Filing Flows › Fluent (FLNT) › Q2 2025
Fluent (FLNT) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 19, 2025
Fluent (FLNT) reported revenue of $44.7M for the second quarter 2025 (Q2 2025), -24% from a year earlier and -19% from the quarter before. Operating margin was -15.9%, net loss $7.2M (16.2% of revenue).
Fluent, Q2 2025: revenue $44.7M (-24% year over year), operating margin -15.9%, net loss $7.2M, operating cash flow $935K. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $44.7M | -19% | -24% |
| Operating profit | −$7.1M | — | — |
| Net earnings | −$7.2M | — | — |
| Operating cash flow | $935K | -56% | — |
| Free cash flow | $904K | -57% | — |
What changed
Revenue was $44.7M in Q2 2025, down 24% year over year and down 19% from the previous quarter. Owned and Operated was the largest line at 48% of revenue. Owned and Operated lost $20.6M year over year (down 49%), 147% of the total change.
Operating costs exceeded revenue by $7.1M, an operating margin of -15.9%. Total costs fell 25% while revenue fell 24%. The quarter ended with a net loss of $7.2M, narrower than the previous quarter's $8.3M loss.
Operating cash flow was $935K. Non-cash charges added back $2.5M of depreciation and amortization and $331K of share-based compensation. Working capital and other items added $5.3M. Capital expenditures of $31K left free cash flow of $904K.
Questions
What was Fluent's revenue in the second quarter 2025?
Fluent (FLNT) reported revenue of $44.7M for the second quarter 2025 (Q2 2025), -24% from a year earlier and -19% from the quarter before.
Was Fluent profitable in the second quarter 2025?
Operating loss was $7.1M (-15.9% of revenue) and net loss $7.2M.
Source: Fluent 10-Q on SEC EDGAR.