Flex LNG FLNG
NYSE FLNG
$31.50 +0.22 (+0.70%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Flex LNG's (FLNG) quarterly Operating Income came in at $24.9 million in Q1 2026, down 24.27% year-over-year from $32.9 million in Q1 2025, and down 20.83% quarter-over-quarter from $31.5 million in Q4 2025.

Analysis

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

Flex LNG has disclosed Operating Income across 9 years of filings, most recently posting $24.9 million for Q1 2026.

  • In Q1 2026, Operating Income fell 24.27% year-over-year to $24.9 million; the TTM figure through Mar 2026 stood at $119.9 million (down 17.27% YoY), while the FY2025 annual figure was $125.8 million, down 12.9% from the prior year.
  • Operating Income came in at $24.9 million for Q1 2026 at Flex LNG, down from $31.5 million in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $44.9 million in Q4 2022 to a low of $24.9 million in Q1 2026.
  • Average Operating Income over 5 years is $36.4 million, with a median of $37.7 million recorded in 2024.
  • Year-over-year, Operating Income fell 26.7% in 2022 and surged 34.37% in 2023.
  • Over 5 years, Operating Income stood at $44.9 million in 2022, then decreased by 5.66% to $42.4 million in 2023, then decreased by 15.79% to $35.7 million in 2024, then dropped by 11.77% to $31.5 million in 2025, then decreased by 20.83% to $24.9 million in 2026.
  • Per Business Quant data, the three most recent Operating Income figures were $24.9 million in Q1 2026, $31.5 million in Q4 2025, and $30.5 million in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Frontline 10.27 Bn 9.94 Bn - 671.50 Mn
2 Kirby 7.43 Bn 7.39 Bn 290.80 Mn 122.36 Mn
3 Matson 6.74 Bn 6.62 Bn - 158.90 Mn
4 International Seaways 5.17 Bn 5.17 Bn 467.16 Mn 301.35 Mn
5 Hafnia 4.59 Bn 4.31 Bn 372.91 Mn 280.02 Mn
6 Cmb.Tech 4.47 Bn 4.31 Bn 970.62 Mn 871.57 Mn
7 Scorpio Tankers 4.26 Bn 2.42 Bn 343.91 Mn 398.33 Mn
8 Star Bulk Carriers 3.68 Bn 3.11 Bn 299.80 Mn 155.03 Mn
9 Torm 3.56 Bn -626.52 Mn 652.00 Mn 355.10 Mn
10 Flex LNG 1.70 Bn 1.31 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2026 24.94 Mn
Dec 31, 2025 31.50 Mn
Sep 30, 2025 30.52 Mn
Mar 31, 2025 32.93 Mn
Dec 31, 2024 35.71 Mn
Sep 30, 2024 37.74 Mn
Mar 31, 2024 38.54 Mn
Dec 31, 2023 42.40 Mn
Sep 30, 2023 41.92 Mn
Jun 30, 2023 35.90 Mn
Mar 31, 2023 40.69 Mn
Dec 31, 2022 44.94 Mn
Sep 30, 2022 40.48 Mn
Jun 30, 2022 38.00 Mn
Mar 31, 2022 30.28 Mn
Dec 31, 2021 61.31 Mn
Sep 30, 2021 36.84 Mn
Jun 30, 2021 29.75 Mn
Dec 31, 2020 27.84 Mn
Sep 30, 2020 11.21 Mn