Fluent (FLNT) Cost of Revenue (2012 - 2026)
Fluent (FLNT) posted quarterly Cost of Revenue of $34.8 million for Q1 2026, down 20.47% year-over-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.
- In Q1 2026, Cost of Revenue fell 20.47% year-over-year to $34.8 million; the TTM figure through Mar 2026 stood at $148.6 million (down 21.91% YoY), while the FY2025 annual figure was $157.5 million, down 18.73% from the prior year.
- Cost of Revenue for Q1 2026 stood at $34.8 million, down from $43.2 million in the prior quarter.
- The five-year high for Cost of Revenue was $70.0 million in Q2 2022, with the low 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.
- The sharpest annual moves came in 2022 and 2025: Cost of Revenue surged 32.5% in 2022, then dropped 26.0% in 2025.
- Fluent's Cost of Revenue stood at $64.6 million in 2022, then declined by 19.66% to $51.9 million in 2023, then fell by 0.81% to $51.5 million in 2024, then decreased by 16.19% to $43.2 million in 2025, then decreased by 19.35% to $34.8 million in 2026.
- Business Quant data shows FLNT's Cost of Revenue at $34.8 million in Q1 2026, $43.2 million in Q4 2025, and $36.2 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | AppLovin | 103.70 Bn | 100.65 Bn | 1.70 Bn | 225.80 Mn |
| 2 | Omnicom | 24.37 Bn | 21.03 Bn | 1.30 Bn | 5.26 Bn |
| 3 | Trade Desk | 6.27 Bn | 4.78 Bn | 530.72 Mn | 184.33 Mn |
| 4 | Wpp | 5.67 Bn | 2.50 Bn | - | - |
| 5 | Magnite | 3.35 Bn | 3.02 Bn | 130.79 Mn | 62.04 Mn |
| 6 | Stagwell | 2.09 Bn | 1.98 Bn | 269.24 Mn | 517.06 Mn |
| 7 | DoubleVerify Holdings | 2.05 Bn | 1.84 Bn | 161.31 Mn | 32.48 Mn |
| 8 | Ziff Davis | 2.02 Bn | 410.50 Mn | 241.03 Mn | 45.71 Mn |
| 9 | Clear Channel Outdoor Holdings | 1.22 Bn | 1.02 Bn | 241.86 Mn | 196.18 Mn |
| 10 | Fluent | 130.28 Mn | 123.40 Mn | 14.01 Mn | 34.44 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 34.44 Mn |
| Jun 30, 2026 | 34.44 Mn |
| 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 |