Flex LNG FLNG
NYSE FLNG
$31.50 +0.22 (+0.70%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Flex LNG's (FLNG) quarterly Cost of Revenue came in at $13.6 million in Q1 2026, up 7.82% year-over-year from $12.6 million in Q1 2025, and down 4.29% quarter-over-quarter from $14.2 million in Q4 2025.

Analysis

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 $13.6 million for Q1 2026.

  • In Q1 2026, Cost of Revenue rose 7.82% year-over-year to $13.6 million; the TTM figure through Mar 2026 stood at $54.1 million (up 6.42% YoY), while the FY2025 annual figure was $53.6 million, up 4.94% from the prior year.
  • Cost of Revenue came in at $13.6 million for Q1 2026 at Flex LNG, down from $14.2 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $14.2 million in Q4 2025 to a low of $11.3 million in Q1 2022.
  • Average Cost of Revenue over 5 years is $12.8 million, with a median of $12.7 million recorded in 2024.
  • Year-over-year, Cost of Revenue slipped 22.06% in 2022 and grew 13.35% in 2023.
  • Over 5 years, Cost of Revenue stood at $11.9 million in 2022, then grew by 13.35% to $13.5 million in 2023, then slipped by 5.78% to $12.7 million in 2024, then gained by 11.55% to $14.2 million in 2025, then dropped by 4.29% to $13.6 million in 2026.
  • Per Business Quant data, the three most recent Cost of Revenue figures were $13.6 million in Q1 2026, $14.2 million in Q4 2025, and $13.6 million in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Frontline 10.27 Bn 9.94 Bn - -
2 Kirby 7.43 Bn 7.39 Bn 290.80 Mn 631.60 Mn
3 Matson 6.74 Bn 6.62 Bn - -
4 International Seaways 5.17 Bn 5.17 Bn 467.16 Mn 129,000.00
5 Hafnia 4.59 Bn 4.31 Bn 372.91 Mn 132.75 Mn
6 Cmb.Tech 4.47 Bn 4.31 Bn 970.62 Mn 252.96 Mn
7 Scorpio Tankers 4.26 Bn 2.42 Bn 343.91 Mn 64.83 Mn
8 Star Bulk Carriers 3.68 Bn 3.11 Bn 299.80 Mn 57.61 Mn
9 Torm 3.56 Bn -626.52 Mn 652.00 Mn 10.80 Mn
10 Flex LNG 1.70 Bn 1.31 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2026 13.61 Mn
Dec 31, 2025 14.22 Mn
Sep 30, 2025 13.63 Mn
Mar 31, 2025 12.62 Mn
Dec 31, 2024 12.75 Mn
Sep 30, 2024 13.07 Mn
Mar 31, 2024 12.37 Mn
Dec 31, 2023 13.53 Mn
Sep 30, 2023 12.63 Mn
Jun 30, 2023 12.87 Mn
Mar 31, 2023 11.62 Mn
Dec 31, 2022 11.94 Mn
Sep 30, 2022 13.41 Mn
Jun 30, 2022 12.05 Mn
Mar 31, 2022 11.33 Mn
Dec 31, 2021 12.71 Mn
Sep 30, 2021 12.32 Mn
Jun 30, 2021 15.46 Mn
Dec 31, 2020 11.09 Mn
Sep 30, 2020 8.55 Mn