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Side-by-side financial comparison of Fluent, Inc. (FLNT) and Neptune Insurance Holdings Inc. (NP). Click either name above to swap in a different company.
Fluent, Inc. is the larger business by last-quarter revenue ($61.8M vs $37.8M, roughly 1.6× Neptune Insurance Holdings Inc.). Neptune Insurance Holdings Inc. runs the higher net margin — 0.1% vs -6.7%, a 6.8% gap on every dollar of revenue. On growth, Neptune Insurance Holdings Inc. posted the faster year-over-year revenue change (28.8% vs -5.5%).
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.
Neptune Insurance Holdings Inc. is a specialty insurance holding company that offers a broad portfolio of property and casualty insurance products, with a core focus on residential and commercial flood insurance for customers across the United States. It serves both individual consumers and small to mid-sized business clients, using advanced data analytics to support accurate policy pricing and robust risk management.
FLNT vs NP — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $61.8M | $37.8M |
| Net Profit | $-4.1M | $50.0K |
| Gross Margin | — | — |
| Operating Margin | 0.3% | — |
| Net Margin | -6.7% | 0.1% |
| Revenue YoY | -5.5% | 28.8% |
| Net Profit YoY | -20.1% | 0.0% |
| EPS (diluted) | $-0.09 | $0.05 |
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.
| Q1 26 | — | $37.8M | ||
| Q4 25 | $61.8M | — | ||
| Q3 25 | $47.0M | $44.4M | ||
| Q2 25 | $44.7M | — | ||
| Q1 25 | $55.2M | — | ||
| Q4 24 | $65.4M | — | ||
| Q3 24 | $64.5M | $33.8M | ||
| Q2 24 | $58.7M | — |
| Q1 26 | — | $50.0K | ||
| Q4 25 | $-4.1M | — | ||
| Q3 25 | $-7.6M | $11.5M | ||
| Q2 25 | $-7.2M | — | ||
| Q1 25 | $-8.3M | — | ||
| Q4 24 | $-3.4M | — | ||
| Q3 24 | $-7.9M | $12.1M | ||
| Q2 24 | $-11.6M | — |
| Q1 26 | — | — | ||
| Q4 25 | 0.3% | — | ||
| Q3 25 | -13.4% | 46.7% | ||
| Q2 25 | -15.9% | — | ||
| Q1 25 | -12.8% | — | ||
| Q4 24 | -8.3% | — | ||
| Q3 24 | -6.0% | 58.6% | ||
| Q2 24 | -17.7% | — |
| Q1 26 | — | 0.1% | ||
| Q4 25 | -6.7% | — | ||
| Q3 25 | -16.1% | 25.9% | ||
| Q2 25 | -16.2% | — | ||
| Q1 25 | -15.0% | — | ||
| Q4 24 | -5.2% | — | ||
| Q3 24 | -12.3% | 35.8% | ||
| Q2 24 | -19.8% | — |
| Q1 26 | — | $0.05 | ||
| Q4 25 | $-0.09 | — | ||
| Q3 25 | $-0.27 | $0.06 | ||
| Q2 25 | $-0.30 | — | ||
| Q1 25 | $-0.39 | — | ||
| Q4 24 | $-0.12 | — | ||
| Q3 24 | $-0.48 | $0.06 | ||
| Q2 24 | $-0.75 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $12.9M | — |
| Total DebtLower is stronger | $34.6M | — |
| Stockholders' EquityBook value | $18.2M | — |
| Total Assets | $89.1M | — |
| Debt / EquityLower = less leverage | 1.90× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $12.9M | — | ||
| Q3 25 | $9.2M | $12.2M | ||
| Q2 25 | $4.9M | — | ||
| Q1 25 | $4.8M | — | ||
| Q4 24 | $9.4M | — | ||
| Q3 24 | $6.6M | — | ||
| Q2 24 | $5.0M | — |
| Q1 26 | — | — | ||
| Q4 25 | $34.6M | — | ||
| Q3 25 | $26.0M | $247.6M | ||
| Q2 25 | $23.2M | — | ||
| Q1 25 | $25.6M | — | ||
| Q4 24 | $35.6M | — | ||
| Q3 24 | $37.9M | — | ||
| Q2 24 | $33.3M | — |
| Q1 26 | — | — | ||
| Q4 25 | $18.2M | — | ||
| Q3 25 | $21.6M | $-509.5M | ||
| Q2 25 | $19.1M | — | ||
| Q1 25 | $22.0M | — | ||
| Q4 24 | $25.0M | — | ||
| Q3 24 | $20.0M | $-374.3M | ||
| Q2 24 | $27.5M | — |
| Q1 26 | — | — | ||
| Q4 25 | $89.1M | — | ||
| Q3 25 | $76.1M | $89.6M | ||
| Q2 25 | $74.5M | — | ||
| Q1 25 | $77.5M | — | ||
| Q4 24 | $93.6M | — | ||
| Q3 24 | $77.5M | — | ||
| Q2 24 | $98.5M | — |
| Q1 26 | — | — | ||
| 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× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $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.
| Q1 26 | — | — | ||
| Q4 25 | $2.8M | — | ||
| Q3 25 | $-7.3M | $38.9M | ||
| Q2 25 | $935.0K | — | ||
| Q1 25 | $2.1M | — | ||
| Q4 24 | $-2.1M | — | ||
| Q3 24 | $1.2M | — | ||
| Q2 24 | $-13.1M | — |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $-7.3M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $1.2M | — | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | -15.6% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.9% | — | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 0.0% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.0% | — | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 3.38× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FLNT
| Commerce Media Solutions | $34.7M | 56% |
| Owned And Operated | $21.3M | 34% |
| Call Solutions | $3.8M | 6% |
| Ad Parlor | $2.0M | 3% |
NP
Segment breakdown not available.
