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

Flex LNG (FLNG) posted Gross Profit of $61.8 million for Q1 2026, down 8.73% sequentially from $67.7 million in Q4 2025, and down 12.13% YoY from $70.3 million in Q1 2025.

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

Flex LNG has reported Gross Profit for 9 years, with the latest figure at $61.8 million in 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 declined to $61.8 million in Q1 2026 per FLNG's latest filing, from $67.7 million in the prior quarter.
  • Over five years, Gross Profit peaked at $81.7 million in Q4 2022 and troughed at $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.
  • The widest YoY moves for Gross Profit: up 36.55% in 2022, down 17.09% in 2022.
  • Over 5 years, Gross Profit stood at $81.7 million in 2022, then fell by 3.56% to $78.8 million in 2023, then declined by 6.95% to $73.3 million in 2024, then dropped by 7.68% to $67.7 million in 2025, then declined by 8.73% to $61.8 million in 2026.
  • According to Business Quant data, Gross Profit over the past three periods registered $61.8 million, $67.7 million, and $66.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Kinder Morgan 112.69 Bn 112.57 Bn 3.07 Bn
2 Enbridge 110.69 Bn 109.19 Bn 5.23 Bn
3 Enterprise Products Partners 83.45 Bn 82.54 Bn -
4 Energy Transfer 72.64 Bn 71.61 Bn 7.40 Bn
5 Tc Energy 65.84 Bn 58.29 Bn 1.24 Bn
6 Mplx 60.05 Bn 59.02 Bn 2.73 Bn
7 Oneok 59.98 Bn 59.82 Bn 2.81 Bn
8 Targa Resources 59.50 Bn 59.37 Bn 2.14 Bn
9 Cheniere Energy 55.93 Bn 54.68 Bn 5.29 Bn
10 Flex LNG 1.67 Bn 1.28 Bn 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