The earnings call presented a strong financial performance, with net income and adjusted net income yielding positive results. Shareholder returns are being prioritized through dividends and a buyback program. Successful refinancing and a positive outlook on the LNG market contribute to a favorable position. However, challenges such as the soft spot market and increased drydocking costs, as well as a decline in Asian LNG imports, present notable areas of concern.

Company Guidance

During the call, Flex LNG provided comprehensive guidance for fiscal year 2025, projecting revenues between $350 million to $370 million and TCE per day ranging from $72,000 to $77,000. The company aims for an adjusted EBITDA of $250 million to $270 million. The Balance Sheet Optimization Program 3.0 is advancing well, with recent refinancing efforts freeing up $132 million in liquidity and extending debt maturities. Flex LNG announced a $15 million share buyback program, independent of planned dividends, which include a quarterly payout of $0.75 per share, translating to a 12% dividend yield based on a $25 share price. The firm maintains a strong cash position of $413 million, supporting its robust contract backlog of up to 85 years if all options are exercised. The company has completed two out of four planned drydockings for 2025, with costs averaging $5.7 million per vessel. Despite a cautious short-term LNG market outlook, Flex LNG remains optimistic about long-term growth and committed to a shareholder-friendly dividend policy.

Strong Financial Performance

Net income for the quarter was $17.7 million, with an adjusted net income of $24.8 million. Time Charter Equivalent (TCE) was $72,000 per day, and the Balance Sheet Optimization Program 3.0 is progressing well.

Shareholder Returns and Buyback Program

A $15 million share buyback program was announced, and the Board declared a 75% share dividend, resulting in a last 12 months dividend yield of 12%.

Successful Refinancing

Completed $175 million refinancing of Flex Courageous, generating net proceeds of approximately $43 million. Additional financings for Flex Resolute and Flex Constellation will add $90 million to the cash balance.

Positive LNG Market Developments

LNG trade grew approximately 2% to 245 million tonnes from January to July 2025. U.S. LNG exports increased by more than 20% year-over-year.

Solid Contract Backlog

Strong contract backlog with 56 years of minimum backlog, which might grow up to 85 years if charterers declare all options.

FLEX LNG (FLNG) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

FLNG Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 28, 2025	2025 (Q3)	0.43 / -	0.53	―	―	―
Aug 20, 2025	2025 (Q2)	0.39 / 0.46	0.56	-17.86% (-0.10)
May 21, 2025	2025 (Q1)	0.48 / 0.54	0.7	-22.86% (-0.16)
Feb 04, 2025	2024 (Q4)	0.55 / 0.57	0.7	-18.57% (-0.13)
Nov 12, 2024	2024 (Q3)	0.56 / 0.53	0.67	-20.90% (-0.14)
Aug 14, 2024	2024 (Q2)	0.51 / 0.56	0.52	7.69% (+0.04)
May 23, 2024	2024 (Q1)	0.58 / 0.70	0.65	7.69% (+0.05)
Feb 07, 2024	2023 (Q4)	0.71 / 0.70	1.02	-31.37% (-0.32)
Nov 08, 2023	2023 (Q3)	0.67 / 0.67	0.79	-15.19% (-0.12)
Aug 16, 2023	2023 (Q2)	0.52 / 0.52	0.61	-14.75% (-0.09)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

FLNG Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 20, 2025	$24.95	$25.83	+3.53%
May 21, 2025	$23.66	$21.71	-8.24%
Feb 04, 2025	$24.18	$24.47	+1.20%
Nov 12, 2024	$21.84	$22.66	+3.75%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Flex Lng (FLNG) report earnings?

Flex Lng (FLNG) is schdueled to report earning on Nov 28, 2025, TBA (Confirmed).

What is Flex Lng (FLNG) earnings time?

Flex Lng (FLNG) earnings time is at Nov 28, 2025, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is FLNG EPS forecast?

FLNG EPS forecast for the fiscal quarter 2025 (Q3) is 0.43.

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