Flex LNG (FLNG) Net Income (2018 - 2026)
Flex LNG (FLNG) reported Net Income of $19.6 million for Q1 2026, up 4.06% year-over-year from $18.8 million in Q1 2025, and down 9.37% sequentially from $21.6 million in Q4 2025.
Flex LNG (FLNG) Net Income (2018 - 2026) Analysis & Trends
Flex LNG's Net Income history runs 9 years deep, the most recent figure standing at $19.6 million for Q1 2026.
- Quarterly Net Income rose 4.06% year-over-year to $19.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $75.7 million (down 26.86% YoY) and the FY2025 annual result came in at $74.8 million, down 36.43% from the prior year.
- Net Income was $19.6 million for Q1 2026 at Flex LNG, down 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 $16.6 million in Q1 2023.
- Median Net Income over the past 5 years was $22.0 million (2024), compared with a mean of $30.6 million.
- Across the five-year window, Net Income jumped 246.03% in 2022 and tumbled 70.24% in 2023, its largest moves.
- Over 5 years, Net Income stood at $41.5 million in 2022, then slumped by 53.28% to $19.4 million in 2023, then jumped by 133.73% to $45.3 million in 2024, then sank by 52.41% to $21.6 million in 2025, then retreated by 9.37% to $19.6 million in 2026.
- Business Quant data shows FLNG's Net Income at $19.6 million in Q1 2026, $21.6 million in Q4 2025, and $16.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 1.30 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 1.00 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 1.50 Bn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 1.98 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 487.40 Mn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 922.00 Mn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 776.00 Mn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 183.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 625.00 Mn |
| 10 | Flex LNG | - | - | 61.79 Mn | 19.56 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.56 Mn |
| Dec 31, 2025 | 21.58 Mn |
| Sep 30, 2025 | 16.85 Mn |
| Jun 30, 2025 | 17.75 Mn |
| Mar 31, 2025 | 18.79 Mn |
| Dec 31, 2024 | 45.34 Mn |
| Sep 30, 2024 | 17.44 Mn |
| Jun 30, 2024 | 21.98 Mn |
| Mar 31, 2024 | 33.18 Mn |
| Dec 31, 2023 | 19.40 Mn |
| Sep 30, 2023 | 45.17 Mn |
| Jun 30, 2023 | 37.00 Mn |
| Mar 31, 2023 | 16.60 Mn |
| Dec 31, 2022 | 41.52 Mn |
| Sep 30, 2022 | 46.64 Mn |
| Jun 30, 2022 | 44.28 Mn |
| Mar 31, 2022 | 55.79 Mn |
| Dec 31, 2021 | 69.57 Mn |
| Sep 30, 2021 | 30.78 Mn |
| Jun 30, 2021 | 12.80 Mn |