Filing Flows › Fluent (FLNT) › Q4 2025
Fluent (FLNT) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 31, 2026
Fluent (FLNT) reported revenue of $61.8M for the fourth quarter 2025 (Q4 2025), -5% from a year earlier and +31% from the quarter before. Operating margin was 0.3%, net loss $4.1M (6.7% of revenue).
Fluent, Q4 2025: revenue $61.8M (-6% year over year), operating margin 0.3%, net loss $4.1M, operating cash flow $2.8M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $61.8M | +31% | -5% |
| Operating profit | $163K | — | — |
| Net earnings | −$4.1M | — | — |
| Operating cash flow | $2.8M | — | — |
| Free cash flow | $2.8M | — | — |
What changed
Revenue was $61.8M in Q4 2025, down 5% year over year and up 31% from the previous quarter. Commerce Media Solutions was the largest line at 56% of revenue.
Operating profit was $163K, a 0.3% margin (up 8.6 points year over year). Total costs fell 13% while revenue fell 5%. The fastest-growing cost line was Other operating costs (+28%). The quarter ended with a net loss of $4.1M, narrower than the previous quarter's $7.6M loss. Net interest and other expense of $4.4M was the main reason.
Operating cash flow was $2.8M. Non-cash charges added back $2.3M of depreciation and amortization and $1.1M of share-based compensation. Working capital and other items added $3.5M. Capital expenditures of $21K left free cash flow of $2.8M.
Questions
What was Fluent's revenue in the fourth quarter 2025?
Fluent (FLNT) reported revenue of $61.8M for the fourth quarter 2025 (Q4 2025), -5% from a year earlier and +31% from the quarter before.
Was Fluent profitable in the fourth quarter 2025?
Operating profit was $163K (0.3% of revenue) and net loss $4.1M.
Source: Fluent 10-K on SEC EDGAR.