Flex LNG (FLNG) Net Income (2018 - 2026)
Flex LNG (FLNG) posted Net Income of $19.5 million for Q1 2026, down 9.46% sequentially from $21.6 million in Q4 2025, and up 4.18% YoY from $18.7 million in Q1 2025.
Flex LNG (FLNG) Net Income (2018 - 2026) Analysis & Trends
Flex LNG has reported Net Income for 9 years, with the latest figure at $19.5 million in Q1 2026.
- Quarterly Net Income rose 4.18% year-over-year to $19.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $75.6 million (down 26.74% YoY) and the FY2025 annual result came in at $74.8 million, down 36.43% from the prior year.
- Net Income eased to $19.5 million in Q1 2026 per FLNG's latest filing, from $21.6 million in the prior quarter.
- Over five years, Net Income peaked at $55.8 million in Q1 2022 and troughed at $16.5 million in Q1 2023.
- A 5-year average of $30.6 million and a median of $21.8 million in 2024 frame the typical range for Net Income.
- The sharpest annual moves came in 2022 and 2023: Net Income jumped 246.62% in 2022, then tumbled 70.35% in 2023.
- Over 5 years, Net Income stood at $41.4 million in 2022, then tumbled by 53.2% to $19.4 million in 2023, then soared by 133.19% to $45.2 million in 2024, then slumped by 52.34% to $21.6 million in 2025, then retreated by 9.46% to $19.5 million in 2026.
- According to Business Quant data, Net Income over the past three periods registered $19.5 million, $21.6 million, and $16.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 894.00 Mn |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 1.13 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 1.86 Bn |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 2.53 Bn |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | 832.09 Mn |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 1.09 Bn |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 967.00 Mn |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 777.70 Mn |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 3.64 Bn |
| 10 | Flex LNG | 1.67 Bn | 1.28 Bn | 61.79 Mn | 19.51 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.51 Mn |
| Dec 31, 2025 | 21.55 Mn |
| Sep 30, 2025 | 16.82 Mn |
| Jun 30, 2025 | 17.72 Mn |
| Mar 31, 2025 | 18.73 Mn |
| Dec 31, 2024 | 45.22 Mn |
| Sep 30, 2024 | 17.41 Mn |
| Jun 30, 2024 | 21.84 Mn |
| Mar 31, 2024 | 33.22 Mn |
| Dec 31, 2023 | 19.39 Mn |
| Sep 30, 2023 | 45.10 Mn |
| Jun 30, 2023 | 39.02 Mn |
| Mar 31, 2023 | 16.53 Mn |
| Dec 31, 2022 | 41.43 Mn |
| Sep 30, 2022 | 46.59 Mn |
| Jun 30, 2022 | 44.26 Mn |
| Mar 31, 2022 | 55.76 Mn |
| Dec 31, 2021 | 69.43 Mn |
| Sep 30, 2021 | 32.81 Mn |
| Jun 30, 2021 | 12.77 Mn |