Flex LNG (FLNG) Operating Income (2018 - 2026)
Flex LNG (FLNG) posted Operating Income of $83.6 million for Q1 2026, down 6.1% sequentially from $89.0 million in Q4 2025, and down 8.55% YoY from $91.4 million in Q1 2025.
Flex LNG (FLNG) Operating Income (2018 - 2026) Analysis & Trends
Flex LNG has reported Operating Income for 9 years, with the latest figure at $83.6 million in Q1 2026.
- Quarterly Operating Income fell 8.55% year-over-year to $83.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $349.5 million (down 5.14% YoY) and the FY2025 annual result came in at $175.8 million, down 11.12% from the prior year.
- Operating Income fell to $83.6 million in Q1 2026 per FLNG's latest filing, from $89.0 million in the prior quarter.
- Over five years, Operating Income peaked at $102.2 million in Q4 2022 and troughed at $80.7 million in Q1 2022.
- A 5-year average of $92.1 million and a median of $91.4 million in 2025 frame the typical range for Operating Income.
- The widest YoY moves for Operating Income: up 26.54% in 2022, down 13.97% in 2022.
- Over 5 years, Operating Income stood at $102.2 million in 2022, then decreased by 2.49% to $99.7 million in 2023, then declined by 4.69% to $95.0 million in 2024, then declined by 6.29% to $89.0 million in 2025, then slipped by 6.1% to $83.6 million in 2026.
- According to Business Quant data, Operating Income over the past three periods registered $83.6 million, $89.0 million, and $88.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 1.35 Bn |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 2.10 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 2.25 Bn |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 3.57 Bn |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | 384.60 Mn |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 1.38 Bn |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 1.59 Bn |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 1.23 Bn |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 4.29 Bn |
| 10 | Flex LNG | 1.67 Bn | 1.28 Bn | 61.79 Mn | 83.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 83.60 Mn |
| Dec 31, 2025 | 89.03 Mn |
| Sep 30, 2025 | 88.19 Mn |
| Jun 30, 2025 | 88.72 Mn |
| Mar 31, 2025 | 91.41 Mn |
| Dec 31, 2024 | 95.00 Mn |
| Sep 30, 2024 | 93.54 Mn |
| Jun 30, 2024 | 88.54 Mn |
| Mar 31, 2024 | 94.63 Mn |
| Dec 31, 2023 | 99.68 Mn |
| Sep 30, 2023 | 98.67 Mn |
| Jun 30, 2023 | 89.88 Mn |
| Mar 31, 2023 | 98.26 Mn |
| Dec 31, 2022 | 102.23 Mn |
| Sep 30, 2022 | 94.31 Mn |
| Jun 30, 2022 | 88.62 Mn |
| Mar 31, 2022 | 80.73 Mn |
| Dec 31, 2021 | 118.82 Mn |
| Sep 30, 2021 | 86.11 Mn |
| Jun 30, 2021 | 70.03 Mn |