Genie Energy (GNE) Gross Margin (2010 - 2026)
Genie Energy's (GNE) quarterly Gross Margin came in at 20.95% in Q1 2026, down 636.0% year-on-year from 3.91% in Q1 2025, and down 24.84% quarter-over-quarter from 27.88% in Q4 2025.
Genie Energy (GNE) Gross Margin (2010 - 2026) Analysis & Trends
Genie Energy's Gross Margin history runs 17 years deep, the most recent figure standing at 20.95% for Q1 2026.
- On a quarterly basis, Gross Margin fell 636.0% year-over-year to 20.95% in Q1 2026; TTM through Mar 2026 was 23.08%, a 903.0% decrease from a year earlier, with the FY2025 full-year figure at 24.84%, down 773.0% from the prior year.
- Gross Margin slipped to 20.95% in Q1 2026 per GNE's latest filing, from 27.88% in the prior quarter.
- Across five years, Gross Margin topped out at 54.82% in Q1 2022 and bottomed at 20.95% in Q1 2026.
- The 5-year median for Gross Margin is 32.51% (2024), against an average of 34.35%.
- Across the five-year window, Gross Margin jumped 4305 bps in 2022 and slumped 2320 bps in 2023, its largest moves.
- Year by year, Gross Margin stood at 42.65% in 2022, then decreased by 25 bps to 32.05% in 2023, then increased by 1 bps to 32.51% in 2024, then declined by 14 bps to 27.88% in 2025, then decreased by 25 bps to 20.95% in 2026.
- Per Business Quant, the three latest GNE Gross Margin figures stand at 20.95% (Q1 2026), 27.88% (Q4 2025), and 21.7% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 462,347.51 Bn | 462,347.25 Bn | 1.70 Bn | 68.53% |
| 2 | Dominion Energy | 62.29 Bn | 61.94 Bn | - | - |
| 3 | Xcel Energy | 50.80 Bn | 49.04 Bn | 4.02 Bn | 99.93% |
| 4 | Wec Energy | 37.43 Bn | 37.39 Bn | 2.04 Bn | 59.50% |
| 5 | Energy Co Of Parana | 34.13 Bn | 33.47 Bn | - | - |
| 6 | Ameren | 31.25 Bn | 31.24 Bn | - | - |
| 7 | Edison International | 30.44 Bn | 30.28 Bn | - | - |
| 8 | Firstenergy | 28.70 Bn | 28.62 Bn | 2.74 Bn | 65.25% |
| 9 | Hydro One | 25.14 Bn | 25.13 Bn | - | - |
| 10 | Genie Energy | 376.42 Mn | 185.33 Mn | 29.82 Mn | 20.95% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 20.95% |
| Dec 31, 2025 | 27.88% |
| Sep 30, 2025 | 21.70% |
| Jun 30, 2025 | 22.25% |
| Mar 31, 2025 | 27.31% |
| Dec 31, 2024 | 32.51% |
| Sep 30, 2024 | 33.87% |
| Jun 30, 2024 | 36.76% |
| Mar 31, 2024 | 28.23% |
| Dec 31, 2023 | 32.05% |
| Sep 30, 2023 | 32.85% |
| Jun 30, 2023 | 40.88% |
| Mar 31, 2023 | 31.62% |
| Dec 31, 2022 | 42.65% |
| Sep 30, 2022 | 53.08% |
| Jun 30, 2022 | 44.55% |
| Mar 31, 2022 | 54.82% |
| Dec 31, 2021 | 34.29% |
| Sep 30, 2021 | 39.48% |
| Jun 30, 2021 | 27.77% |