FLNG on NYSE

Flex LNG Ltd.

Exempted company incorporated under the Bermuda Companies Act of 19812

In its 2026 annual report (Form 20-F) the company says: “We are a growth-oriented owner and commercial operator of fuel efficient, fifth generation LNG carriers. Our business is currently focused on the operation of our long-term charters for our Fleet, which is described in the table below, or exploring accretive opportunities to further grow the Company. We operate through subsidiaries located in Bermuda, the United Kingdom, Norway, the Isle of Man and the Marshall Islands.”5 Its shares trade on NYSE under the symbol FLNG.2

Price unavailable

Last updated Oct 20, 2026.

Overview

$347.6MRevenue, fiscal 20253
$74.8MNet income, fiscal 20253

Compare with KNOT Offshore Partners LP, Golar LNG or NORDIC AMERICAN TANKERS Ltd, or pick any stock.

  • TickerFLNG on NYSE2
  • IndustryWater Transportation2
  • HeadquartersLondon, United Kingdom2
  • Incorporated inBermuda4
  • Business addressPar-La-Ville Place, 14 Par-La-Ville Road, Hamilton, D0 000004
  • Filer categoryLarge accelerated filer4
  • Legal formExempted Companies Limited by Shares2
  • LEI21380084THHU3MPC36472
  • StatusActive2
  • LEI statusIssued and current2
  • Registered address4TTH FLOOR, PAR-LA-VILLE PLACE, HM 11 Hamilton, Bermuda2
  • Registered withRegistrar of Companies (Ministry of Economic Development), 526442

FLEX LNG Ltd. is an exempted company incorporated under the Bermuda Companies Act of 1981 (Company No. EC-34296). We are a growth-oriented owner and commercial operator of fuel efficient, fifth generation LNG carriers. As of February 27, 2026, we own and operate (i) nine M-type, Electronically Controlled, Gas Injection, or MEGI, LNG carriers, of which four have partial re-liquefaction systems installed and three have full re-liquefaction systems installed, which reduce active boil off rates achieved, and (ii) four Generation X Dual Fuel, or X-DF, LNG carriers, which we collectively refer to as our "Operating Vessels" or our "Fleet". Our business is currently focused on the operation of our long-term charters for our Fleet, which is described in the table below, or exploring accretive opportunities to further grow the Company.5 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

50.6%Operating margin3
21.5%Net margin3
-2.4%Revenue growth, 20253
10.4%Return on equity3
2.42×Debt to equity3

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Other costs78¢$272.7M
  • Income tax0¢$82.0K
  • Profit22¢$74.8M

Out of $347.6M in revenue.3

Where each dollar of operating cash went, fiscal 2025

  • Dividends paid100¢$162.3M

Out of $140.7M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.3

Financial statements

Revenue6789103$347.6M in 2025+350% since 2018
0$100.0M$200.0M$300.0M$400.0M2018: $77.2M$77.2M20182019: $120.0M$120.0M2019+55%2020: $164.5M$164.5M2020+37%2021: $343.4M$343.4M2021+109%2022: $347.9M$347.9M2022+1%2023: $371.0M$371.0M2023+7%2024: $356.3M$356.3M2024−4%2025: $347.6M$347.6M2025−2%
Operating income6789103$175.8M in 2025+506% since 2018
0$100.0M$200.0M$300.0M2018: $29.0M$29.0M20182019: $55.0M$55.0M2019+90%2020: $75.6M$75.6M2020+37%2021: $201.2M$201.2M2021+166%2022: $200.6M$200.6M2022−0%2023: $217.2M$217.2M2023+8%2024: $197.8M$197.8M2024−9%2025: $175.8M$175.8M2025−11%
Net income6789103$74.8M in 2025+535% since 2018
0$50.0M$100.0M$150.0M$200.0M2018: $11.8M$11.8M20182019: $17.0M$17.0M2019+44%2020: $8.1M$8.1M2020−52%2021: $162.2M$162.2M2021+1901%2022: $188.0M$188.0M2022+16%2023: $120.0M$120.0M2023−36%2024: $117.7M$117.7M2024−2%2025: $74.8M$74.8M2025−36%

Every line of the income statement as filed: the last 3 fiscal years, latest first.3

