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

Flex LNG (FLNG) reported Operating Expenses of -$21.8 million for Q1 2026, down 3.41% on a YoY basis from -$22.6 million in Q1 2025, and down 2.26% sequentially from -$21.3 million in Q4 2025.

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

Flex LNG (FLNG) has 9 years of Operating Expenses data on file, last reported at -$21.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses fell 3.41% year-over-year to -$21.8 million; the trailing twelve-month figure through Mar 2026 stood at -$85.3 million (changed 0.02% YoY), and the FY2025 full-year result was -$56.3 million, up 9.7% from the prior year.
  • Operating Expenses eased to -$21.8 million in Q1 2026, from -$21.3 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of -$19.8 million in Q2 2022 to a low of -$21.8 million in Q1 2026.
  • A 5-year average of -$21.0 million and a median of -$21.0 million in 2023 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses declined 14.16% in 2022 and climbed 3.43% in 2025, its largest moves.
  • Tracing FLNG's Operating Expenses over 5 years: stood at -$20.5 million in 2022, then declined by 1.79% to -$20.9 million in 2023, then retreated by 3.83% to -$21.7 million in 2024, then advanced by 1.57% to -$21.3 million in 2025, then fell by 2.26% to -$21.8 million in 2026.
  • Business Quant data shows FLNG's Operating Expenses at -$21.8 million in Q1 2026, -$21.3 million in Q4 2025, and -$21.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 78.81 Mn
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn -21.81 Mn
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 3.13 Bn
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 13.95 Bn
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 12.50 Bn
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 915.00 Mn
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 24.79 Bn
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 333.70 Mn
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 7.00 Mn
10 Mplx 58.39 Bn 56.89 Bn 1.95 Bn 1.82 Bn

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 -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