Flex LNG (FLNG) Operating Income (2018 - 2026)

Flex LNG (FLNG) reported Operating Income of $34.2 million for Q1 2026, down 27.62% year-over-year from $47.3 million in Q1 2025, and down 19.75% sequentially from $42.6 million in Q4 2025.

Flex LNG (FLNG) Operating Income (2018 - 2026) Analysis & Trends

Flex LNG's Operating Income history runs 9 years deep, the most recent figure standing at $34.2 million for Q1 2026.

  • Quarterly Operating Income fell 27.62% year-over-year to $34.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $162.8 million (down 15.72% YoY) and the FY2025 annual result came in at $175.8 million, down 11.12% from the prior year.
  • Operating Income was $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.
  • Median Operating Income over the past 5 years was $48.5 million (2022), compared with a mean of $48.6 million.
  • Across the five-year window, Operating Income surged 62.87% in 2022 and declined 27.62% in 2026, its largest moves.
  • Over 5 years, Operating Income stood at $61.0 million in 2022, then decreased by 5.38% to $57.7 million in 2023, then declined by 13.59% to $49.9 million in 2024, then slipped by 14.56% to $42.6 million in 2025, then retreated by 19.75% to $34.2 million in 2026.
  • Business Quant data shows FLNG's Operating Income at $34.2 million in Q1 2026, $42.6 million in Q4 2025, and $42.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 2.35 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 1.44 Bn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 1.90 Bn
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 2.98 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 846.90 Mn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 1.21 Bn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 1.43 Bn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 361.00 Mn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 1.15 Bn
10 Flex LNG - - 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