Quick Answer
Fluent, Inc. reported R&D Expense of $11.84 million for fiscal year 2025.
Fluent, Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $11.84M | -31.5% |
| 2024 | $17.28M | -6.4% |
| 2023 | $18.45M | +1.6% |
| 2022 | $18.16M | +15.0% |
| 2021 | $15.79M | +25.3% |
| 2020 | $12.60M | +56.5% |
| 2019 | $8.05M | +52.6% |
| 2018 | $5.28M | +104.8% |
| 2017 | $2.58M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $2.62M | -36.4% | -10.8% |
| June 30, 2025 | $2.94M | -37.7% | -13.4% |
| March 31, 2025 | $3.40M | -29.8% | -17.6% |
| September 30, 2024 | $4.12M | -8.6% | -12.6% |
| June 30, 2024 | $4.72M | +2.2% | -2.5% |
| March 31, 2024 | $4.84M | -2.0% | +7.3% |
| September 30, 2023 | $4.51M | -2.4% | -2.3% |
| June 30, 2023 | $4.62M | -3.9% | -6.5% |
- Fluent, Inc. showed a decrease of -31.5% in R&D Expense compared to the prior fiscal year.
- Over the 2017–2025 period, Fluent, Inc.’s r&d expense has grown by 359.4% (from $2.58 million to $11.84 million).
- The most recent figure is from Fluent, Inc.’s fiscal year 2025 report (Form 10-K), filed with the SEC on March 31, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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