Genie Energy (GNE) Tax Provisions (2010 - 2026)
Genie Energy's (GNE) quarterly Tax Provisions came in at $1.6 million in Q1 2026, down 69.59% year-on-year from $5.2 million in Q1 2025, and down 89.61% quarter-over-quarter from $15.3 million in Q4 2025.
Genie Energy (GNE) Tax Provisions (2010 - 2026) Analysis & Trends
Genie Energy's Tax Provisions history runs 17 years deep, the most recent figure standing at $1.6 million for Q1 2026.
- On a quarterly basis, Tax Provisions fell 69.59% year-over-year to $1.6 million in Q1 2026; TTM through Mar 2026 was $15.0 million, a 37.72% decrease from a year earlier, with the FY2025 full-year figure at $4.9 million, down 70.12% from the prior year.
- Tax Provisions fell to $1.6 million in Q1 2026 per GNE's latest filing, from $15.3 million in the prior quarter.
- Across five years, Tax Provisions topped out at $26.9 million in Q4 2024 and bottomed at -$4.6 million in Q3 2024.
- The 5-year median for Tax Provisions is $3.9 million (2023), against an average of $4.1 million.
- Biggest YoY gain for Tax Provisions was 8296.88% in 2024; the steepest drop was 191.63% in 2024.
- Year by year, Tax Provisions stood at $4.2 million in 2022, then slumped by 92.46% to $320000.0 in 2023, then surged by 8296.88% to $26.9 million in 2024, then slumped by 43.22% to $15.3 million in 2025, then plunged by 89.61% to $1.6 million in 2026.
- Per Business Quant, the three latest GNE Tax Provisions figures stand at $1.6 million (Q1 2026), $15.3 million (Q4 2025), and -$804000.0 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 462,782.01 Bn | 462,783.29 Bn | 1.70 Bn | 81.67 Mn |
| 2 | Dominion Energy | 62.80 Bn | 67.01 Bn | - | 175.00 Mn |
| 3 | Xcel Energy | 50.41 Bn | 48.65 Bn | 4.02 Bn | -47.00 Mn |
| 4 | Wec Energy | 37.36 Bn | 37.32 Bn | 2.04 Bn | 53.10 Mn |
| 5 | Energy Co Of Parana | 34.84 Bn | 34.18 Bn | - | - |
| 6 | Ameren | 31.32 Bn | 31.43 Bn | - | 60.00 Mn |
| 7 | Edison International | 30.65 Bn | 30.49 Bn | - | 682.00 Mn |
| 8 | Firstenergy | 28.61 Bn | 29.98 Bn | 2.74 Bn | 138.00 Mn |
| 9 | Hydro One | 25.14 Bn | 25.13 Bn | - | 29.90 Mn |
| 10 | Genie Energy | 379.29 Mn | 181.47 Mn | 29.82 Mn | 1.59 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.59 Mn |
| Dec 31, 2025 | 15.26 Mn |
| Sep 30, 2025 | -804,000.00 |
| Jun 30, 2025 | -1.08 Mn |
| Mar 31, 2025 | 5.21 Mn |
| Dec 31, 2024 | 26.87 Mn |
| Sep 30, 2024 | -4.60 Mn |
| Jun 30, 2024 | -3.47 Mn |
| Mar 31, 2024 | -2.92 Mn |
| Dec 31, 2023 | 320,000.00 |
| Sep 30, 2023 | 5.02 Mn |
| Jun 30, 2023 | 3.87 Mn |
| Mar 31, 2023 | 4.07 Mn |
| Dec 31, 2022 | 4.25 Mn |
| Sep 30, 2022 | 6.48 Mn |
| Jun 30, 2022 | 3.20 Mn |
| Mar 31, 2022 | 7.11 Mn |
| Dec 31, 2021 | -5.25 Mn |
| Sep 30, 2021 | 3.50 Mn |
| Jun 30, 2021 | 3.14 Mn |