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| 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 |