Golar Lng (GLNG) Operating Expenses (2009 - 2026)
Golar Lng (GLNG) posted Operating Expenses of -$70.4 million for Q1 2026, down 196.97% on a QoQ basis from $72.6 million in Q4 2025, and down 30.33% year-over-year from -$101.0 million in Q1 2025.
Golar Lng (GLNG) Operating Expenses (2009 - 2026) Analysis & Trends
Golar Lng's Operating Expenses history runs 18 years deep, the most recent figure standing at -$70.4 million for Q1 2026.
- Quarterly Operating Expenses fell 30.33% year-over-year to -$70.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$129.2 million (down 155.71% YoY) and the FY2025 annual result came in at $258.0 million, up 8.44% from the prior year.
- Operating Expenses was -$70.4 million for Q1 2026 at Golar Lng, down from $72.6 million in the prior quarter.
- Across five years, Operating Expenses topped out at $452.7 million in Q4 2022 and bottomed at -$120.8 million in Q2 2022.
- A 5-year average of $30.9 million and a median of -$54.0 million in 2025 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses soared 1203.77% — and 2025, when it sank 81.78%.
- Golar Lng's Operating Expenses stood at $452.7 million in 2022, then dropped by 12.15% to $397.7 million in 2023, then grew by 0.2% to $398.5 million in 2024, then sank by 81.78% to $72.6 million in 2025, then plunged by 196.97% to -$70.4 million in 2026.
- Business Quant data shows GLNG's Operating Expenses at -$70.4 million in Q1 2026, $72.6 million in Q4 2025, and -$74.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 78.81 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | -21.81 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 3.13 Bn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 13.95 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 12.50 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 915.00 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 24.79 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 333.70 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 7.00 Mn |
| 10 | Golar Lng | 7.18 Bn | 5.68 Bn | 137.52 Mn | -70.39 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -70.39 Mn |
| Dec 31, 2025 | 72.59 Mn |
| Sep 30, 2025 | -74.65 Mn |
| Jun 30, 2025 | -56.71 Mn |
| Mar 31, 2025 | -54.01 Mn |
| Dec 31, 2024 | 398.48 Mn |
| Sep 30, 2024 | -56.46 Mn |
| Jun 30, 2024 | -56.14 Mn |
| Mar 31, 2024 | -48.00 Mn |
| Dec 31, 2023 | 397.69 Mn |
| Sep 30, 2023 | -47.65 Mn |
| Jun 30, 2023 | -68.95 Mn |
| Mar 31, 2023 | -59.85 Mn |
| Dec 31, 2022 | 452.69 Mn |
| Sep 30, 2022 | -39.11 Mn |
| Jun 30, 2022 | -120.75 Mn |
| Mar 31, 2022 | -43.58 Mn |
| Dec 31, 2021 | -41.01 Mn |
| Sep 30, 2021 | -69.72 Mn |
| Jun 30, 2021 | -69.50 Mn |