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| 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 |