Confluent, Inc. (CFLT)
NASDAQ: CFLT · Real-Time Price · USD
29.98
+1.49 (5.23%)
At close: Dec 20, 2024, 4:00 PM
30.10
+0.12 (0.40%)
After-hours: Dec 20, 2024, 7:47 PM EST
Confluent Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
Period Ending | Sep '24 Sep 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 |
| Revenue | 915.61 | 776.95 | 585.94 | 387.86 | 236.58 | 149.81 |
| Revenue Growth (YoY) | 25.01% | 32.60% | 51.07% | 63.95% | 57.92% | - |
| Cost of Revenue | 245.7 | 228.41 | 201.24 | 136.28 | 75.45 | 49.37 |
| Gross Profit | 669.9 | 548.54 | 384.7 | 251.59 | 161.13 | 100.44 |
| Selling, General & Admin | 663.35 | 632.41 | 578.96 | 421.47 | 288.46 | 140.37 |
| Research & Development | 370.06 | 325.52 | 261.41 | 159.65 | 105.32 | 58.07 |
| Other Operating Expenses | 11.03 | 11.03 | 7.01 | 10.09 | 0.52 | 0.11 |
| Operating Expenses | 1,044 | 968.96 | 847.38 | 591.21 | 394.3 | 198.55 |
| Operating Income | -374.54 | -420.42 | -462.67 | -339.62 | -233.18 | -98.11 |
| Interest Expense | -3.8 | -3.8 | -3.8 | -0.2 | - | - |
| Interest & Investment Income | - | - | - | - | - | 2.49 |
| Currency Exchange Gain (Loss) | 0.39 | - | -2.5 | - | - | - |
| Other Non Operating Income (Expenses) | 49.34 | 33.39 | 13.83 | 2.46 | 4.43 | -0.22 |
| EBT Excluding Unusual Items | -328.62 | -390.83 | -455.15 | -337.36 | -228.74 | -95.83 |
| Merger & Restructuring Charges | -23.5 | -58.35 | - | - | - | - |
| Gain (Loss) on Sale of Investments | 41.05 | 42.51 | 8.89 | -2.27 | -1.29 | 0.79 |
| Pretax Income | -311.07 | -406.67 | -446.26 | -339.63 | -230.04 | -95.05 |
| Income Tax Expense | 40.04 | 36.07 | 6.29 | 3.17 | -0.21 | -0.01 |
| Net Income | -351.11 | -442.75 | -452.55 | -342.8 | -229.83 | -95.04 |
| Net Income to Common | -351.11 | -442.75 | -452.55 | -342.8 | -229.83 | -95.04 |
| Shares Outstanding (Basic) | 317 | 301 | 280 | 189 | 104 | 96 |
| Shares Outstanding (Diluted) | 317 | 301 | 280 | 189 | 104 | 96 |
| Shares Change (YoY) | 7.34% | 7.37% | 48.48% | 80.99% | 8.48% | - |
| EPS (Basic) | -1.11 | -1.47 | -1.62 | -1.82 | -2.21 | -0.99 |
| EPS (Diluted) | -1.11 | -1.47 | -1.62 | -1.82 | -2.21 | -0.99 |
| Free Cash Flow | 7.47 | -106.49 | -161.45 | -108.66 | -83.1 | -70.79 |
| Free Cash Flow Per Share | 0.02 | -0.35 | -0.58 | -0.58 | -0.80 | -0.74 |
| Gross Margin | 73.16% | 70.60% | 65.66% | 64.86% | 68.11% | 67.05% |
| Operating Margin | -40.91% | -54.11% | -78.96% | -87.56% | -98.56% | -65.49% |
| Profit Margin | -38.35% | -56.98% | -77.23% | -88.38% | -97.15% | -63.44% |
| Free Cash Flow Margin | 0.82% | -13.71% | -27.55% | -28.01% | -35.12% | -47.25% |
| EBITDA | -354.77 | -406.51 | -455.05 | -335.99 | -231.61 | -96.91 |
| EBITDA Margin | -38.75% | -52.32% | -77.66% | -86.63% | -97.90% | -64.69% |
| D&A For EBITDA | 19.78 | 13.91 | 7.62 | 3.63 | 1.57 | 1.2 |
| EBIT | -374.54 | -420.42 | -462.67 | -339.62 | -233.18 | -98.11 |
| EBIT Margin | -40.91% | -54.11% | -78.96% | -87.56% | -98.56% | -65.49% |
| Revenue as Reported | 915.61 | 776.95 | 585.94 | 387.86 | 236.58 | 149.81 |
| Advertising Expenses | - | 27.7 | 28.7 | 26.7 | 10.9 | 8.4 |
Source: S&P Capital IQ. Standard template. Financial Sources.