Flex LNG (FLNG) Operating Expenses (2018 - 2026)

Flex LNG's (FLNG) quarterly Operating Expenses came in at -$21.8 million in Q1 2026, down 3.41% year-on-year from -$22.6 million in Q1 2025, and down 2.26% quarter-over-quarter from -$21.3 million in Q4 2025.

Flex LNG (FLNG) Operating Expenses (2018 - 2026) Analysis & Trends

Flex LNG has disclosed Operating Expenses across 9 years of filings, most recently posting -$21.8 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at -$21.8 million, down 3.41% year-over-year; the trailing twelve-month figure through Mar 2026 was -$47.3 million (changed 0.26% YoY), and the FY2025 annual result was $97.0 million, up 9.39% from the prior year.
  • Operating Expenses came in at -$21.8 million for Q1 2026 at Flex LNG, down from -$21.3 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $17.1 million in Q2 2025 to a low of -$21.8 million in Q1 2026.
  • The 5-year median for Operating Expenses is -$20.5 million (2022), against an average of -$5.7 million.
  • Across the five-year window, Operating Expenses soared 182.38% in 2022 and tumbled 231.67% in 2025, its largest moves.
  • Flex LNG's Operating Expenses stood at $15.9 million in 2022, then slumped by 231.17% to -$20.9 million in 2023, then decreased by 3.83% to -$21.7 million in 2024, then climbed by 1.57% to -$21.3 million in 2025, then retreated by 2.26% to -$21.8 million in 2026.
  • The last three Operating Expenses figures came in at -$21.8 million (Q1 2026), -$21.3 million (Q4 2025), and -$21.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 13.95 Bn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 12.50 Bn
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 3.38 Bn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 1.70 Bn
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -93.35 Mn
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 1.82 Bn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 333.70 Mn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 7.00 Mn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 915.00 Mn
10 Flex LNG 10,663.20 -389.06 Mn 61.79 Mn -21.81 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -21.81 Mn
Dec 31, 2025 -21.33 Mn
Sep 30, 2025 -21.26 Mn
Jun 30, 2025 17.06 Mn
Mar 31, 2025 -21.09 Mn
Dec 31, 2024 -21.67 Mn
Sep 30, 2024 -20.89 Mn
Jun 30, 2024 16.18 Mn
Mar 31, 2024 16.02 Mn
Dec 31, 2023 -20.87 Mn
Sep 30, 2023 16.45 Mn
Jun 30, 2023 -20.45 Mn
Mar 31, 2023 -21.49 Mn
Dec 31, 2022 15.91 Mn
Sep 30, 2022 15.87 Mn
Jun 30, 2022 16.19 Mn
Mar 31, 2022 -20.51 Mn
Dec 31, 2021 -20.25 Mn
Sep 30, 2021 16.54 Mn
Jun 30, 2021 -19.65 Mn