FLEX LNG Ltd. (FLNG) Q2 2026 Earnings Call Transcript
FLEX LNG Ltd. (FLNG) Q2 2026 Earnings Call August 19, 2026 9:00 AM EDT
Company Participants
H. Foss – Principal Executive Officer
Knut Traaholt – Principal Financial Officer
Presentation
H. Foss
Principal Executive Officer
Welcome back to Flex LNG’s Second Quarter 2026 Results Presentation. Hope you all have a great summer. My name is Marius Foss. I’m the CEO of Flex LNG. And today, I’m joined by our CFO, Knut Traaholt, who will walk you through the financials later in the presentation. Today, we will summarize the second quarter results and provide an update on the LNG shipping market. As always, we will conclude this webcast with a Q&A session.
Knut Traaholt
Principal Financial Officer
If you would like to ask questions, please use the chat functions on the webcast or send questions to — by e-mail to ir@flexlng.com. Before we start, we would like to highlight the following. We are using certain non-GAAP measures such as TCE, adjusted EBITDA, and adjusted net income. These are supplements to the earnings reported in accordance with U.S. GAAP. The reconciliations of these non-GAAP measures are available in the earnings report released today. There are also limitations to the completeness of our presentation. Therefore, we encourage you to read the quarterly report together with today’s presentation.
And with that, back to you, Marius.
H. Foss
Principal Executive Officer
Thank you, Knut. Let’s begin with the highlights of the quarter. We are happy to present very strong results for the second quarter. We sailed in revenues of close to $107 million or close to $103 million, excluding the EUAs. This is our second best quarter since the fourth quarter of 2021. The fleet average TCE during the quarter ended up at $86,100 per day. Net income for the second quarter came in at $44.9 million, implying an earnings per share of $0.83.
