GLNG (Golar LNG Limited) Stock Financials & Earnings | Market Cap Arena

GLNG (Golar LNG Limited) Stock Financials & Earnings | Market Cap Arena

GLNGGolar LNG Limited

Mkt Cap$5B

Energy·Oil & Gas Midstream·🇧🇲 Bermuda·NASDAQ

Revenue (TTM)$394M

Net Income (TTM)$66M

EPS (TTM)$0.64

Free Cash Flow (TTM)-$430M

Gross Margin46.9%

Op. Margin34.4%

Net Margin16.7%

FCF Margin-109.2%

P/S Ratio (TTM)11.9x

P/E Ratio (TTM)71.3x

YoY Rev Growth+51.1%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$74M	$43M	$14M
Q2 23	$78M	$40M	$14M
Q3 23	$67M	$30M	$20M
Q4 23	$80M	$43M	$35M
Q1 24	$65M	$25M	$17M
Q2 24	$65M	$18M	$9M
Q3 24	$65M	$19M	$8M
Q4 24	$66M	$24M	$12M
Q1 25	$63M	$21M	$8M
Q2 25	$76M	$31M	$19M
Q3 25	$123M	$63M	$48M
Q4 25	$133M	$68M	$60M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	17.4x	21.3x
Q2 23	16.8x	44.1x
Q3 23	16.9x	81.5x
Q4 23	15.7x	—
Q1 24	16.2x	42.5x
Q2 24	16.9x	33.3x
Q3 24	17.1x	347.0x
Q4 24	18.0x	94.3x
Q1 25	18.2x	1753.6x
Q2 25	17.4x	—
Q3 25	14.3x	79.8x
Q4 25	11.9x	71.3x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$60M	$33M
Q2 23	$27M	-$101M
Q3 23	$19M	-$25M
Q4 23	$26M	-$111M
Q1 24	$36M	-$88M
Q2 24	$54M	$28M
Q3 24	$63M	-$17M
Q4 24	$163M	-$43M
Q1 25	$101M	-$52M
Q2 25	$87M	-$201M
Q3 25	$149M	-$160M
Q4 25	$99M	-$17M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$26M
Q2 23	$128M
Q3 23	$44M
Q4 23	$138M
Q1 24	$124M
Q2 24	$26M
Q3 24	$80M
Q4 24	$206M
Q1 25	$153M
Q2 25	$288M
Q3 25	$309M
Q4 25	$117M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+1.4%	+52.3%
Q2 23	+15.3%	+39.6%
Q3 23	-1.7%	+21.8%
Q4 23	+34.7%	-2.1%
Q1 24	-12.2%	-19.8%
Q2 24	-16.6%	-12.2%
Q3 24	-3.6%	+18.5%
Q4 24	-17.3%	+21.4%
Q1 25	-3.8%	+12.5%
Q2 25	+17.0%	+1.0%
Q3 25	+89.1%	+32.2%
Q4 25	+101.5%	+33.5%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$2M	3.2%
Q2 23	$1M	1.9%
Q3 23	$0	0.0%
Q4 23	$0	0.0%
Q1 24	$3M	4.2%
Q2 24	$0	0.0%
Q3 24	$1M	1.8%
Q4 24	$2M	2.7%
Q1 25	$0	0.0%
Q2 25	$0	0.0%
Q3 25	$2M	1.9%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	R&D	SG&A
Q1 23	$18M	$10M
Q2 23	$19M	$8M
Q3 23	$2M	$8M
Q4 23	$677K	$7M
Q1 24	$812K	$7M
Q2 24	$4M	$6M
Q3 24	$3M	$7M
Q4 24	$5M	$8M
Q1 25	$3M	$10M
Q2 25	$6M	$6M
Q3 25	$7M	$8M
Q4 25	$3M	$5M

Revenue Segments

Quarter

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$889M	$0	$889M
Q2 23	$771M	$0	$771M
Q3 23	$727M	$0	$727M
Q4 23	$679M	$0	$679M
Q1 24	$566M	$0	$566M
Q2 24	$547M	$0	$547M
Q3 24	$732M	$0	$732M
Q4 24	$566M	$0	$566M
Q1 25	$521M	$0	$521M
Q2 25	$893M	$0	$893M
Q3 25	$650M	$0	$650M
Q4 25	$1.2B	$0	$1.2B

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	107M	-1.0%
Q2 23	106M	-1.2%
Q3 23	106M	-0.1%
Q4 23	105M	-1.2%
Q1 24	105M	-0.0%
Q2 24	105M	-0.0%
Q3 24	104M	-0.1%
Q4 24	105M	+0.1%
Q1 25	105M	+0.6%
Q2 25	102M	-2.7%
Q3 25	102M	+0.1%
Q4 25	101M	-1.0%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$4M	30
FY 15	$1M	75
FY 16	$669K	120
FY 17	$797K	180
FY 18	$2M	194
FY 19	$1M	302
FY 20	$1M	300
FY 21	$868K	300
FY 22	$1M	260
FY 23	$1M	200
FY 24	$1M	200
FY 25	$2M	200