Fluent (FLNT) Research & Development (2018 - 2026)
Fluent (FLNT) recorded quarterly Research & Development of $2.8 million in Q1 2026, down 2.08% quarter-over-quarter from $2.9 million in Q4 2025, and down 16.98% on a YoY basis from $3.4 million in Q1 2025.
Fluent (FLNT) Research & Development (2018 - 2026) Analysis & Trends
Fluent's Research & Development history runs 9 years deep, the most recent figure standing at $2.8 million for Q1 2026.
- In Q1 2026, Research & Development fell 16.98% year-over-year to $2.8 million; the TTM figure through Mar 2026 stood at $11.3 million (down 28.87% YoY), while the FY2025 annual figure was $11.8 million, down 31.47% from the prior year.
- Research & Development was $2.8 million for Q1 2026 at Fluent, down from $2.9 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $4.9 million in Q1 2023 to a low of $2.6 million in Q3 2025.
- Historically, Research & Development has averaged $4.0 million across 5 years, with a median of $4.4 million in 2023.
- The sharpest annual moves came in 2022 and 2025: Research & Development jumped 39.88% in 2022, then plunged 37.65% in 2025.
- A 5-year view of Research & Development shows it stood at $4.2 million in 2022, then climbed by 5.02% to $4.4 million in 2023, then retreated by 18.0% to $3.6 million in 2024, then declined by 19.97% to $2.9 million in 2025, then retreated by 2.08% to $2.8 million in 2026.
- The last three Research & Development figures came in at $2.8 million (Q1 2026), $2.9 million (Q4 2025), and $2.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | AppLovin | 175.91 Bn | 173.15 Bn | 1.78 Bn | 94.10 Mn |
| 2 | Omnicom | 22.52 Bn | 18.86 Bn | 1.04 Bn | - |
| 3 | Trade Desk | 9.46 Bn | 8.05 Bn | 506.89 Mn | 142.72 Mn |
| 4 | Wpp | 2.71 Bn | -875.81 Mn | - | - |
| 5 | Nexxen International | 2.36 Bn | 2.23 Bn | 70.41 Mn | 15.05 Mn |
| 6 | Magnite | 2.27 Bn | 2.09 Bn | 118.28 Mn | 25.17 Mn |
| 7 | Ziff Davis | 1.74 Bn | 1.22 Bn | 152.41 Mn | 13.64 Mn |
| 8 | DoubleVerify Holdings | 1.69 Bn | 1.51 Bn | 135.23 Mn | 45.38 Mn |
| 9 | Stagwell | 1.60 Bn | 1.51 Bn | 244.61 Mn | - |
| 10 | Fluent | 70.50 Mn | 60.20 Mn | 10.04 Mn | 2.82 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.82 Mn |
| Dec 31, 2025 | 2.88 Mn |
| Sep 30, 2025 | 2.62 Mn |
| Jun 30, 2025 | 2.94 Mn |
| Mar 31, 2025 | 3.40 Mn |
| Dec 31, 2024 | 3.60 Mn |
| Sep 30, 2024 | 4.12 Mn |
| Jun 30, 2024 | 4.72 Mn |
| Mar 31, 2024 | 4.84 Mn |
| Dec 31, 2023 | 4.39 Mn |
| Sep 30, 2023 | 4.51 Mn |
| Jun 30, 2023 | 4.62 Mn |
| Mar 31, 2023 | 4.94 Mn |
| Dec 31, 2022 | 4.18 Mn |
| Sep 30, 2022 | 4.62 Mn |
| Jun 30, 2022 | 4.80 Mn |
| Mar 31, 2022 | 4.56 Mn |
| Dec 31, 2021 | 4.46 Mn |
| Sep 30, 2021 | 4.46 Mn |
| Jun 30, 2021 | 3.43 Mn |