Flex LNG Ltd. income statement

In fiscal 2025, Flex LNG Ltd. reported revenue of $348m, down 2.4% on the year before, operating income of $176m (a 50.6% margin) and net income of $74.8m, or $1.38 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Flex LNG Ltd.: income statement, annual
Fiscal year	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	27	77	120	164	343	348	371	356	348
General and administrative	3	5	8	6	8	9	10	10	8
Operating income	−13	29	55	76	201	201	217	198	176
Interest expense	0	18	34	42	56	77	109	106	93
Income before tax	−10	12	17	8	162	188	120	118	75
Income tax	0	−0	0	0	0	0	0	0	0
Net income	−10	12	17	8	162	188	120	118	75
Diluted EPS	−$0.34	$0.29	$0.31	$0.15	$3.04	$3.51	$2.22	$2.18	$1.38
Diluted shares (average)	31m	41m	54m	54m	53m	54m	54m	54m	54m
EBITDA	−13	46	84	117	271	273	291	273	252

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Flex LNG Ltd.'s SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Flex LNG Ltd.