15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $209M | -$27M | 0.0% | -9.7% | -$2M | $35M | $13M |
| 2024 | $255M | -$30M | 0.0% | -9.3% | -$14M | $36M | $9M |
| 2023 | $298M | -$63M | 0.0% | -20.2% | $8M | $30M | $16M |
| 2022 | $361M | -$123M | 0.0% | -33.1% | $2M | $41M | $26M |
| 2021 | $329M | -$10M | 0.0% | -1.4% | $12M | $40M | $34M |
| 2020 | $311M | $2M | 0.0% | 2.7% | $20M | $41M | $21M |
| 2019 | $282M | -$2M | 0.0% | 1.9% | $24M | $51M | $19M |
| 2018 | $250M | -$18M | 0.0% | 4.5% | $23M | $55M | $18M |
| 2017 | $212M | -$53M | 0.0% | -9.9% | $2M | $63M | $17M |
| 2016 | — | -$29M | — | — | $1M | $50M | $10M |
| 2015 | — | -$85M | — | — | -$11M | $51M | $13M |
| 2014 | — | -$610000 | — | — | -$559000 | — | $6M |
| 2013 | — | -$4M | — | — | -$6M | — | $6M |
| 2012 | — | $9M | — | — | -$6M | — | $7M |
| 2011 | — | -$13M | — | — | -$3M | — | $39000 |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $45M | -$5M | 0.0% | -8.7% | $5M | $28M | $10M |
| Dec '25 | $62M | -$4M | 0.0% | 0.3% | $3M | $35M | $13M |
| Sep '25 | $47M | -$8M | 0.0% | -13.4% | -$7M | $26M | $9M |
| Jun '25 | $45M | -$7M | 0.0% | -15.9% | — | $23M | $5M |
| Mar '25 | $55M | -$8M | 0.0% | -12.8% | $2M | $26M | $5M |
| Dec '24 | $65M | -$3M | 0.0% | -8.3% | -$2M | $36M | $9M |
| Sep '24 | $65M | -$8M | 0.0% | -6.0% | $1M | $38M | $7M |
| Jun '24 | $59M | -$12M | 0.0% | -17.7% | — | $33M | $5M |
| Mar '24 | $66M | -$6M | 0.0% | -6.0% | — | $31M | $12M |
| Dec '23 | $73M | -$2M | 0.0% | -2.4% | -$2M | $30M | $16M |
| Sep '23 | $66M | -$34M | 0.0% | -51.2% | $8M | $32M | $21M |
| Jun '23 | $82M | $4M | 0.0% | 8.2% | — | $38M | $21M |
| Mar '23 | $77M | -$32M | 0.0% | -40.3% | — | $39M | $27M |
| Dec '22 | $85M | -$67M | 0.0% | -79.4% | -$5M | $41M | $26M |
| Sep '22 | $89M | $3M | 0.0% | 0.7% | $9M | $42M | $33M |
| Jun '22 | $98M | -$57M | 0.0% | -52.2% | -$170000 | $38M | $26M |
| Mar '22 | $89M | -$2M | 0.0% | -1.8% | -$2M | $39M | $29M |
| Dec '21 | $100M | $4M | 0.0% | 4.4% | $19M | $40M | $34M |
| Sep '21 | $86M | -$2M | 0.0% | -2.4% | -$6M | $47M | $16M |
| Jun '21 | $73M | -$5M | 0.0% | -6.5% | -$6M | $49M | $25M |
How the market has priced FLNT against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Fluent, Inc.'s revenue has declined 7.6% per year. These are computed facts, not advice.
As of FY2025, Fluent, Inc. reported $35M of total debt against $13M of cash; operating income covered interest expense -6.6×.
In FY2025, gross margin was —, operating margin -9.7%, and net margin -13.0%.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.