Flex LNG (FLNG) Cost of Revenue (2018 - 2026)
Flex LNG's (FLNG) quarterly Cost of Revenue came in at $18.7 million in Q1 2026, up 3.05% year-on-year from $18.1 million in Q1 2025, and down 5.88% quarter-over-quarter from $19.8 million in Q4 2025.
Flex LNG (FLNG) Cost of Revenue (2018 - 2026) Analysis & Trends
Flex LNG has disclosed Cost of Revenue across 9 years of filings, most recently posting $18.7 million for Q1 2026.
- Cost of Revenue for Q1 2026 came in at $18.7 million, up 3.05% year-over-year; the trailing twelve-month figure through Mar 2026 was $75.4 million (up 5.71% YoY), and the FY2025 annual result was $74.9 million, up 7.09% from the prior year.
- Cost of Revenue came in at $18.7 million for Q1 2026 at Flex LNG, down 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.
- The 5-year median for Cost of Revenue is $17.6 million (2024), against an average of $17.4 million.
- Across the five-year window, Cost of Revenue rose 13.68% in 2023 and dropped 4.47% in 2024, its largest moves.
- Flex LNG's Cost of Revenue stood at $16.2 million in 2022, then grew by 13.68% to $18.4 million in 2023, then dropped by 4.47% to $17.6 million in 2024, then gained by 12.7% to $19.8 million in 2025, then retreated by 5.88% to $18.7 million in 2026.
- The last three Cost of Revenue figures came in at $18.7 million (Q1 2026), $19.8 million (Q4 2025), and $18.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 89.89 Bn | 90.59 Bn | 6.70 Bn | 9.60 Bn |
| 2 | Enterprise Products Partners | 82.10 Bn | 80.95 Bn | - | - |
| 3 | Kinder Morgan | 70.96 Bn | 72.04 Bn | 3.08 Bn | 1.75 Bn |
| 4 | Energy Transfer | 65.68 Bn | 64.96 Bn | 6.62 Bn | 21.15 Bn |
| 5 | Scorpio Tankers | 59.56 Bn | 58.58 Bn | - | 68.80 Mn |
| 6 | Targa Resources | 58.53 Bn | 58.56 Bn | 1.70 Bn | 2.39 Bn |
| 7 | Oneok | 57.23 Bn | 57.10 Bn | 2.57 Bn | 7.05 Bn |
| 8 | Mplx | 57.20 Bn | 55.69 Bn | 2.54 Bn | 498.00 Mn |
| 9 | Tc Energy | 51.34 Bn | 52.53 Bn | 2.95 Bn | 39.44 Mn |
| 10 | Flex LNG | 10,980.00 | -389.06 Mn | 61.79 Mn | 18.67 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 |