Genie Energy Reports 31% EPS Drop in FY25 Amid Rising Costs, Customer Churn
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Genie Energy Ltd. reported full-year 2025 results showing an 18.1% increase in revenue to $501.97 million, but a significant 31.3% decline in diluted EPS to $0.9 and a 32.4% drop in net income. This profitability contraction was primarily driven by an 8 percentage point decrease in gross margin, as wholesale energy costs outpaced customer rates. The company also experienced weakening customer metrics, including an 18% year-over-year fall in meter count and increased churn, alongside impairment charges related to solar assets. This indicates material operational challenges impacting the company's bottom line despite top-line growth. Traders will closely watch for improvements in margin management and customer retention in future reports.
At the time of this announcement, GNE was trading at $14.41 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $381.7M. The 52-week trading range was $13.19 to $28.47. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: Wiseek News.