---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-034864"
form_type: "8-K"
ticker: "FLNT"
cik: "0001460329"
company_name: "Fluent, Inc."
filed_at: "2025-11-13T23:59:59+00:00"
generated_at: "2026-05-16T20:20:02.795619+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Fluent Q3 revenue down 27% to $47M; Commerce Media up 81% to $18.8M, 40% of total

## Summary
- Net loss of $7.6M ($0.27/share) vs $7.9M loss ($0.48) in Q3 2024; Adjusted EBITDA loss of $3.4M.
- Commerce Media Solutions gross margin improved 400 bps sequentially to 22%; annual run rate now >$85M.
- New partnerships with Authentic Brands and Databricks; Rebuy Monetize ad sessions topped 1M in Sept (+79% MoM).
- Management expects adjusted EBITDA profitability in Q4 2025 and double-digit revenue growth with EBITDA profit for FY 2026.
- Owned & Operated revenue fell 52% to $20.7M as company shifts focus to commerce media.

## SEC filing metadata
- accession: 0001437749-25-034864
- form_type: 8-K
- ticker: FLNT
- cik: 0001460329
- company_name: Fluent, Inc.
- filed_at: 2025-11-13T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1460329/000143774925034864/0001437749-25-034864-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1460329/000143774925034864/flnt20250820_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-034864
- JSON: https://secwatch.observer/filing/0001437749-25-034864.json
- Plain text: https://secwatch.observer/filing/0001437749-25-034864.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.