Fluent, Inc. (FLNT) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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FLNT Revenue Growth
Revenue Breakdown (FY 2024)
FLNT's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
FLNT Revenue Analysis (2014–2025)
As of May 8, 2026, Fluent, Inc. (FLNT) generated trailing twelve-month (TTM) revenue of $208.8 million, reflecting moderate decline in growth of -5.5% year-over-year. The most recent quarter (Q4 2025) recorded $61.8 million in revenue, up 31.4% sequentially.
Looking at the longer-term picture, FLNT's 5-year compound annual growth rate (CAGR) stands at -7.6%, indicating revenue contraction over this period. The company achieved its highest annual revenue of $361.1 million in 2022.
Revenue diversification analysis shows FLNT's business is primarily driven by Fluent Segment (100%). With over half of revenue concentrated in Fluent Segment, the company maintains significant focus in this area while developing other growth vectors.
When compared to Communication Services sector peers including ACMR (+15.2% YoY), PERI (-11.7% YoY), and CDLX (-24.5% YoY), FLNT has underperformed the peer group in terms of revenue growth. Compare FLNT vs ACMR →
FLNT Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| FLNTCurrent | $209M | -5.5% | -7.6% | -9.7% | |
 ACMR | $901M | +15.2% | +41.9% | 12.1% | |
 PERI | $440M | -11.7% | +6.0% | -3.1% | |
 CDLX | $233M | -24.5% | +4.5% | -20.2% | |
 MGNI | $714M | +7.1% | +26.4% | 13.7% | |
 TPVG | $97M | - | - | 77.9% |
FLNT Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $208.8M | -18.0% | $51.2M | 24.5% | $-20,322,000 | -9.7% |
| 2024 | $254.6M | -14.7% | $60.8M | 23.9% | $-23,660,000 | -9.3% |
| 2023 | $298.4M | -17.4% | $78.5M | 26.3% | $-60,130,000 | -20.2% |
| 2022 | $361.1M | +9.7% | $93.6M | 25.9% | $-119,591,000 | -33.1% |
| 2021 | $329.3M | +6.0% | $85.5M | 26.0% | $-4,665,000 | -1.4% |
| 2020 | $310.7M | +10.3% | $95.6M | 30.8% | $8.4M | 2.7% |
| 2019 | $281.7M | +12.5% | $87.2M | 31.0% | $5.2M | 1.9% |
| 2018 | $250.3M | +18.2% | $88.7M | 35.4% | $11.4M | 4.5% |
| 2017 | $211.7M | +13.3% | $65.3M | 30.9% | $-21,018,000 | -9.9% |
| 2016 | $186.8M | +1225.9% | $53.0M | 28.4% | $-34,038,000 | -18.2% |
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Start ComparisonFLNT — Frequently Asked Questions
Quick answers to the most common questions about buying FLNT stock.
Is FLNT's revenue growth accelerating or slowing?
FLNT revenue declined -5.5% year-over-year, contrasting with the 5-year CAGR of -7.6%. TTM revenue fell to $209M. This reverses the prior growth trend.
What is FLNT's long-term revenue growth rate?
Fluent, Inc.'s 5-year revenue CAGR of -7.6% reflects the variable expansion pattern. Current YoY growth of -5.5% is below this long-term average.
How is FLNT's revenue distributed by segment?
FLNT reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.