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Side-by-side financial comparison of DYNEX CAPITAL INC (DX) and Fluent, Inc. (FLNT). Click either name above to swap in a different company.

Fluent, Inc. is the larger business by last-quarter revenue ($61.8M vs $43.5M, roughly 1.4× DYNEX CAPITAL INC). On growth, DYNEX CAPITAL INC posted the faster year-over-year revenue change (531.3% vs -5.5%). Over the past eight quarters, DYNEX CAPITAL INC's revenue compounded faster (75.8% CAGR vs -3.2%).

Dynex Capital Inc. is a publicly traded real estate investment trust headquartered in the United States. It specializes in investing in and managing a diversified portfolio of mortgage-backed securities, residential and commercial mortgage loans, and other mortgage-related assets. It delivers consistent returns to shareholders via regular dividends and long-term capital growth.

THG Fluently, formerly Language Connect, is a translation and language localisation service provided by THG Ingenuity. It provides a range of language services, including translation, interpreting, localisation, voice-overs, transcription, and multilingual search engine optimization.

DX vs FLNT — Head-to-Head

Bigger by revenue
FLNT
FLNT
1.4× larger
FLNT
$61.8M
$43.5M
DX
Growing faster (revenue YoY)
DX
DX
+536.8% gap
DX
531.3%
-5.5%
FLNT
Faster 2-yr revenue CAGR
DX
DX
Annualised
DX
75.8%
-3.2%
FLNT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DX
DX
FLNT
FLNT
Revenue
$43.5M
$61.8M
Net Profit
$-4.1M
Gross Margin
Operating Margin
0.3%
Net Margin
-6.7%
Revenue YoY
531.3%
-5.5%
Net Profit YoY
-20.1%
EPS (diluted)
$1.59
$-0.09

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DX
DX
FLNT
FLNT
Q4 25
$43.5M
$61.8M
Q3 25
$30.6M
$47.0M
Q2 25
$23.1M
$44.7M
Q1 25
$17.1M
$55.2M
Q4 24
$65.4M
Q3 24
$64.5M
Q2 24
$58.7M
Q1 24
$-3.2M
$66.0M
Net Profit
DX
DX
FLNT
FLNT
Q4 25
$-4.1M
Q3 25
$150.4M
$-7.6M
Q2 25
$-13.6M
$-7.2M
Q1 25
$-3.1M
$-8.3M
Q4 24
$-3.4M
Q3 24
$-7.9M
Q2 24
$-11.6M
Q1 24
$40.1M
$-6.3M
Operating Margin
DX
DX
FLNT
FLNT
Q4 25
0.3%
Q3 25
-13.4%
Q2 25
-15.9%
Q1 25
-12.8%
Q4 24
-8.3%
Q3 24
-6.0%
Q2 24
-17.7%
Q1 24
-6.0%
Net Margin
DX
DX
FLNT
FLNT
Q4 25
-6.7%
Q3 25
491.3%
-16.1%
Q2 25
-58.8%
-16.2%
Q1 25
-18.0%
-15.0%
Q4 24
-5.2%
Q3 24
-12.3%
Q2 24
-19.8%
Q1 24
-1256.8%
-9.5%
EPS (diluted)
DX
DX
FLNT
FLNT
Q4 25
$1.59
$-0.09
Q3 25
$1.08
$-0.27
Q2 25
$-0.14
$-0.30
Q1 25
$-0.06
$-0.39
Q4 24
$-0.12
Q3 24
$-0.48
Q2 24
$-0.75
Q1 24
$0.64
$-0.45

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DX
DX
FLNT
FLNT
Cash + ST InvestmentsLiquidity on hand
$531.0M
$12.9M
Total DebtLower is stronger
$34.6M
Stockholders' EquityBook value
$2.5B
$18.2M
Total Assets
$17.3B
$89.1M
Debt / EquityLower = less leverage
1.90×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DX
DX
FLNT
FLNT
Q4 25
$531.0M
$12.9M
Q3 25
$491.0M
$9.2M
Q2 25
$387.5M
$4.9M
Q1 25
$327.4M
$4.8M
Q4 24
$9.4M
Q3 24
$6.6M
Q2 24
$5.0M
Q1 24
$295.7M
$11.7M
Total Debt
DX
DX
FLNT
FLNT
Q4 25
$34.6M
Q3 25
$26.0M
Q2 25
$23.2M
Q1 25
$25.6M
Q4 24
$35.6M
Q3 24
$37.9M
Q2 24
$33.3M
Q1 24
$31.0M
Stockholders' Equity
DX
DX
FLNT
FLNT
Q4 25
$2.5B
$18.2M
Q3 25
$2.0B
$21.6M
Q2 25
$1.6B
$19.1M
Q1 25
$1.4B
$22.0M
Q4 24
$25.0M
Q3 24
$20.0M
Q2 24
$27.5M
Q1 24
$958.5M
$28.7M
Total Assets
DX
DX
FLNT
FLNT
Q4 25
$17.3B
$89.1M
Q3 25
$14.2B
$76.1M
Q2 25
$11.3B
$74.5M
Q1 25
$9.0B
$77.5M
Q4 24
$93.6M
Q3 24
$77.5M
Q2 24
$98.5M
Q1 24
$6.3B
$103.6M
Debt / Equity
DX
DX
FLNT
FLNT
Q4 25
1.90×
Q3 25
1.21×
Q2 25
1.21×
Q1 25
1.16×
Q4 24
1.43×
Q3 24
1.90×
Q2 24
1.21×
Q1 24
1.08×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DX
DX
FLNT
FLNT
Operating Cash FlowLast quarter
$120.8M
$2.8M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DX
DX
FLNT
FLNT
Q4 25
$120.8M
$2.8M
Q3 25
$68.3M
$-7.3M
Q2 25
$31.9M
$935.0K
Q1 25
$6.4M
$2.1M
Q4 24
$-2.1M
Q3 24
$1.2M
Q2 24
$-13.1M
Q1 24
$-17.1M
$-132.0K
Free Cash Flow
DX
DX
FLNT
FLNT
Q4 25
Q3 25
$-7.3M
Q2 25
Q1 25
Q4 24
Q3 24
$1.2M
Q2 24
Q1 24
FCF Margin
DX
DX
FLNT
FLNT
Q4 25
Q3 25
-15.6%
Q2 25
Q1 25
Q4 24
Q3 24
1.9%
Q2 24
Q1 24
Capex Intensity
DX
DX
FLNT
FLNT
Q4 25
Q3 25
0.0%
Q2 25
Q1 25
Q4 24
Q3 24
0.0%
Q2 24
Q1 24
Cash Conversion
DX
DX
FLNT
FLNT
Q4 25
Q3 25
0.45×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
-0.43×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DX
DX

Segment breakdown not available.

FLNT
FLNT

Commerce Media Solutions$34.7M56%
Owned And Operated$21.3M34%
Call Solutions$3.8M6%
Ad Parlor$2.0M3%

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