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
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