Flex LNG (FLNG) Net Income (2018 - 2026)
Flex LNG's (FLNG) quarterly Net Income came in at $19.6 million in Q1 2026, up 4.06% year-on-year from $18.8 million in Q1 2025, and down 9.37% quarter-over-quarter from $21.6 million in Q4 2025.
Flex LNG (FLNG) Net Income (2018 - 2026) Analysis & Trends
Flex LNG has disclosed Net Income across 9 years of filings, most recently posting $19.6 million for Q1 2026.
- Net Income for Q1 2026 came in at $19.6 million, up 4.06% year-over-year; the trailing twelve-month figure through Mar 2026 was $75.7 million (down 26.86% YoY), and the FY2025 annual result was $74.8 million, down 36.43% from the prior year.
- Net Income came in at $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.
- The 5-year median for Net Income is $22.0 million (2024), against an average of $30.6 million.
- Across the five-year window, Net Income surged 246.03% in 2022 and plunged 70.24% in 2023, its largest moves.
- Flex LNG's Net Income stood at $41.5 million in 2022, then tumbled by 53.28% to $19.4 million in 2023, then surged by 133.73% to $45.3 million in 2024, then slumped by 52.41% to $21.6 million in 2025, then decreased by 9.37% to $19.6 million in 2026.
- The last three Net Income figures came in at $19.6 million (Q1 2026), $21.6 million (Q4 2025), and $16.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 1.30 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 1.50 Bn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 1.00 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 1.98 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | 239.84 Mn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 922.00 Mn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 487.40 Mn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 776.00 Mn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 15.06 Mn |
| 10 | Flex LNG | 10,663.20 | -389.06 Mn | 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 | 39.03 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 | 32.79 Mn |
| Jun 30, 2021 | 12.80 Mn |