Fluent, Inc. (FLNT)

Fluent Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024
Revenue	198.41	208.76	254.62
Revenue Growth (YoY)	-18.64%	-18.01%	-
Cost of Revenue	148.56	157.52	193.82
Gross Profit	49.85	51.24	60.8
Selling, General & Admin	45.97	49.19	55.01
Depreciation & Amortization Expenses	8.97	9.75	9.93
Research & Development	11.27	11.84	17.28
Other Operating Expenses	0.79	0.77	2.24
Total Operating Expenses	67	71.56	84.46
Operating Income	-17.16	-20.32	-23.66
Total Non-Operating Income (Expense)	-7.33	-6.85	-7.43
Pretax Income	-24.48	-27.17	-31.09
Provision for Income Taxes	-0.24	-0	-1.81
Net Income	-24.25	-27.17	-29.28
Net Income to Common	-24.25	-27.17	-29.28
Shares Outstanding (Basic)	29	26	16
Shares Outstanding (Diluted)	29	26	16
Shares Change (YoY)	60.40%	59.72%	-
EPS (Basic)	-0.87	-1.05	-1.80
EPS (Diluted)	-0.87	-1.05	-1.80
Shares Outstanding	29.82	29.64	20.02
Free Cash Flow	1.41	-1.54	-14.12
Free Cash Flow Per Share	0.05	-0.06	-0.87
Gross Margin	25.12%	24.54%	23.88%
Operating Margin	-8.65%	-9.73%	-9.29%
Profit Margin	-12.22%	-13.01%	-11.50%
FCF Margin	0.71%	-0.74%	-5.54%
EBITDA	-8.18	-10.57	-13.73
EBITDA Margin	-4.12%	-5.06%	-5.39%
EBIT	-17.16	-20.32	-23.66
EBIT Margin	-8.65%	-9.73%	-9.29%
Effective Tax Rate	0.96%	0.01%	5.83%

Updated May 13, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q