Golar LNG Limited Cost of Revenue

Cost of Revenue of GLNG for past 10 years: annual, quarterly and twelve month trailing (TTM) including Cost of Revenue growth rates and interactive chart. Cost of revenue refers to the direct costs attributable to the production of the goods or supply of services by an entity. It is also commonly known as the “cost of goods sold (COGS)”. Cost of sales measures the cost of goods produced or services provided in a period by an entity. It includes the cost of the direct materials used in producing the goods, direct labor costs used to produce the good, along with any other direct costs associated with the production of goods. In case of services cost of sales includes the labor cost or salaries of the employees and other directly attributable costs. Cost of sales does not include indirect expenses such as distribution costs and marketing costs. It appears on the income statement and is deducted from the sales revenue for the calculation of gross profit (or gross margin).

Highlights and Quick Summary

  • Cost of Revenue for the quarter ending September 29, 2020 was $28.7 Million (a 11.35% increase compared to previous quarter)
  • Year-over-year quarterly Cost of Revenue decreased by -13.37%
  • Annual Cost of Revenue for 2020 was $122 Million (a -24.09% decrease from previous year)
  • Annual Cost of Revenue for 2019 was $160 Million (a -21.0% decrease from previous year)
  • Annual Cost of Revenue for 2018 was $203 Million (a 72.88% increase from previous year)
  • Twelve month Cost of Revenue ending September 29, 2020 was $123 Million (a -4.13% decrease compared to previous quarter)
  • Twelve month trailing Cost of Revenue decreased by -23.38% year-over-year
Trailing Cost of Revenue for the last four month:
29 Sep '20 29 Jun '20 30 Mar '20 30 Dec '19
$123 Million $128 Million $147 Million $160 Million
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Historical Cost of Revenue of Golar LNG Limited

Most recent Cost of Revenueof GLNG including historical data for past 10 years.

Interactive Chart of Cost of Revenue of Golar LNG Limited

Golar LNG Limited Cost of Revenue for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 – $28.71 $25.78 $35.06 $121.56
2019 $33.14 $34.0 $45.25 $47.75 $160.13
2018 $69.18 $53.59 $36.98 $42.94 $202.69
2017 $36.54 $26.92 $23.91 $29.87 $117.24
2016 $24.06 $23.75 $26.22 $26.69 $100.73
2015 $25.02 $25.9 $36.23 $38.24 $125.39
2014 $24.66 $17.34 $15.03 $19.88 $76.91
2013 $17.83 $14.77 $14.09 $11.32 $58.01
2012 $24.23 $22.76 $20.87 $28.66 $96.53
2011 $18.7 $15.33 $17.04 $17.84 $68.91
2010 $17.41 $22.09 $22.09 – $85.22

Business Profile of Golar LNG Limited

Sector: Energy
Industry: Oil & Gas Midstream
Golar LNG Limited provides infrastructure for the liquefaction, transportation, regasification, and downstream distribution of LNG. It operates through three segments: Vessel Operations, Floating Liquefaction Natural Gas Vessel (FLNG), and Power. The company engages in the acquisition, ownership, operation, and chartering of LNG carriers, FLNG, and floating storage regasification units (FSRUs); and the development of gas to power projects, as well as LNG distribution operations. As of April 16, 2020, it operated twelve LNG carriers, one FSRU, and two FLNGs. The company was founded in 1946 and is headquartered in Hamilton, Bermuda.
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