Financials · GLNG

Golar Lng Ltd (GLNG) financials

For fiscal 2025 (ended Dec 31, 2025), Golar Lng Ltd reported $393.52M of revenue and $65.68M of net income.

Revenue, FY2025
$393.52M
Revenue growth, YoY
+51.1%
Net income, FY2025
$65.68M
Net income growth, YoY
+29.2%
Net margin
16.7%
EPS, diluted, FY2025
$0.60
EPS growth, YoY
+25.0%
Cash
$1.15B
Total debt
$2.76B
P/E
67.29
P/S
11.23
Market cap
$4.42B
Annual revenue$393.52M
FY2016FY2025
Annual net income$65.68M
FY2016FY2025

GLNG revenue and earnings growth

GLNG revenueFY2025$393.52M

FY YoY
+51.1%
5Y CAGR
+8.5%
10Y CAGR
+14.4%

GLNG revenue was $393.52M for fiscal 2025 (ended Dec 31, 2025), up 51.1% from fiscal 2024. Compound annual growth was +8.5% over 5 years and +14.4% over 10 years. It rose in 6 of the last 10 fiscal years.

GLNG net incomeFY2025$65.68M

FY YoY
+29.2%

GLNG net income was $65.68M for fiscal 2025 (ended Dec 31, 2025), up 29.2% from fiscal 2024.

GLNG EPSFY2025$0.60

FY YoY
+25.0%

GLNG diluted EPS was $0.60 for fiscal 2025 (ended Dec 31, 2025), up 25.0% from fiscal 2024.

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue$393.52M$260.37M$298.43M$267.74M$260.27M$261.39M$448.75M$430.60M$143.54M$80.26M
Research and development$19.23M$12.34M$39.13M$8.02M$2.52M$8.62M$4.99M$21.69M$12.30M$8.66M
Selling, general and admin$29.59M$27.50M$33.46M$38.10M$35.31M$34.38M$52.17M$51.54M$38.03M$37.30M
Operating income$99.72M$62.18M$15.80M$524.09M$306.71M$61.10M$60.66M$114.49M-$85.46M-$141.09M
Interest expense$32.92M$0$0$19.29M$34.49M$39.18M$103.12M$101.91M$59.30M$71.20M
Pre-tax income$116.88M$80.78M-$1.27M$996.03M-$64.41M-$23.90M-$75.55M-$9.31M-$118.33M-$209.25M
Income tax$4.31M-$18.0K$1.87M-$438.0K$1.44M$579.0K$1.02M$1.27M$1.50M-$589.0K
Net income$65.68M$50.84M-$46.79M$787.77M$413.85M-$273.56M-$211.96M-$231.43M-$179.70M-$186.53M
EPS, basic$0.64$0.49-$0.44$8.09-$1.60-$0.96-$1.68-$2.30-$1.79-$1.99
EPS, diluted$0.60$0.48-$0.44$8.04-$1.60-$0.96-$1.68-$2.30-$1.79-$1.99
Diluted shares109.5M105.3M106.6M108.5M109.6M97.6M100.7M100.7M100.6M93.9M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalents$1.15B$566.38M$679.23M$878.84M$231.85M$86.00M$179.70M$217.84M$214.86M$224.19M
Inventory---$692.0K$536.0K$1.53M$1.23M$7.01M$7.41M$7.26M
Current assets$1.41B$739.87M$815.56M$1.26B$925.60M$537.79M$371.39M$649.94M$473.46M$426.22M
Total assets$5.33B$4.37B$4.08B$4.28B$4.95B$4.31B$4.63B$4.81B$4.76B$4.26B
Current liabilities$555.34M$841.52M$545.78M$414.41M$1.31B$1.18B$1.44B$1.00B$1.63B$769.13M
Short-term debt$301.20M$521.28M$342.57M$344.78M$703.17M$982.85M$1.24B$730.26M$1.38B$451.45M
Long-term debt$2.46B$930.97M$874.16M$844.55M$920.13M$1.37B$1.29B$1.84B$1.03B$1.53B
Total debt$2.76B$1.45B$1.22B$1.19B$1.62B$2.35B$2.54B$2.57B$2.41B$1.98B
Total liabilities$3.26B$2.00B$1.48B$1.38B$2.77B$2.68B$2.88B$2.98B$2.97B$2.35B
Shareholders' equity$1.84B$2.01B$2.60B$2.90B$2.18B$1.63B$1.75B$1.83B$1.80B$1.91B

