Flex LNG (FLNG) Net Income (2018 - 2026)
Flex LNG (FLNG) reported Net Income of $19.5 million for Q1 2026, up 4.18% on a YoY basis from $18.7 million in Q1 2025, and down 9.46% sequentially from $21.6 million in Q4 2025.
Flex LNG (FLNG) Net Income (2018 - 2026) Analysis & Trends
Flex LNG (FLNG) has 9 years of Net Income data on file, last reported at $19.5 million in Q1 2026.
- For the quarter ending Q1 2026, Net Income rose 4.18% year-over-year to $19.5 million; the trailing twelve-month figure through Mar 2026 stood at $75.6 million (down 26.74% YoY), and the FY2025 full-year result was $74.8 million, down 36.43% from the prior year.
- Net Income eased to $19.5 million in Q1 2026, from $21.6 million in the prior quarter.
- In the past five years, Net Income ranged from a high of $55.8 million in Q1 2022 to a low of $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.
- Across the five-year window, Net Income jumped 247.38% in 2022 and sank 70.35% in 2023, its largest moves.
- Tracing FLNG's Net Income over 5 years: stood at $41.4 million in 2022, then plunged by 53.2% to $19.4 million in 2023, then soared by 133.19% to $45.2 million in 2024, then tumbled by 52.34% to $21.6 million in 2025, then dropped by 9.46% to $19.5 million in 2026.
- Business Quant data shows FLNG's Net Income at $19.5 million in Q1 2026, $21.6 million in Q4 2025, and $16.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 164.78 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 19.51 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 894.00 Mn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 1.30 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 1.50 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 847.60 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 1.98 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 487.40 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 776.00 Mn |
| 10 | Mplx | 58.39 Bn | 56.89 Bn | 1.95 Bn | 922.00 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 | 12.74 Mn |