Confluent Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,167	963.64	776.95	585.94	387.86
Revenue Growth (YoY)	21.08%	24.03%	32.60%	51.07%	63.95%
Cost of Revenue	299.91	257.47	229.67	202.42	136.28
Gross Profit	866.84	706.17	547.28	383.53	251.59
Selling, General & Admin	765.24	704.08	642.45	582.16	421.47
Research & Development	481.71	421.24	348.75	264.04	159.65
Other Operating Expenses	-	-	-	-	10.09
Operating Expenses	1,247	1,125	991.2	846.2	591.21
Operating Income	-380.1	-419.15	-443.92	-462.67	-339.62
Interest Expense	-	-3.8	-3.8	-3.8	-0.2
Currency Exchange Gain (Loss)	-	-	-	-2.5	-
Other Non Operating Income (Expenses)	79.41	50.52	33.39	13.83	2.46
EBT Excluding Unusual Items	-300.69	-372.43	-414.33	-455.15	-337.36
Merger & Restructuring Charges	-	-	-34.85	-	-
Gain (Loss) on Sale of Investments	-	37.77	42.51	8.89	-2.27
Pretax Income	-300.69	-334.66	-406.67	-446.26	-339.63
Income Tax Expense	-5.41	10.4	36.07	6.29	3.17
Net Income	-295.28	-345.07	-442.75	-452.55	-342.8
Net Income to Common	-295.28	-345.07	-442.75	-452.55	-342.8
Shares Outstanding (Basic)	344	322	301	280	189
Shares Outstanding (Diluted)	344	322	301	280	189
Shares Change (YoY)	6.82%	7.03%	7.37%	48.48%	80.99%
EPS (Basic)	-0.86	-1.07	-1.47	-1.62	-1.82
EPS (Diluted)	-0.86	-1.07	-1.47	-1.62	-1.82
Free Cash Flow	60.68	30.89	-106.49	-161.45	-108.66
Free Cash Flow Per Share	0.18	0.10	-0.35	-0.58	-0.58
Gross Margin	74.30%	73.28%	70.44%	65.45%	64.86%
Operating Margin	-32.58%	-43.50%	-57.14%	-78.96%	-87.56%
Profit Margin	-25.31%	-35.81%	-56.98%	-77.23%	-88.38%
Free Cash Flow Margin	5.20%	3.21%	-13.71%	-27.56%	-28.02%
EBITDA	-350.55	-399.46	-430.01	-455.05	-335.99
EBITDA Margin	-30.04%	-41.45%	-55.35%	-77.66%	-86.63%
D&A For EBITDA	29.56	19.69	13.91	7.62	3.63
EBIT	-380.1	-419.15	-443.92	-462.67	-339.62
EBIT Margin	-32.58%	-43.50%	-57.14%	-78.96%	-87.56%
Revenue as Reported	1,167	963.64	776.95	585.94	387.86
Advertising Expenses	-	31.5	27.7	28.7	26.7

Source: S&P Global Market Intelligence. Standard template. Financial Sources.