Genie Energy Q2 profit rises to $11.4 million as revenue falls to $100.4 million
Genie Energy reported second quarter 2026 results, with net income attributable to common stockholders rising to $11.4 million, or $0.43 per diluted share, from $2.3 million, or $0.09, a year earlier. Revenue fell to $100.4 million from $105.3 million, and the company kept its full year 2026 Adjusted EBITDA guidance of $32.5 million to $40 million.
Key points
- Net income attributable to common stockholders was $11.4 million, or $0.43 per diluted share, versus $2.3 million, or $0.09, in 2Q25.
- Revenue decreased to $100.4 million from $105.3 million; gross margin rose to 33.5% from 22.3%.
- Adjusted EBITDA was $7.5 million versus $3.0 million; full year 2026 Adjusted EBITDA guidance was maintained at $32.5 million to $40 million.
- A $0.075 per share quarterly dividend is payable on or about August 24, 2026, with an August 14 record date.
The filing
Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.