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

Flex LNG (FLNG) Gross Margin (2018 - 2026)

Flex LNG's (FLNG) quarterly Gross Margin came in at 76.8% in Q1 2026, down 272.0% year-over-year from 44.65% in Q1 2025, and down 0.7% quarter-over-quarter from 77.34% in Q4 2025.

Analysis

Flex LNG (FLNG) Gross Margin (2018 - 2026) Analysis & Trends

Flex LNG has disclosed Gross Margin across 9 years of filings, most recently posting 76.8% for Q1 2026.

  • In Q1 2026, Gross Margin fell 272.0% year-over-year to 76.8%; the TTM figure through Mar 2026 stood at 77.95% (down 250.0% YoY), while the FY2025 annual figure was 78.46%, down 192.0% from the prior year.
  • Gross Margin came in at 76.8% for Q1 2026 at Flex LNG, down from 77.34% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 83.45% in Q4 2022 to a low of 76.8% in Q1 2026.
  • Average Gross Margin over 5 years is 80.47%, with a median of 80.75% recorded in 2022.
  • Year-over-year, Gross Margin surged 523 bps in 2022 and sank 307 bps in 2025.
  • Over 5 years, Gross Margin stood at 83.45% in 2022, then decreased by 3 bps to 81.05% in 2023, then decreased by 1 bps to 80.41% in 2024, then slipped by 4 bps to 77.34% in 2025, then fell by 1 bps to 76.8% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 76.8% in Q1 2026, 77.34% in Q4 2025, and 78.11% in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Frontline 10.27 Bn 9.94 Bn - -
2 Kirby 7.43 Bn 7.39 Bn 290.80 Mn 31.53%
3 Matson 6.74 Bn 6.62 Bn - -
4 International Seaways 5.17 Bn 5.17 Bn 467.16 Mn 99.97%
5 Hafnia 4.59 Bn 4.31 Bn 372.91 Mn 45.71%
6 Cmb.Tech 4.47 Bn 4.31 Bn 970.62 Mn 79.33%
7 Scorpio Tankers 4.26 Bn 2.42 Bn 343.91 Mn 84.14%
8 Star Bulk Carriers 3.68 Bn 3.11 Bn 299.80 Mn 83.88%
9 Torm 3.56 Bn -626.52 Mn 652.00 Mn 98.37%
10 Flex LNG 1.70 Bn 1.31 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2026 76.80%
Dec 31, 2025 77.34%
Sep 30, 2025 78.11%
Mar 31, 2025 79.52%
Dec 31, 2024 80.41%
Sep 30, 2024 80.29%
Mar 31, 2024 81.52%
Dec 31, 2023 81.05%
Sep 30, 2023 82.09%
Jun 30, 2023 80.06%
Mar 31, 2023 83.02%
Dec 31, 2022 83.45%
Sep 30, 2022 80.83%
Jun 30, 2022 81.74%
Mar 31, 2022 80.75%
Dec 31, 2021 86.02%
Sep 30, 2021 81.04%
Jun 30, 2021 76.51%
Dec 31, 2020 78.55%
Sep 30, 2020 74.22%