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Side-by-side financial comparison of Flex LNG Ltd. (FLNG) and SailPoint, Inc. (SAIL). Click either name above to swap in a different company.

SailPoint, Inc. is the larger business by last-quarter revenue ($281.9M vs $173.2M, roughly 1.6× Flex LNG Ltd.). Flex LNG Ltd. runs the higher net margin — 22.2% vs -12.8%, a 34.9% gap on every dollar of revenue. On growth, SailPoint, Inc. posted the faster year-over-year revenue change (6.7% 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 ...

Steel Authority of India Limited (SAIL) is an Indian public sector steel manufacturing corporation based in New Delhi designated as Maharatna CPSE. It is the largest government-owned steel producer, with an annual production of 18.29 million metric tons. Incorporated on 24 January 1973, SAIL has 51,351 employees and is under the administrative control of the Ministry of Steel.

FLNG vs SAIL — Head-to-Head

Bigger by revenue
SAIL
SAIL
1.6× larger
SAIL
$281.9M
$173.2M
FLNG
Growing faster (revenue YoY)
SAIL
SAIL
+11.2% gap
SAIL
6.7%
-4.5%
FLNG
Higher net margin
FLNG
FLNG
34.9% more per $
FLNG
22.2%
-12.8%
SAIL

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
FLNG
FLNG
SAIL
SAIL
Revenue
$173.2M
$281.9M
Net Profit
$38.4M
$-36.0M
Gross Margin
66.3%
Operating Margin
48.9%
-14.8%
Net Margin
22.2%
-12.8%
Revenue YoY
-4.5%
6.7%
Net Profit YoY
-38.7%
-240.9%
EPS (diluted)
$0.71
$-0.06

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
SAIL
SAIL
Q4 25
$173.2M
$281.9M
Q3 25
$264.4M
Q2 25
$230.5M
Q1 25
$240.1M
Q4 24
$181.4M
Q3 24
$198.6M
Q2 24
$187.7M
Q4 23
$191.8M
Net Profit
FLNG
FLNG
SAIL
SAIL
Q4 25
$38.4M
$-36.0M
Q3 25
$-10.6M
Q2 25
$-187.3M
Q1 25
$-80.1M
Q4 24
$62.6M
Q3 24
$-87.1M
Q2 24
$-89.2M
Q4 23
$64.5M
Gross Margin
FLNG
FLNG
SAIL
SAIL
Q4 25
66.3%
Q3 25
67.3%
Q2 25
55.4%
Q1 25
66.5%
Q4 24
Q3 24
62.1%
Q2 24
61.5%
Q4 23
Operating Margin
FLNG
FLNG
SAIL
SAIL
Q4 25
48.9%
-14.8%
Q3 25
-15.4%
Q2 25
-80.3%
Q1 25
-12.6%
Q4 24
55.9%
Q3 24
-33.2%
Q2 24
-36.3%
Q4 23
59.4%
Net Margin
FLNG
FLNG
SAIL
SAIL
Q4 25
22.2%
-12.8%
Q3 25
-4.0%
Q2 25
-81.3%
Q1 25
-33.4%
Q4 24
34.5%
Q3 24
-43.9%
Q2 24
-47.5%
Q4 23
33.6%
EPS (diluted)
FLNG
FLNG
SAIL
SAIL
Q4 25
$0.71
$-0.06
Q3 25
$-0.02
Q2 25
$-0.42
Q1 25
$-6.50
Q4 24
$1.16
Q3 24
$-2.97
Q2 24
$-0.77
Q4 23
$1.19

Balance Sheet & Financial Strength

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

Metric
FLNG
FLNG
SAIL
SAIL
Cash + ST InvestmentsLiquidity on hand
$447.6M
$298.1M
Total DebtLower is stronger
$1.9B
$0
Stockholders' EquityBook value
$719.3M
$6.8B
Total Assets
$2.6B
$7.5B
Debt / EquityLower = less leverage
2.59×
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FLNG
FLNG
SAIL
SAIL
Q4 25
$447.6M
$298.1M
Q3 25
$271.1M
Q2 25
$228.1M
Q1 25
$121.3M
Q4 24
$437.2M
Q3 24
$89.7M
Q2 24
$146.8M
Q4 23
$410.4M
Total Debt
FLNG
FLNG
SAIL
SAIL
Q4 25
$1.9B
$0
Q3 25
$0
Q2 25
$0
Q1 25
$1.0B
Q4 24
$1.8B
Q3 24
Q2 24
Q4 23
$1.8B
Stockholders' Equity
FLNG
FLNG
SAIL
SAIL
Q4 25
$719.3M
$6.8B
Q3 25
$6.8B
Q2 25
$6.8B
Q1 25
$-5.6B
Q4 24
$806.6M
Q3 24
$-701.3M
Q2 24
$-622.5M
Q4 23
$847.7M
Total Assets
FLNG
FLNG
SAIL
SAIL
Q4 25
$2.6B
$7.5B
Q3 25
$7.4B
Q2 25
$7.4B
Q1 25
$7.4B
Q4 24
$2.7B
Q3 24
Q2 24
Q4 23
$2.7B
Debt / Equity
FLNG
FLNG
SAIL
SAIL
Q4 25
2.59×
0.00×
Q3 25
0.00×
Q2 25
0.00×
Q1 25
Q4 24
2.26×
Q3 24
Q2 24
Q4 23
2.15×

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
SAIL
SAIL
Operating Cash FlowLast quarter
$73.7M
$53.6M
Free Cash FlowOCF − Capex
$52.5M
FCF MarginFCF / Revenue
18.6%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
1.92×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FLNG
FLNG
SAIL
SAIL
Q4 25
$73.7M
$53.6M
Q3 25
$49.9M
Q2 25
$-96.8M
Q1 25
Q4 24
$100.4M
Q3 24
Q2 24
$-55.4M
Q4 23
$100.4M
Free Cash Flow
FLNG
FLNG
SAIL
SAIL
Q4 25
$52.5M
Q3 25
$49.0M
Q2 25
$-99.0M
Q1 25
Q4 24
Q3 24
Q2 24
$-56.0M
Q4 23
FCF Margin
FLNG
FLNG
SAIL
SAIL
Q4 25
18.6%
Q3 25
18.5%
Q2 25
-43.0%
Q1 25
Q4 24
Q3 24
Q2 24
-29.8%
Q4 23
Capex Intensity
FLNG
FLNG
SAIL
SAIL
Q4 25
0.4%
Q3 25
0.4%
Q2 25
1.0%
Q1 25
Q4 24
Q3 24
Q2 24
0.3%
Q4 23
Cash Conversion
FLNG
FLNG
SAIL
SAIL
Q4 25
1.92×
Q3 25
Q2 25
Q1 25
Q4 24
1.60×
Q3 24
Q2 24
Q4 23
1.56×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FLNG
FLNG

Segment breakdown not available.

SAIL
SAIL

Software As A Service Saa S$156.0M55%
Term Subscriptions Services$65.1M23%
Maintenance$38.0M13%
Other$15.7M6%
Other Subscription Services$7.1M3%

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