Filing Flows › Genie Energy (GNE) › Q3 2026 › vs Q2 2026
Genie Energy (GNE) Q3 2026 vs Q2 2026 (quarter over quarter)
Genie Energy's revenue rose $26.8M (+27%) from $100M in Q2 2026 to $127M in Q3 2026. The biggest changes: Electricity +$29.7M (+36%); Oil and Gas −$3.0M (-28%); Product and Service, Other +$161K (+3%). Gross margin 32.4% against 33.5% (-1.1 pts).
Genie Energy, Q3 2026: revenue $127M (-8% year over year), operating margin 10.0%, net earnings $10.1M, operating cash flow $12.4M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 32.4% | 33.5% | -1.1 pts |
| Operating margin | 10.0% | 6.5% | +3.5 pts |
| Net margin | 8.0% | 11.4% | -3.4 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Electricity | $113M | $83.5M | $29.7M | +36% |
| Oil and Gas | $7.6M | $10.6M | −$3.0M | -28% |
| Product and Service, Other | $6.4M | $6.3M | $161K | +3% |
| Revenue | $127M | $100M | $26.8M | +27% |
| Gross profit | $41.2M | $33.7M | $7.6M | +22% |
| Cost of revenue | $86.0M | $66.7M | $19.3M | +29% |
| Other income, net | $2.0M | $5.2M | −$3.2M | -62% |
| Operating profit | $12.7M | $6.5M | $6.2M | +95% |
| Operating expenses | $28.5M | $27.1M | $1.4M | +5% |
| Pre-tax earnings | $14.7M | $11.7M | $3.0M | +26% |
| Net earnings | $10.1M | $11.4M | −$1.3M | -11% |
| Income tax | $4.6M | $239K | $4.3M | 19× |
| Depreciation & amortization | $351K | $348K | $3K | +0.9% |
| Share-based compensation | $601K | $630K | −$29K | -5% |
| Working capital & other | $1.3M | −$15.8M | $17.1M | — |
| Operating cash flow | $12.4M | −$3.4M | $15.8M | — |
Questions
How much did Genie Energy's revenue grow quarter over quarter in Q3 2026?
Genie Energy's revenue rose $26.8M (+27%) from $100M in Q2 2026 to $127M in Q3 2026.
What drove Genie Energy's revenue change in Q3 2026?
Electricity +$29.7M (+36%); Oil and Gas −$3.0M (-28%); Product and Service, Other +$161K (+3%).