Fluent (FLNT) Cost of Revenue (2015 - 2026)
Fluent (FLNT) posted Cost of Revenue of $34.4 million for Q2 2026, down 1.07% on a QoQ basis from $34.8 million in Q1 2026, and little changed year-over-year from $34.4 million in Q2 2025.
Analysis
Fluent (FLNT) Cost of Revenue (2015 - 2026) Analysis & Trends
Fluent has reported Cost of Revenue for 12 years, with the latest figure at $34.4 million in Q2 2026.
- On a quarterly basis, Cost of Revenue changed 0.04% year-over-year to $34.4 million in Q2 2026; TTM through Jun 2026 was $148.6 million, a 16.8% 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 was $34.4 million for Q2 2026 at Fluent, down from $34.8 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.
- Average Cost of Revenue over 5 years is $50.4 million, with a median of $49.5 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2025: Cost of Revenue jumped 32.5% in 2022, then fell 26.0% in 2025.
- Over 5 years, Cost of Revenue stood at $64.6 million in 2022, then retreated by 19.66% to $51.9 million in 2023, then decreased by 0.81% to $51.5 million in 2024, then dropped by 16.19% to $43.2 million in 2025, then slipped by 20.22% to $34.4 million in 2026.
- The last three Cost of Revenue figures came in at $34.4 million (Q2 2026), $34.8 million (Q1 2026), and $43.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,988.57 Bn | 3,559.53 Bn | 73.85 Bn | 45.94 Bn |
| 2 | AppLovin | 102.43 Bn | 99.38 Bn | 1.70 Bn | 225.80 Mn |
| 3 | Trade Desk | 6.51 Bn | 5.03 Bn | 530.72 Mn | 184.33 Mn |
| 4 | Magnite | 3.38 Bn | 3.05 Bn | 130.79 Mn | 62.04 Mn |
| 5 | DoubleVerify Holdings | 2.06 Bn | 1.85 Bn | 161.31 Mn | 32.48 Mn |
| 6 | Digital Turbine | 1.28 Bn | 1.24 Bn | - | - |
| 7 | Taboola.com | 1.03 Bn | 897.53 Mn | 139.48 Mn | 337.35 Mn |
| 8 | Quinstreet | 1.02 Bn | 890.87 Mn | 49.81 Mn | 324.07 Mn |
| 9 | Ibotta | 916.56 Mn | 768.39 Mn | 69.72 Mn | 19.19 Mn |
| 10 | Fluent | 95.90 Mn | 89.02 Mn | 14.01 Mn | 34.44 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 34.44 Mn |
| Mar 31, 2026 | 34.81 Mn |
| Dec 31, 2025 | 43.17 Mn |
| Sep 30, 2025 | 36.16 Mn |
| Jun 30, 2025 | 34.43 Mn |
| Mar 31, 2025 | 43.78 Mn |
| Dec 31, 2024 | 51.50 Mn |
| Sep 30, 2024 | 48.86 Mn |
| Jun 30, 2024 | 46.11 Mn |
| Mar 31, 2024 | 47.35 Mn |
| Dec 31, 2023 | 51.92 Mn |
| Sep 30, 2023 | 50.15 Mn |
| Jun 30, 2023 | 59.54 Mn |
| Mar 31, 2023 | 58.27 Mn |
| Dec 31, 2022 | 64.63 Mn |
| Sep 30, 2022 | 65.27 Mn |
| Jun 30, 2022 | 70.03 Mn |
| Mar 31, 2022 | 67.56 Mn |
| Dec 31, 2021 | 72.34 Mn |
| Sep 30, 2021 | 63.78 Mn |