Filing Flows › Fluent (FLNT) › Q3 2025
Fluent (FLNT) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 14, 2025
Fluent (FLNT) reported revenue of $47.0M for the third quarter 2025 (Q3 2025), -27% from a year earlier and +5% from the quarter before. Operating margin was -13.4%, net loss $7.6M (16.1% of revenue).
Fluent, Q3 2025: revenue $47.0M (-27% year over year), operating margin -13.4%, net loss $7.6M, operating cash flow −$7.3M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $47.0M | +5% | -27% |
| Operating profit | −$6.3M | — | — |
| Net earnings | −$7.6M | — | — |
| Operating cash flow | −$7.3M | -881% | — |
What changed
Revenue was $47.0M in Q3 2025, down 27% year over year and up 5% from the previous quarter. Owned and Operated was the largest line at 44% of revenue. Owned and Operated lost $22.8M year over year (down 52%), 130% of the total change.
Operating costs exceeded revenue by $6.3M, an operating margin of -13.4%. Total costs fell 22% while revenue fell 27%. The quarter ended with a net loss of $7.6M, wider than the previous quarter's $7.2M loss.
Operating cash flow was −$7.3M. Non-cash charges added back $2.5M of depreciation and amortization and $478K of share-based compensation. Working capital and other items used $2.7M. Capital expenditures of $17K exceeded it, leaving free cash flow of −$7.3M.
Questions
What was Fluent's revenue in the third quarter 2025?
Fluent (FLNT) reported revenue of $47.0M for the third quarter 2025 (Q3 2025), -27% from a year earlier and +5% from the quarter before.
Was Fluent profitable in the third quarter 2025?
Operating loss was $6.3M (-13.4% of revenue) and net loss $7.6M.
Source: Fluent 10-Q on SEC EDGAR.