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| Date | Value |
|---|---|
| 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% |