Growth Metrics

Fluent (FLNT) Cost of Revenue (2016 - 2025)

Fluent has reported Cost of Revenue over the past 11 years, most recently at -$99.9 million for Q4 2025.

  • Quarterly results put Cost of Revenue at -$99.9 million for Q4 2025, down 155.35% from a year ago — trailing twelve months through Dec 2025 was -$56.4 million (down 123.64% YoY), and the annual figure for FY2025 was $14.5 million, down 92.52%.
  • Cost of Revenue for Q4 2025 was -$99.9 million at Fluent, down from $36.2 million in the prior quarter.
  • Over the last five years, Cost of Revenue for FLNT hit a ceiling of $234.7 million in Q4 2021 and a floor of -$185.7 million in Q4 2022.
  • Median Cost of Revenue over the past 5 years was $4.8 million (2023), compared with a mean of $25.5 million.
  • Biggest five-year swings in Cost of Revenue: tumbled 179.13% in 2022 and later skyrocketed 3422.47% in 2024.
  • Fluent's Cost of Revenue stood at $234.7 million in 2021, then tumbled by 179.13% to -$185.7 million in 2022, then skyrocketed by 102.76% to $5.1 million in 2023, then skyrocketed by 3422.47% to $180.4 million in 2024, then tumbled by 155.35% to -$99.9 million in 2025.
  • The last three reported values for Cost of Revenue were -$99.9 million (Q4 2025), $36.2 million (Q3 2025), and $3.2 million (Q2 2025) per Business Quant data.