Filing Flows › Genie Energy (GNE) › How it makes money
How Genie Energy (GNE) makes money
Genie Energy (GNE) made $127M of revenue in the third quarter 2026 (Q3 2026), -8% from a year earlier. Electricity brought in $113M (89%); Oil and Gas brought in $7.6M (6%); Product and Service, Other brought in $6.4M (5%). Of every dollar of revenue, 32¢ was left as gross profit, 10¢ was left as operating profit, 8¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Electricity | $113M | 89.0% | +36% | -11% |
| Oil and Gas | $7.6M | 6.0% | -28% | +31% |
| Product and Service, Other | $6.4M | 5.1% | +3% | +8% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $127M | 100.0% |
| Cost of revenue | $86.0M | 67.6% |
| Gross profit | $41.2M | 32.4% |
| Operating expenses | $28.5M | 22.4% |
| Operating profit | $12.7M | 10.0% |
| Income tax | $4.6M | 3.6% |
| Net earnings | $10.1M | 8.0% |
| Operating cash flow | $12.4M | 9.7% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $127M | -8% |
| Q2 2026 | $100M | -5% |
| Q1 2026 | $142M | +4% |
| Q4 2025 | $121M | +18% |
| Q3 2025 | $138M | +24% |
| Q2 2025 | $105M | +16% |
| Q1 2025 | $137M | +14% |
From Genie Energy's 10-Q filed Nov 5, 2026 (on EDGAR).
Questions
How does Genie Energy make money?
Genie Energy (GNE) made $127M of revenue in the third quarter 2026 (Q3 2026), -8% from a year earlier. Electricity brought in $113M (89%); Oil and Gas brought in $7.6M (6%); Product and Service, Other brought in $6.4M (5%). Of every dollar of revenue, 32¢ was left as gross profit, 10¢ was left as operating profit, 8¢ was left as net earnings.
What is Genie Energy's biggest business?
Electricity: $113M in the third quarter 2026, 89% of revenue, -11% from a year earlier.
What is Genie Energy's profit margin?
Net earnings were $10.1M, 8.0% of revenue, in the third quarter 2026; the operating margin was 10.0%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.