FLEX LNG Ltd. (FLNG) SEC Filings & Earnings Calls
EquiReason read 10 FLEX LNG Ltd. SEC filings in the last 12 months. Latest: 6-K on 2026-08-19 — Q2 2026 revenue $106.8M (vs Q1 $80.5M), TCE $86,119 (vs $65,729), adj. net income $42.5M (vs $16.9M), adj. EPS $0.79 (vs $0.31). Guidance reaffirmed: revenue $345-370M, TCE $73k-78.
Source: SEC EDGAR filings · figures as of 2026-06-30 · read by EquiReason
- Market cap
- 1.5B
- P/E TTM
- 15.0
- Dividend yield
- 10.5%
- 52-week
- —
- Next earnings
- 27 Nov, in 34 days
Every filing, read
last 12 months · SECWhat happened, the numbers inside, guidance and risks. The original is one click away.
19 Aug 20266-KQ2 2026 revenue $106.8M (vs Q1 $80.5M), TCE $86,119 (vs $65,729), adj. net income $42.5M (vs $16.9M), adj. EPS $0.79 (vs $0.31). Guidance reaffirmed: revenue $345-370M, TCE $73k-78k/day, adj. EBITDA $255-280M.open
Figures in the filing · each found in the filing text
| Vessel operating revenues · Q2-2026 | $107M | |
| Net income · Q2-2026 | $45M | |
| Earnings per share (basic) · Q2-2026 | $0.83 | |
| Cash and cash equivalents · Q2-2026 | $397M | |
| Long-term debt · Q2-2026 | $1.79B | |
| Time Charter Equivalent rate · Q2-2026 | $86119.00 | |
| Adjusted EBITDA · Q2-2026 | $79M | |
| Adjusted net income · Q2-2026 | $43M | |
| Dividend per share · Q2-2026 | $0.75 |
Guidance
Revenue $345-370M, TCE $73k-78k/day, adj. EBITDA $255-280M
Full-year 2026 guidance reaffirmed with strong Q2 performance; management highlights robust backlog and liquidity.
Risks flagged
Geopolitical volatility in Middle East could disrupt LNG shipping routes and rates.
“'hostilities in the Middle East disrupted the broader energy complex'” · word for word
High fleet growth with 55 vessels delivered YTD and 40-45 more expected, pressuring supply.
“'around 55 vessels were delivered during the first seven months... further 40 to 45 vessels to enter the fleet before year-end'” · word for word
European gas storage at multi-year lows (61%) could increase demand but also volatility.
“'European gas storage levels are currently at multi-year lows of around 61%'” · word for word
13 May 20266-KVessel operating revenues $80M; Net income $20M; Earnings per share (basic) $0.36; Guidance: FY revenue guidance raised ~10% to $345-370M; TCE rate guidance raised ~8% to $73-78k/day; adjusted EBITDA guidance raised ~11% to $255-280Mopen
Figures in the filing · each found in the filing text
| Vessel operating revenues · Q1-2026 | $81M | |
| Net income · Q1-2026 | $20M | |
| Earnings per share (basic) · Q1-2026 | $0.36 | |
| Time Charter Equivalent rate · Q1-2026 | $65729.00 | |
| Adjusted EBITDA · Q1-2026 | $53M | |
| Dividend per share · Q1-2026 | $0.75 |
Guidance
FY revenue guidance raised ~10% to $345-370M; TCE rate guidance raised ~8% to $73-78k/day; adjusted EBITDA guidance raised ~11% to $255-280M
FLEX LNG raised FY2026 guidance across all metrics, citing stronger market conditions driven by geopolitical disruption and high forward coverage.
Risks flagged
Geopolitical risk: conflict in Iran and Strait of Hormuz closure created market disruption but also opportunity; company has no vessels in the area.
“the LNG shipping market reset dramatically following the outbreak of the war in Iran in late February... none of our vessels operated inside the Strait of Hormuz during the conflict period” · word for word
Spot market exposure for two vessels (Flex Artemis and Flex Volunteer) until Q3 2026.
“Flex Artemis and Flex Volunteer operated in the spot market while being marketed for long-term charters.” · word for word
18 Mar 20266-KFLEX LNG announced contract extensions and fleet update; no financial details provided but indicates continued charter coverage.open
Risks flagged
Forward-looking statements caution about market conditions, charter rates, and geopolitical risks.
