Flex LNG (FLNG) Operating Income (2018 - 2026)
Flex LNG's (FLNG) quarterly Operating Income came in at $34.2 million in Q1 2026, down 27.62% year-on-year from $47.3 million in Q1 2025, and down 19.75% quarter-over-quarter from $42.6 million in Q4 2025.
Flex LNG (FLNG) Operating Income (2018 - 2026) Analysis & Trends
Flex LNG has disclosed Operating Income across 9 years of filings, most recently posting $34.2 million for Q1 2026.
- Operating Income for Q1 2026 came in at $34.2 million, down 27.62% year-over-year; the trailing twelve-month figure through Mar 2026 was $162.8 million (down 15.72% YoY), and the FY2025 annual result was $175.8 million, down 11.12% from the prior year.
- Operating Income came in at $34.2 million for Q1 2026 at Flex LNG, down from $42.6 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of $61.0 million in Q4 2022 to a low of $34.2 million in Q1 2026.
- The 5-year median for Operating Income is $48.5 million (2022), against an average of $48.6 million.
- Across the five-year window, Operating Income soared 62.87% in 2022 and fell 27.62% in 2026, its largest moves.
- Flex LNG's Operating Income stood at $61.0 million in 2022, then slipped by 5.38% to $57.7 million in 2023, then fell by 13.59% to $49.9 million in 2024, then dropped by 14.56% to $42.6 million in 2025, then decreased by 19.75% to $34.2 million in 2026.
- The last three Operating Income figures came in at $34.2 million (Q1 2026), $42.6 million (Q4 2025), and $42.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 2.35 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 1.90 Bn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 1.44 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 2.98 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | 219.52 Mn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 1.21 Bn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 846.90 Mn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 1.43 Bn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 2.03 Bn |
| 10 | Flex LNG | 10,663.20 | -389.06 Mn | 61.79 Mn | 34.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 34.20 Mn |
| Dec 31, 2025 | 42.62 Mn |
| Sep 30, 2025 | 42.01 Mn |
| Jun 30, 2025 | 43.93 Mn |
| Mar 31, 2025 | 47.25 Mn |
| Dec 31, 2024 | 49.88 Mn |
| Sep 30, 2024 | 51.49 Mn |
| Jun 30, 2024 | 44.49 Mn |
| Mar 31, 2024 | 51.94 Mn |
| Dec 31, 2023 | 57.72 Mn |
| Sep 30, 2023 | 56.20 Mn |
| Jun 30, 2023 | 48.22 Mn |
| Mar 31, 2023 | 55.01 Mn |
| Dec 31, 2022 | 61.01 Mn |
| Sep 30, 2022 | 52.80 Mn |
| Jun 30, 2022 | 48.45 Mn |
| Mar 31, 2022 | 38.36 Mn |
| Dec 31, 2021 | 77.28 Mn |
| Sep 30, 2021 | 46.38 Mn |
| Jun 30, 2021 | 29.75 Mn |