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flow----$253.88M-$176.53M-$38.19M$116.67M-$35.09M-$115.39M
Capital expenditures---------$0
Free cash flow----------$115.39M
Investing cash flow------$10.23M-$1.26M-$202.49M-$419.89M$3.85M
Financing cash flow-----$51.61M-$162.29M-$136.00M$177.40M$427.44M$234.34M
Share repurchases----$24.48M$16.65M$18.61M$0$0$8.21M
Depreciation and amortization$48.33M$53.07M$50.29M$51.71M$55.36M$55.94M$113.03M$93.69M$76.52M$72.97M

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY51.1%-12.8%11.5%2.9%-0.4%-41.8%4.2%200.0%78.8%-21.8%
Net income growth, YoY29.2%--90.4%------
EPS growth, YoY25.0%---------
Operating margin25.3%23.9%5.3%195.7%117.8%23.4%13.5%26.6%-59.5%-175.8%
Net margin16.7%19.5%-15.7%294.2%159.0%-104.7%-47.2%-53.7%-125.2%-232.4%
Free cash flow margin----------143.8%
Return on equity3.6%2.5%-1.8%27.2%19.0%-16.8%-12.1%-12.7%-10.0%-9.8%
Return on assets1.2%1.2%-1.1%18.4%8.4%-6.3%-4.6%-4.8%-3.8%-4.4%
Current ratio2.550.881.493.040.710.460.260.650.290.55
Debt to equity1.500.720.470.410.751.441.451.411.341.04

Source: XBRL data Golar Lng Ltd files with the SEC, latest filing dated Mar 26, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

GLNG peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
GLNG$393.52M+51.1%$65.68M16.7%$4.42B
GD$56.52B+9.7%$4.66B8.2%$99.29B
RCL$19.13B+9.7%$4.55B23.8%$90.90B
CCL$27.59B+5.2%$3.14B11.4%$41.33B
VIK$6.50B+21.9%$1.15B17.7%$39.26B
BIP$23.10B+9.8%$2.53B11.0%$18.08B
HII$13.53B+12.6%$733.00M5.4%$12.36B
FRO$1.97B-8.8%$379.08M19.2%$9.77B
NCLH$10.16B+4.9%$832.94M8.2%$8.50B

GLNG FAQ

7 questions
  • What is GLNG revenue?
    Golar Lng Ltd (GLNG) reported $393.52M of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 51.1% from the year before.
  • Is GLNG profitable?
    Yes. Golar Lng Ltd earned $65.68M in net income for fiscal 2025 (ended Dec 31, 2025), a net margin of 16.7%.
  • How much cash and debt does GLNG have?
    Golar Lng Ltd reported $1.15B in cash and cash equivalents and $2.76B of debt on its most recent balance sheet in SEC filings.
  • How fast is GLNG revenue growing?
    Golar Lng Ltd's revenue changed +51.1% in fiscal 2025, to $393.52M. Its compound annual growth rate was +8.5% over 5 years and +14.4% over 10 years.
  • What is GLNG earnings per share?
    Diluted earnings per share were $0.60 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.
  • When did GLNG last report financial results?
    The latest statements here come from Golar Lng Ltd's 20-F filed on Mar 26, 2026, covering the period ended Dec 31, 2025.
  • Where does this GLNG financial data come from?
    Quantisnow builds these statements from the structured XBRL data Golar Lng Ltd files with the SEC. It is provided for information only and is not investment advice.