Genie Energy (GNE) Revenue & Revenue Breakdown

OverviewOwnership Financials Chart Transcripts

Genie Energy Revenue Highlights

Latest Revenue (Y)

$425.20M

Latest Revenue (Q)

$111.92M

Main Segment (Y)

Electricity

Main Geography (Y)

UNITED STATES

Genie Energy Revenue by Period

Genie Energy Revenue by Year

Date	Revenue	Change
2024-12-31	$425.20M	-0.82%
2023-12-31	$428.71M	35.87%
2022-12-31	$315.54M	-13.25%
2021-12-31	$363.73M	-4.11%
2020-12-31	$379.31M	20.31%
2019-12-31	$315.29M	12.48%
2018-12-31	$280.31M	6.10%
2017-12-31	$264.20M	24.56%
2016-12-31	$212.11M	0.95%
2015-12-31	$210.11M	-23.61%
2014-12-31	$275.03M	-1.48%
2013-12-31	$279.17M	21.67%
2012-12-31	$229.46M	12.72%
2011-07-31	$203.56M	1.09%
2010-07-31	$201.36M	-23.93%
2009-07-31	$264.71M	-

Genie Energy generated $425.20M in revenue during NA 2024, up -0.82% compared to the previous quarter, and up 134.86% compared to the same period a year ago.

Genie Energy Revenue by Quarter

Date	Revenue	Change
2024-09-30	$111.92M	23.40%
2024-06-30	$90.70M	-24.22%
2024-03-31	$119.69M	14.07%
2023-12-31	$104.92M	-16.10%
2023-09-30	$125.05M	33.80%
2023-06-30	$93.46M	-11.22%
2023-03-31	$105.28M	29.35%
2022-12-31	$81.39M	0.13%
2022-09-30	$81.28M	8.34%
2022-06-30	$75.03M	-23.85%
2022-03-31	$98.53M	462.57%
2021-12-31	$17.51M	-84.52%
2021-09-30	$113.16M	15.82%
2021-06-30	$97.71M	-27.81%
2021-03-31	$135.34M	31.58%
2020-12-31	$102.86M	6.78%
2020-09-30	$96.33M	26.62%
2020-06-30	$76.08M	-26.89%
2020-03-31	$104.05M	26.96%
2019-12-31	$81.95M	-4.39%
2019-09-30	$85.71M	40.49%
2019-06-30	$61.01M	-29.56%
2019-03-31	$86.62M	38.00%
2018-12-31	$62.77M	-12.63%
2018-09-30	$71.84M	27.30%
2018-06-30	$56.43M	-36.78%
2018-03-31	$89.27M	22.16%
2017-12-31	$73.08M	5.19%
2017-09-30	$69.47M	33.06%
2017-06-30	$52.21M	-24.81%
2017-03-31	$69.44M	34.79%
2016-12-31	$51.52M	-9.86%
2016-09-30	$57.15M	29.96%
2016-06-30	$43.98M	-24.36%
2016-03-31	$58.14M	32.39%
2015-12-31	$43.91M	-15.93%
2015-09-30	$52.24M	32.16%
2015-06-30	$39.53M	-46.89%
2015-03-31	$74.43M	49.80%
2014-12-31	$49.69M	7.58%
2014-09-30	$46.19M	-5.38%
2014-06-30	$48.81M	-62.55%
2014-03-31	$130.35M	94.34%
2013-12-31	$67.07M	-6.38%
2013-09-30	$71.64M	29.93%
2013-06-30	$55.13M	-35.39%
2013-03-31	$85.33M	30.47%
2012-12-31	$65.40M	2.63%
2012-09-30	$63.73M	48.80%
2012-06-30	$42.83M	-25.53%
2012-03-31	$57.51M	25.57%
2011-12-31	$45.80M	-1.34%
2011-10-31	$46.42M	-
2011-07-31	$46.42M	7.04%
2010-10-31	$43.36M	-6.68%
2010-07-31	$46.47M	-

Genie Energy generated $111.92M in revenue during Q3 2024, up 23.40% compared to the previous quarter, and up 119.74% compared to the same period a year ago.

Genie Energy Revenue Breakdown

Genie Energy Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Electricity	$350.51M	$241.83M	$316.32M	$166.21M	-
Oil and Gas	$52.10M	$62.14M	$38.81M	$41.88M	-
Product and Service, Other	$22.59M	-	-	-	-
Genie Retail Energy	-	$409.88M	-	-	-
Others	-	-	$11.57M	$8.59M	$25.85M

Genie Energy's latest annual revenue breakdown by segment (product or service), as of Dec 24: Electricity (82.43%), Oil and Gas (12.25%), and Product and Service, Other (5.31%).

