Business
Golar LNG Limited Preliminary fourth quarter and financial year 2025 results
Fourth Quarter financial summary (in thousands of $)Q4 2025Q4 2024% ChangeYTD 2025YTD 2024% ChangeNet income attributable to Golar LNG
About this update from Golar Lng Limited
[{"type":"text","content":"Fourth Quarter financial summary (in thousands of $)Q4 2025Q4 2024% ChangeYTD 2025YTD 2024% ChangeNet income attributable to Golar LNG Ltd10,3584,494130%65,67650,83929%Total operating revenues132,81265,917101%393,522260,37251%Adjusted EBITDA 191,00459,16854%264,615240,50010%Golar's share of contractual debt 12,728,9231,515,35780%2,728,9231,515,35780% Recent highlights Golar LNG Limited (“Golar” or “the Company”) reports Q4 2025 net income attributable to Golar of $10 million inclusive of $28 million of non-cash items1, Adjusted EBITDA1 of $91 million and Total Golar Cash1 of $1.2 billion. Full year 2025 net income attributable to Golar of $66 million inclusive of $84 million of non-cash items1, and Adjusted EBITDA1 of $265 million. FLNG Hilli exceeded 2025 production target. FLNG Gimi overproduced compared to contractual committed volume during Q4 2025, with production also frequently exceeding nameplate capacity during the quarter. MKII construction on time and on budget. Satisfied all remaining conditions precedent for 20-year MKII FLNG contract with Argentina's Southern Energy S.A. (“SESA”). Positive development of the commercial pipeline. We plan to order our 4th FLNG when commercial terms for long-term deployment have matured. Closed and drew down $1.2 billion FLNG Gimi secured bank facility. Entered the U.S. rated bond market with $500 million of 5-year 7.50% senior unsecured notes. Repaid $190 million outstanding balance of the 2021 Unsecured Bonds that matured in October 2025. Repurchased and cancelled 1.1 million shares during Q4 2025 at an average price of $37.76 per share under $150.0 million share buyback program; $109 million remains available. 101.3 million shares issued and outstanding as of December 31, 2025. Declared dividend of $0.25 per share for the quarter, payable on March 18, 2026 to shareholders of record on March 9, 2026. CEO Comment “Q4 was another active quarter, closing 2025 as a record year of execution for Golar. During the year we secured $14 billion in Adjusted EBITDA backlog1 between the two 20-year contracts for the FLNG Hilli and MKII FLNG to SESA in Argentina, with further upside through attractive commodity exposure. During the year we executed $2.275 billion of new financing facilities. Our Q4 operations across FLNG Hilli and FLNG Gimi continue to build on Golar’s market leading FLNG operati...