Liquefaction Services Revenue was Golar Lng’s largest segment in fiscal 2025, bringing in $226.79M of $367.60M (62%).
| Segment | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Liquefaction Services Revenue | $213.97M | $245.42M | $224.96M | $226.79M | ||||||
| Base Tolling Fee | — | — | — | — | ||||||
| Sales-Type Lease Revenue | — | — | — | $91.46M | ||||||
| Time & Voyage Charter | — | — | — | — | ||||||
| Vessel Management Fees & Other Revenues | $44.09M | $35.09M | $23.07M | $48.47M | ||||||
| Time Charter Revenues - Collaborative Arrangement | — | — | — | — | ||||||
| Time Charter | — | — | — | — | ||||||
| Vessel & Other Management Fees | — | — | — | — | ||||||
| Time & Voyage Charter Revenues | $9.69M | $17.93M | $12.35M | $876.00K | ||||||
| Flng Study | $900.00K | — | — | — | ||||||
| Total | $268.64M | $298.43M | $260.37M | $367.60M |
Golar Lng brought in $367.60M from its four segments in fiscal 2025, the year ended December 31, 2025. Golar Lng regrouped these segments after fiscal 2024, so the total does not compare directly with that year's $260.37M. Liquefaction Services Revenue was the largest at $226.79M (61.7%), ahead of Sales-Type Lease Revenue at $91.46M (24.9%) and Vessel Management Fees & Other Revenues at $48.47M (13.2%). The remaining segment, Time & Voyage Charter Revenues, brought in $876.00K.
Compared with fiscal 2024, Vessel Management Fees & Other Revenues grew 110.1% to $48.47M and Liquefaction Services Revenue grew 0.8% to $226.79M.
Golar Lng began breaking out Sales-Type Lease Revenue in fiscal 2025, when it brought in $91.46M. Golar Lng stopped reporting Flng Study as a separate segment after fiscal 2022, when it brought in $900.00K.
Flng was Golar Lng’s largest segment in fiscal 2025, bringing in $226.79M of $252.72M (90%).
| Statement Business Segments | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Flng | $215.73M | $245.42M | $224.96M | $226.79M | ||||||||||
| Vessels - Flng | — | — | — | — | ||||||||||
| Vessel Operations | — | — | — | — | ||||||||||
| Shipping | $9.69M | — | — | — | ||||||||||
| Corporate & Other | $43.23M | $35.09M | $23.07M | $25.92M | ||||||||||
| Total | $268.64M | $280.50M | $248.03M | $252.72M |
Golar Lng brought in $252.72M from its two segments in fiscal 2025, the year ended December 31, 2025. That is less than the $367.60M it reports by segment, so these segments do not cover all of its revenue. Flng was the largest at $226.79M (89.7%), ahead of Corporate & Other at $25.92M (10.3%).
Compared with fiscal 2024, Corporate & Other grew 12.4% to $25.92M and Flng grew 0.8% to $226.79M.
Golar Lng stopped reporting Shipping as a separate segment after fiscal 2022, when it brought in $9.69M.
Golar Lng (GLNG) reports its revenue by segment and by statement business segments. In fiscal 2025, Liquefaction Services Revenue was its largest segment, bringing in $226.79M (61.7% of the total), followed by Sales-Type Lease Revenue at $91.46M (24.9%).
Liquefaction Services Revenue was Golar Lng's largest segment in fiscal 2025, bringing in $226.79M, or 61.7% of the $367.60M total across its four segments.
Corporate & Other grew faster than Flng in fiscal 2025, up 12.4% from $23.07M to $25.92M. Flng grew 0.8% to $226.79M.
Every figure comes from Golar Lng's annual financial filings, as reported. Each line keeps the name Golar Lng gives it, and years follow its fiscal calendar.
Golar Lng's revenue by segment goes back to fiscal 2016, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.