• Genie Energy posted net income attributable to shareholders of $2.78 million for the quarter ended March 31, 2026, swinging from $10.44 million a year earlier.
• Operating income fell 86.1% to $1.87 million, while revenue rose 1.7% to $142.31 million.
• Genie Retail Energy operating income dropped 60.6% to $6.64 million on a 5.6 percentage-point decline in gross margin to 21.6%.
• Genie Renewables operating loss widened to $2.4 million as revenue climbed 74.3% to $7.55 million, including a $0.9 million inventory write-down in cost of revenue.
• Cash, cash equivalents and restricted cash totaled $194.6 million, while cash used in operating activities was $6.51 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Genie Energy Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-017292), on May 15, 2026, and is solely responsible for the information contained therein.