Golar LNG (GLNG) Revenue & Revenue Breakdown


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Golar LNG Revenue Highlights


Latest Revenue (Y)

$298.43M

Latest Revenue (Q)

$64.96M

Main Segment (Y)

Liquefaction Services

Golar LNG Revenue by Period


Golar LNG Revenue by Year

DateRevenueChange
2023-12-31$298.43M11.46%
2022-12-31$267.74M-40.73%
2021-12-31$451.76M2.99%
2020-12-31$438.64M-2.25%
2019-12-31$448.75M4.21%
2018-12-31$430.60M200.00%
2017-12-31$143.54M78.85%
2016-12-31$80.26M-21.83%
2015-12-31$102.67M-3.28%
2014-12-31$106.16M9.01%
2013-12-31$97.38M-76.98%
2012-12-31$423.02M41.08%
2011-12-31$299.85M-20.90%
2010-12-31$379.09M75.10%
2009-12-31$216.50M-5.37%
2008-12-31$228.78M1.83%
2007-12-31$224.67M-6.27%
2006-12-31$239.70M40.14%
2005-12-31$171.04M4.67%
2004-12-31$163.41M23.08%
2003-12-31$132.76M1.65%
2002-12-31$130.61M14.35%
2001-12-31$114.22M1.07%
2000-12-31$113.01M38.17%
1999-12-31$81.79M4.52%
1998-12-31$78.25M-

Golar LNG generated $298.43M in revenue during NA 2023, up 11.46% compared to the previous quarter, and up 69.30% compared to the same period a year ago.

Golar LNG Revenue by Quarter

DateRevenueChange
2024-03-31$64.96M-18.47%
2023-12-31$79.68M18.48%
2023-09-30$67.25M-13.26%
2023-06-30$77.53M4.82%
2023-03-31$73.97M25.48%
2022-12-31$58.95M-14.10%
2022-09-30$68.63M13.47%
2022-06-30$60.48M-24.11%
2022-03-31$79.69M-30.73%
2021-12-31$115.05M7.92%
2021-09-30$106.60M2.22%
2021-06-30$104.29M-17.12%
2021-03-31$125.83M6.02%
2020-12-31$118.68M24.73%
2020-09-30$95.15M-6.93%
2020-06-30$102.24M-16.58%
2020-03-31$122.56M-11.86%
2019-12-31$139.05M36.00%
2019-09-30$102.24M5.68%
2019-06-30$96.75M-15.35%
2019-03-31$114.29M-37.18%
2018-12-31$181.94M47.80%
2018-09-30$123.10M107.33%
2018-06-30$59.37M-10.30%
2018-03-31$66.19M14.94%
2017-12-31$57.59M77.56%
2017-09-30$32.43M14.17%
2017-06-30$28.41M13.13%
2017-03-31$25.11M8.88%
2016-12-31$23.06M3.57%
2016-09-30$22.27M36.76%
2016-06-30$16.28M-12.67%
2016-03-31$18.64M-18.91%
2015-12-31$22.99M-16.01%
2015-09-30$27.38M35.91%
2015-06-30$20.14M-37.36%
2015-03-31$32.16M-8.83%
2014-12-31$35.27M22.33%
2014-09-30$28.83M36.76%
2014-06-30$21.08M0.56%
2014-03-31$20.97M16.29%
2013-12-31$18.03M5.87%
2013-09-30$17.03M-39.02%
2013-06-30$27.93M-20.47%
2013-03-31$35.12M-64.59%
2012-12-31$99.16M-18.14%
2012-09-30$121.13M13.21%
2012-06-30$106.99M28.80%
2012-03-31$83.07M3.04%
2011-12-31$80.62M3.67%
2011-09-30$77.77M5.14%
2011-06-30$73.97M9.60%
2011-03-31$67.49M4.44%
2010-12-31$64.62M-8.25%
2010-09-30$70.43M26.51%
2010-06-30$55.67M4.37%
2010-03-31$53.34M-18.58%
2009-12-31$65.51M30.21%
2009-09-30$50.31M7.45%
2009-06-30$46.82M-13.07%
2009-03-31$53.86M-9.45%
2008-12-31$59.48M2.45%
2008-09-30$58.06M10.65%
2008-06-30$52.47M-10.72%
2008-03-31$58.77M-1.30%
2007-12-31$59.55M-

Golar LNG generated $64.96M in revenue during Q1 2024, up -18.47% compared to the previous quarter, and up 110.20% compared to the same period a year ago.

