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
DateValue
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