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
DateValue
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