Flex LNG (FLNG) Cost of Revenue (2018 - 2026)

Flex LNG (FLNG) reported Cost of Revenue of $18.7 million for Q1 2026, up 3.05% on a YoY basis from $18.1 million in Q1 2025, and down 5.88% sequentially from $19.8 million in Q4 2025.

Flex LNG (FLNG) Cost of Revenue (2018 - 2026) Analysis & Trends

Flex LNG (FLNG) has 9 years of Cost of Revenue data on file, last reported at $18.7 million in Q1 2026.

  • For the quarter ending Q1 2026, Cost of Revenue rose 3.05% year-over-year to $18.7 million; the trailing twelve-month figure through Mar 2026 stood at $75.4 million (up 5.71% YoY), and the FY2025 full-year result was $74.9 million, up 7.09% from the prior year.
  • Cost of Revenue declined to $18.7 million in Q1 2026, from $19.8 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $19.8 million in Q4 2025 to a low of $14.4 million in Q1 2022.
  • A 5-year average of $17.4 million and a median of $17.6 million in 2024 frame the typical range for Cost of Revenue.
  • Across the five-year window, Cost of Revenue rose 13.68% in 2023 and dropped 4.47% in 2024, its largest moves.
  • Tracing FLNG's Cost of Revenue over 5 years: stood at $16.2 million in 2022, then climbed by 13.68% to $18.4 million in 2023, then slipped by 4.47% to $17.6 million in 2024, then rose by 12.7% to $19.8 million in 2025, then fell by 5.88% to $18.7 million in 2026.
  • Business Quant data shows FLNG's Cost of Revenue at $18.7 million in Q1 2026, $19.8 million in Q4 2025, and $18.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 DHT Holdings 2,943.60 Bn 2,943.47 Bn 167.16 Mn 19.13 Mn
2 Flex LNG 1,649.28 Bn 1,648.89 Bn 61.79 Mn 18.67 Mn
3 Enbridge 120.97 Bn 119.64 Bn 6.70 Bn 9.60 Bn
4 Kinder Morgan 112.45 Bn 112.33 Bn 3.07 Bn 1.41 Bn
5 Enterprise Products Partners 82.58 Bn 81.38 Bn - -
6 Tc Energy 71.17 Bn 65.47 Bn 1.36 Bn 39.44 Mn
7 Energy Transfer 68.75 Bn 67.78 Bn 6.62 Bn 21.15 Bn
8 Mplx 59.29 Bn 57.78 Bn 1.95 Bn 402.00 Mn
9 Targa Resources 57.65 Bn 57.55 Bn 1.70 Bn 2.39 Bn
10 Oneok 56.54 Bn 56.36 Bn 8.98 Bn 634.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 18.67 Mn
Mar 31, 2026 18.67 Mn
Dec 31, 2025 19.83 Mn
Dec 31, 2025 19.83 Mn
Sep 30, 2025 18.76 Mn
Sep 30, 2025 18.76 Mn
Jun 30, 2025 18.18 Mn
Jun 30, 2025 18.18 Mn
Mar 31, 2025 18.11 Mn
Mar 31, 2025 18.11 Mn
Dec 31, 2024 17.60 Mn
Dec 31, 2024 17.60 Mn
Sep 30, 2024 17.84 Mn
Sep 30, 2024 17.84 Mn
Jun 30, 2024 17.81 Mn
Jun 30, 2024 17.81 Mn
Mar 31, 2024 16.68 Mn
Mar 31, 2024 16.68 Mn
Dec 31, 2023 18.42 Mn
Dec 31, 2023 18.42 Mn