Flex LNG (FLNG) Profit After Tax (2018 - 2026)
Flex LNG's (FLNG) quarterly Profit After Tax came in at $14.2 million in Q1 2026, up 9.01% year-over-year from $13.1 million in Q1 2025, and down 7.93% quarter-over-quarter from $15.5 million in Q4 2025.
Analysis
Flex LNG (FLNG) Profit After Tax (2018 - 2026) Analysis & Trends
Flex LNG has disclosed Profit After Tax across 9 years of filings, most recently posting $14.2 million for Q1 2026.
- In Q1 2026, Profit After Tax rose 9.01% year-over-year to $14.2 million; the TTM figure through Mar 2026 stood at $55.0 million (down 33.66% YoY), while the FY2025 annual figure was $53.5 million, down 37.7% from the prior year.
- Profit After Tax came in at $14.2 million for Q1 2026 at Flex LNG, down from $15.5 million in the prior quarter.
- In the past five years, Profit After Tax ranged from a high of $44.0 million in Q1 2022 to a low of $12.2 million in Q3 2025.
- Average Profit After Tax over 5 years is $23.9 million, with a median of $24.7 million recorded in 2024.
- Year-over-year, Profit After Tax surged 172.47% in 2022 and tumbled 72.22% in 2023.
- Over 5 years, Profit After Tax stood at $30.5 million in 2022, then slumped by 53.34% to $14.2 million in 2023, then jumped by 127.25% to $32.4 million in 2024, then tumbled by 52.26% to $15.5 million in 2025, then decreased by 7.93% to $14.2 million in 2026.
- Per Business Quant data, the three most recent Profit After Tax figures were $14.2 million in Q1 2026, $15.5 million in Q4 2025, and $12.2 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | 658.97 Mn |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 89.80 Mn |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | 129.40 Mn |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 294.93 Mn |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | 277.80 Mn |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | 733.21 Mn |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | 387.54 Mn |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 144.95 Mn |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | 338.30 Mn |
| 10 | Flex LNG | 1.70 Bn | 1.31 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 14.23 Mn |
| Dec 31, 2025 | 15.45 Mn |
| Sep 30, 2025 | 12.22 Mn |
| Mar 31, 2025 | 13.05 Mn |
| Dec 31, 2024 | 32.37 Mn |
| Sep 30, 2024 | 12.76 Mn |
| Mar 31, 2024 | 24.66 Mn |
| Dec 31, 2023 | 14.24 Mn |
| Sep 30, 2023 | 33.64 Mn |
| Jun 30, 2023 | 29.05 Mn |
| Mar 31, 2023 | 12.23 Mn |
| Dec 31, 2022 | 30.52 Mn |
| Sep 30, 2022 | 35.72 Mn |
| Jun 30, 2022 | 34.71 Mn |
| Mar 31, 2022 | 44.02 Mn |
| Dec 31, 2021 | 55.08 Mn |
| Sep 30, 2021 | 26.06 Mn |
| Jun 30, 2021 | 12.74 Mn |
| Dec 31, 2020 | 19.80 Mn |
| Sep 30, 2020 | -39.25 Mn |