Stocks Consumer discretionary FLNT
NASDAQ · Consumer discretionaryFluent, Inc. (FLNT)
Fluent, Inc. brought in $202.1M of revenue over the twelve months to June 30, 2026, down 12.0% from a year earlier. It posted a net loss of $23.2M. In fiscal 2025 capital spending exceeded operating cash flow by $1.5M. At June 30, 2026 it held $6.9M in cash against $31.9M of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 13, 2026.
Key facts about Fluent, Inc.
- Net worth
- Fluent, Inc. has a market value (market cap) of $117.6M at the latest share price, and shareholders' equity of $8.1M on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $208.8M (-18.0% year on year), with a net loss of $27.2M. Over the 12 months to June 30, 2026: revenue $202.1M, net loss $23.2M.
- Cash flow
- In fiscal 2025 operations used $1.5M of cash.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on August 13, 2026 and covers the period to June 30, 2026. Open on SEC EDGAR
- Next earnings report
- Fluent, Inc.'s next report is expected around November 12, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
What Fluent, Inc. does
Fluent, Inc. is registered with the SEC under industry code SIC 7310 (Services-Advertising). Its shares trade on NASDAQ under the ticker FLNT.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $208.8M | -$27.2M | -$1.05 | -$1.5M |
| 2024 | $254.6M | -$29.3M | -$1.80 | -$14.1M |
| 2023 | $298.4M | -$63.2M | -$4.59 | $8.1M |
| 2022 | $361.1M | -$123.3M | -$9.00 | $1.9M |
| 2021 | $329.3M | -$10.1M | -$0.77 | $12.4M |
| 2020 | $310.7M | $2.2M | $0.18 | $20.2M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where FLNT ranks in Consumer discretionary
Latest SEC filings
What Fluent, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- October 5, 2026Material agreement8-KFluent amended its accounts receivable financing facility to increase its maximum advance capacity from $30 million to $35 million.
- September 1, 2026
- August 13, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 8.4% to $48.4M versus the same quarter last year; diluted EPS -$0.20 versus -$0.30.
- August 13, 2026Passive stake changed SCHEDULE 13G/A
- August 10, 2026
- June 22, 2026
- June 18, 2026
- May 13, 2026Quarterly report 10-Q · period to March 31, 2026Revenue fell 19% to $44.9M versus the same quarter last year; diluted EPS -$0.17 versus -$0.39.
- May 13, 2026
- May 7, 2026Proxy statement DEF 14A
Insider trades
What the people running Fluent, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders bought $92.3K and sold $89.8K worth of shares in the last 90 days.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| September 16, 2026 | Geygan JamesDirector, 10% owner | Other changeindirect | 135 | - |
| September 16, 2026 | Global Value Investment Corp.Director, 10% owner | Other changeindirect | 135 | - |
| September 14, 2026 | Geygan JamesDirector, 10% owner | Boughtindirect | 12,376 | $41.8K |
| September 14, 2026 | Global Value Investment Corp.Director, 10% owner | Boughtindirect | 12,376 | $41.8K |
| September 10, 2026 | Graff David AllenDirector | Sold | 25,000 | $75K |
| September 4, 2026 | Schulke RyanChief Strategy Officer, Director, 10% owner | Bought | 2,823 | $8.7K |
| September 1, 2026 | Geygan JamesDirector, 10% owner | Soldindirect | 148 | $478 |
| September 1, 2026 | Global Value Investment Corp.Director, 10% owner | Soldindirect | 148 | $478 |
Who owns FLNT
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Phillip Frost, M.D.13D, may seek influence with 1 related filers | 24.7% | January 28, 2026 |
| Ryan Schulke13D, may seek influence | 21.52% | August 23, 2024 |
| Schulke Ryan13D, may seek influence | 21.1% | June 20, 2025 |
| Conlin Matthew13D, may seek influence | 16.1% | June 20, 2025 |
| Global Value Investment Corporation13D, may seek influence with 5 related filers | 14.97% | January 22, 2025 |
| Matthew Conlin13D, may seek influence | 13.6% | August 23, 2024 |
| Bleichroeder LP13G, passive with 2 related filers | 8.23% | August 13, 2026 |
| JB Capital Partners, L.P.13G, passive with 1 related filers | 7.2% | February 9, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 28 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| JB Capital Partners LP | 2,169,483 | 0 |
| Bleichroeder LP | 1,142,857 | -285,714 |
| Vanguard Capital Management LLC | 519,909 | +152,292 |
| Mink Brook Asset Management LLC | 409,033 | +70,049 |
| Sei Investments Co | 254,055 | -254,055 |
| BlackRock, Inc. | 174,892 | +12,431 |
| Geode Capital Management, LLC | 173,637 | -7,347 |
| Vanguard Fiduciary Trust Co | 95,040 | +647 |
| State Street Corp | 69,350 | 0 |
| Bleakley Financial Group, LLC | 66,955 | new |
| Bridgeway Capital Management, LLC | 53,214 | 0 |
| Empowered Funds, LLC | 53,214 | 0 |
| Northern Trust Corp | 36,950 | +13,488 |
| CacheTech Inc. | 31,060 | +850 |
| Salvus Wealth Management, LLC | 30,008 | +10,560 |
| 4WEALTH Advisors, Inc. | 26,917 | +4,680 |
| Bank of America Corp | 19,704 | -147 |
| Sequoia Financial Advisors, LLC | 10,190 | 0 |
| Steward Partners Investment Advisory, LLC | 3,571 | 0 |
| Vanguard Global Advisers, LLC | 2,184 | 0 |
Insiders
10 insiders reported holding 15,237,989 shares in total, about $56.7M at the last price.
| Holder | Shares |
|---|---|
| Schulke RyanChief Strategy Officer, Director, 10% owner | 4,156,617 |
| Conlin MatthewChief Customer Officer, Director, 10% owner | 3,507,423498,466 held indirectly |
| Geygan JamesDirector, 10% owner | 3,238,8773,137,825 held indirectly |
| Global Value Investment Corp.Director, 10% owner | 3,229,4923,229,492 held indirectly |
| Patrick Donald HuntleyChief Executive Officer | 558,792 |
| Mathis Donald HDirector | 171,018 |
| Shattuck Kohn BarbaraDirector | 140,560 |
| Pfenniger Richard C JrDirector | 120,438 |
| Graff David AllenDirector | 95,438 |
| Perfit Ryan MacNabChief Financial Officer | 19,334 |
Questions about FLNT
What does Fluent, Inc. do?
Fluent, Inc. is a company in the Consumer discretionary sector, listed on NASDAQ as FLNT. Its shares trade on NASDAQ under the ticker FLNT.
What is Fluent, Inc.'s net worth?
Fluent, Inc. has a market value (market cap) of $117.6M at the latest share price, and shareholders' equity of $8.1M on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Fluent, Inc. profitable?
No. Over the twelve months to June 30, 2026 it reported a net loss of $23.2M on revenue of $202.1M.
How much revenue does Fluent, Inc. make?
Over the twelve months to June 30, 2026 Fluent, Inc. reported revenue of $202.1M. That is 12.0% less than a year earlier.
When did Fluent, Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on August 13, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the material agreement from October 5, 2026.
When is Fluent, Inc.'s next earnings report?
Fluent, Inc.'s next report is expected around November 12, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
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Where the numbers come from
Financial figures are the values Fluent, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.