Inuvo advertising spend, FY2025

Inuvo (INUV) reported $51.9M of advertising expense for the fiscal year ended Dec 31, 2025. That is 60.2% of revenue of $86.2M. Down 13.0% from FY2024.

Ad spend, FY2025
$51.9M
year ended Dec 31, 2025
Change vs prior year
-13.0%
vs FY2024
Share of revenue
60.2%
of $86.2M revenue
Rank by ad spend
#448
of 458 companies

Key facts

  • Ad spend is 1.9x its FY2020 level ($27.4M), in line with revenue (1.9x).
  • The highest year on file is FY2024 at $59.7M; FY2025 is 13% below it.
  • Largest increase +20.7% in FY2021; largest cut -13.0% in FY2025.
  • Ad spend is 60.2% of revenue, down from 61.4% in FY2020.
  • Inuvo spends more on advertising than 2% of the 458 US-listed companies tracked. Its ad-to-revenue ratio is 13x the median of 4.6%.

Ad spend by fiscal year

$0 $20M $40M $60M FY2020 (ended 2020-12-31): $27.4M 2020 FY2021 (ended 2021-12-31): $33.1M 2021 FY2022 (ended 2022-12-31): $36.9M 2022 FY2024 (ended 2024-12-31): $59.7M 2024 FY2025 (ended 2025-12-31): $51.9M 2025 $51.9M

Ad spend as % of revenue

0% 20% 40% 60% 80% FY2020 (ended 2020-12-31): 61.4% 2020 FY2021 (ended 2021-12-31): 55.3% 2021 FY2022 (ended 2022-12-31): 48.8% 2022 FY2024 (ended 2024-12-31): 71.2% 2024 FY2025 (ended 2025-12-31): 60.2% 2025 60.2%

History

Download CSV
Fiscal year Period end Ad spend YoY Revenue Ad / revenue Tag Filing
FY2025 Dec 31, 2025 $51.9M -13.0% $86.2M 60.2% MarketingExpense 10-K Mar 5, 2026
FY2024 Dec 31, 2024 $59.7M n/a $83.8M 71.2% MarketingExpense 10-K Mar 5, 2026
FY2022 Dec 31, 2022 $36.9M +11.6% $75.6M 48.8% MarketingExpense 10-K Mar 10, 2023
FY2021 Dec 31, 2021 $33.1M +20.7% $59.8M 55.3% MarketingExpense 10-K Mar 10, 2023
FY2020 Dec 31, 2020 $27.4M n/a $44.6M 61.4% MarketingExpense 10-K Mar 17, 2022

What the figure is

Total marketing expense (XBRL tag MarketingExpense). It can include marketing staff costs, not only paid media.

Ad spend is 60.2% of revenue. A ratio of 50 to 100% is typical for lead-gen and marketplace businesses that buy traffic.

Compared with similar spenders

The 6 companies closest to Inuvo in latest-year ad spend.

Rank Company Ad spend Ad / revenue YoY Fiscal year
446 J.Jill $52.4M 8.8% -0.5% FY2026
447 Upwork $51.9M 6.6% -9.1% FY2025
448 Inuvo $51.9M 60.2% -13.0% FY2025
449 Klaviyo $51.8M 4.2% +12.9% FY2025
450 Exelixis $51.7M 2.2% +18.9% FY2026
451 Lindblad Expeditions $51.7M 6.7% +31.2% FY2025
452 ThredUp $51.1M 16.4% +23.1% FY2025

Full ranking of 458 companies · Biggest cuts #33 · Highest ad-to-revenue #3

Questions

How much does Inuvo spend on advertising?

Inuvo spent $51.9M on advertising in fiscal 2025, the year ended Dec 31, 2025, according to its 10-K filed Mar 5, 2026.

What percentage of revenue does Inuvo spend on advertising?

60.2% of revenue in fiscal 2025 ($51.9M of $86.2M). The median across the 458 companies tracked is 4.6%.

Is Inuvo spending more on advertising?

No. Ad spend fell 13.0% in fiscal 2025 from fiscal 2024.

How does Inuvo rank by advertising spend?

#448 of 458 US-listed companies with $50M or more in ad spend, ranked on each company's latest fiscal year.

What does Inuvo's advertising figure include?

Total marketing expense (XBRL tag MarketingExpense). It can include marketing staff costs, not only paid media.

Source

Filing
10-K for FY2025, filed Mar 5, 2026
Accession number
0001654954-26-001943
Company
Inuvo, Inc., CIK 829323, SIC 7310 (Services-Advertising)
Data
SEC EDGAR XBRL company facts, retrieved Nov 4, 2026. Methodology.
Cite
Inuvo advertising spend, FY2020-FY2025. Aleksei Trudov, io.trudov.com, from SEC EDGAR XBRL company facts (latest: 10-K filed Mar 5, 2026), retrieved Nov 4, 2026. https://io.trudov.com/company/inuvo/advertising-spend/
Download
CSV, all years · CSV, all 458 companies