Genie Energy (GNE) Tax Rate (2010 - 2026)

Genie Energy (GNE) recorded quarterly Tax Rate of 38.57% in Q1 2026, down 79.38% quarter-over-quarter from 187.1% in Q4 2025, and up 480.0% on a YoY basis from 6.65% in Q1 2025.

Genie Energy (GNE) Tax Rate (2010 - 2026) Analysis & Trends

Genie Energy's Tax Rate history runs 17 years deep, the most recent figure standing at 38.57% for Q1 2026.

  • In Q1 2026, Tax Rate rose 480.0% year-over-year to 38.57%; the TTM figure through Mar 2026 stood at 60.11% (up 2179.0% YoY), while the FY2025 annual figure was 13.69%, up 339349.0% from the prior year.
  • Tax Rate was 38.57% for Q1 2026 at Genie Energy, down from 187.1% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 187.1% in Q4 2025 to a low of 585.52% in Q4 2024.
  • Historically, Tax Rate has averaged 35.89% across 5 years, with a median of 26.41% in 2023.
  • The sharpest annual moves came in 2024 and 2025: Tax Rate plunged 61557 bps in 2024, then soared 77262 bps in 2025.
  • A 5-year view of Tax Rate shows it stood at 29.21% in 2022, then climbed by 3 bps to 30.04% in 2023, then slumped by 2049 bps to 585.52% in 2024, then soared by 132 bps to 187.1% in 2025, then slumped by 79 bps to 38.57% in 2026.
  • The last three Tax Rate figures came in at 38.57% (Q1 2026), 187.1% (Q4 2025), and 8.32% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Fortis 664.76 Bn 664.50 Bn 1.70 Bn 16.62
2 Dominion Energy 60.27 Bn 64.46 Bn 4.03 Bn 5.15
3 Xcel Energy 48.32 Bn 46.42 Bn 3.35 Bn -9.23
4 Wec Energy 36.56 Bn 36.93 Bn 2.83 Bn 6.18
5 Ameren 30.01 Bn 30.12 Bn 1.69 Bn 14.35
6 Korea Electric Power 28.97 Bn 14.20 Bn 11.57 Bn -
7 Edison International 27.64 Bn 27.48 Bn 3.85 Bn 26.18
8 Firstenergy 26.85 Bn 28.22 Bn 2.74 Bn 22.85
9 Cms Energy 22.51 Bn 22.92 Bn 2.28 Bn 23.48
10 Genie Energy 361.57 Mn 163.76 Mn 29.82 Mn 38.57

Historic Data

Download Data
DateValue
Mar 31, 2026 38.57%
Mar 31, 2026 38.57%
Dec 31, 2025 187.10%
Dec 31, 2025 187.10%
Sep 30, 2025 -8.32%
Sep 30, 2025 -8.32%
Jun 30, 2025 -407.17%
Jun 30, 2025 -407.17%
Mar 31, 2025 33.78%
Mar 31, 2025 33.78%
Dec 31, 2024 -585.52%
Dec 31, 2024 -585.52%
Sep 30, 2024 -25.87%
Sep 30, 2024 -25.87%
Jun 30, 2024 -29.71%
Jun 30, 2024 -29.71%
Mar 31, 2024 -31.65%
Mar 31, 2024 -31.65%
Dec 31, 2023 30.04%
Dec 31, 2023 30.04%