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Fluent, Inc. (FLNT) Stock Fundamental Analysis & AI Rating 2026

FLNT Nasdaq Services-Advertising DE CIK: 0001460329
Updated This Month • Analysis: Mar 25, 2026 • SEC Data: 2025-09-30
Combined AI Rating
STRONG SELL
90% Confidence
STRONG AGREEMENT
STRONG SELL
92% Conf
STRONG SELL
89% Conf

📊 FLNT Key Takeaways

Revenue: $146.9M
Net Margin: -15.7%
Free Cash Flow: $-4.3M
Current Ratio: 1.02x
Debt/Equity: 1.21x
EPS: $-0.94
AI Rating: STRONG SELL with 92% confidence
Fluent, Inc. (FLNT) receives a STRONG SELL rating with 90% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $146.9M, net profit margin of -15.7%, and return on equity (ROE) of -106.8%, Fluent, Inc. demonstrates mixed fundamentals in the Services sector. Below is our complete FLNT stock analysis for 2026.

Is Fluent, Inc. (FLNT) a Good Investment?

Claude

Fluent is in severe financial distress with persistent operational losses, negative free cash flow, and deteriorating profitability despite a 53.7% improvement in net loss YoY. The company's revenue declined 14.7% while burning cash operationally, and negative interest coverage indicates inability to service debt from operations. Equity is severely impaired with negative returns on both equity (-106.8%) and assets (-30.3%), signaling fundamental business model challenges.

ChatGPT

Fluent's fundamentals are weak: revenue declined 14.7% year over year, profitability remains deeply negative, and the business is not generating positive operating or free cash flow. Although net loss and EPS improved year over year, the combination of shrinking revenue, thin liquidity, elevated leverage, and negative interest coverage points to poor earnings quality and limited financial flexibility.

Why Buy Fluent, Inc. Stock? FLNT Key Strengths

Claude
  • + Gross margin of 35.1% demonstrates basic pricing power in advertising services
  • + Cash position of $9.2M provides short-term liquidity runway
  • + Net loss improved significantly YoY (+53.7%), suggesting cost control initiatives gaining traction
ChatGPT
  • + Gross margin of 35.1% shows the core business still generates meaningful gross profit before overhead
  • + Net loss and diluted EPS improved materially year over year, indicating some cost or efficiency progress
  • + Capital expenditure needs are minimal, which reduces ongoing cash demands relative to more asset-heavy businesses

FLNT Stock Risks: Fluent, Inc. Investment Risks

Claude
  • ! Revenue declined 14.7% YoY indicating loss of market share or sector headwinds in advertising services
  • ! Operating cash flow is deeply negative at -$4.3M; company cannot fund operations from core business
  • ! Debt/Equity ratio of 1.21x with $26.0M long-term debt and negative interest coverage (-8.9x) creates default risk
  • ! Negative operating margin (-13.9%) and persistent net losses indicate unsustainable cost structure
  • ! Current ratio of 1.02x provides minimal liquidity buffer; company is near insolvency threshold
ChatGPT
  • ! Revenue contraction of 14.7% suggests weakening demand or customer monetization pressure
  • ! Operating margin of -13.9% and net margin of -15.7% show the business remains structurally unprofitable
  • ! Current ratio of 1.02x, debt/equity of 1.21x, and negative interest coverage indicate tight liquidity and balance-sheet risk

Key Metrics to Watch

Claude
  • * Quarterly revenue trend and customer retention rates
  • * Path to operating profitability and cash flow breakeven
  • * Debt covenant compliance and refinancing requirements
  • * Cash burn rate and months of runway remaining
ChatGPT
  • * Revenue growth trend and operating margin improvement
  • * Operating cash flow and liquidity including cash balance/current ratio

Fluent, Inc. (FLNT) Financial Metrics & Key Ratios

Revenue
$146.9M
Net Income
$-23.0M
EPS (Diluted)
$-0.94
Free Cash Flow
$-4.3M
Total Assets
$76.1M
Cash Position
$9.2M

💡 AI Analyst Insight

Fluent, Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

FLNT Profit Margin, ROE & Profitability Analysis

Gross Margin 35.1%
Operating Margin -13.9%
Net Margin -15.7%
ROE -106.8%
ROA -30.3%
FCF Margin -2.9%

FLNT vs Services Sector: How Fluent, Inc. Compares

How Fluent, Inc. compares to Services sector averages

Net Margin
FLNT -15.7%
vs
Sector Avg 10.0%
FLNT Sector
ROE
FLNT -106.8%
vs
Sector Avg 16.0%
FLNT Sector
Current Ratio
FLNT 1.0x
vs
Sector Avg 1.5x
FLNT Sector
Debt/Equity
FLNT 1.2x
vs
Sector Avg 0.7x
FLNT Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Fluent, Inc. Stock Overvalued? FLNT Valuation Analysis 2026

Based on fundamental analysis, Fluent, Inc. shows some fundamental concerns relative to the Services sector in 2026.

