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
DateValue
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