​

Genie Energy (GNE) Revenue & Revenue Breakdown

OverviewOwnershipFinancialsChartTranscripts

Genie Energy Revenue Highlights

Latest Revenue (Y)

$428.71M

Latest Revenue (Q)

$111.92M

Main Segment (Y)

Genie Retail Energy

Main Geography (Y)

UNITED STATES

Genie Energy Revenue by Period

Genie Energy Revenue by Year

DateRevenueChange
2023-12-31$428.71M35.87%
2022-12-31$315.54M-13.25%
2021-12-31$363.73M-4.11%
2020-12-31$379.31M20.31%
2019-12-31$315.29M12.48%
2018-12-31$280.31M6.10%
2017-12-31$264.20M24.56%
2016-12-31$212.11M0.95%
2015-12-31$210.11M-23.61%
2014-12-31$275.03M-1.48%
2013-12-31$279.17M21.67%
2012-12-31$229.46M12.72%
2011-07-31$203.56M1.09%
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

DateRevenueChange
2024-09-30$111.92M23.40%
2024-06-30$90.70M-24.22%
2024-03-31$119.69M14.07%
2023-12-31$104.92M-16.10%
2023-09-30$125.05M33.80%
2023-06-30$93.46M-11.22%
2023-03-31$105.28M29.35%
2022-12-31$81.39M0.13%
2022-09-30$81.28M8.34%
2022-06-30$75.03M-23.85%
2022-03-31$98.53M462.57%
2021-12-31$17.51M-84.52%
2021-09-30$113.16M15.82%
2021-06-30$97.71M-27.81%
2021-03-31$135.34M31.58%
2020-12-31$102.86M6.78%
2020-09-30$96.33M26.62%
2020-06-30$76.08M-26.89%
2020-03-31$104.05M26.96%
2019-12-31$81.95M-4.39%
2019-09-30$85.71M40.49%
2019-06-30$61.01M-29.56%
2019-03-31$86.62M38.00%
2018-12-31$62.77M-12.63%
2018-09-30$71.84M27.30%
2018-06-30$56.43M-36.78%
2018-03-31$89.27M22.16%
2017-12-31$73.08M5.19%
2017-09-30$69.47M33.06%
2017-06-30$52.21M-24.81%
2017-03-31$69.44M34.79%
2016-12-31$51.52M-9.86%
2016-09-30$57.15M29.96%
2016-06-30$43.98M-24.36%
2016-03-31$58.14M32.39%
2015-12-31$43.91M-15.93%
2015-09-30$52.24M32.16%
2015-06-30$39.53M-46.89%
2015-03-31$74.43M49.80%
2014-12-31$49.69M7.58%
2014-09-30$46.19M-5.38%
2014-06-30$48.81M-62.55%
2014-03-31$130.35M94.34%
2013-12-31$67.07M-6.38%
2013-09-30$71.64M29.93%
2013-06-30$55.13M-35.39%
2013-03-31$85.33M30.47%
2012-12-31$65.40M2.63%
2012-09-30$63.73M48.80%
2012-06-30$42.83M-25.53%
2012-03-31$57.51M25.57%
2011-12-31$45.80M-1.34%
2011-10-31$46.42M-
2011-07-31$46.42M7.04%
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/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Genie Retail Energy$409.88M----
Electricity-$241.83M$316.32M$166.21M$154.57M
Others-$11.57M$8.59M$25.85M$12.27M
Oil and Gas-$62.14M$38.81M$41.88M$35.92M

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/ServiceSep 24Mar 24Dec 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
Electricity$100.69M$89.40M$55.62M$25.54M$83.91M---------------
Oil and Gas$5.05M$22.40M$21.39M$-9.65M$17.69M---------------
Product and Service, Other$6.17M$7.89M$4.38M$1.62M$1.26M---------------
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---
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---
Gre International-------$8.09M$12.60M$25.51M$28.39M$42.19M$5.83M$5.04M$6.95M$3.04M$2.87M---

Genie Energy's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Electricity (89.97%), Product and Service, Other (5.51%), and Oil and Gas (4.52%).

Genie Energy Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 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

TickerCompanyLast Year RevenueLast Quarter Revenue
KEPKorea Electric Power$88.21T$23.29T
ENICEnel Chile$4.26T$1.05T
EDNEmpresa Distribuidora y Comercializadora Norte Sociedad Anónima$1.92T$276.16B
CEPUCentral Puerto$860.96B$128.71B
EBRCentrais Elétricas Brasileiras S.A. - Eletrobrás$37.16B$8.72B
CMSCMS Energy$7.46B$1.74B
HEHawaiian Electric Industries$3.68B$938.38M
PORPortland General Electric Company$2.92B$942.00M
OGEOGE Energy$2.67B$1.93B
IDAIDACORP$1.77B$528.53M
MGEEMGE Energy$690.43M$145.71M
GNEGenie Energy$428.71M$111.92M

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 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 (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.