Form 8-K

8-K — Genie Energy Ltd.

Accession: 0001437749-26-016874

Filed: 2026-05-14

Period: 2026-05-14

CIK: 0001528356

SIC: 4931 (ELECTRIC & OTHER SERVICES COMBINED)

Item: Results of Operations and Financial Condition

Item: Financial Statements and Exhibits

Documents

8-K — gne20260202_8k.htm (Primary)

EX-99.1 — EXHIBIT 99.1 (ex_914900.htm)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K — FORM 8-K

8-K (Primary)

Filename: gne20260202_8k.htm · Sequence: 1

gne20260202_8k.htm

false

0001528356

2026-05-14

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 14, 2026

GENIE ENERGY LTD.

(Exact name of registrant as specified in its charter)

Delaware

1-35327

45-2069276

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification No.)

520 Broad Street

Newark, New Jersey

07102

(Address of principal executive offices)

(Zip Code)

Registrant’s telephone number, including area code: (973) 438-3500

Not Applicable

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b)-2 of the Exchange Act:

Title of each class

Trading Symbol

Name of each exchange on which registered

Class B common stock, par value $.01 per share

GNE

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02. Results of Operations and Financial Condition.

On May 14, 2026, the Registrant distributed over a wire service and posted to the investor relations page of its website (www.genie.com), an earnings release announcing its results of operations for the quarter ended March 31, 2026. A copy of the earnings release concerning the foregoing results is furnished herewith as Exhibit 99.1 and is incorporated herein by reference.

The Registrant is furnishing the information contained in this Report, including Exhibit 99.1, pursuant to Item 2.02 of Form 8-K promulgated by the Securities and Exchange Commission (the “SEC”). This information shall not be deemed to be “filed” with the SEC or incorporated by reference into any other filing with the SEC unless otherwise expressly stated in such filing. In addition, this Report and the press release contain statements intended as “forward-looking statements” that are subject to the cautionary statements about forward-looking statements set forth in the press release.

Item 9.01 Financial Statements and Exhibits.

(d)

Exhibits.

Exhibit No.

Document

99.1

Press Release, dated May 14, 2026, reporting the results of operations for the quarter ended March 31, 2026.

104

Cover Pager Interactive Data File, formatted in Inline XBRL document.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

GENIE ENERGY LTD.

By:

/s/ Michael Stein

Name:

Michael Stein

Title:

Chief Executive Officer

Dated: May 14, 2026

EXHIBIT INDEX

Exhibit

Number

Document

99.1

Press Release, dated May 14, 2026, reporting the results of operations for the quarter ended March 31, 2026.

104

Cover Pager Interactive Data File, formatted in Inline XBRL document.

EX-99.1 — EXHIBIT 99.1

EX-99.1

Filename: ex_914900.htm · Sequence: 2

ex_914900.htm

Exhibit 99.1

Genie Energy Announces First Quarter 2026 Results

Newark, NJ – May 14, 2026: Genie Energy, Ltd. (NYSE: GNE), a leading retail energy and renewable energy solutions provider, today announced results for the first quarter of 2026.

Michael Stein, Chief Executive Officer of Genie Energy, commented:

Genie's first quarter results were mixed as investments in customer acquisition at GRE and in new business initiatives combined with weakness in retail margins to impact our bottom line despite record quarterly revenue. As a result, we are lowering full year 2026 guidance from $40 to $50 million, to $32.5 to $40 million in Adjusted EBITDA.

At GRE, challenging commodity market conditions in the first two months of the quarter compressed margins before rebounding in March. We also increased our customer acquisition spend this quarter, reflecting increases in the rate of new customer acquisition and in the cost of acquisition per customer. At GREW, we ramped up investment in several early-stage growth initiatives and further wrote down our inventory of solar panels.

Despite the tough first quarter, we expect to see significant improvement as we progress through the remainder of the year. GRE is a resilient business that, by its nature, will have episodes of margin compression like this one but also opportunities for exceptional profitability.

At GREW, all three primary areas of business are in good shape. Diversegy continues to grow its book of business and generate cash. Genie Solar is on track to be profitable for the remainder of the year and beyond. And we expect that our key earlier-stage initiatives, collectively, will gradually pivot towards profitability as they gain scale in the coming quarters.

