Filing Flows › Genie Energy (GNE) › Q3 2026
Genie Energy (GNE) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Genie Energy (GNE) reported revenue of $127M for the third quarter 2026 (Q3 2026), -8% from a year earlier and +27% from the quarter before. Operating margin was 10.0%, net earnings $10.1M (8.0% of revenue).
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 follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $127M | +27% | -8% |
| Gross profit | $41.2M | +22% | +37% |
| Operating profit | $12.7M | +95% | +72% |
| Net earnings | $10.1M | -11% | +59% |
| Operating cash flow | $12.4M | — | -11% |
What changed
Revenue was $127.2M in Q3 2026, down 8% year over year and up 27% from the previous quarter. Electricity was the largest line at 89% of revenue. Electricity lost $13.4M year over year (down 11%), 120% of the total change.
Gross margin was 32.4%, up 10.7 points from Q3 2025. Operating profit was $12.7M, a 10.0% margin (up 4.7 points year over year). Operating expenses grew 26% against a revenue fall of 8%. Net earnings were $10.2M, up 59% year over year. The effective tax rate was 31.1%.
Operating cash flow was $12.4M (down 11% year over year), 122% of net earnings. Non-cash charges added back $351K of depreciation and amortization and $601K of share-based compensation. Working capital and other items added $1.3M.
Questions
What was Genie Energy's revenue in the third quarter 2026?
Genie Energy (GNE) reported revenue of $127M for the third quarter 2026 (Q3 2026), -8% from a year earlier and +27% from the quarter before.
Was Genie Energy profitable in the third quarter 2026?
Operating profit was $12.7M (10.0% of revenue) and net earnings $10.1M.
Source: Genie Energy 10-Q on SEC EDGAR.