Jim Harden

Scott Blake

- Genie Energy Ltd. reported **record revenue** of approximately **$138 million** for the third quarter of 2025, marking a **23.6% increase** compared to the previous year, driven by higher electricity consumption, rising commodity prices, and growth in retail customer equivalents.  **[1528356_0bd42d4d1bd645fb9b7ed307b2c042cc]** 
- Despite the revenue growth, the company’s earnings fell to **$0.26 per share** (or **$0.27 per share** by another source) from $0.38 per share last year, missing analyst estimates of $0.57, with increasing commodity costs continuing to pressure margins.  **[1528356_0bd42d4d1bd645fb9b7ed307b2c042cc]** 
- The company anticipates full year 2025 Adjusted EBITDA to be at the **low end of the $40 million to $50 million range**, with expected margin improvements in the retail energy segment in the fourth quarter of 2025 and into 2026.  **[1528356_0bd42d4d1bd645fb9b7ed307b2c042cc]** 
- Genie Energy's electricity customer base grew by about **5.4% to roughly 318,000 RCEs**, and its renewable segment is advancing with the Lansing community solar project nearing completion and expected to begin generating revenue in the fourth quarter.  **[1528356_0bd42d4d1bd645fb9b7ed307b2c042cc]**

Genie Energy Reports Record Q3 2025 Revenue and Provides Outlook

- Genie Energy reported **record-high third-quarter revenue** of **$138.3 million**, a **24% increase** compared to Q3 2024, primarily driven by its retail supply business.  **[0001528356_2227482_1]** **[0001528356_2227482_3]** 
- Despite revenue growth, **diluted EPS decreased to $0.26 per share** from $0.38 per share in the prior year, and consolidated gross profit fell **21% to $30 million**, attributed to rising commodity costs and fixed-price contracts.  **[0001528356_2227482_1]** **[0001528356_2227482_3]** 
- The retail energy segment (GRE) increased its electricity customer base to approximately **318,000 RCEs**, a **5.4% year-over-year increase**.  **[0001528356_2227482_1]** 
- The company expects to achieve the **lower end of its full-year 2025 adjusted EBITDA guidance range of $40-$50 million**.  **[0001528356_2227482_2]** **[0001528356_2227482_4]** 
- In Q3 2025, Genie Energy repurchased approximately **124,000 shares for $2 million** and paid a quarterly dividend of **$0.075 per share**.  **[0001528356_2227482_2]** **[0001528356_2227482_4]**

Genie Energy Reports Record Q3 2025 Revenue Amidst Margin Compression

- Genie Energy reported **record third quarter revenue** of **$138.3 million** in Q3 2025, an increase of **23.6%** compared to $111.9 million in Q3 2024.  **[1528356_b21fe81d972c46359d3dd7a96dfe2c16_0]** **[1528356_b21fe81d972c46359d3dd7a96dfe2c16_1]** 
- Net income attributable to Genie common stockholders for Q3 2025 was **$6.7 million**, or **$0.26 per diluted share**, down from $10.2 million, or $0.38 per diluted share, in Q3 2024.  **[1528356_b21fe81d972c46359d3dd7a96dfe2c16_1]** 
- Adjusted EBITDA decreased to **$8.2 million** in Q3 2025 from $13.6 million in Q3 2024, primarily due to challenging market conditions and increasing commodity costs impacting margins at Genie Retail Energy (GRE).  **[1528356_b21fe81d972c46359d3dd7a96dfe2c16_0]** **[1528356_b21fe81d972c46359d3dd7a96dfe2c16_1]** 
- GRE grew its electricity customer base to approximately **318,000 RCEs**, a **5.4%** year-over-year increase, and total RCEs increased **4.2% to 396,000**.  **[1528356_b21fe81d972c46359d3dd7a96dfe2c16_0]** 
- The company repurchased approximately **124,000 shares for $2.0 million** during Q3 2025 and will pay a **$0.075 per share quarterly dividend**.  **[1528356_b21fe81d972c46359d3dd7a96dfe2c16_0]** **[1528356_b21fe81d972c46359d3dd7a96dfe2c16_1]**  For the full year 2025, Genie Energy expects to achieve its annual guidance range of **$40 million to $50 million in Adjusted EBITDA, albeit at the low end** of the range.  **[1528356_b21fe81d972c46359d3dd7a96dfe2c16_0]**

Genie Energy Announces Third Quarter 2025 Results

- Genie Energy reported a **23.6% increase in revenue to $138.3 million** for Q3 2025, up from $111.9 million in Q3 2024, driven by increased per meter electricity consumption, rising commodity prices, and RCE base growth at Genie Retail Energy (GRE).  **[1528356_0001437749-25-032656_ex_853172.htm:1]** 
- **Net income attributable to common stockholders decreased to $6.7 million ($0.26 diluted EPS)** in Q3 2025 from $10.2 million ($0.38 diluted EPS) in the prior year quarter, and **Adjusted EBITDA decreased to $8.2 million** from $13.6 million, primarily due to challenging market conditions and increased commodity costs impacting GRE's margins.  **[1528356_0001437749-25-032656_ex_853172.htm:1]** 
- Genie Retail Energy (GRE) grew its electricity customer base to approximately **318,000 RCEs**, representing a **5.4% year-over-year increase**, and total RCEs increased **4.2% to 396,000**.  **[1528356_0001437749-25-032656_ex_853172.htm:1]** 
- The company repurchased approximately **124,000 shares for $2.0 million** during Q3 2025 and declared a quarterly dividend of **$0.075 per share**.  **[1528356_0001437749-25-032656_ex_853172.htm:1]** 
- For the full year 2025, Genie Energy expects to achieve its annual guidance range of **$40 million to $50 million in Adjusted EBITDA**, albeit at the low end of the range.  **[1528356_0001437749-25-032656_ex_853172.htm:1]**

Genie Energy (GNE)