Flex LNG records Q2 revenue of $106.8 million
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- Flex LNG reported Q2 2026 vessel operating revenue of $106.8 million, up from $80.5 million in Q1, while net income reached $44.9 million.
- Adjusted EPS rose to $0.79 from $0.31 sequentially, while FLNG traded around $30.70 in premarket trading after Tuesday’s $31.07 close.
- Flex LNG maintained full-year guidance for $345–$370 million in revenue and $255–$280 million in adjusted EBITDA.
Flex LNG (NYSE:FLNG) reported Q2 2026 vessel operating revenue of $106.8 million, up from $80.5 million in Q1, as fleet-wide TCE rates increased to $86,119 per day.
Net income rose to $44.9 million from $19.5 million sequentially, while adjusted EBITDA increased to $79 million from $53.2 million.
Adjusted net income reached $42.5 million, adjusted EPS was $0.79, and the board declared a $0.75-per-share dividend payable around September 17.
Flex LNG reported $397 million in cash and no debt maturities before 2029, while firm contract coverage stood at approximately 89% for the remainder of 2026.
The company maintained guidance for $345–$370 million in 2026 revenue, $73,000–$78,000 daily TCE and $255–$280 million in adjusted EBITDA.
