Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTMarketBeatSat, August 8, 2026 at 12:03 PM GMT+2 6 min readKey PointsInterested in Genie Energy Ltd.? Here are five stocks we like better.Genie Energy's profitability improved sharply in Q2 2026 despite a 4.6% revenue decline to $100.4 million. Gross profit rose 43.4% to $33.7 million, adjusted EBITDA increased to $7.5 million, and net income reached $11.4 million, or $0.42 per diluted share.Retail energy margins returned to historical levels as wholesale market conditions normalized, lifting GRE gross profit 42.2% to $30.3 million. Customer counts declined year over year, but the company is emphasizing higher-cost acquisition channels intended to generate greater lifetime value.Genie's growth segment achieved positive EBITDA for the first time, supported by Diversegy and Genie Solar, while Roded advanced plans to expand recycled-plastic manufacturing. The company ended the quarter with $204.3 million in cash and securities, minimal net debt, and continued share repurchases and dividend payments.Genie Energy (NYSE:GNE) reported higher second-quarter profitability as normalized wholesale energy market conditions restored margins at its retail energy business, while its growth segment reached positive EBITDA.For the three months ended June 30, 2026, consolidated revenue declined 4.6% year over year to $100.4 million. However, consolidated gross profit rose 43.4% to $33.7 million, producing a gross margin of 33.5%. Income from operations increased by $4.3 million to $6.5 million, while adjusted EBITDA rose by $4.5 million to $7.5 million.→