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| 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 |