First Quarter 2026 Highlights

(Unless otherwise noted, results are for 1Q26 and are compared to 1Q25).

●

Revenue increased 4.0% to $142.3 million - a record quarterly level for Genie - from $136.8 million;

●

Gross profit decreased 20.2% to $29.8 million from $37.4 million; Gross margin decreased to 20.9% from 27.3%;

●

Income from operations decreased to $1.9 million from $13.5 million;

●

Adjusted EBITDA1 decreased to $2.8 million from $14.4 million;

●

Net income attributable to Genie common stockholders and income per diluted share (EPS) attributable to Genie common stockholders of $2.8 million and $0.11 compared to $10.4 million and $0.40, respectively;

●

Cash and cash equivalents, short and long-term restricted cash, and marketable equity securities totaled $199.8 million at March 31, 2026;

●

Genie will pay a $0.075 per share quarterly dividend to Class A and Class B common stockholders on or about June 2nd with a record date of May 22nd.

Adjusted EBITDA for all periods presented is a non-GAAP measure intended to provide useful information that supplements the core operating results in accordance with GAAP for Genie Energy or the relevant segment. Please refer to the Reconciliation of Non-GAAP Financial Measures at the end of this release for an explanation of this non-GAAP metric, as well as reconciliations to its most directly comparable GAAP measures.

Select Financial Metrics

(in millions except for EPS)*

1Q26

1Q25

Change

Total revenue

142.3

136.8

4.0

Genie Retail Energy

134.8

132.5

1.7

Electricity

99.4

104.1

(4.5

Natural gas

35.4

28.4

24.4

Others

—

0.0

(100.0

Genie Renewables

7.5

4.3

74.2

Gross profit

29.8

37.4

(20.2

Gross margin

20.9

27.3

(640

) bps

Genie Retail Energy

21.6

27.1

(550

) bps

Genie Renewables

9.9

33.7

(2,390

) bps

Income from operations

1.9

13.5

(86.3

Operating margin

1.3

9.9

120

bps

Net income from continuing operations

2.5

10.2

(75.3

Net income attributable to Genie common stockholders

2.8

10.4

(73.4

Diluted earnings per share

0.11

0.40

(0.29

)

Adjusted EBITDA

2.8

14.4

(80.4

Cash flow (used in) from continuing operating activities

(6.5

)

13.5

(148.2

Segment Highlights

Genie Retail Energy (GRE)

GRE's 1Q26 revenue increased 1.7% to $134.8 million from $132.5 million in 1Q25 primarily reflecting volatility in energy commodity markets resulting in higher energy prices. Income from operations decreased 60.6% to $6.6 million from $16.9 million, and Adjusted EBITDA decreased 59.1% to $7.0 million from $17.1 million. The decreases primarily reflect increased commodity cost and increased customer acquisition expense compared to 1Q25.

GRE Operational Metrics

(RCEs and Meters in thousands at end of period)*

1Q26

1Q25

Change

RCEs

354

402

(11.7

Electricity

273

318

(14.3

Natural gas

(4.3

Meters

364

413

(11.8

Electricity

272

325

(16.1

Natural gas

4.0

Gross meter additions during the period

38.2

Churn**

5.8

5.5

30 bps

Numbers may not add due to rounding

Excludes the impacts of aggregation deal expirations

Genie Renewables (GREW)

GREW's 1Q26 revenue increased 74.3% to $7.6 million from $4.3 million in 1Q25, driven by sales from Genie Solar's inventory of solar panels as well as by expansion of some of the segment's new initiatives. GREW's 1Q26 loss from operations increased to $(2.4) million from $(0.9) million in 1Q25 reflecting a write down of the carrying value of the remaining solar panel inventory and increased investment in new business initiatives.

Genie Solar completed and powered up its Lansing, NY community solar project in 4Q25 and expects to complete construction and turn on its remaining pre-operational community solar project in 2Q26. Genie Solar is expected to be profitable throughout the remainder of 2026.

Balance Sheet Highlights

As of March 31, 2026, Genie reported cash and cash equivalents, short and long-term restricted cash, and marketable equity securities of $199.8 million.

