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

Flex LNG (FLNG) reported Gross Profit of $61.8 million for Q1 2026, down 12.13% year-over-year 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's Gross Profit history runs 9 years deep, the most recent figure standing at $61.8 million for Q1 2026.

  • Quarterly Gross Profit fell 12.13% year-over-year to $61.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $264.2 million (down 6.7% YoY) and the FY2025 annual result came in at $272.8 million, down 4.77% from the prior year.
  • Gross Profit was $61.8 million for Q1 2026 at Flex LNG, down 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.
  • Median Gross Profit over the past 5 years was $70.3 million (2025), compared with a mean of $71.1 million.
  • On a YoY basis, Gross Profit climbed as much as 36.55% in 2022 and fell as far as 17.09% in 2022.
  • Over 5 years, Gross Profit 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 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn -
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn
10 Flex LNG - - 61.79 Mn

Historic Data

Download Data
DateValue
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