Confluent, Inc. (CFLT)

Confluent Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	963.64	776.95	585.94	387.86	236.58
Revenue Growth (YoY)	24.03%	32.60%	51.07%	63.95%	57.92%
Cost of Revenue	257.47	229.67	202.42	136.28	75.45
Gross Profit	706.17	547.28	383.53	251.59	161.13
Selling, General & Admin	704.08	642.45	582.16	421.47	288.46
Research & Development	421.24	348.75	264.04	159.65	105.32
Other Operating Expenses	-	-	-	10.09	0.52
Operating Expenses	1,125	991.2	846.2	591.21	394.3
Operating Income	-419.15	-443.92	-462.67	-339.62	-233.18
Interest Expense	-3.8	-3.8	-3.8	-0.2	-
Currency Exchange Gain (Loss)	-	-	-2.5	-	-
Other Non Operating Income (Expenses)	50.52	33.39	13.83	2.46	4.43
EBT Excluding Unusual Items	-372.43	-414.33	-455.15	-337.36	-228.74
Merger & Restructuring Charges	-	-34.85	-	-	-
Gain (Loss) on Sale of Investments	37.77	42.51	8.89	-2.27	-1.29
Pretax Income	-334.66	-406.67	-446.26	-339.63	-230.04
Income Tax Expense	10.4	36.07	6.29	3.17	-0.21
Net Income	-345.07	-442.75	-452.55	-342.8	-229.83
Net Income to Common	-345.07	-442.75	-452.55	-342.8	-229.83
Shares Outstanding (Basic)	322	301	280	189	104
Shares Outstanding (Diluted)	322	301	280	189	104
Shares Change (YoY)	7.03%	7.37%	48.48%	80.99%	8.48%
EPS (Basic)	-1.07	-1.47	-1.62	-1.82	-2.21
EPS (Diluted)	-1.07	-1.47	-1.62	-1.82	-2.21
Free Cash Flow	30.89	-106.49	-161.45	-108.66	-83.1
Free Cash Flow Per Share	0.10	-0.35	-0.58	-0.58	-0.80
Gross Margin	73.28%	70.44%	65.45%	64.86%	68.11%
Operating Margin	-43.50%	-57.14%	-78.96%	-87.56%	-98.56%
Profit Margin	-35.81%	-56.98%	-77.23%	-88.38%	-97.15%
Free Cash Flow Margin	3.21%	-13.71%	-27.56%	-28.02%	-35.13%
EBITDA	-397.06	-430.01	-455.05	-335.99	-231.61
EBITDA Margin	-41.20%	-55.35%	-77.66%	-86.63%	-97.90%
D&A For EBITDA	22.09	13.91	7.62	3.63	1.57
EBIT	-419.15	-443.92	-462.67	-339.62	-233.18
EBIT Margin	-43.50%	-57.14%	-78.96%	-87.56%	-98.56%
Revenue as Reported	963.64	776.95	585.94	387.86	236.58
Advertising Expenses	31.5	27.7	28.7	26.7	10.9

Updated Feb 18, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q