Flex LNG (FLNG) Interest Expenses (2018 - 2026)
Flex LNG's (FLNG) quarterly Interest Expenses came in at -$14.7 million in Q1 2026, up 4.9% year-over-year from -$14.0 million in Q1 2025, and up 15.86% quarter-over-quarter from -$17.4 million in Q4 2025.
Analysis
Flex LNG (FLNG) Interest Expenses (2018 - 2026) Analysis & Trends
Flex LNG has disclosed Interest Expenses across 9 years of filings, most recently posting -$14.7 million for Q1 2026.
- In Q1 2026, Interest Expenses rose 4.9% year-over-year to -$14.7 million; the TTM figure through Mar 2026 stood at -$64.4 million (up 12.85% YoY), while the FY2025 annual figure was -$66.3 million, up 14.04% from the prior year.
- Interest Expenses came in at -$14.7 million for Q1 2026 at Flex LNG, up from -$17.4 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of -$11.6 million in Q1 2022 to a low of -$20.5 million in Q3 2023.
- Average Interest Expenses over 5 years is -$17.5 million, with a median of -$18.1 million recorded in 2022.
- Year-over-year, Interest Expenses plunged 68.48% in 2023 and gained 22.14% in 2025.
- Over 5 years, Interest Expenses stood at -$18.1 million in 2022, then dropped by 12.37% to -$20.3 million in 2023, then climbed by 4.44% to -$19.4 million in 2024, then rose by 10.21% to -$17.4 million in 2025, then gained by 15.86% to -$14.7 million in 2026.
- Per Business Quant data, the three most recent Interest Expenses figures were -$14.7 million in Q1 2026, -$17.4 million in Q4 2025, and -$16.9 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | -35.23 Mn |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 10.98 Mn |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | 1.60 Mn |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 10.56 Mn |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | -10.19 Mn |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | -157.87 Mn |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | -36.10 Mn |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | -12.45 Mn |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | -55.50 Mn |
| 10 | Flex LNG | 1.70 Bn | 1.31 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -14.67 Mn |
| Dec 31, 2025 | -17.43 Mn |
| Sep 30, 2025 | -16.92 Mn |
| Mar 31, 2025 | -15.42 Mn |
| Dec 31, 2024 | -19.41 Mn |
| Sep 30, 2024 | -19.29 Mn |
| Mar 31, 2024 | -19.81 Mn |
| Dec 31, 2023 | -20.31 Mn |
| Sep 30, 2023 | -20.55 Mn |
| Jun 30, 2023 | -20.25 Mn |
| Mar 31, 2023 | -19.47 Mn |
| Dec 31, 2022 | -18.08 Mn |
| Sep 30, 2022 | -16.53 Mn |
| Jun 30, 2022 | -12.44 Mn |
| Mar 31, 2022 | -11.56 Mn |
| Dec 31, 2021 | -11.40 Mn |
| Sep 30, 2021 | -11.38 Mn |
| Jun 30, 2021 | -14.01 Mn |
| Dec 31, 2020 | -9.40 Mn |
| Sep 30, 2020 | -9.95 Mn |