Confluent, Inc. logo CFLT - Confluent, Inc.

Inactive Ticker CFLT is not actively trading. Quotes and analytics may be stale.
Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY 0
BUY 18
HOLD 19
SELL 1
STRONG
SELL 0
| PRICE TARGET: $30.85 DETAILS
HIGH: $31.00
LOW: $29.00
MEDIAN: $31.00
CONSENSUS: $30.85
DOWNSIDE: 0.45%
Annual Quarterly
Metric 2025 2024 2023 2022 2021 2020 2019
Revenue
Revenue 1,166.7 963.6 777.0 585.9 387.9 236.6 149.8
Cost of Revenue 299.9 257.5 229.7 202.4 137.3 75.5 49.4
Gross Profit 866.8 706.2 547.3 383.5 250.6 161.1 100.4
Operating Expenses
R&D Expenses 452.1 421.2 348.8 264.0 161.9 105.4 58.1
SG&A Expenses 754.3 704.1 642.4 582.2 428.3 288.9 140.5
Other Expenses 0 0 34.9 0 0 0 0
Operating Expenses 1,206.3 1,125.3 1,026.1 846.2 590.2 394.3 198.5
Operating Income
Operating Income (339.9) (419.1) (478.8) (462.7) (339.6) (233.2) (98.1)
Interest Expense 3.8 3.8 3.8 0 0 0 0
Interest Income 0 0 0 0 2.0 4.1 2.5
Profitability
EBITDA (310.4) (397.1) (430.0) (455.1) (336.0) (231.6) (96.9)
EBIT (339.9) (419.1) (443.9) (462.7) (339.6) (233.2) (98.1)
Income Before Tax (300.7) (334.7) (406.7) (446.3) (339.6) (230.0) (95.0)
Income Tax Expense (5.4) 10.4 36.1 6.3 3.2 (0.2) (0.0)
Net Income (295.3) (345.1) (442.7) (452.6) (342.8) (229.8) (95.0)
Per Share Data
EPS (Basic) -0.86 -1.07 -1.47 -1.62 -1.26 -0.91 -0.38
EPS (Diluted) -0.86 -1.07 -1.47 -1.62 -1.26 -0.91 -0.38
Shares Outstanding 343.8 321.9 300.7 280.1 271.8 252.4 252.4
Metric 2025 2024 2023 2022 2021 2020 2019
Current Assets
Cash & Cash Equivalents 347.2 386.0 349.8 435.8 1,375.9 36.8 19.0
Short-Term Investments 1,706.8 1,524.6 1,551.0 1,491.0 640.1 251.8 80.8
Net Receivables 390.8 314.3 230.0 178.2 137.5 106.0 67.8
Inventory 0 0 0 0 0 0 0
Other Current Assets 162.3 126.5 120.9 93.1 27.6 14.4 7.9
Total Current Assets 2,607.0 2,351.3 2,251.7 2,198.1 2,226.1 427.7 183.1
Non-Current Assets
Property, Plant & Equipment 98.1 87.5 64.1 58.6 51.7 55.0 2.9
Goodwill 164.4 164.4 52.0 0 0 0 0
Intangible Assets 6.1 7.9 3.5 0 0 0 0
Long-Term Investments 0 0 0 0 0 0 0
Other Non-Current Assets 109.7 83.8 89.6 88.2 64.9 43.4 20.4
Total Non-Current Assets 378.3 343.6 209.2 146.7 116.7 98.4 23.3
Total Assets 2,985.3 2,694.9 2,460.8 2,344.8 2,342.7 526.1 206.3
Current Liabilities
Account Payables 20.7 7.5 6.7 21.4 7.6 1.6 1.8
Short-Term Debt 0 0 0 0 0 0 0
Deferred Revenue 469.0 378.8 330.6 290.2 220.9 142.9 84.2
Other Current Liabilities 152.1 61.5 111.0 44.2 49.8 14.6 11.1
Total Current Liabilities 680.6 589.2 487.0 424.3 348.2 193.8 114.9
Non-Current Liabilities
Long-Term Debt 1,097.2 1,092.1 1,088.3 1,084.5 1,080.7 0 0
Deferred Tax Liabilities 0 0 0 0 0 0 0
Other Non-Current Liabilities 7.5 12.7 35.2 8.8 6.4 581.8 211.2
Total Non-Current Liabilities 1,135.5 1,144.4 1,163.4 1,151.0 1,144.3 638.6 222.1
