Genie Energy (GNE) Cash Flow: Operating & Free Cash Flow

Genie Energy (GNE) Cash Flow Statement

In fiscal 2025 (fiscal year ended Dec 31, 2025), Genie Energy generated $46.34M of operating cash flow and spent $8.17M on capital expenditures. That left free cash flow of $38.16M, down 39.1% from $62.70M a year earlier, or 7.6% of revenue. It returned $18.81M to shareholders through $8.02M in dividends and $10.79M in share buybacks.

Genie Energy Cash Flow Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Cash flow statement showing operating, investing, and financing activities for Genie Energy Ltd. (GNE) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Operating Activities
Net Income	47.43	70.43	13.13	57.36	17.51	13.16	4.18	21.40	-8.65
Depreciation & Amortization	1.01	0.88	0.46	0.39	0.44	2.96	3.63	2.06	2.14
Deferred Income Tax	3.31	-1.86	1.38	-0.60	-0.10	7.06	3.47	-13.48	-0.36
Stock Based Compensation	2.54	2.39	2.83	0.00	2.82	1.13	0.00	4.52	5.01
Change in Working Capital	6.02	7.88	-4.80	1.75	2.41	-4.92	0.29	-2.04	3.33
Change in Accounts Receivable	-10.22	-2.21	-9.14	-16.34	-0.42	-2.28	-12.04	7.82	-8.02
Change in Inventory	3.00	0.92	-8.71	2.01	-0.79	-0.30	-6.74	-4.76	2.00
Change in Accounts Payable	16.97	3.10	18.69	11.64	4.72	-0.41	5.51	-7.32	15.31
Change in Other Working Capital	-1.75	3.53	1.01	4.44	-7.94	-2.24	13.56	2.22	-5.96
Other Operating Activities	6.62	0.99	1.01	21.79	-7.94	8.70	4.19	6.89	7.81
Net Cash from Operating Activities	46.34	70.74	62.48	80.68	68.38	23.12	15.75	19.35	9.29
Investing Activities
Capital Expenditures	-8.17	-8.04	-9.03	-1.02	-0.13	-0.17	-0.40	-1.33	-8.82
Acquisitions	-0.32	-1.20	0.00	0.00	4.55	0.00	-2.04	-1.56	-8.15
Purchases of Investments	-6.17	-6.14	-11.02	-2.73	-1.75	-5.00	-3.24	-1.31	-3.97
Sales/Maturities of Investments	1.20	0.58	10.04	0.00	0.00	0.00	0.00	0.00	0.00
Other Investing Activities	-2.21	-3.78	23.65	-45.57	0.01	2.14	-0.09	-0.05	0.45
Net Cash from Investing Activities	-15.35	-16.04	13.64	-49.32	2.69	-3.03	-5.77	-2.94	-16.53
Financing Activities
Debt Repayment	0.33	7.29	0.00	0.00	0.00	-5.31	-1.38	-0.01	1.80
Common Stock Issued	-2.13	0.00	5.00	0.00	0.00	0.03	1.41	6.00	14.56
Common Stock Repurchased	10.79	14.83	-8.40	-16.36	-3.85	-2.16	-6.05	-0.89	-0.83
Dividends Paid	-8.02	-8.21	-8.87	-9.16	-1.48	-8.66	-9.60	-9.26	-8.91
Other Financing Activities	0.00	-3.61	0.00	0.00	0.00	0.00	0.00	-0.89	9.69
Net Cash from Financing Activities	-19.14	-15.75	-15.15	-25.52	-5.68	-15.19	-15.62	-4.14	1.85
Summary
Effect of Forex Changes on Cash	-0.05	0.01	-0.07	-1.49	-0.03	-4.76	0.42	-0.01	0.11
Net Change in Cash	11.79	38.96	60.90	4.35	63.47	4.63	-5.22	12.27	-5.28
Cash at Beginning of Period	200.64	163.00	104.58	100.23	36.79	38.03	43.25	31.93	35.19
Cash at End of Period	211.45	201.96	163.00	104.58	100.23	38.17	38.03	44.20	29.91
Free Cash Flow	38.16	62.70	53.45	79.67	68.26	22.95	15.35	18.03	0.46
Supplemental Disclosures
Interest Paid	-	0.10	0.09	0.12	0.43	0.33	-	-	-
Income Taxes Paid	-	3.63	20.72	8.57	0.05	0.74	-	-	-

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Genie Energy Cash Flow

What is Genie Energy's free cash flow?

Genie Energy generated free cash flow of $38.16M in fiscal 2025 (fiscal year ended Dec 31, 2025), operating cash flow of $46.34M minus $8.17M of capital expenditures. That was down 39.1% from $62.70M a year earlier. Free cash flow equaled 7.6% of revenue.

How much does Genie Energy spend on capital expenditures?

Genie Energy spent $8.17M on capital expenditures in fiscal 2025, compared with $8.04M a year earlier. That equals 17.6% of operating cash flow.

Does Genie Energy pay dividends or buy back shares?

Yes. In fiscal 2025 Genie Energy returned $8.02M in dividends and $10.79M in share buybacks to shareholders, according to its cash flow statement.

What is free cash flow?

Free cash flow is operating cash flow minus capital expenditures. It is the cash a company has left for dividends, buybacks, debt repayment or acquisitions after funding its operations and investment. Full definition