Genie Energy Announces First Quarter 2025 Results
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 05 2025
0mins
Source: Globenewswire
Financial Performance: Genie Energy reported a 14.3% increase in revenue to $136.8 million and a 30.9% rise in net income attributable to common stockholders, reaching $10.6 million for Q1 2025 compared to the same quarter last year.
Operational Highlights: The company expanded its customer base significantly, adding over 48,000 new meters, and is progressing on utility-scale projects, including a community solar project expected to be operational by Q3 2025.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