Period ending2025-12-312024-12-312023-12-31
Vessel operating revenues$347.6M$356.3M$371.0M
Voyage expenses-$12.4M-$3.4M-$1.7M
Vessel operating expenses-$74.9M-$69.9M-$68.4M
Administrative expenses-$8.0M-$9.8M-$10.5M
Depreciation-$76.6M-$75.5M-$73.4M
Operating income$175.8M$197.8M$217.2M
Interest income$4.1M$4.5M$4.9M
Interest expense-$92.6M-$105.6M-$108.7M
Extinguishment of long-term debt-$4.1M-$637.0K-$10.2M
Gain on derivatives-$7.4M$22.8M$18.3M
Other financial items-$853.0K-$1.1M-$1.2M
Income before tax$74.9M$117.8M$120.1M
Income tax expense-$82.0K-$132.0K-$78.0K
Net income$74.8M$117.7M$120.0M
Basic earnings per share (in dollars per share)$1.38$2.19$2.24
Diluted earnings per share (in dollars per share)$1.38$2.18$2.22

Compare Flex LNG Ltd. with another company

Corporate structure

Flex LNG Ltd. sits at the top of its group. 16 entities, 4 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Flex LNG Ltd.

  • GREENWICH HOLDINGS LTD. Filed SCHEDULE 13D on Flex LNG Ltd., latest Feb 5, 2026 (4 filings since Feb 11, 2022)
  • Janus Henderson Group Ltd. Filed SC 13G/A on Flex LNG Ltd., latest Feb 10, 2022
  • DONALD SMITH & CO., INC. Filed SC 13G on Flex LNG Ltd., latest Feb 7, 2022
  • Flex LNG Ltd. London, United Kingdom
    • FLEX LNG FLEET LIMITED Subsidiary · Hamilton, Bermuda
      • FLEX FREEDOM LIMITED Subsidiary · Majuro, Marshall Islands
      • FLEX LNG AMBER LIMITED Subsidiary · Majuro, Marshall Islands
      • FLEX LNG AURORA LIMITED Subsidiary · Majuro, Marshall Islands
      • FLEX LNG CONSTELLATION LIMITED Subsidiary · Majuro, Marshall Islands
      • FLEX LNG COURAGEOUS LIMITED Subsidiary · Majuro, Marshall Islands
      • FLEX LNG ENDEAVOUR LIMITED Subsidiary · Majuro, Marshall Islands
      • FLEX LNG ENTERPRISE LIMITED Subsidiary · Majuro, Marshall Islands
      • FLEX LNG RAINBOW LIMITED Subsidiary · Majuro, Marshall Islands
      • FLEX LNG RANGER LIMITED Subsidiary · Majuro, Marshall Islands
      • FLEX LNG RESOLUTE LIMITED Subsidiary · Majuro, Marshall Islands
      • FLEX VIGILANT LIMITED Subsidiary · Majuro, Marshall Islands
      • FLEX VOLUNTEER LIMITED Subsidiary · Majuro, Marshall Islands
    • FLEX LNG MANAGEMENT AS Subsidiary · Oslo, Norway
    • FLEX LNG RELIANCE LIMITED Subsidiary · Majuro, Marshall Islands

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Flex LNG Ltd. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, net$2.1B3 Dec 31, 2025$2.2B3 Dec 31, 2024−2.4%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$447.6M3 Dec 31, 2025$437.2M3 Dec 31, 2024+2.4%

Inventory

ItemLatestA year beforeChange
Inventory, total$9.0M3 Dec 31, 2025$4.8M3 Dec 31, 2024+86.7%

Leadership

Who has led Flex LNG Ltd., and when. Pick a name to see everywhere that person has worked.

Chief financial officer

  1. Knut Traaholt2026–now
Board members and other officers (5)

Timeline

  1. Mar 18, 2026New chief executive Halfdan Marius Foss becomes CEO12
  2. Oct 24, 2016Founded Flex LNG Ltd. is founded2

Calendar

Coming up

  1. Nov 11, 2026Reports results for the quarter ending Sep/202619

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

90 filings to the SEC since October 2021: 5 annual reports, 11 insider forms, 6 large holders, 68 other. The latest 20:

  1. Sep 18, 20264 EDGAR
  2. Aug 21, 20264 EDGAR
  3. Aug 19, 20266-K EDGAR
  4. Aug 19, 20266-K EDGAR
  5. Jun 26, 20264 EDGAR
  6. Jun 26, 20264 EDGAR
  7. May 13, 20266-K EDGAR
  8. Mar 25, 20266-K EDGAR
  9. Mar 24, 20263 EDGAR
  10. Mar 24, 20263 EDGAR
  11. Mar 19, 20263 EDGAR
  12. Mar 18, 20266-K EDGAR
  13. Mar 18, 20263 EDGAR
  14. Mar 18, 20263 EDGAR
  15. Mar 18, 20263 EDGAR
  16. Mar 18, 20263 EDGAR
  17. Feb 27, 202620-F EDGAR
  18. Feb 11, 20266-K EDGAR
  19. Feb 5, 2026SCHEDULE 13D EDGAR
  20. Dec 5, 20256-K EDGAR

