Fluent (FLNT) Operating Expenses (2014 - 2026)
Fluent (FLNT) recorded quarterly Operating Expenses of $48.8 million in Q1 2026, down 20.91% quarter-over-quarter from $61.7 million in Q4 2025, and down 21.71% on a YoY basis from $62.3 million in Q1 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.
- In Q1 2026, Operating Expenses fell 21.71% year-over-year to $48.8 million; the TTM figure through Mar 2026 stood at $215.6 million (down 20.35% YoY), while the FY2025 annual figure was $229.1 million, down 17.68% from the prior year.
- Operating Expenses was $48.8 million for Q1 2026 at Fluent, down from $61.7 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $151.9 million in Q4 2022 to a low of $48.8 million in Q1 2026.
- Historically, Operating Expenses has averaged $82.1 million across 5 years, with a median of $70.8 million in 2024.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses jumped 91.67% in 2022, then plunged 50.91% in 2023.
- A 5-year view of Operating Expenses shows it stood at $151.9 million in 2022, then slumped 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.
- The last three Operating Expenses figures came in at $48.8 million (Q1 2026), $61.7 million (Q4 2025), and $53.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | AppLovin | 175.91 Bn | 173.15 Bn | 1.78 Bn | 402.52 Mn |
| 2 | Omnicom | 22.52 Bn | 18.86 Bn | 1.04 Bn | 5.60 Bn |
| 3 | Trade Desk | 9.46 Bn | 8.05 Bn | 506.89 Mn | 622.21 Mn |
| 4 | Wpp | 2.71 Bn | -875.81 Mn | - | - |
| 5 | Nexxen International | 2.36 Bn | 2.23 Bn | 70.41 Mn | 75.27 Mn |
| 6 | Magnite | 2.27 Bn | 2.09 Bn | 118.28 Mn | 156.65 Mn |
| 7 | Ziff Davis | 1.74 Bn | 1.22 Bn | 152.41 Mn | 264.71 Mn |
| 8 | DoubleVerify Holdings | 1.69 Bn | 1.51 Bn | 135.23 Mn | 71.10 Mn |
| 9 | Stagwell | 1.60 Bn | 1.51 Bn | 244.61 Mn | 694.50 Mn |
| 10 | Fluent | 70.50 Mn | 60.20 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 |