Sells electricity and natural gas to residential and small business customers.
Jun 2026Revenue $502M/yrExpenses $482M/yr
Reached break-even Oct 2024
Figures by year
When did Genie Energy become profitable?
Its revenue passed its expenses in Oct 2024. In the 12 months to Jun 2026, revenue was $502M and expenses $482M.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2025 | $502M | $474M | $27.7M |
| Dec 2024 | $425M | $380M | $44.9M |
| Dec 2023 | $429M | $374M | $55.1M |
| Dec 2022 | $316M | $238M | $77.8M |
| Dec 2021 | $323M | $299M | $24.1M |
| Dec 2020 | $357M | $335M | $21.9M |
| Dec 2019 | $315M | $305M | $9.82M |
| Dec 2018 | $280M | $268M | $12.0M |
| Dec 2017 | $264M | $270M | −$5.97M |
| Dec 2016 | $212M | $243M | −$30.5M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.