Golar LNG Revenue Breakdown


Golar LNG Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Time and Voyage Charter$17.93M$9.69M$202.97M--
Liquefaction Services$245.42M$213.97M$221.02M$226.06M$218.10M
Base tolling fee, Liquefaction Services-$204.50M---
Time Charter-----
Vessel and Other Management Fees--$27.78M$20.70M$21.89M

Golar LNG's latest annual revenue breakdown by segment (product or service), as of Dec 23: Liquefaction Services (93.19%), and Time and Voyage Charter (6.81%).

Quarterly Revenue by Product

Product/ServiceDec 23Jun 23Dec 22Sep 22Jun 22Dec 21Sep 21Jun 21Dec 20Sep 20Jun 20Dec 19Sep 19Jun 19Dec 18Sep 18Jun 18
Liquefaction Services$241.34M$4.07M$35.66M$54.89M$620.00K$56.41M$54.48M$110.13M$62.49M$54.52M$109.05M$54.52M$54.52M$109.05M$54.52M$18.58M-
Base tolling fee, Liquefaction Services-$102.25M$51.13M$51.13M$102.25M$51.13M$51.13M$17.43M---------
Time and Voyage Charter--$5.47M$3.23M$52.44M$45.83M$104.70M----------
Vessel and Other Management Fees----$13.51M$6.20M$6.29M$15.28M$5.47M$5.05M$10.18M$5.95M$5.34M$8.24M$4.77M$11.20M-

Golar LNG's latest quarterly revenue breakdown by segment (product or service), as of Dec 23: Liquefaction Services (100.00%).

Golar LNG Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
LNGCheniere Energy$20.39B$3.25B
FROFrontline$1.80B$578.40M
TRMDTORM$1.55B$444.10M
TNKTeekay Tankers$1.36B$338.34M
STNGScorpio Tankers$1.34B$391.34M
EURNEuronav NV$1.26B$655.53M
INSWInternational Seaways$1.07B$274.40M
LPGDorian LPG$560.72M$114.35M
DHTDHT$556.08M$145.88M
NVGSNavigator$550.74M$134.16M
FLNGFLEX LNG$371.02M$90.23M
GLNGGolar LNG$298.43M$64.96M

GLNG Revenue FAQ


Golar LNG's yearly revenue for 2023 was $298.43M, representing an increase of 11.46% compared to 2022. The company's yearly revenue for 2022 was $267.74M, representing a decrease of -40.73% compared to 2021. GLNG's yearly revenue for 2021 was $451.76M, representing an increase of 2.99% compared to 2020.

Golar LNG's quarterly revenue for Q1 2024 was $64.96M, a -18.47% decrease from the previous quarter (Q4 2023), and a -12.18% decrease year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $79.68M, a 18.48% increase from the previous quarter (Q3 2023), and a 35.17% increase year-over-year (Q4 2022). GLNG's quarterly revenue for Q3 2023 was $67.25M, a -13.26% decrease from the previous quarter (Q2 2023), and a -2.00% decrease year-over-year (Q3 2022).

Golar LNG's revenue growth rate for the last 3 years (2021-2023) was -33.94%, and for the last 5 years (2019-2023) was -33.50%.

Golar LNG's revenue streams in c 23 are Time and Voyage Charter, and Liquefaction Services. Time and Voyage Charter generated $17.92M in revenue, accounting 6.81% of the company's total revenue, up 85.08% year-over-year. Liquefaction Services generated $245.42M in revenue, accounting 93.19% of the company's total revenue, up 14.70% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of Golar LNG was Liquefaction Services. This segment made a revenue of $245.42M, representing 93.19% of the company's total revenue.