v3.26.1
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
REVENUES:      
Revenues $ 501,971 $ 425,202 $ 428,708
Cost of revenues 377,286 286,719 282,502
GROSS PROFIT 124,685 138,483 146,206
OPERATING EXPENSES AND LOSSES:      
Selling, general and administrative 95,326 93,396 91,109
Asset, Impairment Loss 1,642 185 0
Income from operations 27,717 44,902 55,097
Interest income 7,715 7,072 5,076
Interest expense (670) (464) (99)
Gain on investments and others, net 1,379 1,971 3,122
Income before income taxes 36,141 53,481 63,196
Provision for income taxes (8,262) (15,358) (16,622)
NET INCOME FROM CONTINUING OPERATIONS 27,879 38,123 46,574
(Loss) income from discontinued operations, net of tax (4,164) (2,907) 6,409
Net income (loss) 23,715 35,216 52,983
Net loss (income) attributable to noncontrolling interests, net 291 293 (740)
NET INCOME ATTRIBUTABLE TO GENIE ENERGY LTD. 24,006 35,509 52,243
Dividends on preferred stock 0 0 (333)
NET INCOME ATTRIBUTABLE TO GENIE ENERGY LTD. COMMON STOCKHOLDERS 24,006 35,509 51,910
Amounts attributable to Genie Energy Ltd. common stockholders      
Income from continuing operations 28,170 38,416 45,501
(Loss) income from discontinued operations (4,164) (2,907) 6,409
Net income attributable to Genie Energy Ltd. common stockholders $ 24,006 $ 35,509 $ 51,910
Basic      
Income from continuing operations (in dollars per share) $ 1.07 $ 1.44 $ 1.78
(Loss) income from discontinued operations (in dollars per share) (0.16) (0.11) 0.25
Net income attributable to Genie Energy Ltd. common stockholders (in dollars per share) 0.91 1.33 2.03
Diluted      
Income from continuing operations (in dollars per share) 1.06 1.42 1.74
(Loss) income from discontinued operations (in dollars per share) (0.16) (0.11) 0.25
Net income attributable to Genie Energy Ltd. common stockholders (in dollars per share) $ 0.9 $ 1.31 $ 1.99
Weighted-average number of shares used in the calculation of earnings per share      
Basic (in shares) 26,277 26,763 25,553
Diluted (in shares) 26,535 27,163 26,062
Dividends on common stock declared (in dollars per share) $ 0.3 $ 0.3 $ 0.3
Electricity [Member]      
REVENUES:      
Revenues $ 412,782 $ 350,514 $ 350,779
Oil and Gas [Member]      
REVENUES:      
Revenues 65,667 52,101 55,988
Product and Service, Other [Member]      
REVENUES:      
Revenues $ 23,522 $ 22,587 $ 21,941