Total Liabilities 1,816.1 1,733.7 1,650.4 1,575.4 1,492.4 832.4 337.1
Stockholders' Equity
Common Stock 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Retained Earnings (2,284.5) (1,989.2) (1,644.2) (1,201.4) (748.9) (406.1) (176.2)
Accumulated Other Comprehensive Income 5.7 (2.6) 1.3 (9.5) (0.8) 0.2 0.2
Total Stockholders' Equity 1,169.1 961.2 810.4 769.5 850.3 (306.2) (130.8)
Total Liabilities & Equity 2,985.3 2,694.9 2,460.8 2,344.8 2,342.7 526.1 206.3
Debt Metrics
Total Debt 1,105.4 1,110.0 1,113.6 1,117.0 1,121.6 50.9 0
Net Debt 758.2 724.0 763.8 681.2 (254.3) 14.1 (19.0)
Metric 2025 2024 2023 2022 2021 2020 2019
Operating Activities
Net Income (295.3) (345.1) (442.7) (452.6) (342.8) (229.8) (95.0)
Depreciation & Amortization 29.6 22.1 (28.6) 7.6 3.6 1.6 1.2
Stock-Based Compensation 397.3 395.7 349.8 277.7 155.6 143.3 18.6
Change in Working Capital (98.5) (67.2) (55.8) (32.1) 21.9 (25.7) (1.6)
Other Non-Cash Items 49.8 27.7 71.7 42.2 55.3 29.9 8.4
Operating Cash Flow 64.3 33.5 (103.7) (157.3) (105.1) (82.1) (68.8)
Investing Activities
Capital Expenditure (3.6) (24.0) (20.7) (14.5) (8.9) (4.7) (2.9)
Acquisitions 0 (115.5) (55.8) 10.3 (5.3) 0 0
Purchases of Investments (1,639.6) (1,542.0) (1,586.7) (2,051.9) (663.6) (329.6) (66.0)
Sales/Maturities of Investments 1,480.8 1,606.5 1,578.3 1,200.6 271.9 157.4 104.2
Other Investing Activities (22.6) (21.4) (17.8) (10.3) 5.4 (3.6) (0.7)
Investing Cash Flow (185.0) (75.0) (84.9) (865.8) (400.6) (176.9) 35.6
Financing Activities
Net Debt Issuance 0 0 0 (0.8) 1,081.3 0 0
Stock Repurchased 0 0 (0.3) (0.8) (0.5) 0 0
Dividends Paid 0 0 0 0 0 0 0
Other Financing Activities 0 0 102.6 83.8 (22.9) 16.9 13.4
Financing Cash Flow 81.2 79.8 102.4 82.2 1,844.5 276.8 13.4
Cash Position
Net Change in Cash (38.8) 36.2 (86.0) (940.9) 1,338.9 17.8 (19.8)
Cash at Beginning 386.0 349.8 435.8 1,376.7 37.8 20.0 39.8
Cash at End 347.2 386.0 349.8 435.8 1,376.7 37.8 20.0
Free Cash Flow 60.7 9.5 (124.3) (171.8) (114.0) (86.7) (71.8)
Key Metrics 2025 2024 2023 2022 2021 2020 2019
Income Statement
Revenue 1,166.7 963.6 777.0 585.9 387.9 236.6 149.8
Gross Profit 866.8 706.2 547.3 383.5 250.6 161.1 100.4
Operating Income (339.9) (419.1) (478.8) (462.7) (339.6) (233.2) (98.1)
Net Income (295.3) (345.1) (442.7) (452.6) (342.8) (229.8) (95.0)
EPS (Diluted) -0.86 -1.07 -1.47 -1.62 -1.26 -0.91 -0.38
Balance Sheet
Cash & Equivalents 347.2 386.0 349.8 435.8 1,375.9 36.8 19.0
Total Assets 2,985.3 2,694.9 2,460.8 2,344.8 2,342.7 526.1 206.3
Total Debt 1,105.4 1,110.0 1,113.6 1,117.0 1,121.6 50.9 0
Stockholders' Equity 1,169.1 961.2 810.4 769.5 850.3 (306.2) (130.8)
Cash Flow
Operating Cash Flow 64.3 33.5 (103.7) (157.3) (105.1) (82.1) (68.8)
Capital Expenditure (3.6) (24.0) (20.7) (14.5) (8.9) (4.7) (2.9)
Free Cash Flow 60.7 9.5 (124.3) (171.8) (114.0) (86.7) (71.8)