Golar Lng (GLNG) Operating Expenses (2009 - 2026)
Golar Lng's (GLNG) quarterly Operating Expenses came in at -$70.4 million in Q1 2026, down 30.33% YoY from -$101.0 million in Q1 2025, and down 196.97% on a QoQ basis from $72.6 million in Q4 2025.
Golar Lng (GLNG) Operating Expenses (2009 - 2026) Analysis & Trends
Golar Lng (GLNG) has 18 years of Operating Expenses data on file, last reported at -$70.4 million in 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 slipped to -$70.4 million in Q1 2026, from $72.6 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $452.7 million in Q4 2022 to a low of -$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 slumped 81.78%.
- Tracing GLNG's Operating Expenses over 5 years: stood at $452.7 million in 2022, then decreased by 12.15% to $397.7 million in 2023, then advanced by 0.2% to $398.5 million in 2024, then tumbled by 81.78% to $72.6 million in 2025, then slumped by 196.97% to -$70.4 million in 2026.
- The last three Operating Expenses figures came in at -$70.4 million (Q1 2026), $72.6 million (Q4 2025), and -$74.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 3.13 Bn |
| 2 | Enbridge | 111.07 Bn | 109.57 Bn | 5.23 Bn | 19.09 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 16.13 Bn |
| 4 | Energy Transfer | 72.38 Bn | 71.35 Bn | 7.40 Bn | 30.76 Bn |
| 5 | Tc Energy | 65.96 Bn | 58.40 Bn | 1.24 Bn | 851.61 Mn |
| 6 | Oneok | 60.08 Bn | 59.92 Bn | 2.81 Bn | 4.00 Mn |
| 7 | Mplx | 60.06 Bn | 59.03 Bn | 2.73 Bn | 1.93 Bn |
| 8 | Targa Resources | 59.31 Bn | 59.18 Bn | 2.14 Bn | 354.10 Mn |
| 9 | Cheniere Energy | 56.08 Bn | 54.82 Bn | 5.29 Bn | 1.44 Bn |
| 10 | Golar Lng | 5.74 Bn | 4.52 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 |