# Flex LNG Q1 2026 results

**URL:** <https://discussion.fool.com/t/flex-lng-q1-2026-results/124744>\
**Category:** Shipping News\
**Created:** [May 14, 2026, 1:56am UTC](https://discussion.fool.com/t/flex-lng-q1-2026-results/124744 "2026-05-14T01:56:05Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![HohumYNWA](https://sea2.discourse-cdn.com/motleyfoolfree/user_avatar/discussion.fool.com/hohumynwa/32/1511_2.png) [@HohumYNWA](https://discussion.fool.com/u/HohumYNWA)\
**Post date:** [May 14, 2026, 1:56am UTC](https://discussion.fool.com/t/flex-lng-q1-2026-results/124744/1 "2026-05-14T01:56:05Z")

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Announced on 05/13

- Vessel operating rev of $80.5M
- Net Income of $19.5M
- Declared div of 75c/sh
- Secured a new, firm 2-year (with multiple extension options)
- Secured two short term charters thru Q3 2026
- Subsequent to end of Q1, FLNG had two-year options extended on two existing charters

> **[4091454.pdf](https://mb.cision.com/Main/22886/4348134/4091454.pdf)**
>
> 266.30 KB

At the start of 2026, FLNG had two vessels trading spot, and a third vessel rolling off charter. With the combination of vessel fixtures, FLNG has full coverage for Q2 2026 and fleet coverage goes to 91% for 2026. FLNG mgmt also mentioned that none of their vessels operate in the MEG region. Basically, FLNG have no direct MEG region risk. With the additional charter coverage, FLNG can raise their 2026 revenue expectations.