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
DateValue
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