Fluent (FLNT) Cost of Revenue (2015 - 2026)

Fluent's Cost of Revenue history runs 12 years deep, the most recent figure standing at $34.8 million for Q1 2026.

• In Q1 2026, Cost of Revenue fell 20.47% year-over-year to $34.8 million; the TTM figure through Mar 2026 stood at $117.4 million (up 522.74% YoY), while the FY2025 annual figure was $157.5 million, up 809.64% from the prior year.
• Cost of Revenue was $34.8 million for Q1 2026 at Fluent, down from $43.2 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $67.6 million in Q1 2022 to a low of -$125.0 million in Q4 2024.
• Historically, Cost of Revenue has averaged $23.0 million across 5 years, with a median of $36.2 million in 2025.
• The sharpest annual moves came in 2022 and 2024: Cost of Revenue soared 2181.73% in 2022, then plunged 2540.47% in 2024.
• A 5-year view of Cost of Revenue shows it stood at $4.5 million in 2022, then increased by 13.04% to $5.1 million in 2023, then slumped by 2540.47% to -$125.0 million in 2024, then surged by 134.53% to $43.2 million in 2025, then slipped by 19.35% to $34.8 million in 2026.
• The last three Cost of Revenue figures came in at $34.8 million (Q1 2026), $43.2 million (Q4 2025), and $36.2 million (Q3 2025), per Business Quant data.