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
DateValue
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