Fluent (FLNT) Cost of Revenue (2012 - 2026)
Fluent's (FLNT) quarterly Cost of Revenue came in at $34.8 million in Q1 2026, down 20.47% year-on-year from $43.8 million in Q1 2025, and down 19.35% quarter-over-quarter from $43.2 million in Q4 2025.
Fluent (FLNT) Cost of Revenue (2012 - 2026) Analysis & Trends
Fluent's Cost of Revenue history runs 13 years deep, the most recent figure standing at $34.8 million for Q1 2026.
- On a quarterly basis, Cost of Revenue fell 20.47% year-over-year to $34.8 million in Q1 2026; TTM through Mar 2026 was $148.6 million, a 21.91% decrease from a year earlier, with the FY2025 full-year figure at $157.5 million, down 18.73% from the prior year.
- Cost of Revenue fell to $34.8 million in Q1 2026 per FLNT's latest filing, from $43.2 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $70.0 million in Q2 2022 and bottomed at $34.4 million in Q2 2025.
- The 5-year median for Cost of Revenue is $50.1 million (2023), against an average of $51.4 million.
- Across the five-year window, Cost of Revenue surged 32.5% in 2022 and retreated 26.0% in 2025, its largest moves.
- Year by year, Cost of Revenue stood at $64.6 million in 2022, then fell by 19.66% to $51.9 million in 2023, then retreated by 0.81% to $51.5 million in 2024, then slipped by 16.19% to $43.2 million in 2025, then slipped by 19.35% to $34.8 million in 2026.
- Per Business Quant, the three latest FLNT Cost of Revenue figures stand at $34.8 million (Q1 2026), $43.2 million (Q4 2025), and $36.2 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | AppLovin | 139.99 Bn | 137.23 Bn | 1.64 Bn | 203.63 Mn |
| 2 | Omnicom | 24.54 Bn | 20.25 Bn | 1.04 Bn | 5.21 Bn |
| 3 | Wpp | 20.99 Bn | 17.30 Bn | - | - |
| 4 | Trade Desk | 8.50 Bn | 7.09 Bn | 506.89 Mn | 181.97 Mn |
| 5 | 36Kr Holdings | 2.96 Bn | 2.94 Bn | 11.56 Mn | 7.72 Mn |
| 6 | Magnite | 2.77 Bn | 2.59 Bn | 103.96 Mn | 60.41 Mn |
| 7 | Ziff Davis | 1.98 Bn | 1.46 Bn | 223.32 Mn | 44.32 Mn |
| 8 | Stagwell | 1.94 Bn | 1.83 Bn | 244.61 Mn | 459.53 Mn |
| 9 | DoubleVerify Holdings | 1.76 Bn | 1.59 Bn | 147.67 Mn | 33.16 Mn |
| 10 | Fluent | 106.53 Mn | 96.23 Mn | 10.04 Mn | 34.81 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 34.81 Mn |
| Mar 31, 2026 | 34.81 Mn |
| Dec 31, 2025 | 43.17 Mn |
| Dec 31, 2025 | 43.17 Mn |
| Sep 30, 2025 | 36.16 Mn |
| Sep 30, 2025 | 36.16 Mn |
| Jun 30, 2025 | 34.43 Mn |
| Jun 30, 2025 | 34.43 Mn |
| Mar 31, 2025 | 43.78 Mn |
| Mar 31, 2025 | 43.78 Mn |
| Dec 31, 2024 | 51.50 Mn |
| Dec 31, 2024 | 51.50 Mn |
| Sep 30, 2024 | 48.86 Mn |
| Sep 30, 2024 | 48.86 Mn |
| Jun 30, 2024 | 46.11 Mn |
| Jun 30, 2024 | 46.11 Mn |
| Mar 31, 2024 | 47.35 Mn |
| Mar 31, 2024 | 47.35 Mn |
| Dec 31, 2023 | 51.92 Mn |
| Dec 31, 2023 | 51.92 Mn |