Operates ships that transport liquefied natural gas.
Dec 2025Revenue $348M/yrExpenses $172M/yr
Reached break-even Apr 2018
Figures by year
When did Flex LNG become profitable?
Its revenue passed its expenses in Apr 2018. In the 12 months to Dec 2025, revenue was $348M and expenses $172M.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2025 | $348M | $172M | $176M |
| Dec 2024 | $356M | $159M | $198M |
| Dec 2023 | $371M | $154M | $217M |
| Dec 2022 | $348M | $147M | $201M |
| Dec 2021 | $343M | $142M | $201M |
| Dec 2020 | $164M | $88.8M | $75.6M |
| Dec 2019 | $120M | $65.0M | $55.0M |
| Dec 2018 | $77.2M | $48.2M | $29.0M |
| Dec 2017 | $27.3M | $39.9M | −$12.6M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.