Flex LNG (FLNG) Revenue (2018 - 2026)
Flex LNG's (FLNG) quarterly Revenue came in at $58.7 million in Q1 2026, down 4.81% year-over-year from $61.6 million in Q1 2025, and down 6.53% quarter-over-quarter from $62.8 million in Q4 2025.
Analysis
Flex LNG (FLNG) Revenue (2018 - 2026) Analysis & Trends
Flex LNG has disclosed Revenue across 9 years of filings, most recently posting $58.7 million for Q1 2026.
- In Q1 2026, Revenue fell 4.81% year-over-year to $58.7 million; the TTM figure through Mar 2026 stood at $245.3 million (down 5.65% YoY), while the FY2025 annual figure was $248.8 million, down 4.41% from the prior year.
- Revenue came in at $58.7 million for Q1 2026 at Flex LNG, down from $62.8 million in the prior quarter.
- In the past five years, Revenue ranged from a high of $72.1 million in Q4 2022 to a low of $58.7 million in Q1 2026.
- Average Revenue over 5 years is $65.7 million, with a median of $66.0 million recorded in 2022.
- Year-over-year, Revenue slipped 20.64% in 2022 and grew 16.19% in 2023.
- Over 5 years, Revenue stood at $72.1 million in 2022, then declined by 1.0% to $71.4 million in 2023, then declined by 8.86% to $65.1 million in 2024, then decreased by 3.57% to $62.8 million in 2025, then retreated by 6.53% to $58.7 million in 2026.
- Per Business Quant data, the three most recent Revenue figures were $58.7 million in Q1 2026, $62.8 million in Q4 2025, and $62.3 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | 943.30 Mn |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 922.40 Mn |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | 969.40 Mn |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 467.29 Mn |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | 815.78 Mn |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | 1.22 Bn |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | 408.73 Mn |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 357.41 Mn |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | 662.80 Mn |
| 10 | Flex LNG | 1.70 Bn | 1.31 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 58.67 Mn |
| Dec 31, 2025 | 62.77 Mn |
| Sep 30, 2025 | 62.26 Mn |
| Mar 31, 2025 | 61.63 Mn |
| Dec 31, 2024 | 65.10 Mn |
| Sep 30, 2024 | 66.33 Mn |
| Mar 31, 2024 | 66.96 Mn |
| Dec 31, 2023 | 71.42 Mn |
| Sep 30, 2023 | 70.55 Mn |
| Jun 30, 2023 | 64.56 Mn |
| Mar 31, 2023 | 68.40 Mn |
| Dec 31, 2022 | 72.14 Mn |
| Sep 30, 2022 | 69.97 Mn |
| Jun 30, 2022 | 66.01 Mn |
| Mar 31, 2022 | 58.87 Mn |
| Dec 31, 2021 | 90.91 Mn |
| Sep 30, 2021 | 64.95 Mn |
| Jun 30, 2021 | 65.84 Mn |
| Dec 31, 2020 | 51.68 Mn |
| Sep 30, 2020 | 33.15 Mn |