Fluent, Inc. (FLNT)

Fluent Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024
Period Ending	Dec 31, 2025	Dec 31, 2024
Revenue	208.76	254.62
Revenue Growth (YoY)	-18.01%	-
Cost of Revenue	157.52	193.82
Gross Profit	51.24	60.8
Selling, General & Admin	49.19	55.01
Depreciation & Amortization Expenses	9.75	9.93
Research & Development	11.84	17.28
Other Operating Expenses	0.77	2.24
Total Operating Expenses	71.56	84.46
Operating Income	-20.32	-23.66
Total Non-Operating Income (Expense)	-6.85	-7.43
Pretax Income	-27.17	-31.09
Provision for Income Taxes	-0	-1.81
Net Income	-27.17	-29.28
Net Income to Common	-27.17	-29.28
Shares Outstanding (Basic)	26	16
Shares Outstanding (Diluted)	26	16
Shares Change (YoY)	59.72%	-
EPS (Basic)	-1.05	-1.80
EPS (Diluted)	-1.05	-1.80
Shares Outstanding	29.64	20.02
Free Cash Flow	-1.54	-14.12
Free Cash Flow Per Share	-0.06	-0.87
Gross Margin	24.54%	23.88%
Operating Margin	-9.73%	-9.29%
Profit Margin	-13.01%	-11.50%
FCF Margin	-0.74%	-5.54%
EBITDA	-10.57	-13.73
EBITDA Margin	-5.06%	-5.39%
EBIT	-20.32	-23.66
EBIT Margin	-9.73%	-9.29%
Effective Tax Rate	0.01%	5.83%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q