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Fluent, Inc. logo

Fluent, Inc.

FLNT

NASDAQCommunication ServicesAdvertising Agencies

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Previous close

$4.125

+$0.005 · +0.12%

Aug 21, 4:00 PM ET

FLNT company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

39

Expensive

Momentum

58

Neutral

Sentiment

61

Bullish

Risk resilience

51

Elevated Risk

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Company profile

Company website

Fluent, Inc. specializes in providing data-powered digital marketing solutions, primarily concentrating its efforts within the United States. The company's operations are divided into two main segments: 'Fluent' and 'All Other.' A core service Fluent delivers is customer acquisition, achieved by designing and executing online marketing campaigns that effectively connect its advertiser clients with their target consumers. Beyond this, the firm furnishes analytically-driven and performance-focused marketing strategies to approximately 500 diverse clients, including consumer brands, direct marketers, and various agencies. These clients operate across a broad spectrum of industries, such as financial products and services, media and entertainment, health and wellness, retail and consumer goods, and staffing and recruitment. Fluent, Inc.'s corporate headquarters is situated in New York, New York.

Industry
Advertising Agencies
Sector
Communication Services
Headquarters
US
CEO
Donald Huntley Patrick
Listed since
Dec 28, 2007
Employees
186

Market position

Day range

Current $4.125

52-week range

Current $4.125

Open
$4.185
Previous close
$4.12
Volume
110.57K
1.51× average
Average volume
73.31K
Average daily volume
Market cap
122.99M USD
Beta
0.75
Market reference 1
50-day average
$3.5982
+14.64% above average
200-day average
$3.0319
+36.05% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
87.06M USD
P/E (TTM)
-5.36×
P/B (TTM)
16.06×
P/S (TTM)
0.61×
EV / EBITDA
-6.07×
Earnings yield
-43.59%
Free cash flow yield
-2.47%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
24.52%
Operating margin
-8.17%
Net margin
-11.48%
Return on equity
-149.17%
Return on assets
-30.48%
Return on invested capital
-34.87%

Financial health

Debt / equity
4.27×
Current ratio
1.04×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends32%8%-16%-40%Gross margin, FY2021: 25.98%Gross margin, FY2022: 25.93%Gross margin, FY2023: 26.31%Gross margin, FY2024: 23.88%Gross margin, FY2025: 19.87%Operating margin, FY2021: -1.42%Operating margin, FY2022: -33.12%Operating margin, FY2023: -20.15%Operating margin, FY2024: -9.29%Operating margin, FY2025: -9.36%Net margin, FY2021: -3.06%Net margin, FY2022: -34.15%Net margin, FY2023: -21.19%Net margin, FY2024: -11.50%Net margin, FY2025: -13.01%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 25.98%. Gross margin FY2022 25.93%. Gross margin FY2023 26.31%. Gross margin FY2024 23.88%. Gross margin FY2025 19.87%. Operating margin FY2021 -1.42%. Operating margin FY2022 -33.12%. Operating margin FY2023 -20.15%. Operating margin FY2024 -9.29%. Operating margin FY2025 -9.36%. Net margin FY2021 -3.06%. Net margin FY2022 -34.15%. Net margin FY2023 -21.19%. Net margin FY2024 -11.50%. Net margin FY2025 -13.01%.