Total assets as of March 31, 2026 were $376.5 million. Liabilities totaled $131.2 million, and working capital (current assets less current liabilities) totaled $188.4 million.

Trended Financial Information*

(in millions except EPS)**

1Q25

2Q25

3Q25

4Q25

1Q26

2024

2025

Total Revenue

136.8

105.3

138.3

121.6

142.3

425.2

502.0

Genie Retail Energy

132.5

99.0

132.4

114.6

134.8

403.3

478.5

Electricity

104.1

89.9

126.6

92.3

99.4

350.5

412.8

Natural gas

28.4

9.1

5.8

22.4

35.4

52.1

65.7

Others

0.0

—

0.7

0.0

Genie Renewables

4.3

6.3

6.0

7.0

7.5

21.9

23.5

Gross Profit

37.4

23.5

30.0

33.8

29.8

138.5

124.7

Genie Retail Energy

35.9

21.3

27.6

33.8

29.1

132.2

118.5

Genie Renewables

1.5

2.2

2.5

0.1

0.7

6.3

6.1

Gross Margin

27.3

22.3

21.7

27.8

20.9

32.6

24.8

Genie Retail Energy

27.1

21.5

20.8

29.5

21.6

32.8

24.8

Genie Renewables

33.7

34.5

41.3

1.0

9.9

29.0

26.1

Income from operations

13.5

2.3

7.4

4.6

1.9

44.9

27.7

Operating margin

9.9

2.2

5.3

3.8

1.3

10.6

5.5

Net income attributable to Genie common stockholders

10.4

2.3

6.4

4.8

2.8

35.5

24.0

Diluted earnings per share

0.40

0.09

0.25

0.16

0.11

1.31

0.90

Adjusted EBITDA

14.4

3.0

8.2

6.9

2.8

48.5

32.6

Genie Retail Energy International (GREI) operations have been classified as a discontinued operation and their results excluded from current and historical results

Numbers may not add due to rounding

Earnings Announcement and Annual Stockholders Meeting

At 8:30 AM Eastern this morning, Genie Energy’s management will host a conference call to discuss the Company's financial and operational results, business outlook, and strategy. The call will begin with management’s remarks, followed by Q&A with investors.

To participate in the conference call, dial 1-888-506-0062 (toll-free from the US) or 1-973-528-0011 (international) and provide the following participant access code: 359213.

Approximately three hours after the call, a call replay will be accessible by dialing 1-877-481-4010 (toll-free from the US) or 1-919-882-2331 (international) and providing the replay passcode: 53980. The replay will remain available through Thursday, May 28, 2026. In addition, a recording of the call will be available for playback through the Genie Energy website.

The date of the Genie Energy, Ltd., Annual Meeting of Stockholders has been changed from June 3, 2026 to June 10, 2026 at 2:30 p.m. at Genie's offices at 520 Broad Street, 4th Floor, Newark, New Jersey 07102.

About Genie Energy Ltd.

Genie Energy Ltd., (NYSE: GNE) is a leading retail energy and renewable energy solutions provider. The Genie Retail Energy division (GRE) supplies electricity, including electricity from renewable resources, and natural gas to residential and small business customers in the United States. The Genie Renewables division (GREW) holds Genie’s energy brokerage and advisory business, a portfolio of solar generation assets, and early stage growth initiatives. For more information, visit https://genie.com/

In this press release, all statements that are not purely about historical facts, including, but not limited to, those in which we use the words "believe," "anticipate," "expect," "plan," "intend," "estimate, "target" and similar expressions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our current judgment of what may happen in the future, actual results may differ materially from the results expressed or implied by these statements due to numerous important factors, including, but not limited to, those described in our most recent report on SEC Form 10-K (under the headings "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations"), which may be revised or supplemented in subsequent reports on SEC Forms 10-Q and 8-K. We are under no obligation, and expressly disclaim any obligation, to update the forward-looking statements in this press release, whether as a result of new information, future events or otherwise.

Contact

Bill Ulrey

Investor Relations

Genie Energy, Ltd.

wulrey@genie.com

GENIE ENERGY LTD.

