)
Golar LNG (GLNG) investor relations material
Golar LNG Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
All FLNG units are fully contracted on 20-year charters, securing a $17 billion Adjusted EBITDA backlog before commodity and inflation adjustments.
Q3 2025 saw $123 million in operating revenues, $83 million in Adjusted EBITDA, and net income of $46 million.
Entered the US bond market with a $500 million, 5-year, 7.5% senior unsecured notes offering and repaid $190 million of 2021 Unsecured Bonds.
Approved a $150 million share buyback program and declared a $0.25 per share dividend.
Final Investment Decision reached for MKII FLNG charter to SESA, with all regulatory conditions met and project on track for Q4 2027 delivery.
Financial highlights
Q3 2025 operating revenues were $123 million, with Adjusted EBITDA of $83 million and net income of $46 million.
Total Golar Cash, including October 2025 net bond proceeds, stood at $1 billion.
Net debt position as of Q3 2025 was $1.4 billion.
Hilli and Gimi contributed $51 million and $48 million to Adjusted EBITDA in Q3, respectively.
Declared a $0.25 per share dividend, with over $800 million returned to shareholders in five years.
Outlook and guidance
Adjusted EBITDA is expected to quadruple by 2028 as all three FLNG units become fully operational.
Fully delivered run-rate Adjusted EBITDA projected at $800 million by 2028.
Free cash flow to equity could reach $500–$600 million annually by 2028, before commodity upside.
Additional upside possible from commodity-linked earnings, with $100 million EBITDA per $1/MMBtu above $8/MMBtu.
Focus on developing a fourth FLNG unit, with long lead equipment orders planned for Q4 2025.
Next Golar LNG earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage