Flex LNG Q2 2026: Revenue Jumps 33% to $106.8M, EPS $0.83, Dividend $0.75
FLNG sits 34% above its 52-week low of $24.
Summary
Flex LNG reported Q2 2026 revenue of $106.8M, net income of $44.9M, and EPS of $0.83, with a $0.75 dividend declared. Full-year guidance was maintained.
Key Events · Earnings and Guidance · FLNG
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Q2 Revenue Hits $106.8M
Vessel operating revenues rose 33% sequentially to $106.8 million, the highest since Q4 2021, driven by spot market strength and new charters.
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Net Income More Than Doubles
Net income reached $44.9 million ($0.83 EPS), up from $19.5 million in Q1 2026, with adjusted EBITDA of $79.0 million.
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Dividend of $0.75 Declared
Board declared a Q2 2026 dividend of $0.75 per share, payable September 17, 2026, marking the twentieth consecutive quarterly dividend at this level.
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Full-Year Guidance Maintained
Management reiterated 2026 revenue guidance of $345-$370 million, TCE of $73,000-$78,000 per day, and adjusted EBITDA of $255-$280 million.
Analysis · FLNG · Energy & Transportation
Flex LNG delivered its strongest quarter since Q4 2021, with revenue up 33% sequentially to $106.8 million and net income more than doubling to $44.9 million. The TCE rate of $86,119 per day reflects a hot spot market for its two spot-exposed vessels, while new charters for Flex Constellation and Flex Aurora added full-quarter contributions. Management maintained full-year guidance and declared a $0.75 dividend, signaling confidence in the outlook despite a heavy newbuild orderbook and geopolitical volatility.
At the time of this filing, FLNG was trading at $32.10 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $1.7B. The 52-week trading range was $24.00 to $33.40. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.