Fluent Q2 revenue falls 25% as Florida price compression weighs, management says
FLNT•Q2 results reflect weaker revenue and margin pressure
Fluent posted Q2 2026 revenue of USD 17.12 million, down 25% year over year, citing Florida price compression.
- Adjusted gross profit fell to USD 4.32 million from USD 8.85 million, cutting adjusted gross margin to 25.2% from 38.8%.
- Gross profit rose to USD 8.19 million from USD 5.67 million, driven by favorable biological-asset fair value movements despite weaker sales.
- SG&A declined to USD 10.25 million from USD 12.27 million on lower selling and marketing costs tied to headcount reductions.
- Finance costs increased to USD 6.65 million from USD 5.57 million, contributing to a wider net loss from continuing operations of USD 11.14 million.
