Genie Energy (GNE) Revenue & Revenue Breakdown
Genie Energy Revenue Highlights
Latest Revenue (Y)
$428.71M
Latest Revenue (Q)
$90.70M
Main Segment (Y)
Genie Retail Energy
Main Geography (Y)
UNITED STATES
Genie Energy Revenue by Period
Genie Energy Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 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 $428.71M in revenue during NA 2023, up 35.87% compared to the previous quarter, and up 152.94% compared to the same period a year ago.
Genie Energy Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 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 $90.70M in revenue during Q2 2024, up -24.22% compared to the previous quarter, and up 86.15% 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 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Genie Retail Energy | $409.88M | - | - | - | - |
| Oil and Gas | - | $62.14M | $38.81M | $41.88M | $35.92M |
| Others | - | $11.57M | $8.59M | $25.85M | $12.27M |
| Electricity | - | $241.83M | $316.32M | $166.21M | $154.57M |
Genie Energy's latest annual revenue breakdown by segment (product or service), as of Dec 23: Genie Retail Energy (100.00%).
Quarterly Revenue by Product
| Product/Service | 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 | Jun 19 | Mar 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Oil and Gas | $22.40M | $21.39M | $-9.65M | $17.69M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Product and Service, Other | $7.89M | $4.38M | $1.62M | $1.26M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Electricity | $89.40M | $55.62M | $25.54M | $83.91M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| 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 | $54.43M | $76.52M | - | - | - |
| 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 | $3.71M | $5.26M | - | - | - |
| Gre International | - | - | - | - | - | - | $8.09M | $12.60M | $25.51M | $28.39M | $42.19M | $5.83M | $5.04M | $6.95M | $3.04M | $2.87M | $4.84M | - | - | - |
Genie Energy's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Electricity (74.69%), Oil and Gas (18.71%), and Product and Service, Other (6.60%).
Genie Energy Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| UNITED STATES | $425.60M | $315.54M | $319.34M | $329.66M | $16.59M |
| Non-US | $3.11M | - | - | - | - |
| Foreign Countries | - | - | $7.61M | $49.65M | - |
Genie Energy's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (99.27%), and Non-US (0.73%).
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 | $7.46B | $1.61B |
| HE | Hawaiian Electric Industries | $3.68B | $897.36M |
| POR | Portland General Electric | $2.92B | $758.00M |
| OGE | OGE Energy | $2.67B | $596.80M |
| PNM | PNM Resources | $1.94B | $488.10M |
| IDA | IDACORP | $1.77B | $451.04M |
| MGEE | MGE Energy | $690.43M | $191.34M |
| GNE | Genie Energy | $428.71M | $90.70M |
GNE Revenue FAQ
What is Genie Energy’s yearly revenue?
Genie Energy's yearly revenue for 2023 was $428.71M, representing an increase of 35.87% compared to 2022. The company's yearly revenue for 2022 was $315.54M, representing a decrease of -13.25% compared to 2021. GNE's yearly revenue for 2021 was $363.72M, representing a decrease of -4.11% compared to 2020.
What is Genie Energy’s quarterly revenue?
Genie Energy'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). The company'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). GNE's quarterly revenue for Q4 2023 was $104.92M, a -16.10% decrease from the previous quarter (Q3 2023), and a 28.91% increase year-over-year (Q4 2022).
What is Genie Energy’s revenue growth rate?
Genie Energy's revenue growth rate for the last 3 years (2021-2023) was 17.87%, and for the last 5 years (2019-2023) was 35.97%.
What are Genie Energy’s revenue streams?
Genie Energy's revenue streams in c 23 are Genie Retail Energy
What is Genie Energy’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Genie Energy was Genie Retail Energy. This segment made a revenue of $409.88M, representing 100.00% of the company's total revenue.