Flex LNG FLNG
NYSE FLNG
$31.50 +0.22 (+0.70%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Flex LNG's (FLNG) quarterly Operating Expenses came in at -$15.9 million in Q1 2026, down 8.21% year-over-year from -$17.3 million in Q1 2025, and down 2.84% quarter-over-quarter from -$15.5 million in Q4 2025.

Analysis

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

Flex LNG has disclosed Operating Expenses across 9 years of filings, most recently posting -$15.9 million for Q1 2026.

  • In Q1 2026, Operating Expenses fell 8.21% year-over-year to -$15.9 million; the TTM figure through Mar 2026 stood at -$61.5 million (changed 0.49% YoY), while the FY2025 annual figure was -$60.5 million, up 2.8% from the prior year.
  • Operating Expenses came in at -$15.9 million for Q1 2026 at Flex LNG, down from -$15.5 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of -$14.7 million in Q1 2025 to a low of -$16.2 million in Q1 2022.
  • Average Operating Expenses over 5 years is -$15.5 million, with a median of -$15.6 million recorded in 2022.
  • Year-over-year, Operating Expenses increased 20.86% in 2022 and retreated 8.21% in 2026.
  • Over 5 years, Operating Expenses stood at -$15.1 million in 2022, then dropped by 1.49% to -$15.3 million in 2023, then slipped by 1.58% to -$15.6 million in 2024, then grew by 0.69% to -$15.5 million in 2025, then fell by 2.84% to -$15.9 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were -$15.9 million in Q1 2026, -$15.5 million in Q4 2025, and -$15.5 million in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Frontline 10.27 Bn 9.94 Bn - 347.18 Mn
2 Kirby 7.43 Bn 7.39 Bn 290.80 Mn 800.04 Mn
3 Matson 6.74 Bn 6.62 Bn - 810.50 Mn
4 International Seaways 5.17 Bn 5.17 Bn 467.16 Mn 168.38 Mn
5 Hafnia 4.59 Bn 4.31 Bn 372.91 Mn -47.20 Mn
6 Cmb.Tech 4.47 Bn 4.31 Bn 970.62 Mn -783.93 Mn
7 Scorpio Tankers 4.26 Bn 2.42 Bn 343.91 Mn -10.41 Mn
8 Star Bulk Carriers 3.68 Bn 3.11 Bn 299.80 Mn 202.38 Mn
9 Torm 3.56 Bn -626.52 Mn 652.00 Mn -72.60 Mn
10 Flex LNG 1.70 Bn 1.31 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2026 -15.90 Mn
Dec 31, 2025 -15.46 Mn
Sep 30, 2025 -15.45 Mn
Mar 31, 2025 -14.70 Mn
Dec 31, 2024 -15.57 Mn
Sep 30, 2024 -15.31 Mn
Mar 31, 2024 -15.63 Mn
Dec 31, 2023 -15.33 Mn
Sep 30, 2023 -15.68 Mn
Jun 30, 2023 -15.22 Mn
Mar 31, 2023 -15.89 Mn
Dec 31, 2022 -15.10 Mn
Sep 30, 2022 -15.75 Mn
Jun 30, 2022 -15.55 Mn
Mar 31, 2022 -16.19 Mn
Dec 31, 2021 -16.06 Mn
Sep 30, 2021 -15.78 Mn
Jun 30, 2021 -19.65 Mn
Dec 31, 2020 -11.94 Mn
Sep 30, 2020 -12.27 Mn