Genie Energy (GNE) Tax Provisions (2010 - 2026)
Genie Energy's 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 87.69% quarter-over-quarter from $12.9 million in Q4 2025.
Genie Energy has reported Tax Provisions for 17 years, with the latest figure at $1.6 million in Q1 2026.
- For the quarter ending Q1 2026, Tax Provisions fell 69.59% year-over-year to $1.6 million; the trailing twelve-month figure through Mar 2026 stood at $12.6 million (down 20.04% YoY), and the FY2025 full-year result was $4.9 million, down 70.12% from the prior year.
- Tax Provisions for Q1 2026 stood at $1.6 million, down from $12.9 million in the prior quarter.
- The five-year high for Tax Provisions was $18.5 million in Q4 2024, with the low at -$4.0 million in Q2 2024.
- Average Tax Provisions over 5 years is $3.7 million, with a median of $3.9 million recorded in 2023.
- Year-over-year, Tax Provisions soared 1229.35% in 2022 and slumped 204.58% in 2024.
- Tracing GNE's Tax Provisions over 5 years: stood at $4.8 million in 2022, then retreated by 24.2% to $3.7 million in 2023, then soared by 403.54% to $18.5 million in 2024, then slumped by 30.34% to $12.9 million in 2025, then tumbled by 87.69% to $1.6 million in 2026.
- The last three Tax Provisions figures came in at $1.6 million (Q1 2026), $12.9 million (Q4 2025), and -$804000.0 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 645.09 Bn | 644.83 Bn | 1.70 Bn | 81.67 Mn |
| 2 | Enel Chile | 264.22 Bn | 263.80 Bn | 1.12 Bn | - |
| 3 | Dominion Energy | 56.77 Bn | 60.97 Bn | 4.03 Bn | 48.00 Mn |
| 4 | Xcel Energy | 47.77 Bn | 45.88 Bn | 3.35 Bn | -47.00 Mn |
| 5 | Wec Energy | 35.40 Bn | 35.76 Bn | 2.83 Bn | 53.10 Mn |
| 6 | Ameren | 29.12 Bn | 29.24 Bn | 1.69 Bn | 60.00 Mn |
| 7 | Korea Electric Power | 28.73 Bn | 13.96 Bn | - | - |
| 8 | Energy Co Of Parana | 27.30 Bn | 26.65 Bn | - | - |
| 9 | Edison International | 26.69 Bn | 26.53 Bn | 3.85 Bn | 682.00 Mn |
| 10 | Genie Energy | 360.53 Mn | 162.72 Mn | 29.82 Mn | 1.59 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.59 Mn |
| Dec 31, 2025 | 18.57 Mn |
| Sep 30, 2025 | -804,000.00 |
| Jun 30, 2025 | -743,000.00 |
| Mar 31, 2025 | -5.21 Mn |
| Dec 31, 2024 | 18.49 Mn |
| Sep 30, 2024 | -3.92 Mn |
| Jun 30, 2024 | -577,000.00 |
| Mar 31, 2024 | -2.92 Mn |
| Dec 31, 2023 | 2.29 Mn |
| 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 | -596,000.00 |
| Sep 30, 2021 | 3.50 Mn |
| Jun 30, 2021 | 3.14 Mn |
| Mar 31, 2021 | 535,000.00 |
| Dec 31, 2020 | -4.46 Mn |
| Sep 30, 2020 | 2.41 Mn |
| Jun 30, 2020 | 587,000.00 |
| Mar 31, 2020 | 2.57 Mn |
| Dec 31, 2019 | 1.46 Mn |
| Sep 30, 2019 | 1.92 Mn |
| Jun 30, 2019 | -1.68 Mn |
| Mar 31, 2019 | 2.90 Mn |
| Dec 31, 2018 | -14.11 Mn |
| Sep 30, 2018 | 675,000.00 |
| Jun 30, 2018 | 258,000.00 |
| Mar 31, 2018 | 799,000.00 |
| Dec 31, 2017 | 1.27 Mn |
| Sep 30, 2017 | 421,000.00 |
| Jun 30, 2017 | -823,000.00 |
| Mar 31, 2017 | 856,000.00 |
| Dec 31, 2016 | 53,000.00 |
| Sep 30, 2016 | 475,000.00 |
| Jun 30, 2016 | 594,000.00 |
| Mar 31, 2016 | 1.10 Mn |
| Dec 31, 2015 | -114,000.00 |
| Sep 30, 2015 | 752,000.00 |
| Jun 30, 2015 | -204,000.00 |
| Mar 31, 2015 | 91,000.00 |
| Dec 31, 2014 | -325,000.00 |
| Sep 30, 2014 | 467,000.00 |
| Jun 30, 2014 | 134,000.00 |
| Mar 31, 2014 | -181,000.00 |
| Dec 31, 2013 | 38,000.00 |
| Sep 30, 2013 | 1.08 Mn |
| Jun 30, 2013 | -81,000.00 |
| Mar 31, 2013 | 1.72 Mn |
| Dec 31, 2012 | 97,000.00 |
| Sep 30, 2012 | 3.97 Mn |
| Jun 30, 2012 | -1.93 Mn |
| Mar 31, 2012 | 791,000.00 |
| Dec 31, 2011 | 616,000.00 |
| Sep 30, 2011 | 464,000.00 |
| Jul 31, 2011 | 2.95 Mn |
| Mar 31, 2011 | 3.79 Mn |
| Oct 31, 2010 | 2.91 Mn |