OSL$FLNG

FLEX LNG Ltd · Q1 2025 earnings

Q1 2025 earnings · · Investor relations

Briefing

Flex LNG reported Q1 2025 vessel operating revenues of $88.4M with net income of $18.7M and diluted EPS of $0.35.

Vessel operating revenues were $88.4 million as spot and variable charter rates affected Flex Artemis and Flex Constellation. Net income was $18.7 million; adjusted EPS was $0.54. A 15-year charter for Flex Constellation begins in H1 2026.

  • Q1 vessel operating revenues $88.4M.
  • Net income $18.7M; diluted EPS $0.35.
  • Spot LNG shipping rates pressured variable contracts.
  • Balance-sheet strength supports dividends and fleet strategy.

Headline financials

Total Revenue

$88.4M

Previous: $949M-90.7%
EPS (adj)

$0.54

Previous: $0.70-22.9%
Adjusted EBITDA

$65.6M

No prior period
Time Charter Equivalent Rate

$73.9K

No prior period
Dividend Per Share

$0.75

No prior period
Contract Backlog (Years)

88

No prior period
Net Income

$18.7M

Previous: $350M-94.6%
Operating Income

$65.6M

Previous: $546M-88.0%

Revenue & EPS history

FLEX LNG Ltd · Revenue · Quarterly

$88.4M

Q1 2025-90.7%vs Q1 2024
Beat estimate in 9 of 9 quarters(100%)
ActualEstimate

Forward guidance

Energy and infrastructure outlook reflects commodity prices, charter rates, and fleet utilization.

Tailwinds

  • Long-term charters and balance-sheet flexibility.
  • Production and service demand in core basins.

Headwinds

  • Spot rate volatility and project timing.
  • Regulatory and environmental compliance costs.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+0.4%

Avg return

Earnings day

+0.8%

Avg return

5 days after

-4.4%

Avg return

30 days after

48%

13 / 27 earnings

Positive

+13.8%

Q3 2019

Best reaction

-9.9%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-3.8%-1.6%
Q4 2026-2.0%-3.6%+0.3%
Q2 2025+2.0%+6.3%-90.2%
Q1 2025-9.9%-6.1%-1.6%
Q4 2024-1.0%-3.0%-16.2%
Q3 2024+7.5%+5.7%-6.9%
Q2 2024+1.4%+5.3%+1.0%
Q1 2024+1.0%-0.4%-5.4%
Q4 2023-7.0%-6.9%-10.4%
Q3 2023+0.3%+1.8%-6.3%
Q2 2023-1.3%-3.0%-6.2%
Q1 2023-2.4%-4.2%-3.5%
Q4 2022+3.7%+5.4%-5.0%
Q3 2022-7.3%-4.4%+1.4%
Q2 2022-1.6%+4.5%-15.5%
Q1 2022-0.6%+11.5%+3.2%
Q4 2021+7.9%+6.4%+10.2%
Q3 2021+9.8%+3.9%-0.6%
Q2 2021-1.9%-8.3%+6.7%
Q1 2021+10.4%+9.9%+6.4%
Q4 2020-6.4%-1.2%-7.6%
Q3 2020+1.8%+9.8%+27.5%
Q2 2020-6.4%-6.2%-4.5%
Q1 2020+2.2%+0.9%-1.7%
Q4 2019-5.2%-10.4%-4.3%
Q3 2019+13.8%+6.7%+16.8%
Q2 2019+4.6%+1.7%-3.1%
Q1 2019

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