Flex LNG (FLNG) Gross Profit (2018 - 2026)
Flex LNG (FLNG) reported Gross Profit of $61.8 million for Q1 2026, down 12.13% on a YoY basis from $70.3 million in Q1 2025, and down 8.73% sequentially from $67.7 million in Q4 2025.
Flex LNG (FLNG) Gross Profit (2018 - 2026) Analysis & Trends
Flex LNG (FLNG) has 9 years of Gross Profit data on file, last reported at $61.8 million in Q1 2026.
- For the quarter ending Q1 2026, Gross Profit fell 12.13% year-over-year to $61.8 million; the trailing twelve-month figure through Mar 2026 stood at $264.2 million (down 6.7% YoY), and the FY2025 full-year result was $272.8 million, down 4.77% from the prior year.
- Gross Profit declined to $61.8 million in Q1 2026, from $67.7 million in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $81.7 million in Q4 2022 to a low of $60.2 million in Q1 2022.
- A 5-year average of $71.1 million and a median of $70.3 million in 2025 frame the typical range for Gross Profit.
- Peak annual rise in Gross Profit reached 36.55% in 2022, while the deepest fall reached 17.09% in 2022.
- Tracing FLNG's Gross Profit over 5 years: stood at $81.7 million in 2022, then slipped by 3.56% to $78.8 million in 2023, then decreased by 6.95% to $73.3 million in 2024, then retreated by 7.68% to $67.7 million in 2025, then decreased by 8.73% to $61.8 million in 2026.
- Business Quant data shows FLNG's Gross Profit at $61.8 million in Q1 2026, $67.7 million in Q4 2025, and $66.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn |
| 10 | Mplx | 58.39 Bn | 56.89 Bn | 1.95 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 61.79 Mn |
| Mar 31, 2026 | 61.79 Mn |
| Dec 31, 2025 | 67.71 Mn |
| Dec 31, 2025 | 67.71 Mn |
| Sep 30, 2025 | 66.92 Mn |
| Sep 30, 2025 | 66.92 Mn |
| Jun 30, 2025 | 67.81 Mn |
| Jun 30, 2025 | 67.81 Mn |
| Mar 31, 2025 | 70.32 Mn |
| Mar 31, 2025 | 70.32 Mn |
| Dec 31, 2024 | 73.34 Mn |
| Dec 31, 2024 | 73.34 Mn |
| Sep 30, 2024 | 72.65 Mn |
| Sep 30, 2024 | 72.65 Mn |
| Jun 30, 2024 | 66.89 Mn |
| Jun 30, 2024 | 66.89 Mn |
| Mar 31, 2024 | 73.56 Mn |
| Mar 31, 2024 | 73.56 Mn |
| Dec 31, 2023 | 78.81 Mn |
| Dec 31, 2023 | 78.81 Mn |