Fluent (FLNT) Net Margin (2015 - 2026)
Fluent's Net Margin came in at -12.75% for Q2 2026, up 3.41 percentage points from -16.16% a year earlier but down 0.81 percentage points from the prior quarter.
Fluent (FLNT) Net Margin (2015 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Fluent reported Net Margin of -11.48%, up 0.21 percentage points year-over-year; for FY2025, it came in at -13.01%, down 1.52 percentage points from FY2024.
- Net Margin carries a five-year change of -13.72 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was -11.50% in FY2024 (+9.69 pp), -21.19% in FY2023 (+12.97 pp), -34.15% in FY2022 (-31.10 pp) and -3.06% in FY2021 (-3.77 pp).
- The five-year range for quarterly Net Margin is -79.71% (Q4 2022) to 5.17% (Q2 2023).
- Year-over-year, Net Margin increased in four of the last eight quarters, with an average year-over-year change of +4.41 percentage points.
- The fastest year-over-year change in Net Margin over five years came in Q4 2023 (a gain of 77.10 percentage points), and the weakest in Q4 2022 (a drop of 83.55 percentage points).
- Business Quant data shows FLNT's Net Margin at -11.94% (Q1 2026), -6.66% (Q4 2025) and -16.07% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,056.92 Bn | 3,814.44 Bn | 73.85 Bn | 93.58% |
| 2 | Meta Platforms | 1,810.97 Bn | 1,513.49 Bn | 49.47 Bn | 26.07% |
| 3 | Netflix | 274.15 Bn | 234.34 Bn | 6.52 Bn | 27.08% |
| 4 | Alibaba Group Holding | 243.05 Bn | 56.82 Bn | 15.11 Bn | 3.92% |
| 5 | Shopify | 230.06 Bn | 207.24 Bn | 1.71 Bn | 41.92% |
| 6 | Uber Technologies | 139.17 Bn | 110.97 Bn | 6.38 Bn | 16.87% |
| 7 | Booking Holdings | 121.90 Bn | 54.95 Bn | - | 26.52% |
| 8 | PDD Holdings | 110.14 Bn | -133.63 Bn | 9.45 Bn | 24.19% |
| 9 | Spotify Technology | 108.32 Bn | 65.82 Bn | 1.86 Bn | 11.41% |
| 10 | Fluent | 86.75 Mn | 47.39 Mn | 14.01 Mn | -12.75% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -12.75% |
| Mar 31, 2026 | -11.94% |
| Dec 31, 2025 | -6.66% |
| Sep 30, 2025 | -16.07% |
| Jun 30, 2025 | -16.16% |
| Mar 31, 2025 | -14.98% |
| Dec 31, 2024 | -5.24% |
| Sep 30, 2024 | -12.31% |
| Jun 30, 2024 | -19.80% |
| Mar 31, 2024 | -9.51% |
| Dec 31, 2023 | -2.61% |
| Sep 30, 2023 | -50.77% |
| Jun 30, 2023 | 5.17% |
| Mar 31, 2023 | -41.35% |
| Dec 31, 2022 | -79.71% |
| Sep 30, 2022 | 3.50% |
| Jun 30, 2022 | -57.89% |
| Mar 31, 2022 | -2.26% |
| Dec 31, 2021 | 3.84% |
| Sep 30, 2021 | -2.86% |
Fluent Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=FLNT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "FLNT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=FLNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();