Flex LNG (FLNG) Operating Income (2018 - 2026)
Flex LNG (FLNG) reported Operating Income of $83.6 million for Q1 2026, down 8.55% on a YoY basis from $91.4 million in Q1 2025, and down 6.1% sequentially from $89.0 million in Q4 2025.
Flex LNG (FLNG) Operating Income (2018 - 2026) Analysis & Trends
Flex LNG (FLNG) has 9 years of Operating Income data on file, last reported at $83.6 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Income fell 8.55% year-over-year to $83.6 million; the trailing twelve-month figure through Mar 2026 stood at $349.5 million (down 5.14% YoY), and the FY2025 full-year result was $175.8 million, down 11.12% from the prior year.
- Operating Income fell to $83.6 million in Q1 2026, from $89.0 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of $102.2 million in Q4 2022 to a low of $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.
- Peak annual rise in Operating Income reached 26.54% in 2022, while the deepest fall reached 13.97% in 2022.
- Tracing FLNG's Operating Income over 5 years: stood at $102.2 million in 2022, then declined by 2.49% to $99.7 million in 2023, then decreased by 4.69% to $95.0 million in 2024, then decreased by 6.29% to $89.0 million in 2025, then fell by 6.1% to $83.6 million in 2026.
- Business Quant data shows FLNG's Operating Income at $83.6 million in Q1 2026, $89.0 million in Q4 2025, and $88.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 167.66 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 83.60 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 1.35 Bn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 2.35 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 1.90 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 441.01 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 2.98 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 846.90 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 1.43 Bn |
| 10 | Mplx | 58.39 Bn | 56.89 Bn | 1.95 Bn | 1.21 Bn |
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 |