Flex LNG (FLNG) Interest Expenses (2018 - 2026)
Flex LNG (FLNG) posted Interest Expenses of -$20.1 million for Q1 2026, up 12.22% sequentially from -$22.9 million in Q4 2025, and up 9.11% YoY from -$18.4 million in Q1 2025.
Flex LNG (FLNG) Interest Expenses (2018 - 2026) Analysis & Trends
Flex LNG has reported Interest Expenses for 9 years, with the latest figure at -$20.1 million in Q1 2026.
- Quarterly Interest Expenses rose 9.11% year-over-year to -$20.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$90.6 million (up 10.31% YoY) and the FY2025 annual result came in at $92.8 million, down 12.13% from the prior year.
- Interest Expenses improved to -$20.1 million in Q1 2026 per FLNG's latest filing, from -$22.9 million in the prior quarter.
- Over five years, Interest Expenses peaked at -$15.0 million in Q1 2022 and troughed at -$32.8 million in Q1 2023.
- A 5-year average of -$24.1 million and a median of -$24.5 million in 2022 frame the typical range for Interest Expenses.
- The sharpest annual moves came in 2023 and 2024: Interest Expenses sank 119.18% in 2023, then rose 18.63% in 2024.
- Over 5 years, Interest Expenses stood at -$24.5 million in 2022, then declined by 12.7% to -$27.7 million in 2023, then climbed by 7.91% to -$25.5 million in 2024, then gained by 10.03% to -$22.9 million in 2025, then grew by 12.22% to -$20.1 million in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered -$20.1 million, -$22.9 million, and -$23.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 256.00 Mn |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 1.01 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 974.00 Mn |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 934.00 Mn |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | 1.23 Bn |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 322.00 Mn |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 434.00 Mn |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 959.20 Mn |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 3.05 Bn |
| 10 | Flex LNG | 1.67 Bn | 1.28 Bn | 61.79 Mn | -20.11 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -20.11 Mn |
| Mar 31, 2026 | -20.11 Mn |
| Dec 31, 2025 | -22.91 Mn |
| Dec 31, 2025 | -22.91 Mn |
| Sep 30, 2025 | -23.28 Mn |
| Sep 30, 2025 | -23.28 Mn |
| Jun 30, 2025 | -24.31 Mn |
| Jun 30, 2025 | -24.31 Mn |
| Mar 31, 2025 | -22.13 Mn |
| Mar 31, 2025 | -22.13 Mn |
| Dec 31, 2024 | -25.47 Mn |
| Dec 31, 2024 | -25.47 Mn |
| Sep 30, 2024 | -26.32 Mn |
| Sep 30, 2024 | -26.32 Mn |
| Jun 30, 2024 | -27.12 Mn |
| Jun 30, 2024 | -27.12 Mn |
| Mar 31, 2024 | -26.69 Mn |
| Mar 31, 2024 | -26.69 Mn |
| Dec 31, 2023 | -27.66 Mn |
| Dec 31, 2023 | -27.66 Mn |