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Side-by-side financial comparison of Flex LNG Ltd. (FLNG) and ROGERS CORP (ROG). Click either name above to swap in a different company.

ROGERS CORP is the larger business by last-quarter revenue ($200.5M vs $173.2M, roughly 1.2× Flex LNG Ltd.). Flex LNG Ltd. runs the higher net margin — 22.2% vs 2.2%, a 19.9% gap on every dollar of revenue. On growth, ROGERS CORP posted the faster year-over-year revenue change (5.2% 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 ...

Rogers Corporation is a specialty engineered materials company headquartered in Chandler, Arizona.

FLNG vs ROG — Head-to-Head

Bigger by revenue
ROG
ROG
1.2× larger
ROG
$200.5M
$173.2M
FLNG
Growing faster (revenue YoY)
ROG
ROG
+9.8% gap
ROG
5.2%
-4.5%
FLNG
Higher net margin
FLNG
FLNG
19.9% more per $
FLNG
22.2%
2.2%
ROG

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
FLNG
FLNG
ROG
ROG
Revenue
$173.2M
$200.5M
Net Profit
$38.4M
$4.5M
Gross Margin
32.2%
Operating Margin
48.9%
Net Margin
22.2%
2.2%
Revenue YoY
-4.5%
5.2%
Net Profit YoY
-38.7%
421.4%
EPS (diluted)
$0.71
$0.25

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
ROG
ROG
Q1 26
$200.5M
Q4 25
$173.2M
$201.5M
Q3 25
$216.0M
Q2 25
$202.8M
Q1 25
$190.5M
Q4 24
$181.4M
$192.2M
Q3 24
$210.3M
Q2 24
$214.2M
Net Profit
FLNG
FLNG
ROG
ROG
Q1 26
$4.5M
Q4 25
$38.4M
$4.6M
Q3 25
$8.6M
Q2 25
$-73.6M
Q1 25
$-1.4M
Q4 24
$62.6M
$-500.0K
Q3 24
$10.7M
Q2 24
$8.1M
Gross Margin
FLNG
FLNG
ROG
ROG
Q1 26
32.2%
Q4 25
31.5%
Q3 25
33.5%
Q2 25
31.6%
Q1 25
29.9%
Q4 24
32.1%
Q3 24
35.2%
Q2 24
34.1%
Operating Margin
FLNG
FLNG
ROG
ROG
Q1 26
Q4 25
48.9%
3.5%
Q3 25
7.3%
Q2 25
-33.3%
Q1 25
-0.2%
Q4 24
55.9%
-6.6%
Q3 24
6.9%
Q2 24
5.3%
Net Margin
FLNG
FLNG
ROG
ROG
Q1 26
2.2%
Q4 25
22.2%
2.3%
Q3 25
4.0%
Q2 25
-36.3%
Q1 25
-0.7%
Q4 24
34.5%
-0.3%
Q3 24
5.1%
Q2 24
3.8%
EPS (diluted)
FLNG
FLNG
ROG
ROG
Q1 26
$0.25
Q4 25
$0.71
$0.20
Q3 25
$0.48
Q2 25
$-4.00
Q1 25
$-0.08
Q4 24
$1.16
$-0.04
Q3 24
$0.58
Q2 24
$0.44

Balance Sheet & Financial Strength

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

Metric
FLNG
FLNG
ROG
ROG
Cash + ST InvestmentsLiquidity on hand
$447.6M
$195.8M
Total DebtLower is stronger
$1.9B
Stockholders' EquityBook value
$719.3M
$1.2B
Total Assets
$2.6B
$1.4B
Debt / EquityLower = less leverage
2.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FLNG
FLNG
ROG
ROG
Q1 26
$195.8M
Q4 25
$447.6M
$197.0M
Q3 25
$167.8M
Q2 25
$157.2M
Q1 25
$175.6M
Q4 24
$437.2M
$159.8M
Q3 24
$146.4M
Q2 24
$119.9M
Total Debt
FLNG
FLNG
ROG
ROG
Q1 26
Q4 25
$1.9B
Q3 25
Q2 25
Q1 25
Q4 24
$1.8B
Q3 24
Q2 24
Stockholders' Equity
FLNG
FLNG
ROG
ROG
Q1 26
$1.2B
Q4 25
$719.3M
$1.2B
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
$1.3B
Q4 24
$806.6M
$1.3B
Q3 24
$1.3B
Q2 24
$1.3B
Total Assets
FLNG
FLNG
ROG
ROG
Q1 26
$1.4B
Q4 25
$2.6B
$1.4B
Q3 25
$1.4B
Q2 25
$1.5B
Q1 25
$1.5B
Q4 24
$2.7B
$1.5B
Q3 24
$1.5B
Q2 24
$1.5B
Debt / Equity
FLNG
FLNG
ROG
ROG
Q1 26
Q4 25
2.59×
Q3 25
Q2 25
Q1 25
Q4 24
2.26×
Q3 24
Q2 24

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
ROG
ROG
Operating Cash FlowLast quarter
$73.7M
$5.8M
Free Cash FlowOCF − Capex
$1.1M
FCF MarginFCF / Revenue
0.5%
Capex IntensityCapex / Revenue
2.3%
Cash ConversionOCF / Net Profit
1.92×
1.29×
TTM Free Cash FlowTrailing 4 quarters
$70.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FLNG
FLNG
ROG
ROG
Q1 26
$5.8M
Q4 25
$73.7M
$46.9M
Q3 25
$28.9M
Q2 25
$13.7M
Q1 25
$11.7M
Q4 24
$100.4M
$33.7M
Q3 24
$42.4M
Q2 24
$22.9M
Free Cash Flow
FLNG
FLNG
ROG
ROG
Q1 26
$1.1M
Q4 25
$42.2M
Q3 25
$21.2M
Q2 25
$5.6M
Q1 25
$2.1M
Q4 24
$18.3M
Q3 24
$25.2M
Q2 24
$8.8M
FCF Margin
FLNG
FLNG
ROG
ROG
Q1 26
0.5%
Q4 25
20.9%
Q3 25
9.8%
Q2 25
2.8%
Q1 25
1.1%
Q4 24
9.5%
Q3 24
12.0%
Q2 24
4.1%
Capex Intensity
FLNG
FLNG
ROG
ROG
Q1 26
2.3%
Q4 25
2.3%
Q3 25
3.6%
Q2 25
4.0%
Q1 25
5.0%
Q4 24
8.0%
Q3 24
8.2%
Q2 24
6.6%
Cash Conversion
FLNG
FLNG
ROG
ROG
Q1 26
1.29×
Q4 25
1.92×
10.20×
Q3 25
3.36×
Q2 25
Q1 25
Q4 24
1.60×
Q3 24
3.96×
Q2 24
2.83×

Financial Flow Comparison

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

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