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

Flex LNG's (FLNG) quarterly Gross Profit came in at $61.8 million in Q1 2026, down 12.13% year-on-year from $70.3 million in Q1 2025, and down 8.73% quarter-over-quarter from $67.7 million in Q4 2025.

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

Flex LNG has disclosed Gross Profit across 9 years of filings, most recently posting $61.8 million for Q1 2026.

  • Gross Profit for Q1 2026 came in at $61.8 million, down 12.13% year-over-year; the trailing twelve-month figure through Mar 2026 was $264.2 million (down 6.7% YoY), and the FY2025 annual result was $272.8 million, down 4.77% from the prior year.
  • Gross Profit came in at $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.
  • The 5-year median for Gross Profit is $70.3 million (2025), against an average of $71.1 million.
  • Peak annual rise in Gross Profit reached 36.55% in 2022, while the deepest fall reached 17.09% in 2022.
  • Flex LNG's Gross Profit stood at $81.7 million in 2022, then dropped by 3.56% to $78.8 million in 2023, then slipped by 6.95% to $73.3 million in 2024, then decreased by 7.68% to $67.7 million in 2025, then slipped by 8.73% to $61.8 million in 2026.
  • The last three Gross Profit figures came in at $61.8 million (Q1 2026), $67.7 million (Q4 2025), and $66.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn -
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn
5 Scorpio Tankers 59.17 Bn 58.19 Bn -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn
10 Flex LNG 10,663.20 -389.06 Mn 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