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| 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 |