Quarterly Revenue by Product

Product/Service	Dec 24	Sep 24	Mar 24	Dec 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Electricity	$160.42M	$100.69M	$89.40M	$55.62M	$25.54M	$83.91M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Product and Service, Other	$8.53M	$6.17M	$7.89M	$4.38M	$1.62M	$1.26M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Oil and Gas	$24.65M	$5.05M	$22.40M	$21.39M	$-9.65M	$17.69M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Genie Retail Energy	-	-	-	$218.73M	$89.73M	$101.41M	$79.92M	$63.16M	$83.88M	$86.32M	$66.98M	$90.67M	$89.49M	$66.47M	$79.14M	$74.01M	$81.65M	-	-	-
Genie Energy Services	-	-	-	-	$3.73M	$3.86M	$1.37M	$3.78M	$2.04M	$1.34M	$2.34M	$2.49M	$1.00M	$4.57M	$17.95M	$2.10M	$1.02M	-	-	-
Gre International	-	-	-	-	-	-	-	-	$8.09M	$12.60M	$25.51M	$28.39M	$42.19M	$5.83M	$5.04M	$6.95M	$3.04M	-	-	-

Genie Energy's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Electricity (82.86%), Oil and Gas (12.73%), and Product and Service, Other (4.40%).

Genie Energy Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
UNITED STATES	$424.48M	$425.60M	$315.54M	$319.34M	$329.66M
Non-US	$721.00K	$3.11M	-	-	-
Foreign Countries	-	-	-	$7.61M	$49.65M

Genie Energy's latest annual revenue breakdown by geography, as of Dec 24: UNITED STATES (99.83%), and Non-US (0.17%).

Genie Energy Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
KEP	Korea Electric Power	$88.21T	$23.29T
ENIC	Enel Chile	$4.26T	$1.05T
EDN	Empresa Distribuidora y Comercializadora Norte Sociedad Anónima	$1.92T	$276.16B
CEPU	Central Puerto	$860.96B	$128.71B
EBR	Centrais Elétricas Brasileiras S.A. - Eletrobrás	$37.16B	$8.72B
CMS	CMS Energy	$7.51B	$1.74B
POR	Portland General Electric	$3.44B	$942.00M
HE	Hawaiian Electric Industries	$3.22B	$938.38M
IDA	IDACORP	$1.83B	$528.53M
MGEE	MGE Energy	$676.94M	$145.71M
GNE	Genie Energy	$425.20M	$111.92M
OGE	OGE Energy	-	$1.93B

GNE Revenue FAQ

What is Genie Energy’s yearly revenue?

Genie Energy's yearly revenue for 2024 was $425.2M, representing a decrease of -0.82% compared to 2023. The company's yearly revenue for 2023 was $428.71M, representing an increase of 35.87% compared to 2022. GNE's yearly revenue for 2022 was $315.54M, representing a decrease of -13.25% compared to 2021.

What is Genie Energy’s quarterly revenue?

Genie Energy's quarterly revenue for Q3 2024 was $111.92M, a 23.40% increase from the previous quarter (Q2 2024), and a -10.50% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $90.7M, a -24.22% decrease from the previous quarter (Q1 2024), and a -2.96% decrease year-over-year (Q2 2023). GNE's quarterly revenue for Q1 2024 was $119.69M, a 14.07% increase from the previous quarter (Q4 2023), and a 13.69% increase year-over-year (Q1 2023).

What is Genie Energy’s revenue growth rate?

Genie Energy's revenue growth rate for the last 3 years (2022-2024) was 34.75%, and for the last 5 years (2020-2024) was 12.10%.

What are Genie Energy’s revenue streams?

Genie Energy's revenue streams in c 24 are Electricity, Oil and Gas, and Product and Service, Other. Electricity generated $350.51M in revenue, accounting 82.43% of the company's total revenue, up 44.94% year-over-year. Oil and Gas generated $52.1M in revenue, accounting 12.25% of the company's total revenue, down -16.16% year-over-year. Product and Service, Other generated $22.59M in revenue, accounting 5.31% of the company's total revenue

What is Genie Energy’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Genie Energy was Electricity. This segment made a revenue of $350.51M, representing 82.43% of the company's total revenue.