Fluent (FLNT) Gross Margin (2015 - 2026)

Fluent (FLNT) recorded quarterly Gross Margin of 22.38% in Q1 2026, down 25.82% quarter-over-quarter from 30.17% in Q4 2025, and up 167.0% on a YoY basis from 8.38% in Q1 2025.

Fluent (FLNT) Gross Margin (2015 - 2026) Analysis & Trends

Fluent's Gross Margin history runs 12 years deep, the most recent figure standing at 22.38% for Q1 2026.

  • In Q1 2026, Gross Margin rose 167.0% year-over-year to 22.38%; the TTM figure through Mar 2026 stood at 40.85% (down 7053.0% YoY), while the FY2025 annual figure was 24.54%, down 6865.0% from the prior year.
  • Gross Margin was 22.38% for Q1 2026 at Fluent, down from 30.17% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 291.11% in Q4 2024 to a low of 20.71% in Q1 2025.
  • Historically, Gross Margin has averaged 64.93% across 5 years, with a median of 28.24% in 2024.
  • The sharpest annual moves came in 2024 and 2025: Gross Margin soared 19815 bps in 2024, then sank 26094 bps in 2025.
  • A 5-year view of Gross Margin shows it stood at 94.65% in 2022, then dropped by 2 bps to 92.96% in 2023, then soared by 213 bps to 291.11% in 2024, then tumbled by 90 bps to 30.17% in 2025, then decreased by 26 bps to 22.38% in 2026.
  • The last three Gross Margin figures came in at 22.38% (Q1 2026), 30.17% (Q4 2025), and 23.12% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 AppLovin 175.91 Bn 173.15 Bn 1.78 Bn 96.70%
2 Omnicom 22.52 Bn 18.86 Bn 1.04 Bn 16.62%
3 Trade Desk 9.46 Bn 8.05 Bn 506.89 Mn 73.58%
4 Wpp 2.71 Bn -875.81 Mn - -
5 Nexxen International 2.36 Bn 2.23 Bn 70.41 Mn 81.08%
6 Magnite 2.27 Bn 2.09 Bn 118.28 Mn 71.96%
7 Ziff Davis 1.74 Bn 1.22 Bn 152.41 Mn 56.94%
8 DoubleVerify Holdings 1.69 Bn 1.51 Bn 135.23 Mn 74.79%
9 Stagwell 1.60 Bn 1.51 Bn 244.61 Mn 34.74%
10 Fluent 70.50 Mn 60.20 Mn 10.04 Mn 22.38%

Historic Data

Download Data
DateValue
Mar 31, 2026 22.38%
Dec 31, 2025 30.17%
Sep 30, 2025 23.12%
Jun 30, 2025 92.80%
Mar 31, 2025 20.71%
Dec 31, 2024 291.11%
Sep 30, 2024 24.27%
Jun 30, 2024 92.16%
Mar 31, 2024 28.24%
Dec 31, 2023 92.96%
Sep 30, 2023 24.29%
Jun 30, 2023 27.52%
Mar 31, 2023 24.57%
Dec 31, 2022 94.65%
Sep 30, 2022 95.22%
Jun 30, 2022 95.44%
Mar 31, 2022 24.14%
Dec 31, 2021 27.55%
Sep 30, 2021 25.71%
Jun 30, 2021 22.86%