Genie Energy (GNE) Q2 Revenue Up 16%
Genie Energy (NYSE:GNE), a diversified provider of retail energy and renewable energy solutions, released results for the second quarter of fiscal 2025 on August 7, 2025. The main headline from the report was strong revenue expansion, with a 16.0% year-over-year increase in GAAP revenue. This came alongside a contraction in profitability as higher commodity prices and unseasonably hot weather squeezed margins in its core retail division. The company’s Non-GAAP earnings per share were $0.11, while GAAP revenue reached $105.3 million, with no published analyst estimates available for comparison. Overall, there was impressive topline growth, but significant declines across profit metrics and cash flow.
Genie Energy operates in two main areas: its retail energy arm, Genie Retail Energy (GRE), which supplies electricity and natural gas to homes and small businesses, and Genie Renewables (GREW), which develops solar energy projects and provides energy advisory services. The retail energy business is the largest segment, traditionally representing the majority of total revenue.
Its growth strategy involves acquiring new customers in deregulated energy markets and expanding its solar project pipeline. Key factors for success include its ability to retain customers amid high churn, manage commodity price risks, and adapt to changing regulatory environments -- especially those affecting renewables. In recent years, Genie has also worked to build its presence in renewables through both new project development and acquisitions.
Source Fool.com
