Fluent Q2 revenue rises 8% to $48.4 million; net loss narrows to $6.2 million
Fluent, Inc. reported second quarter 2026 revenue of $48.4 million, up 8% from $44.7 million a year earlier, and a net loss of $6.2 million, or $0.20 per share, versus $7.2 million, or $0.30 per share, in Q2 2025. Commerce Media Solutions revenue rose 90% to $30.5 million, and the company reaffirmed its full-year 2026 outlook for double-digit revenue growth on aggregate continuing businesses and improved adjusted EBITDA. For shareholders, the quarter shows revenue growth and a smaller loss, but first-half revenue fell 7% and the filing's risk language cites substantial doubt about the company's ability to continue as a going concern.
Key points
- Q2 2026 revenue of $48.4 million, up 8%; Owned and Operated revenue fell 24% to $16.3 million
- Net loss of $6.2 million, or $0.20 per share, vs. $7.2 million, or $0.30 per share, in Q2 2025
- Adjusted EBITDA loss of $1.8 million, compared with $2.8 million in Q2 2025
- First-half 2026 revenue of $93.3 million, down 7%; safe harbor language cites an uncommitted financing agreement raising substantial doubt about going concern
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 10, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.