Golar Lng (GLNG) Operating Expenses (2009 - 2026)
Golar Lng (GLNG) reported Operating Expenses of -$70.4 million for Q1 2026, down 230.33% on a YoY basis from $54.0 million in Q1 2025, and down 196.97% quarter-over-quarter from $72.6 million in Q4 2025.
Golar Lng (GLNG) Operating Expenses (2009 - 2026) Analysis & Trends
Golar Lng has reported Operating Expenses for 18 years, with the latest figure at -$70.4 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 230.33% year-over-year to -$70.4 million; the trailing twelve-month figure through Sep 2026 stood at $2.2 million (down 99.32% YoY), and the FY2025 full-year result was $258.0 million, up 8.44% from the prior year.
- Operating Expenses for Q1 2026 stood at -$70.4 million, down from $72.6 million in the prior quarter.
- The five-year high for Operating Expenses was $452.7 million in Q4 2022, with the low at -$120.8 million in Q2 2022.
- Historically, Operating Expenses has averaged $37.2 million across 5 years, with a median of -$48.0 million in 2024.
- Annual changes were most pronounced in 2022 — Operating Expenses soared 1203.77% — and 2026, when it sank 230.33%.
- Golar Lng's Operating Expenses 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 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 13.95 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 12.50 Bn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 3.38 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 1.70 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | -93.35 Mn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 1.82 Bn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 333.70 Mn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 7.00 Mn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 915.00 Mn |
| 10 | Golar Lng | 5.59 Bn | 4.62 Bn | - | - |
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 |