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| 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 |