“Extensive forward-looking statement disclaimer covering inflation, interest rates, charter rates, demand, and geopolitical conflicts.”
27 Feb 202620-FAnnual report (20-F) filed; no material event.open
Risks flagged
EU ETS and FuelEU Maritime compliance cost
“Compliance with the EU ETS and FuelEU Maritime regulations will result in additional compliance and administration costs to properly incorporate the provisions of the Directive into our business routines.” · word for word
IMO Net-zero Framework cost
“These regulations could cause us to incur additional substantial expenses.” · word for word
Section 883 tax exemption risk
“We can give no assurances regarding our or any of our subsidiaries' qualification for the exemption under Section 883 of the Code.” · word for word
11 Feb 20266-KFLEX LNG reports FY2025 TCE rate of $71,728/day in line with guidance, but guides FY2026 lower with wider ranges due to softer spot market and up to three open vessels, including Flex Aurora redelivery.open
Figures in the filing · each found in the filing text
| Vessel operating revenues · Q4-2025 | $88M | |
| Net income · Q4-2025 | $22M | |
| Earnings per share (basic) · Q4-2025 | $0.40 | |
| Cash and cash equivalents · Q4-2025 | $448M | |
| Long-term debt · Q4-2025 | $1.85B | |
| Time Charter Equivalent rate · Q4-2025 | $70119.00 | |
| Adjusted EBITDA · Q4-2025 | $62M | |
| Adjusted net income · Q4-2025 | $23M | |
| Dividend per share · Q4-2025 | $0.75 |
Guidance
2026 guidance: wider ranges for TCE, revenues, and adjusted EBITDA due to soft spot market.
Guidance reflects softer spot market for up to three open vessels, but strong backlog and balance sheet provide cushion.
Risks flagged
“Short- to medium-term outlook for LNG shipping is expected to be impacted by deliveries of newbuildings ahead of liquefaction projects coming on stream.” · word for word
“In 2026 we will remain exposed to a softer spot market for up to three open vessels, including the redelivery of Flex Aurora later in the first quarter of 2026.” · word for word
5 Dec 20256-KAnnouncement of CEO appointment via press release. Filing is a 6-K cover with forward-looking statements; no details on the CEO change itself.open
Risks flagged
Leadership transition risk; new CEO may alter strategy.
“CEO appointment announced; no prior track record disclosed.”
12 Nov 20256-KQ3 2025 TCE rate $70,921/day, net income $16.8M, all-time high cash $478.7M, dividend $0.75/share declared. LNG market commentary notes record FIDs and scrapping activity.open
Figures in the filing · each found in the filing text
| Vessel operating revenues · Q3-2025 | $86M | |
| Net income · Q3-2025 | $17M | |
| Earnings per share (basic) · Q3-2025 | $0.31 | |
| Cash and cash equivalents · Q3-2025 | $479M | |
| Long-term debt · Q3-2025 | $1.87B | |
| Time Charter Equivalent (TCE) rate · Q3-2025 | $70921.00 | |
| Adjusted EBITDA · Q3-2025 | $61M | |
| Dividend per share · Q3-2025 | $0.75 |
Risks flagged
Near-term freight market challenging due to newbuild deliveries before new export capacity comes online.
“We expect the short- to medium-term freight market to remain challenging, with newbuild deliveries occurring before new export capacity comes online.” · word for word
One vessel (Flex Volunteer) redelivered and will be off-hire for drydock.
“Flex Volunteer will be redelivered in late December and then go straight into drydock.”
FLEX LNG Ltd. — questions
- What did FLEX LNG Ltd. file recently?
- 10 SEC filings in the last 12 months. Latest: 6-K on 2026-08-19 — Q2 2026 revenue $106.8M (vs Q1 $80.5M), TCE $86,119 (vs $65,729), adj. net income $42.5M (vs $16.9M), adj. EPS $0.79 (vs $0.31). Guidance reaffirmed: revenue $345-370M, TCE $73k-78k/day, adj. EBITDA $255-280M.
Every figure on this page comes from FLEX LNG Ltd.'s own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.