Sfl Ltd (SFL) financials
Sfl revenue and earnings by year
Sfl's revenue was $733 million in the fiscal year to December 31, 2025, down 18.9% from the year before. Net income was -$26.4 million, -3.6% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 6.6% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 733 | 904 | 752 | 670 | 513 | 471 | 459 | 419 | 381 | 413 |
| Revenue growth | -18.9% | 20.2% | 12.2% | 30.6% | 9.0% | 2.7% | 9.6% | 9.9% | -7.8% | — |
| Gross profit | 431 | 561 | 459 | 465 | 357 | 315 | 324 | 290 | 249 | 277 |
| Gross margin | 58.8% | 62.0% | 61.0% | 69.4% | 69.5% | 67.0% | 70.7% | 69.3% | 65.4% | 67.1% |
| Operating income | 137 | 307 | 240 | 275 | 243 | -138 | 138 | 118 | 155 | 168 |
| Operating margin | 18.6% | 33.9% | 31.9% | 41.1% | 47.3% | -29.3% | 30.0% | 28.1% | 40.6% | 40.7% |
| Net income | -26 | 131 | 84 | 203 | 164 | -224 | 89 | 74 | 101 | 146 |
| Net margin | -3.6% | 14.4% | 11.2% | 30.2% | 32.0% | -47.6% | 19.4% | 17.6% | 26.6% | 35.5% |
| Diluted EPS | -$0.20 | $1.01 | $0.66 | $1.53 | $1.30 | -$2.06 | $0.83 | $0.69 | $1.03 | $1.50 |
| Free cash flow | 79 | -252 | 235 | -164 | -104 | 121 | 210 | -791 | 171 | 71 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open SFL in Markets.
See also: SFL valuation and P/E history · SFL returns
No forecast, no recommendation. This page describes Sfl Ltd from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.