---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-007362"
form_type: "8-K"
ticker: "FLNT"
cik: "0001460329"
company_name: "Fluent, Inc."
filed_at: "2026-03-09T23:59:59+00:00"
generated_at: "2026-05-15T17:37:34.168634+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Fluent Q4 2025 revenue down 5.5% to $61.8M; Commerce Media revenue up 101% to $34.7M, 56% of total

## Summary
- Q4 net loss $4.1M ($0.13/sh) vs $3.4M ($0.19/sh) in Q4 2024; full-year net loss $27.2M ($1.05/sh).
- Q4 adjusted EBITDA positive $0.2M, an improvement of $1.9M YoY; full-year adjusted EBITDA -$9.0M.
- Commerce Media Solutions Q4 revenue $34.7M (33% gross margin); annual run rate now >$105M.
- Full-year 2025 revenue $208.8M (-18% YoY); Owned & Operated revenue fell 44% to $94.5M.
- Expects double-digit consolidated revenue growth and improved adjusted EBITDA in FY 2026.

## SEC filing metadata
- accession: 0001437749-26-007362
- form_type: 8-K
- ticker: FLNT
- cik: 0001460329
- company_name: Fluent, Inc.
- filed_at: 2026-03-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1460329/000143774926007362/0001437749-26-007362-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1460329/000143774926007362/flnt20260309_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-007362
- JSON: https://secwatch.observer/filing/0001437749-26-007362.json
- Plain text: https://secwatch.observer/filing/0001437749-26-007362.txt

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