Flex LNG (NYSE:FLNG) delivered steady fourth-quarter financial results and maintained its shareholder payout, declaring a quarterly dividend of $0.75 per share.
The Hamilton, Bermuda-based liquefied natural gas shipper reported vessel operating revenues of $87.5 million for the period ending December 31, 2025.
Profitability remained robust, with the company posting net income of $21.6 million, or $0.40 per basic share.
On an adjusted basis, earnings before interest, taxes, depreciation, and amortization (EBITDA) came in at $61.8 million for the quarter.
For the full year of 2025, Flex LNG generated adjusted EBITDA of $251.1 million.
The company exited the year with a strengthened liquidity position, reporting a cash balance of $448 million.
This financial flexibility was bolstered by the completion of $530 million in refinancings during the year, which released approximately $137 million in net proceeds.
Management also successfully reduced full-year interest expenses to $92.6 million, reflecting improved debt terms.
Shareholders of record as of February 27, 2026, will receive the $0.75 dividend on or about March 12, 2026.