Genie Energy Ltd. shareholders approved Approval of an amendment to the 2021 Stock Option and Incentive Plan that increased the number of shares of the Company’s Class B common stock available for grant by 70,000 at the 2026-06-10 meeting.
“A majority of the votes present or represented at the Meeting by the holders of shares entitled to vote on the following matter were voted in connection with the approval of an amendment to the 2021 Stock Option and Incentive Plan that increased the number of shares of the Company’s Class B common stock available for the grant of awards thereunder by 70,000. The number of votes cast with respect to this matter was as follows: Votes For Votes Against Abstentions Broker Non-Vote % Votes For 5,930,700 731,723 31,247 0 88.60”
Shareholder Votes
Genie Energy Ltd. shareholders approved Election of Directors at the 2026-06-10 meeting.
“The nominees for election to the Board of Directors were elected, each for a one-year term, based upon the following votes: Nominee Votes For Votes Against Abstentions Broker Non-Vote % Votes For Howard S. Jonas 6,149,669 514,052 29,950 0 91.87 Irwin Katsof 6,686,724 4,809 2,138 0 99.90 Joyce Mason 6,680,573 10,918 2,180 0 99.80 W. Wesley Perry 6,359,758 302,266 31,646 0 95.01 Alan B. Rosenthal 6,340,525 321,513 31,632 0 94.72”
Earnings Releases
Genie Energy Ltd. reported the quarter ended March 31, 2026 results: revenue $142.3 million, net income $2.8 million, EPS $0.11. Guidance lowered.
“as they gain scale in the coming quarters. First Quarter 2026 Highlights (Unless otherwise noted, results are for 1Q26 and are compared to 1Q25). ● Revenue increased 4.0 % to $ 142.3 million - a record quarterly level for Genie - from $ 136.8 million; ● Gross profit decreased 20.2% to $ 29.8 million from $ 37.4 million; Gross margin decreased to 20.9% from 27.3% ; ●”
Listing & Compliance Notices
Genie Energy Ltd. received a nyse noncompliance notice notice regarding late filing (rules 802.01E).
“April 1, 2026, Genie Energy Ltd. (the “Company”) received a notice of noncompliance (the “NYSE Notice”) from the New York Stock Exchange (“NYSE”) noting that the Company is not in compliance with Section 802.01E of the NYSE Listed Company Manual due to the delayed filing of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025 (the “Form 10-K”). As previously reported in the Company’s Notification of Late Filing on Form 12b-25 filed with the Securities and Exchange Commission (the “SEC”) on March 16, 2026, the Company was unable to file the Form 10-K within the p”
Earnings Releases
Genie Energy Ltd. updated its quarter and full year ended December 31, 2025 guidance (reaffirmed).
“On March 19, 2026, the Registrant distributed over a wire service and posted to the investor relations page of its website (www.genie.com), an earnings release announcing its select preliminary estimated unaudited results of operations for the quarter and full year ended December 31, 2025.”
Auditor Changes
Genie Energy Ltd. engaged CBIZ CPAs P.C. as its auditor.
“On July 9, 2025, the Audit Committee of the Board of Directors of the Company approved the appointment of CBIZ CPAs P.C. (“CBIZ”) to serve as the Company’s independent registered public accounting firm for the remainder of 2025.”
Auditor Changes
Genie Energy Ltd. dismissed Zwick CPA, PLLC as its auditor.
“On July 9, 2025, the Audit Committee of the Board of Directors of Genie Energy Ltd. (the “Company”) dismissed Zwick CPA, PLLC (“Zwick”) as the Company’s independent registered public accounting firm.”
Shareholder Votes
Genie Energy Ltd. shareholders approved Advisory vote on frequency of future advisory votes on executive compensation at the 2024-05-08 meeting.
“The number of votes cast with respect to this matter was as follows: One Year Two Years Three Years Broker Non-Vote % Votes For 681,354 46,018 5,971,178 2,686 0”
Shareholder Votes
Genie Energy Ltd. shareholders approved Advisory vote on compensation of Named Executive Officers at the 2024-05-08 meeting.
“The number of votes cast with respect to this matter was as follows: Votes For Votes Against Abstentions Broker Non-Vote % Votes For 6,189,100 506,944 2,960 2,230 99.92”
Shareholder Votes
Genie Energy Ltd. shareholders approved Approval of amendment to the 2021 Stock Option and Incentive Plan at the 2024-05-08 meeting.
“The number of votes cast with respect to this matter was as follows: Votes For Votes Against Abstentions Broker Non-Vote % Votes For 5,954,498 744,739 1,998 0 88.88”
Shareholder Votes
Genie Energy Ltd. shareholders approved Election of Directors at the 2024-05-08 meeting.
“A majority of the votes present or represented at the Meeting by the holders of shares entitled to vote on the following matter were voted in connection with the election of each of the Board of Directors nominees named in the Proxy Statement of the Company.”
Earnings Releases
Genie Energy Ltd. reported the quarter ended March 31, 2024 results: revenue $119.7 million, net income $8.1 million, EPS $0.30.
“in the press release. --- EX-99.1 (EXHIBIT 99.1) --- EX-99.1 7 ex991_1.htm EXHIBIT 99.1 Exhibit 99.1 Genie Energy A nn ounces First Quarter 2024 Results Revenue increased to $119.7 Million and Gross Profit Climbed to $33.8 Million - Both Record First Quarter Levels Income from Operations of $9.8 million, Adjusted EBITDA 1 of $11.7 Million and Earnings per Diluted”
Earnings Releases
Genie Energy Ltd. reported quarter ended December 31, 2023 results: revenue $104.9 million, net income Net loss attributable to Genie common stockholders of $24.5 million, EPS loss per diluted share (EPS) of $(0.90).
