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| Date | Value |
|---|---|
| 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 |