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Side-by-side financial comparison of Flex LNG Ltd. (FLNG) and Liberty Broadband Corp (LBRDA). Click either name above to swap in a different company.

Liberty Broadband Corp is the larger business by last-quarter revenue ($261.0M vs $173.2M, roughly 1.5× Flex LNG Ltd.). Liberty Broadband Corp runs the higher net margin — 146.7% vs 22.2%, a 124.6% gap on every dollar of revenue. On growth, Liberty Broadband Corp posted the faster year-over-year revenue change (6.1% vs -4.5%).

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 ...

Liberty Global Ltd. is a British-Dutch-American multinational telecommunications company domiciled in Bermuda, with headquarters in London, Amsterdam and Denver. Its respective legal names are Liberty Global Holdings Limited (UK), Liberty Global B.V. (Netherlands) and Liberty Global, Inc., with the first of these being publicly traded. It was formed in 2005 by the merger of the international arm of Liberty Media and UnitedGlobalCom (UGC).

FLNG vs LBRDA — Head-to-Head

Bigger by revenue
LBRDA
LBRDA
1.5× larger
LBRDA
$261.0M
$173.2M
FLNG
Growing faster (revenue YoY)
LBRDA
LBRDA
+10.6% gap
LBRDA
6.1%
-4.5%
FLNG
Higher net margin
LBRDA
LBRDA
124.6% more per $
LBRDA
146.7%
22.2%
FLNG

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
FLNG
FLNG
LBRDA
LBRDA
Revenue
$173.2M
$261.0M
Net Profit
$38.4M
$383.0M
Gross Margin
Operating Margin
48.9%
15.7%
Net Margin
22.2%
146.7%
Revenue YoY
-4.5%
6.1%
Net Profit YoY
-38.7%
96.4%
EPS (diluted)
$0.71
$2.68

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FLNG
FLNG
LBRDA
LBRDA
Q4 25
$173.2M
Q2 25
$261.0M
Q1 25
$266.0M
Q4 24
$181.4M
$263.0M
Q3 24
$262.0M
Q2 24
$246.0M
Q1 24
$245.0M
Q4 23
$191.8M
$250.0M
Net Profit
FLNG
FLNG
LBRDA
LBRDA
Q4 25
$38.4M
Q2 25
$383.0M
Q1 25
$268.0M
Q4 24
$62.6M
$291.0M
Q3 24
$142.0M
Q2 24
$195.0M
Q1 24
$241.0M
Q4 23
$64.5M
$205.0M
Operating Margin
FLNG
FLNG
LBRDA
LBRDA
Q4 25
48.9%
Q2 25
15.7%
Q1 25
16.2%
Q4 24
55.9%
4.9%
Q3 24
11.5%
Q2 24
8.5%
Q1 24
11.4%
Q4 23
59.4%
-39.6%
Net Margin
FLNG
FLNG
LBRDA
LBRDA
Q4 25
22.2%
Q2 25
146.7%
Q1 25
100.8%
Q4 24
34.5%
110.6%
Q3 24
54.2%
Q2 24
79.3%
Q1 24
98.4%
Q4 23
33.6%
82.0%
EPS (diluted)
FLNG
FLNG
LBRDA
LBRDA
Q4 25
$0.71
Q2 25
$2.68
Q1 25
$1.87
Q4 24
$1.16
$2.04
Q3 24
$0.99
Q2 24
$1.36
Q1 24
$1.69
Q4 23
$1.19
$1.40

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FLNG
FLNG
LBRDA
LBRDA
Cash + ST InvestmentsLiquidity on hand
$447.6M
$180.0M
Total DebtLower is stronger
$1.9B
$3.1B
Stockholders' EquityBook value
$719.3M
$10.4B
Total Assets
$2.6B
$16.6B
Debt / EquityLower = less leverage
2.59×
0.30×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FLNG
FLNG
LBRDA
LBRDA
Q4 25
$447.6M
Q2 25
$180.0M
Q1 25
$226.0M
Q4 24
$437.2M
$163.0M
Q3 24
$168.0M
Q2 24
$73.0M
Q1 24
$108.0M
Q4 23
$410.4M
$79.0M
Total Debt
FLNG
FLNG
LBRDA
LBRDA
Q4 25
$1.9B
Q2 25
$3.1B
Q1 25
$3.8B
Q4 24
$1.8B
$3.8B
Q3 24
$3.7B
Q2 24
$3.6B
Q1 24
$3.6B
Q4 23
$1.8B
$3.7B
Stockholders' Equity
FLNG
FLNG
LBRDA
LBRDA
Q4 25
$719.3M
Q2 25
$10.4B
Q1 25
$10.1B
Q4 24
$806.6M
$9.8B
Q3 24
$9.5B
Q2 24
$9.3B
Q1 24
$9.1B
Q4 23
$847.7M
$9.0B
Total Assets
FLNG
FLNG
LBRDA
LBRDA
Q4 25
$2.6B
Q2 25
$16.6B
Q1 25
$17.0B
Q4 24
$2.7B
$16.7B
Q3 24
$16.3B
Q2 24
$16.0B
Q1 24
$15.7B
Q4 23
$2.7B
$15.6B
Debt / Equity
FLNG
FLNG
LBRDA
LBRDA
Q4 25
2.59×
Q2 25
0.30×
Q1 25
0.38×
Q4 24
2.26×
0.38×
Q3 24
0.39×
Q2 24
0.39×
Q1 24
0.40×
Q4 23
2.15×
0.41×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FLNG
FLNG
LBRDA
LBRDA
Operating Cash FlowLast quarter
$73.7M
$91.0M
Free Cash FlowOCF − Capex
$37.0M
FCF MarginFCF / Revenue
14.2%
Capex IntensityCapex / Revenue
20.7%
Cash ConversionOCF / Net Profit
1.92×
0.24×
TTM Free Cash FlowTrailing 4 quarters
$-49.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FLNG
FLNG
LBRDA
LBRDA
Q4 25
$73.7M
Q2 25
$91.0M
Q1 25
$78.0M
Q4 24
$100.4M
$1.0M
Q3 24
$24.0M
Q2 24
$27.0M
Q1 24
$52.0M
Q4 23
$100.4M
$62.0M
Free Cash Flow
FLNG
FLNG
LBRDA
LBRDA
Q4 25
Q2 25
$37.0M
Q1 25
$13.0M
Q4 24
$-63.0M
Q3 24
$-36.0M
Q2 24
$-35.0M
Q1 24
$-9.0M
Q4 23
$-11.0M
FCF Margin
FLNG
FLNG
LBRDA
LBRDA
Q4 25
Q2 25
14.2%
Q1 25
4.9%
Q4 24
-24.0%
Q3 24
-13.7%
Q2 24
-14.2%
Q1 24
-3.7%
Q4 23
-4.4%
Capex Intensity
FLNG
FLNG
LBRDA
LBRDA
Q4 25
Q2 25
20.7%
Q1 25
24.4%
Q4 24
24.3%
Q3 24
22.9%
Q2 24
25.2%
Q1 24
24.9%
Q4 23
29.2%
Cash Conversion
FLNG
FLNG
LBRDA
LBRDA
Q4 25
1.92×
Q2 25
0.24×
Q1 25
0.29×
Q4 24
1.60×
0.00×
Q3 24
0.17×
Q2 24
0.14×
Q1 24
0.22×
Q4 23
1.56×
0.30×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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