Income trends

Revenue

208.76M USD-18.01%

Operating income

−19.55M USD+17.38%

Net income

−27.17M USD+7.21%
Income trends across reported periods409.58M USD215.79M USD22.01M USD−171.78M USDRevenue, FY2021: 329.25M USDRevenue, FY2022: 361.13M USDRevenue, FY2023: 298.4M USDRevenue, FY2024: 254.62M USDRevenue, FY2025: 208.76M USDOperating income, FY2021: −4.67M USDOperating income, FY2022: −119.59M USDOperating income, FY2023: −60.13M USDOperating income, FY2024: −23.66M USDOperating income, FY2025: −19.55M USDNet income, FY2021: −10.06M USDNet income, FY2022: −123.33M USDNet income, FY2023: −63.22M USDNet income, FY2024: −29.28M USDNet income, FY2025: −27.17M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 329.25M USD. Revenue FY2022 361.13M USD. Revenue FY2023 298.4M USD. Revenue FY2024 254.62M USD. Revenue FY2025 208.76M USD. Operating income FY2021 −4.67M USD. Operating income FY2022 −119.59M USD. Operating income FY2023 −60.13M USD. Operating income FY2024 −23.66M USD. Operating income FY2025 −19.55M USD. Net income FY2021 −10.06M USD. Net income FY2022 −123.33M USD. Net income FY2023 −63.22M USD. Net income FY2024 −29.28M USD. Net income FY2025 −27.17M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue208.76M USD254.62M USD298.4M USD361.13M USD329.25M USD
Cost of goods sold167.28M USD193.82M USD219.88M USD267.49M USD243.72M USD
Gross profit41.49M USD60.8M USD78.52M USD93.65M USD85.53M USD
Research and development11.84M USD17.28M USD18.45M USD18.16M USD15.79M USD
Selling, general, and administrative49.19M USD55.01M USD54.51M USD54.89M USD60.89M USD
Operating expenses61.04M USD84.46M USD138.65M USD213.24M USD90.2M USD
Interest expense3.07M USD4.75M USD3.2M USD1.97M USD2.18M USD
Depreciation and amortization9.75M USD9.93M USD10.88M USD13.21M USD13.17M USD
Operating income−19.55M USD−23.66M USD−60.13M USD−119.59M USD−4.67M USD
Net income−27.17M USD−29.28M USD−63.22M USD−123.33M USD−10.06M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
36%
4 beats, 7 misses, 0 met estimates
Average EPS surprise
-44.01%
11 comparable reports
Latest EPS result
-0.13
Estimate -0.15 · Beat by 11.37%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates-0.03-0.14-0.24-0.35Q1 '25BeatQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 28, 2025: actual -0.18, estimate -0.23, surprise +21.74%, Beat. Q2 2025, reported May 15, 2025: actual -0.31, estimate -0.295, surprise -5.08%, Miss. Q3 2025, reported Aug 19, 2025: actual -0.24, estimate -0.23, surprise -4.35%, Miss. Q4 2025, reported Nov 13, 2025: actual -0.23, estimate -0.14, surprise -64.29%, Miss. Q1 2026, reported Mar 9, 2026: actual -0.09, estimate -0.04, surprise -125.00%, Miss. Q2 2026, reported May 13, 2026: actual -0.19, estimate -0.21, surprise +9.52%, Beat. Q3 2026, reported Aug 10, 2026: actual -0.13, estimate -0.147, surprise +11.37%, Beat. Q4 2026, reported Nov 12, 2026: actual —, estimate -0.08, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates70.77M61.15M51.53M41.92MQ1 '25MissQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26MissQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 28, 2025: actual 65.41M USD, estimate 68.05M USD, surprise -3.88%, Miss. Q2 2025, reported May 15, 2025: actual 55.21M USD, estimate 57.55M USD, surprise -4.07%, Miss. Q3 2025, reported Aug 19, 2025: actual 44.71M USD, estimate 52.69M USD, surprise -15.16%, Miss. Q4 2025, reported Nov 13, 2025: actual 47.03M USD, estimate 52.92M USD, surprise -11.13%, Miss. Q1 2026, reported Mar 9, 2026: actual 61.82M USD, estimate 62.57M USD, surprise -1.20%, Miss. Q2 2026, reported May 13, 2026: actual 44.85M USD, estimate 48.8M USD, surprise -8.10%, Miss. Q3 2026, reported Aug 10, 2026: actual 48.45M USD, estimate 44.64M USD, surprise +8.54%, Beat. Q4 2026, reported Nov 12, 2026: actual —, estimate 50.08M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$5.00

21.21% upside
Past 12 months12-month forecastHigh $5.50Average $5.00Low $4.50

Rating distribution

3 ratings

Limited analyst sample: 3 ratings. Interpret the distribution with caution.

Strong buy00%
Buy133%
Hold267%
Sell00%
Strong sell00%

FLNT news

globenewswire.com

Fluent, Inc. To Attend Lake Street Capital Markets 10th Annual Best Ideas Growth Conference

NEW YORK, Aug. 19, 2026 (GLOBE NEWSWIRE) -- Fluent, Inc. (NASDAQ: FLNT), a leading provider of commerce media solutions, today announced that Don Patrick, Chief Executive Officer, and Ryan Perfit, Chief Financial…

Read source
seekingalpha.com

Fluent, Inc. (FLNT) Q2 2026 Earnings Call Transcript

Fluent, Inc. (FLNT) Q2 2026 Earnings Call Transcript

Read source
zacks.com

Fluent (FLNT) Reports Q2 Loss, Beats Revenue Estimates

Fluent (FLNT) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of $0.15. This compares to a loss of $0.24 per share a year ago.

Read source
marketbeat.com

Fluent Q2 Earnings Call Highlights

Fluent NASDAQ: FLNT reported second-quarter 2026 revenue growth as its Commerce Media Solutions business expanded sharply and became a larger share of the company's overall mix. Management said the quarter marked a…

Read source
globenewswire.com

Fluent, Inc. to Announce 2026 Second Quarter Financial Results and Host Earnings Conference Call on August 10, 2026

NEW YORK, July 29, 2026 (GLOBE NEWSWIRE) -- Fluent, Inc. (NASDAQ: FLNT), a leading provider of commerce media solutions, today announced that it will report its financial results for the quarter ended June 30, 2026,…

Read source
globenewswire.com

Fluent Announces Receipt of Exemptive Relief Relating to Annual General and Special Meeting; Extension of Proxy Deposit Deadline

TORONTO, July 23, 2026 (GLOBE NEWSWIRE) -- FLUENT Corp. (CSE: FNT.U) (OTCQB: CNTMF) (“FLUENT” or the “Company”), a vertically-integrated, multi-state cannabis company, announces that, further to its news releases dated…

Read source

Corporate actions

Corporate action history

Stock split

Effective Apr 12, 2024

1:6

Stock split

Effective Mar 20, 2015

1:5

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