filed_at: "2026-05-14T11:30:09+00:00"
generated_at: "2026-05-14T11:37:13.539741+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Genie Energy Q1 revenue up 4% to $142.3M, but EPS drops to $0.11; cuts FY EBITDA guidance

## Summary
- Net income of $2.8M ($0.11 diluted EPS) vs $10.4M ($0.40) a year ago.
- Adjusted EBITDA fell to $2.8M from $14.4M; FY 2026 guidance reduced from $40-50M to $32.5-40M.
- Gross profit down 20.2% to $29.8M; margin compressed to 20.9% from 27.3% on weak retail margins.
- Customer acquisition spend increased; inventory writedown on solar panels impacted results.
- Quarterly dividend of $0.075 per share payable June 2; record date May 22.

## SEC filing metadata
- accession: 0001437749-26-016874
- form_type: 8-K
- ticker: GNE
- cik: 0001528356
- company_name: Genie Energy Ltd.
- filed_at: 2026-05-14T11:30:09+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1528356/000143774926016874/0001437749-26-016874-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1528356/000143774926016874/gne20260202_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-016874
- JSON: https://secwatch.observer/filing/0001437749-26-016874.json
- Plain text: https://secwatch.observer/filing/0001437749-26-016874.txt

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