The 90 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Members of Congress who traded it

22 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Mar 7, 2025Virginia FoxxRepublican, HouseSale$15,001 - $50,000+2.9%Report
Dec 6, 2024Virginia FoxxRepublican, HousePartial sale$15,001 - $50,000−3.6%Report
Feb 26, 2024Virginia FoxxRepublican, HouseBuy$1,001 - $15,000−37.4%Report
Feb 23, 2024Virginia FoxxRepublican, HouseBuy$1,001 - $15,000−38.8%Report
Feb 9, 2024Virginia FoxxRepublican, HouseBuy$1,001 - $15,000−43.4%Report
Feb 7, 2024Virginia FoxxRepublican, HouseBuy$1,001 - $15,000−48.2%Report
Feb 2, 2024Virginia FoxxRepublican, HouseBuy$1,001 - $15,000−56.7%Report
Dec 11, 2023Thomas R Carper, SenateBuy$1,001 - $15,000−65.8%Report
Dec 4, 2023Virginia FoxxRepublican, HouseBuy$1,001 - $15,000−70.2%Report
Nov 28, 2023Virginia FoxxRepublican, HouseBuy$1,001 - $15,000−71.7%Report
Oct 2, 2023Virginia FoxxRepublican, HouseBuy$1,001 - $15,000−82.5%Report
May 16, 2023Virginia FoxxRepublican, HouseBuy$1,001 - $15,000−94.2%Report
Feb 15, 2023Virginia FoxxRepublican, HouseBuy$1,001 - $15,000−103.7%Report
Jan 11, 2023Thomas R Carper, SenateBuy$1,001 - $15,000−102.7%Report
Jan 4, 2023Virginia FoxxRepublican, HouseBuy$1,001 - $15,000−106.1%Report
Nov 15, 2022Virginia FoxxRepublican, HouseBuy$1,001 - $15,000−107.6%Report
Nov 8, 2022Christopher L. Jacobs, HouseBuy$1,001 - $15,000−119.4%Report
Oct 5, 2022Virginia FoxxRepublican, HouseBuy$1,001 - $15,000−110.6%Report
Aug 26, 2022Virginia FoxxRepublican, HouseBuy$1,001 - $15,000−107.9%Report
Aug 23, 2022Virginia FoxxRepublican, HouseBuy$1,001 - $15,000−102.1%Report
Aug 4, 2022Virginia FoxxRepublican, HouseBuy$15,001 - $50,000−91.9%Report
Aug 1, 2022Virginia FoxxRepublican, HouseBuy$15,001 - $50,000−97.7%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How Flex LNG Ltd. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARFlex LNG Ltd.1
  • CIK0001772253
  • Filer statusLarge accelerated filer not an emerging growth company; not a shell company5
  • Incorporated inBermuda5
  • Fiscal year endsDecember 311
  • Industry code (SIC)4400 Water Transportation1
  • SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
  • Business addressPar-La-Ville Place, 14 Par-La-Ville Road, Hamilton, D0 000001
  • Phone47 23 11 40 001
  • Shares outstanding54,092,376 shares as of Dec 31, 20255
  • AuditorErnst & Young AS, Oslo, Norway PCAOB ID 1572; it also attests to the company’s internal control over financial reporting5
  • On EDGAR sinceApr 4, 20191
  • Filings125 in all: 6-K (67), 20-F (7), 3 (7), CORRESP (6), SC 13G/A (5), UPLOAD (5), 4 (4), SC 13G (4)1
    All 23 form types

    20FR12B/A (2), 424B5 (2), EFFECT (2), F-3 (2), SEC STAFF LETTER (2), 144 (1), 20FR12B (1), CERT (1), DEL AM (1), DRS (1), F-3/A (1), F-3ASR (1), S-8 (1), SCHEDULE 13D (1), SEC STAFF ACTION (1)

  • Latest filingsAnnual report (20-F) Feb 27, 2026

Securities registered for trading

ClassSymbolExchange
Ordinary Shares, par value $0.01 per shareFLNGNew York Stock Exchange

From the cover page of the 20-F filed Feb 27, 2026 (Section 12(b) of the Exchange Act).5