Filing Flows › Genie Energy (GNE) › Q2 2026 › vs Q2 2025
Genie Energy (GNE) Q2 2026 vs Q2 2025 (year over year)
Genie Energy's revenue fell $4.9M (-5%) from $105M in Q2 2025 to $100M in Q2 2026. The biggest changes: Electricity −$6.3M (-7%); Oil and Gas +$1.5M (+16%); Product and Service, Other +$9K (+0.1%). Gross margin 33.5% against 22.3% (+11.2 pts).
Genie Energy, Q2 2026: revenue $100M (-5% year over year), operating margin 6.5%, net earnings $11.4M, operating cash flow −$3.4M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 33.5% | 22.3% | +11.2 pts |
| Operating margin | 6.5% | 2.2% | +4.3 pts |
| Net margin | 11.3% | 2.2% | +9.1 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Electricity | $83.5M | $89.9M | −$6.3M | -7% |
| Oil and Gas | $10.6M | $9.1M | $1.5M | +16% |
| Product and Service, Other | $6.3M | $6.3M | $9K | +0.1% |
| Revenue | $100M | $105M | −$4.9M | -5% |
| Gross profit | $33.7M | $23.5M | $10.2M | +43% |
| Cost of revenue | $66.7M | $81.8M | −$15.0M | -18% |
| Other income, net | $5.2M | $1.9M | $3.2M | +165% |
| Operating profit | $6.5M | $2.3M | $4.3M | +188% |
| Operating expenses | $27.1M | $21.2M | $5.9M | +28% |
| Pre-tax earnings | $11.7M | $4.2M | $7.5M | +177% |
| Net earnings | $11.4M | $2.3M | $9.0M | +385% |
| Minority interests | $65K | $45K | $20K | +44% |
| Income tax | $239K | $1.8M | −$1.6M | -87% |
| Operating cash sources | $15.8M | $2.1M | $13.7M | +662% |
| Depreciation & amortization | $348K | $235K | $113K | +48% |
| Share-based compensation | $630K | $606K | $24K | +4% |
| Cash used in operations | $3.4M | −$1.1M | $4.5M | — |
| Working capital & other | $15.8M | $2.1M | $13.7M | +662% |
Questions
How much did Genie Energy's revenue grow year over year in Q2 2026?
Genie Energy's revenue fell $4.9M (-5%) from $105M in Q2 2025 to $100M in Q2 2026.
What drove Genie Energy's revenue change in Q2 2026?
Electricity −$6.3M (-7%); Oil and Gas +$1.5M (+16%); Product and Service, Other +$9K (+0.1%).