Return on Equity
-106.8%
Sector avg: 16%
Net Profit Margin
-15.7%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
1.21x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Fluent, Inc. Balance Sheet: FLNT Debt, Cash & Liquidity

Current Ratio
1.02x
Quick Ratio
1.02x
Debt/Equity
1.21x
Debt/Assets
71.6%
Interest Coverage
-8.93x
Long-term Debt
$26.0M

FLNT Revenue & Earnings Growth: 5-Year Financial Trend

FLNT 5-year financial data: Year 2021: Revenue $329.3M, Net Income $2.2M, EPS $0.03. Year 2022: Revenue $361.1M, Net Income -$10.1M, EPS $-0.13. Year 2023: Revenue $361.1M, Net Income -$123.3M, EPS $-1.51. Year 2024: Revenue $298.4M, Net Income -$63.2M, EPS $-4.59. Year 2025: Revenue $254.6M, Net Income -$29.3M, EPS $-1.80.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Fluent, Inc.'s revenue has declined by 23% over the 5-year period, indicating business contraction. The most recent EPS of $-1.80 indicates the company is currently unprofitable.

FLNT Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-2.9%
Free cash flow / Revenue

FLNT Quarterly Earnings & Performance

Quarterly financial performance data for Fluent, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $47.0M -$7.6M $-0.27
Q2 2025 $44.7M -$7.2M $-0.30
Q1 2025 $55.2M -$6.3M $-0.39
Q3 2024 $64.5M -$7.9M $-0.48
Q2 2024 $58.7M $4.3M $0.31
Q1 2024 $66.0M -$6.3M $-0.45
Q3 2023 $66.2M $3.1M $0.04
Q2 2023 $82.1M $4.3M $0.05

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Fluent, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$4.3M
Cash generated from operations
Capital Expenditures
$48.0K
Investment in assets
Dividends
None
No dividend program

FLNT SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Fluent, Inc. (CIK: 0001460329)

📋 Recent SEC Filings

Date Form Document Action
Mar 31, 2026 10-K flnt20251231_10k.htm View →
Mar 16, 2026 4 xslF345X05/ownership.xml View →
Mar 16, 2026 4 xslF345X05/ownership.xml View →
Mar 9, 2026 8-K flnt20260309_8k.htm View →
Feb 5, 2026 8-K flnt20260203_8k.htm View →

Frequently Asked Questions about FLNT

What is the AI rating for FLNT?

Fluent, Inc. (FLNT) has a Combined AI Rating of STRONG SELL from Claude (STRONG SELL) and ChatGPT (STRONG SELL) with 90% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are FLNT's key strengths?

Claude: Gross margin of 35.1% demonstrates basic pricing power in advertising services. Cash position of $9.2M provides short-term liquidity runway. ChatGPT: Gross margin of 35.1% shows the core business still generates meaningful gross profit before overhead. Net loss and diluted EPS improved materially year over year, indicating some cost or efficiency progress.

What are the risks of investing in FLNT?

Claude: Revenue declined 14.7% YoY indicating loss of market share or sector headwinds in advertising services. Operating cash flow is deeply negative at -$4.3M; company cannot fund operations from core business. ChatGPT: Revenue contraction of 14.7% suggests weakening demand or customer monetization pressure. Operating margin of -13.9% and net margin of -15.7% show the business remains structurally unprofitable.

What is FLNT's revenue and growth?

Fluent, Inc. reported revenue of $146.9M.

Does FLNT pay dividends?

Fluent, Inc. does not currently pay dividends.

Where can I find FLNT SEC filings?

Official SEC filings for Fluent, Inc. (CIK: 0001460329) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is FLNT's EPS?

Fluent, Inc. has a diluted EPS of $-0.94.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is FLNT a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Fluent, Inc. has a STRONG SELL rating with 90% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is FLNT stock overvalued or undervalued?

Valuation metrics for FLNT: ROE of -106.8% (sector avg: 16%), net margin of -15.7% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

Should I buy FLNT stock in 2026?

Our dual AI analysis gives Fluent, Inc. a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is FLNT's free cash flow?

Fluent, Inc.'s operating cash flow is $-4.3M, with capital expenditures of $48.0K. FCF margin is -2.9%.

How does FLNT compare to other Services stocks?

Vs Services sector averages: Net margin -15.7% (avg: 10%), ROE -106.8% (avg: 16%), current ratio 1.02 (avg: 1.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 25, 2026 | Data as of: 2025-09-30 | Powered by Claude AI