Flex LNG (FLNG) Cost of Revenue (2018 - 2026)
Flex LNG (FLNG) reported Cost of Revenue of $4.62 million for the quarter ended Jun 30, 2026, up 115.6% from $2.14 million a year earlier and up 9.6% from the prior quarter.
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Analysis
Flex LNG (FLNG) Cost of Revenue (2018 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Flex LNG's Cost of Revenue came in at $14.19 million, up 183.3% year-over-year; for the year ended Dec 31, 2025, it came in at $8.85 million, up 260.0% from the prior year.
- Cost of Revenue has a five-year compound annual growth rate of 26.3% (years ended Dec 2020 to Dec 2025).
- By year, Cost of Revenue came in at $2.46 million in the year ended Dec 31, 2024 (+97.8%), $1.24 million in the year ended Dec 31, 2023 (-32.9%), $1.85 million in the year ended Dec 31, 2022 (-29.9%) and $2.64 million in the year ended Dec 31, 2021 (-4.2%).
- The figure for the quarter ended Jun 30, 2026 ranks as the highest quarterly Cost of Revenue in data going back to the quarter ended Jun 30, 2018.
- Year over year, Cost of Revenue has now increased in each of the last three quarters, with growth averaging 219.1% over the last six quarters.
- The high point for year-over-year Cost of Revenue in five years was the quarter ended Dec 31, 2024 (growth of 687.1%); the low point was the quarter ended Sep 30, 2021 (a decline of 98.6%).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at $4.22 million (quarter ended Mar 31, 2026), $2.7 million (quarter ended Dec 31, 2025) and $2.66 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 165.28 Bn | 159.81 Bn | - | - |
| 2 | Csx | 87.86 Bn | 84.08 Bn | - | - |
| 3 | Canadian Pacific Kansas City | 75.56 Bn | 75.27 Bn | - | - |
| 4 | Norfolk Southern | 71.27 Bn | 65.91 Bn | - | - |
| 5 | United Parcel Service | 69.70 Bn | 46.62 Bn | - | - |
| 6 | Fedex | 68.71 Bn | 34.65 Bn | - | - |
| 7 | Delta Air Lines | 55.32 Bn | 37.50 Bn | - | - |
| 8 | Old Dominion Freight Line | 37.44 Bn | 36.71 Bn | - | - |
| 9 | United Airlines Holdings | 36.52 Bn | -19.85 Bn | - | - |
| 10 | Flex LNG | 1.69 Bn | 340.44 Mn | 72.59 Mn | 4.62 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.62 Mn |
| Mar 31, 2026 | 4.22 Mn |
| Dec 31, 2025 | 2.70 Mn |
| Sep 30, 2025 | 2.66 Mn |
| Jun 30, 2025 | 2.14 Mn |
| Mar 31, 2025 | 1.38 Mn |
| Dec 31, 2024 | 1.28 Mn |
| Sep 30, 2024 | 200,123.58 |
| Mar 31, 2024 | 415,583.40 |
| Dec 31, 2023 | 163,066.89 |
| Sep 30, 2023 | 314,036.73 |
| Jun 30, 2023 | 567,272.78 |
| Mar 31, 2023 | 201,937.11 |
| Dec 31, 2022 | 159,864.54 |
| Sep 30, 2022 | 332,767.87 |
| Jun 30, 2022 | 401,582.41 |
| Mar 31, 2022 | 1.07 Mn |
| Dec 31, 2021 | 822,689.52 |
| Sep 30, 2021 | 15,888.19 |
| Jun 30, 2021 | 981,000.00 |
API Access
Flex LNG Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=FLNG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "FLNG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=FLNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();