FLEX LNG Ltd. (FLNG) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	360.5M	347.6M	356.3M	371.0M	347.9M
Cost of Revenue	174.2M	163.9M	148.8M	143.4M	138.2M
Gross Profit	186.3M	183.8M	207.6M	227.6M	209.8M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	8.0M	8.0M	9.8M	10.5M	9.1M
General & Admin Expense	3.5M	8.0M	9.8M	10.5M	9.1M
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	—	—	—	—	—
Total Operating Expenses	8.0M	8.0M	9.8M	10.5M	9.1M
Cost and Expenses	182.2M	171.8M	158.6M	153.9M	147.3M
Operating Income (EBIT)	178.3M	175.8M	197.8M	217.2M	200.6M
Non-Operating
Interest Income	3.4M	4.1M	4.5M	4.9M	2.0M
Interest Expense	85.9M	92.6M	105.6M	108.7M	76.6M
Net Interest Income	(82.5M)	(88.5M)	(101.1M)	(103.9M)	(74.6M)
Other Non-Op Income/Expense	(75.5M)	(100.9M)	(80.0M)	(97.0M)	(12.5M)
Non-Operating Income (excl Interest)	(5.4M)	8.3M	(25.6M)	(11.7M)	(64.1M)
EBT (Pre-Tax Income)	102.8M	74.9M	117.8M	120.1M	188.1M
Income Tax Expense	68.0K	82.0K	132.0K	78.0K	98.0K
Bottom Line
Net Income	102.7M	74.8M	117.7M	120.0M	188.0M
Earnings from Cont. Ops	102.7M	74.8M	117.7M	120.0M	188.0M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	102.7M	74.8M	117.7M	120.0M	188.0M
Per Share
Basic EPS	$1.90	$1.38	$2.19	$2.24	$3.53
Diluted EPS	$1.90	$1.38	$2.18	$2.22	$3.51
Revenue Per Share	$6.66	$6.43	$6.62	$6.91	$6.54
Shares
Basic Shares Outstanding	54.1M	54.1M	53.9M	53.7M	53.2M
Diluted Shares Outstanding	54.1M	54.1M	54.0M	54.0M	53.5M
Profitability Metrics
EBITDA	261.8M	244.1M	298.9M	302.2M	337.0M
D&A	78.1M	76.6M	75.5M	73.4M	72.2M
EBIT	183.7M	167.5M	223.4M	228.8M	264.7M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026