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Flex LNG Ltd.

Flex LNG Ltd.FLNGEarnings & Financial Report

NYSE · LNG carrier

Golar LNG owns and operates marine LNG infrastructure. The company had developed Floating LNG liquefaction terminal (FLNG) and Floating Storage and Regasification Unit (FSRU) projects based on the conversion of existing LNG carriers. Front End Engineering and Design (FEED) studies have now been completed for a larger newbuild FLNG solution. Golar is also collaborating with another industry leader to investigate solutions for the floating production of blue and green ammonia as well as carbon ...

Q4 2025Q4 2024Q4 2023Q4 2022

Revenue

$181.4M

Gross Profit

N/A

Operating Profit

$101.4M

Net Profit

$62.6M

Gross Margin

N/A

Operating Margin

55.9%

Net Margin

34.5%

YoY Growth

-5.4%

EPS

$1.16

Financial Flow

Flex LNG Ltd. Q4 2024 Financial Summary

Flex LNG Ltd. reported revenue of $181.4M (down 5.4% YoY) for Q4 2024, with a net profit of $62.6M (down 2.9% YoY) (34.5% margin). Cost of goods sold was N/A.

Key Financial Metrics

Total Revenue$181.4M
Net Profit$62.6M
Gross MarginN/A
Operating Margin55.9%
Report PeriodQ4 2024

Flex LNG Ltd. Quarterly Revenue & Net Profit History

Flex LNG Ltd. results over the last 4 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q4 2025$173.2M-4.5%$38.4M22.2%
Q4 2024$181.4M-5.4%$62.6M34.5%
Q4 2023$191.8M+1.4%$64.5M33.6%
Q4 2022$189.2M-3.6%$88.0M46.5%

Income Statement

Q4 2022Q4 2023Q4 2024Q4 2025
Revenue$189.2M$191.8M$181.4M$173.2M
YoY Growth-3.6%1.4%-5.4%-4.5%

Balance Sheet

Q4 2022Q4 2023Q4 2024Q4 2025
Assets$2.68B$2.71B$2.67B$2.62B
Liabilities$1.77B$1.86B$1.86B$1.90B
Equity$907.1M$847.7M$806.6M$719.3M

Cash Flow

Q4 2022Q4 2023Q4 2024Q4 2025
Operating CF$125.3M$100.4M$100.4M$73.7M