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
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