SFL (SFL) earnings

SFL earnings: last reported Wed, 26 Aug 2026, for the quarter ended Jun 2026.

SFL earnings calls

SFL earnings calls (SFL)

Latest concall · Q2 2026 · call held 26 Aug 2026

SFL Q2 FY26 — Strong Tanker Performance and Car Carrier Expansion

What went well

EBITDA equivalent cash flow increased by 20% QoQ to $130 million.
Suezmax tankers achieved an average spot TCE of $133,000 per day in Q2, up from $54,000 in Q1.
Added $233 million in firm backlog from new car carrier orders and charters.

What to watch

Energy segment utilization was 50% due to the Hercules rig preparing for upcoming contracts.
The two newbuild car carriers are currently open for charter, with employment still being sought.

Read the full call →

Performance −98.0% 1Y

1Y: $669.6 on 29 Sept 2025 → $13.16. High $808.95 (14 Jul 2026), low $12.03 (26 Aug 2026).

Quarterly results

Q2 FY26: revenue up 21.4%, net profit up 376.9% against the same quarter last year.

US$ mn · quarterly

Line item	Q1 FY24	Q2 FY24	Q3 FY24	Q1 FY25	Q2 FY25	Q3 FY25	Q1 FY26	Q2 FY26
Revenue	0	0	0	0	0 −3%	0 +8%	0 +29%	0 +21%
Expenses	0	0	0	0	0	0	0	0
EBITDA	0	0	0	0	0 −7%	0 +45%	0 +67%	0 +304%
Margin	10%	7%	9%	3%	9%	10%	11%	11%
Other income	0	0	0	0	0	0	0	0
Interest	0	0	0	0	0	0	0	0
Depreciation	0	0	0	0	0	0	0	0
Profit before tax	0	0	0	0	0 −88%	0 −77%	0 +262%	0 +3900%
Tax rate	17%	12%	23%	-496%	50%	38%	18%	26%
Net profit	0	0	0	0	0 −89%	0 −79%	0 +360%	0 +377%
EPS	5.94	4.23	1.83	1.20	0.60	0.89	8.36	5.63

How to read this

US$ million, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Balance sheet

Year ending	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Equity capital	$1.28M	$1.39M	$1.39M	$1.39M	$1.47M	$1.47M
Reserves	-$257.06M	-$92.72M	$40.02M	$960.0K	$0	-$26.43M
Total liabilities	$2.30B	$2.48B	$2.77B	$2.69B	$2.98B	$2.68B
Fixed assets	—	—	—	$2.65B	$3.55B	$3.12B
Total assets	$3.09B	$3.46B	$3.86B	$3.73B	$4.11B	$3.64B

How to read this

As filed on each reporting date, including interim balance sheets. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Insider filings

No filings in the last 12 months.

No officer, director or 10% owner of SFL filed a Form 4 in this window. That is a statement about filings, not about ownership — see the note below.

Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.