Genie Energy (GNE) Tax Provisions (2010 - 2026)
Genie Energy (GNE) posted quarterly Tax Provisions of $1.6 million for Q1 2026, down 69.59% year-over-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.
- In Q1 2026, Tax Provisions fell 69.59% year-over-year to $1.6 million; the TTM figure through Mar 2026 stood at $15.0 million (down 37.72% YoY), while the FY2025 annual figure was $4.9 million, down 70.12% from the prior year.
- Tax Provisions for Q1 2026 stood at $1.6 million, down from $15.3 million in the prior quarter.
- The five-year high for Tax Provisions was $26.9 million in Q4 2024, with the low 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.
- Peak annual rise in Tax Provisions reached 8296.88% in 2024, while the deepest fall reached 191.63% in 2024.
- Genie Energy's Tax Provisions stood at $4.2 million in 2022, then tumbled by 92.46% to $320000.0 in 2023, then jumped by 8296.88% to $26.9 million in 2024, then tumbled by 43.22% to $15.3 million in 2025, then sank by 89.61% to $1.6 million in 2026.
- Business Quant data shows GNE's Tax Provisions at $1.6 million in Q1 2026, $15.3 million in Q4 2025, and -$804000.0 in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 78.91 Bn | 75.10 Bn | - | - |
| 2 | Dominion Energy | 58.65 Bn | 57.86 Bn | 3.50 Bn | 122.00 Mn |
| 3 | Xcel Energy | 47.76 Bn | 45.75 Bn | 3.12 Bn | -60.00 Mn |
| 4 | Wec Energy | 34.66 Bn | 34.61 Bn | 1.45 Bn | 27.00 Mn |
| 5 | Ameren | 29.39 Bn | 29.38 Bn | - | 52.00 Mn |
| 6 | Fortis | 28.02 Bn | 28.02 Bn | 1.60 Bn | 54.94 Mn |
| 7 | Edison International | 27.49 Bn | 27.25 Bn | 3.29 Bn | 114.00 Mn |
| 8 | Firstenergy | 26.59 Bn | 26.40 Bn | 2.51 Bn | 92.00 Mn |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | 49.88 Mn |
| 10 | Genie Energy | 391.43 Mn | 196.44 Mn | 33.67 Mn | 239,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 239,000.00 |
| 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 |