Fluent (FLNT) Operating Expenses (2014 - 2026)
Fluent's (FLNT) quarterly Operating Expenses came in at $48.8 million in Q1 2026, down 21.71% year-on-year from $62.3 million in Q1 2025, and down 20.91% quarter-over-quarter from $61.7 million in Q4 2025.
Fluent (FLNT) Operating Expenses (2014 - 2026) Analysis & Trends
Fluent's Operating Expenses history runs 13 years deep, the most recent figure standing at $48.8 million for Q1 2026.
- On a quarterly basis, Operating Expenses fell 21.71% year-over-year to $48.8 million in Q1 2026; TTM through Mar 2026 was $215.6 million, a 20.35% decrease from a year earlier, with the FY2025 full-year figure at $229.1 million, down 17.68% from the prior year.
- Operating Expenses retreated to $48.8 million in Q1 2026 per FLNT's latest filing, from $61.7 million in the prior quarter.
- Across five years, Operating Expenses topped out at $151.9 million in Q4 2022 and bottomed at $48.8 million in Q1 2026.
- The 5-year median for Operating Expenses is $70.8 million (2024), against an average of $82.1 million.
- Across the five-year window, Operating Expenses soared 91.67% in 2022 and plunged 50.91% in 2023, its largest moves.
- Year by year, Operating Expenses stood at $151.9 million in 2022, then plunged by 50.91% to $74.5 million in 2023, then dropped by 4.96% to $70.8 million in 2024, then retreated by 12.97% to $61.7 million in 2025, then fell by 20.91% to $48.8 million in 2026.
- Per Business Quant, the three latest FLNT Operating Expenses figures stand at $48.8 million (Q1 2026), $61.7 million (Q4 2025), and $53.3 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | AppLovin | 134.57 Bn | 131.82 Bn | 1.64 Bn | 402.52 Mn |
| 2 | Wpp | 26.03 Bn | 22.66 Bn | - | - |
| 3 | Omnicom | 22.21 Bn | 18.26 Bn | 1.04 Bn | 5.60 Bn |
| 4 | Trade Desk | 7.97 Bn | 6.56 Bn | 506.89 Mn | 622.21 Mn |
| 5 | Magnite | 2.57 Bn | 2.39 Bn | 103.96 Mn | 156.65 Mn |
| 6 | Ziff Davis | 1.94 Bn | 1.42 Bn | 223.32 Mn | 264.71 Mn |
| 7 | Stagwell | 1.76 Bn | 1.66 Bn | 244.61 Mn | 694.50 Mn |
| 8 | DoubleVerify Holdings | 1.67 Bn | 1.50 Bn | 147.67 Mn | 71.31 Mn |
| 9 | Clear Channel Outdoor Holdings | 1.20 Bn | 1.03 Bn | 193.76 Mn | 97.41 Mn |
| 10 | Fluent | 104.29 Mn | 93.99 Mn | 10.04 Mn | 48.76 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 48.76 Mn |
| Dec 31, 2025 | 61.66 Mn |
| Sep 30, 2025 | 53.33 Mn |
| Jun 30, 2025 | 51.81 Mn |
| Mar 31, 2025 | 62.29 Mn |
| Dec 31, 2024 | 70.85 Mn |
| Sep 30, 2024 | 68.40 Mn |
| Jun 30, 2024 | 69.10 Mn |
| Mar 31, 2024 | 69.94 Mn |
| Dec 31, 2023 | 74.54 Mn |
| Sep 30, 2023 | 100.17 Mn |
| Jun 30, 2023 | 75.41 Mn |
| Mar 31, 2023 | 108.41 Mn |
| Dec 31, 2022 | 151.86 Mn |
| Sep 30, 2022 | 88.42 Mn |
| Jun 30, 2022 | 149.75 Mn |
| Mar 31, 2022 | 90.69 Mn |
| Dec 31, 2021 | 95.42 Mn |
| Sep 30, 2021 | 87.91 Mn |
| Jun 30, 2021 | 78.13 Mn |