Fluent, Inc. — Third Quarter 2026 Earnings Summary

Fluent, Inc. reported third-quarter 2026 revenue of $53.6 million, a 14% increase year-over-year, driven by Commerce Media Solutions revenue doubling to $37.5 million. The company's Commerce Media Solutions segment now accounts for 70% of total revenue with an annual run rate exceeding $145 million and a gross margin of 30%. Net loss for the quarter narrowed to $3.1 million from $7.6 million in the prior year period, while adjusted EBITDA reached near-breakeven at $0.0 million. Fluent expects full-year 2026 to deliver double-digit revenue growth on aggregate continuing businesses and improved adjusted EBITDA.