CONDENSED CONSOLIDATED BALANCE SHEETS

(in thousands, except per share amounts)

March 31,

December 31,

2026

2025

(Unaudited)

Assets

Current assets:

Cash and cash equivalents

185,876

203,516

Restricted cash—short-term

8,735

7,936

Marketable equity securities

5,219

409

Trade accounts receivable, net of allowance for credit losses of $8,259 and $7,876 at March 31, 2026 and December 31, 2025, respectively

65,637

70,062

Inventory

12,140

12,370

Prepaid expenses

14,444

10,567

Other current assets

17,265

17,154

Current assets of discontinued operations

1,332

1,419

Total current assets

310,648

323,433

Property and equipment, net

27,075

28,303

Goodwill

13,173

12,978

Other intangibles, net

1,730

1,804

Deferred income tax assets, net

2,309

Other assets

21,522

20,553

Total assets

376,457

389,380

Liabilities and equity

Current liabilities:

Trade accounts payable

26,427

41,094

Accrued expenses

54,466

50,782

Income taxes payable

30,401

28,851

Current debt, net

370

2,139

Due to IDT Corporation, net

168

112

Other current liabilities

7,489

10,052

Current liabilities of discontinued operations

2,970

2,996

Total current liabilities

122,291

136,026

Noncurrent debt, net

6,468

6,529

Other liabilities

2,393

2,379

Total liabilities

131,152

144,934

Commitments and contingencies

—

Equity:

Genie Energy Ltd. stockholders’ equity:

Preferred stock, $0.01 par value; authorized shares—10,000:

Series 2012-A, designated shares—8,750; at liquidation preference, consisting of 0 shares issued and outstanding at March 31, 2026 and December 31, 2025

—

Class A common stock, $0.01 par value; authorized shares—35,000; 1,574 shares issued and outstanding at March 31, 2026 and December 31, 2025

Class B common stock, $0.01 par value; authorized shares—200,000; 29,356 and 29,339 shares issued and 24,826 and 24,847 shares outstanding at March 31, 2026 and December 31, 2025, respectively

293

Additional paid-in capital

158,533

157,763

Treasury stock, at cost, consisting of 4,530 and 4,492 shares of Class B common stock at March 31, 2026 and December 31, 2025

(48,791

)

(48,274

)

Accumulated other comprehensive income

5,032

4,921

Retained earnings

136,942

136,183

Total Genie Energy Ltd. stockholders’ equity

252,025

250,902

Noncontrolling interests:

Noncontrolling interests

(6,720

)

(6,034

)

Receivable from issuance of equity

—

(422

)

Total noncontrolling interests

(6,720

)

(6,456

)

Total equity

245,305

244,446

Total liabilities and equity

376,457

389,380

GENIE ENERGY LTD.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(Unaudited)

Three Months Ended March 31,

(in thousands, except per share data)

2026

2025

Revenues:

Electricity

99,411

104,063

Natural gas

35,352

28,409

Other

7,549

4,335

Total revenues

142,312

136,807

Cost of revenues

112,491

99,444

Gross profit

29,821

37,363

Operating expenses:

Selling, general and administrative

27,949

23,887

Income from operations

1,872

13,476

Interest income

1,651

1,981

Interest expense

(124

)

(189

)

Other income, net

710

162

Income before income taxes

4,109

15,430

Provision for income taxes

(1,585

)

(5,212

)

Net income from continuing operations

2,524

10,218

Loss from discontinued operations, net of taxes

(10

)

(104

)

Net income

2,514

10,114

Net loss attributable to noncontrolling interests, net

(264

)

(329

)

Net income attributable to Genie Energy Ltd. common stockholders

2,778

10,443

Net income (loss) attributable to Genie Energy Ltd. common stockholders

Continuing operations

2,788

10,547

Discontinued operations

(10

)

(104

)

Net income attributable to Genie Energy Ltd. common stockholders

2,778

10,443

Earnings per share attributable to Genie Energy Ltd. common stockholders:

Basic:

Continuing operations

0.11

0.40

Discontinued operations

—

Earnings per share attributable to Genie Energy Ltd. common stockholders

0.11

0.40

Diluted

Continuing operations

0.11

0.40

Discontinued operations

—

Earnings per share attributable to Genie Energy Ltd. common stockholders

0.11

0.40

Weighted-average number of shares used in calculation of earnings per share:

Basic

26,050

26,338

Diluted

26,145

26,612

Dividends declared per common share

0.075

GENIE ENERGY LTD.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited)

Three Months Ended March 31,

2026

2025

Operating activities

Net income

2,514

10,114

Net loss from discontinued operations, net of tax

(10

)

(104

)

Net income from continuing operations

2,524

10,218

Adjustments to reconcile net income to net cash provided by operating activities of continuing operations:

Stock-based compensation

720

739

Provision for credit losses

485

309

Depreciation and amortization

356

235

Unrealized gain on marketable equity securities and investments and other, net

(635

)

(171

)

Inventory valuation allowance

939

—

Changes in assets and liabilities:

Trade accounts receivable

3,940

(2,668

)

Inventory

1,125

(1,538

)

Prepaid expenses

(3,878

)

390

Other current assets and other assets

(224

)

(209

)

Trade accounts payable, accrued expenses and other liabilities

(13,467

)

981

Due to IDT Corporation, net

Income taxes payable

1,550

5,232

Net cash (used in) provided by operating activities of continuing operations

(6,510

)

13,519

Net cash (used in) provided by operating activities of discontinued operations

)

1,830

Net cash (used in) provided by operating activities

(6,515

)

15,349

Investing activities

Capital expenditures

(887

)

(1,773

)

Purchases of marketable equity securities and other investments

(5,027

)

—

Improvements in investment property

(43

)

(370

)

Proceeds from return of investments

Net cash used in investing activities

(5,946

)

(2,093

)

Financing activities

Dividends paid

(2,019

)

(2,026

)

Repurchases of Class B common stock from employees

(517

)

(462

)

Payment of debt

(1,839

)

—

Repurchases of Class B common stock

—

(1,887

)

Net cash used in financing activities

(4,375

)

(4,375

)

Effect of exchange rate changes on cash, cash equivalents, and restricted cash

(20

)

(80

)

Net (decrease) increase in cash, cash equivalents, and restricted cash

(16,856

)

8,801

Cash, cash equivalents, and restricted cash (including cash held at discontinued operations) at beginning of period

212,438

201,958

Cash, cash equivalents and restricted cash (including cash held at discontinued operations) at end of the period

195,582

210,759

Less: Cash of discontinued operations at end of period

971

933

Cash, cash equivalents, and restricted cash (excluding cash held at discontinued operations) at end of period

194,611

209,826

Reconciliation of Non-GAAP Financial Measures for the First Quarter of 2026

In addition to disclosing financial results that are determined in accordance with generally accepted accounting principles in the United States of America (GAAP), Genie Energy discloses Adjusted EBITDA for GRE and on a consolidated basis. Adjusted EBITDA is a non-GAAP financial measure.

Generally, a non-GAAP financial measure is a numerical measure of a company’s performance, financial position, or cash flows that either excludes or includes amounts that are not normally excluded or included in the most directly comparable measure calculated and presented in accordance with GAAP.

Genie’s measure of consolidated Adjusted EBITDA starts with income from operations and adds back depreciation, amortization, and stock-based compensation and deducts impairment of assets and equity in the loss of equity method investees, net.

Management believes that Genie’s measure of Adjusted EBITDA provides useful information to both management and investors by excluding certain expenses that may not be indicative of Genie’s or GRE’s core operating results. Management uses Adjusted EBITDA, among other measures, as relevant indicators of core operational strengths in its financial and operational decision-making.

Management also uses Adjusted EBITDA to evaluate operating performance in relation to Genie’s competitors. Disclosure of Adjusted EBITDA may be useful to investors in evaluating performance and allows for greater transparency to the underlying supplemental information used by management in its financial and operational decision-making. In addition, Genie Energy has historically reported Adjusted EBITDA and believes it is commonly used by readers of financial information in assessing performance. Therefore, the inclusion of comparative numbers provides consistency in financial reporting at this time.

Management refers to Adjusted EBITDA as well as the GAAP measures revenue, gross profit, and income from operations, as well as net income, on a consolidated level to facilitate internal and external comparisons to Genie's historical operating results, in making operating decisions, for budget and planning purposes, and to form the basis upon which management is compensated.