“● Revenue increased 28.9 % to $ 104.9 million from $ 81.4 million; ● Gross profit decreased 3.1 % to $ 33.6 million and gross margin decreased to 32.1 % from 42.7 %; ● Loss from operations of $ 34.2 million compared to income from operations of $ 15.5 million; ο The loss in 4 Q 23 reflects a one -time $ 45.1 million non-cash charge for a loss reserve at Genie's newly established captive insurance operations; ● Adjusted EBITDA 1 decreased 38.0 % to $ 11.4 million from $ 18.5 million; ο The decrease reflects both the strong gross margin achieved at Genie Retail in 4 Q 22 and increased investment in customer acquisitions in 4 Q 23 ; ● Net loss attributable to Genie common stockholders and loss per diluted share (EPS) attributable to Genie common stockholders of $ 24.5 million and $( 0.90 ) compared to net income of $ 16.2 million and diluted earnings per share of $ 0.59 , respectively;”
M&A Transactions
Genie Energy Ltd. underwent a change of control involving Howard S. Jonas (closed 2023-11-15).
“On November 15, 2023, seven trusts, each for the benefit of a child of Howard S. Jonas, the Company’s Executive Chairman and Chairman of the Board, with independent trustees, transferred an aggregate of 1,377,535 shares of Class A common stock of Genie Energy Ltd. (the “Company”) (representing 87% of the issued and outstanding shares of the Class A common stock of the Company, and 56% of the aggregate voting power of all issued and outstanding shares of capital stock of the Company) to a limited partnership.”
Earnings Releases
Genie Energy Ltd. updated its for fiscal year 2023 guidance (raised).
“we are increasing our previous consolidated 2023 Adjusted EBITDA guidance range of $47 to $55 million to $52 to $57 million”
Earnings Releases
Genie Energy Ltd. reported for the third quarter ended September 30, 2023 results: revenue Revenue increased 53.8% to $ 125.0 million, net income Net income from continuing operations attributable to Genie common stockholders decreased to $ 14.8 million, EPS diluted income per share EPS from continuing operations decreased to $ 0.54. Guidance raised.
“Genie Energy Announces Third Quarter 2023 Results Revenue increased 54 % year-over-year to a quarterly record $ 125 million Increased 2023 Adjusted EBITDA 1 guidance to $52 million to $57 million (versus prior guidance of $47 million to $55 million)”
Earnings Releases
Genie Energy Ltd. updated its second quarter ended June 30, 2023 guidance (raised).
“On August 7, 2023, the Registrant distributed over a wire service and posted to the investor relations page of its website (www.genie.com), an earnings release announcing its results of operations for the quarter ended June 30, 2023.”
Shareholder Votes
Genie Energy Ltd. shareholders approved Approval of an amendment to the 2021 Stock Option and Incentive Plan that, among other things, increased the number of shares of the Company’s Class B common stock available for the grant of awards thereunder by 500,000. at the 2023-05-10 meeting.
“A majority of the votes present or represented at the Meeting by the holders of shares entitled to vote on the following matter were voted in connection with the approval of an amendment to the 2021 Stock Option and Incentive Plan that, among other things, increased the number of shares of the Company’s Class B common stock available for the grant of awards thereunder by 500,000. The number of votes cast with respect to this matter was as follows: Votes For Votes Against Broker Non-Vote % Votes For 5,927,395 543,372 0 91.65”
Shareholder Votes
Genie Energy Ltd. shareholders approved Election of each of the Board of Directors nominees named in the Proxy Statement of the Company. at the 2023-05-10 meeting.
“Stockholders voted on the matters set forth below. (b) (1) A majority of the votes present or represented at the Meeting by the holders of shares entitled to vote on the following matter were voted in connection with the election of each of the Board of Directors nominees named in the Proxy Statement of the Company. The nominees for election to the Board of Directors were elected, each for a one-year term, based upon the following votes: Nominee Votes For Votes Against Abstentions Broker Non-Vote % Votes For Howard S. Jonas 6,336,396 99,193 35,718 0 98.46 Joyce Mason 6,420,454 15,098 35,215 0 99.77 W. Wesley Perry 5,966,879 466,802 37,086 0 92.74 Alan B. Rosenthal 5,983,416 450,278 37,073 0 93.00 Allan Sass 6,154,073 279,609 37,085 0 95.65”
Earnings Releases
Genie Energy Ltd. reported financial results for the quarter ended March 31, 2023.
“On May 8, 2023, the Registrant distributed over a wire service and posted to the investor relations page of its website (www.genie.com), an earnings release announcing its results of operations for the quarter ended March 31, 2023.”
Earnings Releases
Genie Energy Ltd. reported financial results for the quarter and full year ended December 31, 2022.
“On March 13, 2023, the Registrant distributed over a wire service and posted to the investor relations page of its website (www.genie.com), an earnings release announcing its results of operations for the quarter and full year ended December 31, 2022.”
Earnings Releases
Genie Energy Ltd. reported the quarter ended September 30, 2022 results: revenue $81.3 million, net income $18.3 million, EPS $0.70.
“of 2022 and for all prior periods presented. Third Quarter 2022 Highlights (versus 3Q21 unless otherwise noted; excludes GREI for all periods) ● Revenue decreased 7.3% to $81.3 million from $87.7 million; ● Gross profit increased 24.7% to $43.1 million from $34.6 million, and gross margin increased to 53.1% from 39.5%, driven by strength at GRE; ● Income from”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.