Fluent (FLNT) Gross Margin (2015 - 2026)
Fluent (FLNT) posted Gross Margin of 28.91% for Q2 2026, up 29.19% on a QoQ basis from 22.38% in Q1 2026, and up 592.0% year-over-year from 4.18% in Q2 2025.
Analysis
Fluent (FLNT) Gross Margin (2015 - 2026) Analysis & Trends
Fluent has reported Gross Margin for 12 years, with the latest figure at 28.91% in Q2 2026.
- On a quarterly basis, Gross Margin rose 592.0% year-over-year to 28.91% in Q2 2026; TTM through Jun 2026 was 26.5%, a 419.0% increase from a year earlier, with the FY2025 full-year figure at 24.54%, up 67.0% from the prior year.
- Gross Margin was 28.91% for Q2 2026 at Fluent, up from 22.38% in the prior quarter.
- The five-year high for Gross Margin was 30.17% in Q4 2025, with the low at 20.71% in Q1 2025.
- Average Gross Margin over 5 years is 25.1%, with a median of 24.28% recorded in 2024.
- The largest YoY upside for Gross Margin was 891 bps in 2025 against a maximum downside of 753 bps in 2025.
- Over 5 years, Gross Margin stood at 23.67% in 2022, then rose by 21 bps to 28.64% in 2023, then slipped by 26 bps to 21.26% in 2024, then soared by 42 bps to 30.17% in 2025, then declined by 4 bps to 28.91% in 2026.
- The last three Gross Margin figures came in at 28.91% (Q2 2026), 22.38% (Q1 2026), and 30.17% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,074.35 Bn | 3,645.31 Bn | 73.85 Bn | 61.65% |
| 2 | AppLovin | 107.48 Bn | 104.43 Bn | 1.70 Bn | 88.26% |
| 3 | Trade Desk | 6.78 Bn | 5.29 Bn | 530.72 Mn | 74.22% |
| 4 | Magnite | 3.46 Bn | 3.13 Bn | 130.79 Mn | 67.83% |
| 5 | DoubleVerify Holdings | 2.07 Bn | 1.86 Bn | 161.31 Mn | 83.24% |
| 6 | Digital Turbine | 1.28 Bn | 1.24 Bn | - | - |
| 7 | Quinstreet | 1.06 Bn | 929.83 Mn | 49.81 Mn | 13.32% |
| 8 | Taboola.com | 972.14 Mn | 839.09 Mn | 139.48 Mn | 29.25% |
| 9 | Mntn | 960.26 Mn | 722.98 Mn | 66.30 Mn | 80.32% |
| 10 | Fluent | 99.52 Mn | 92.64 Mn | 14.01 Mn | 28.91% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 28.91% |
| Mar 31, 2026 | 22.38% |
| Dec 31, 2025 | 30.17% |
| Sep 30, 2025 | 23.12% |
| Jun 30, 2025 | 22.99% |
| Mar 31, 2025 | 20.71% |
| Dec 31, 2024 | 21.26% |
| Sep 30, 2024 | 24.27% |
| Jun 30, 2024 | 21.47% |
| Mar 31, 2024 | 28.24% |
| Dec 31, 2023 | 28.64% |
| Sep 30, 2023 | 24.29% |
| Jun 30, 2023 | 27.52% |
| Mar 31, 2023 | 24.57% |
| Dec 31, 2022 | 23.67% |
| Sep 30, 2022 | 26.70% |
| Jun 30, 2022 | 28.81% |
| Mar 31, 2022 | 24.14% |
| Dec 31, 2021 | 27.55% |
| Sep 30, 2021 | 25.71% |