Flex LNG (FLNG) Operating Expenses (2018 - 2026)
Flex LNG (FLNG) reported Operating Expenses of $16.7 million for Q1 2026, up 179.2% year-over-year from $6.0 million in Q1 2025, and up 178.31% sequentially from -$21.3 million in Q4 2025.
Flex LNG (FLNG) Operating Expenses (2018 - 2026) Analysis & Trends
Flex LNG's Operating Expenses history runs 9 years deep, the most recent figure standing at $16.7 million for Q1 2026.
- Quarterly Operating Expenses rose 179.2% year-over-year to $16.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$7.9 million (down 127.7% YoY) and the FY2025 annual result came in at $97.0 million, up 9.39% from the prior year.
- Operating Expenses was $16.7 million for Q1 2026 at Flex LNG, up from -$21.3 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $17.6 million in Q3 2025 to a low of -$21.3 million in Q4 2025.
- Median Operating Expenses over the past 5 years was $15.1 million (2022), compared with a mean of $891588.2.
- Across the five-year window, Operating Expenses surged 184.13% in 2022 and slumped 253.2% in 2024, its largest moves.
- Over 5 years, Operating Expenses stood at $15.9 million in 2022, then sank by 231.17% to -$20.9 million in 2023, then soared by 178.42% to $16.4 million in 2024, then tumbled by 230.32% to -$21.3 million in 2025, then surged by 178.31% to $16.7 million in 2026.
- Business Quant data shows FLNG's Operating Expenses at $16.7 million in Q1 2026, -$21.3 million in Q4 2025, and $17.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 13.95 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 3.38 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 12.50 Bn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 1.70 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 333.70 Mn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 1.82 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 7.00 Mn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 274.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 3.45 Bn |
| 10 | Flex LNG | - | - | 61.79 Mn | -21.81 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -21.81 Mn |
| Dec 31, 2025 | -21.33 Mn |
| Sep 30, 2025 | -21.26 Mn |
| Jun 30, 2025 | -20.91 Mn |
| Mar 31, 2025 | -21.09 Mn |
| Dec 31, 2024 | -21.67 Mn |
| Sep 30, 2024 | -20.89 Mn |
| Jun 30, 2024 | -21.65 Mn |
| Mar 31, 2024 | -21.07 Mn |
| Dec 31, 2023 | -20.87 Mn |
| Sep 30, 2023 | -21.03 Mn |
| Jun 30, 2023 | -20.45 Mn |
| Mar 31, 2023 | -21.49 Mn |
| Dec 31, 2022 | -20.50 Mn |
| Sep 30, 2022 | -20.54 Mn |
| Jun 30, 2022 | -19.83 Mn |
| Mar 31, 2022 | -20.51 Mn |
| Dec 31, 2021 | -20.25 Mn |
| Sep 30, 2021 | -19.86 Mn |
| Jun 30, 2021 | -19.65 Mn |