Although depreciation and amortization are considered operating costs under GAAP, they primarily represent the non-cash current period allocation of costs associated with long-lived assets acquired or constructed in prior periods. Genie’s operating results exclusive of depreciation and amortization are therefore useful indicators of its current performance.

Stock-based compensation recognized by Genie Energy and other companies may not be comparable because of the various valuation methodologies, subjective assumptions, and the variety of types of awards that are permitted under GAAP. Stock-based compensation is excluded from Genie’s calculation of Adjusted EBITDA because management believes this allows investors to make more meaningful comparisons of the operating results of Genie’s core business with the results of other companies. However, stock-based compensation will continue to be a significant expense for Genie Energy for the foreseeable future and an important part of employees’ compensation that impacts their performance.

Adjusted EBITDA should be considered in addition to, not as a substitute for, or superior to, revenue, gross profit, income from operations, cash flow from operating activities, net income, basic and diluted earnings per share or other measures of liquidity and financial performance prepared in accordance with GAAP. In addition, Genie’s measurement of Adjusted EBITDA may not be comparable to similarly titled measures reported by other companies.

Impairment of assets is a component of income (loss) from operations that is excluded from the calculation of Adjusted EBITDA. The impairment of assets is primarily dictated by events and circumstances outside the control of management that trigger an impairment analysis. While there may be similar charges in other periods, the nature and magnitude of these charges can fluctuate markedly and do not reflect the performance of Genie's continuing operations.

Following are the reconciliations of Adjusted EBITDA on a consolidated basis and for GRE to its most directly comparable GAAP measure, income from operations.

Non-GAAP Reconciliation - Consolidated Adjusted EBITDA

(in millions)

1Q25

2Q25

3Q25

4Q25

1Q26

2024

2025

Income from operations

13.5

2.3

7.4

4.6

1.9

44.9

27.7

Add back

Depreciation and amortization

0.2

0.3

0.4

0.9

1.0

Non-cash compensation

0.7

0.6

0.7

2.3

2.5

Impairment

0.0

1.6

0.0

0.2

1.6

Equity in net loss (income) of equity method investees

(0.0

)

(0.1

)

(0.0

)

(0.1

)

(0.1

)

0.1

(0.3

)

Adjusted EBITDA

14.4

3.0

8.2

6.9

2.8

48.5

32.6

Non-GAAP Reconciliation - GRE Adjusted EBITDA

(in millions)

1Q26

1Q25

Income from operations

6.6

16.8

Add back

Depreciation and amortization

0.1

Stock-based compensation

0.3

Equity in the income of equity method investees

—

(0.1

)

Adjusted EBITDA

7.0

17.1

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Document And Entity Information

May 14, 2026

Document Information [Line Items]

Entity, Registrant Name

GENIE ENERGY LTD.

Document, Type

8-K

Document, Period End Date

May 14, 2026

Entity, Incorporation, State or Country Code

Entity, File Number

1-35327

Entity, Tax Identification Number

45-2069276

Entity, Address, Address Line One

520 Broad Street

Entity, Address, City or Town

Newark

Entity, Address, State or Province

Entity, Address, Postal Zip Code

07102

City Area Code

973

Local Phone Number

438-3500

Written Communications

false

Soliciting Material

false

Pre-commencement Tender Offer

false

Pre-commencement Issuer Tender Offer

false

Title of 12(b) Security

Class B common stock, par value $.01 per share

Trading Symbol

GNE

Security Exchange Name

NYSE

Entity, Emerging Growth Company

false

Amendment Flag

false

Entity, Central Index Key

0001528356

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Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.

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Area code of city

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Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

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The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

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Address Line 1 such as Attn, Building Name, Street Name

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Name of the City or Town

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Code for the postal or zip code

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Name of the state or province.

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A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

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-Section 12

-Subsection b-2

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Indicate if registrant meets the emerging growth company criteria.

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Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

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Two-character EDGAR code representing the state or country of incorporation.

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The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

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The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

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Local phone number for entity.

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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

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Name of the Exchange on which a security is registered.

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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

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Trading symbol of an instrument as listed on an exchange.

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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

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