Financial Snapshot

Revenue
$915.6M
TTM
Gross Margin
72.99%
TTM
Net Earnings
-$351.1M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
423.62%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$934.3M
Q3 2024
Cash
Q3 2024
P/E
-30.90
Nov 29, 2024 EST
Free Cash Flow
-$7.280M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $777.0M $585.9M $387.9M $236.6M $149.8M
YoY Change 32.6% 51.07% 63.95% 57.92% 129.88%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $777.0M $585.9M $387.9M $236.6M $149.8M
Cost Of Revenue $229.7M $202.4M $137.3M $75.48M $49.37M
Gross Profit $547.3M $383.5M $250.6M $161.1M $100.4M
Gross Profit Margin 70.44% 65.45% 64.6% 68.1% 67.04%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $642.4M $582.2M $428.3M $288.9M $140.5M
YoY Change 10.36% 35.93% 48.25% 105.67% 107.35%
% of Gross Profit 117.39% 151.79% 170.92% 179.31% 139.84%
Research & Development $348.8M $264.0M $161.9M $105.4M $58.09M
YoY Change 32.08% 63.06% 53.63% 81.44% 157.19%
% of Gross Profit 63.72% 68.85% 64.62% 65.42% 57.84%
Depreciation & Amortization $13.91M $7.620M $3.632M $1.567M $1.202M
YoY Change 82.55% 109.8% 131.78% 30.37%
% of Gross Profit 2.54% 1.99% 1.45% 0.97% 1.2%
Operating Expenses $991.2M $846.2M $590.2M $394.3M $198.5M
YoY Change 17.14% 43.38% 49.69% 98.58% 119.82%
Operating Profit -$443.9M -$462.7M -$339.6M -$233.2M -$98.11M
YoY Change -4.05% 36.23% 45.65% 137.67% 136.21%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense -$3.800M -$3.800M -$17.28M $4.113M $2.494M
YoY Change 0.0% -78.01% -520.11% 64.92% 166.45%
% of Operating Profit
Other Income/Expense, Net $72.10M $16.42M -$2.027M -$973.0K $567.0K
YoY Change 339.2% -909.87% 108.32% -271.6% -240.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income -$406.7M -$446.3M -$339.6M -$230.0M -$95.05M
YoY Change -8.87% 31.4% 47.64% 142.02% 131.8%
Income Tax $36.07M $6.293M $3.174M -$207.0K -$5.000K
% Of Pretax Income
Net Earnings -$442.7M -$452.6M -$342.8M -$229.8M -$95.04M
YoY Change -2.17% 32.02% 49.16% 141.82% 129.58%
Net Earnings / Revenue -56.98% -77.23% -88.38% -97.15% -63.44%
Basic Earnings Per Share -$1.47 -$1.62 -$1.82 -$2.21
Diluted Earnings Per Share -$1.47 -$1.62 -$1.817M -$909.8K -$376.2K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $1.901B $1.927B $2.016B $288.5M $99.77M
YoY Change -1.35% -4.42% 598.68% 189.2%
Cash & Equivalents $349.8M $435.8M $1.376B $36.79M $18.95M
Short-Term Investments $1.551B $1.491B $640.1M $251.8M $80.82M
Other Short-Term Assets $120.9M $93.11M $72.57M $28.19M $15.51M
YoY Change 29.87% 28.32% 157.39% 81.74%
Inventory
Prepaid Expenses
Receivables $230.0M $178.2M $137.5M $106.0M $65.07M
Other Receivables $0.00 $0.00 $0.00 $4.985M $2.709M
Total Short-Term Assets $2.252B $2.198B $2.226B $427.7M $183.1M
YoY Change 2.44% -1.26% 420.48% 133.63%
Property, Plant & Equipment $64.07M $58.57M $51.71M $54.99M $2.871M
YoY Change 9.4% 13.26% -5.97% 1815.4%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $89.59M $88.16M $64.95M $43.43M $20.38M
YoY Change 1.63% 35.74% 49.53% 113.08%
Total Long-Term Assets $209.2M $146.7M $116.7M $98.43M $23.26M
YoY Change 42.55% 25.77% 18.52% 323.24%
Total Assets $2.461B $2.345B $2.343B $526.1M $206.3M
YoY Change
Accounts Payable $6.714M $21.44M $7.591M $1.646M $1.771M
YoY Change -68.68% 182.43% 361.18% -7.06%
Accrued Expenses $149.7M $110.1M $96.05M $38.90M $20.07M
YoY Change 35.96% 14.66% 146.91% 93.85%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $487.0M $424.3M $348.2M $193.8M $114.9M
YoY Change 14.77% 21.87% 79.66% 68.6%
Long-Term Debt $1.088B $1.085B $1.081B $0.00 $0.00
YoY Change 0.35% 0.35%
Other Long-Term Liabilities $75.06M $66.54M $63.56M $63.94M $16.35M
YoY Change 12.8% 4.69% -0.59% 290.99%
Total Long-Term Liabilities $1.163B $1.151B $1.144B $63.94M $16.35M
YoY Change 1.07% 0.59% 1689.72% 290.99%
Total Liabilities $1.650B $1.575B $1.492B $257.7M $131.3M
YoY Change 4.76% 5.56% 479.07% 96.29%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding 300.7M 280.1M 188.6M 104.2M
Diluted Shares Outstanding 300.7M 280.1M 188.6M 104.2M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $10.85 Billion

About Confluent, Inc.

Confluent, Inc. creates a data infrastructure platform focused on data in motion. The company is headquartered in Mountain View, California and currently employs 2,744 full-time employees. The company went IPO on 2021-06-24. The firm is engaged in designing data infrastructure to connect the applications, systems and data layers around a real-time central nervous system. The firm is focused on developing a category of data infrastructure focused on data in motion for developers and enterprises. The company enables enterprises to deliver customer experiences for their business functions, departments, teams, applications, and data stores to have complete connectivity. The company is designed to have real-time data from multiple sources constantly streamed across an enterprise for real-time analysis. Its offering enables organizations to deploy production-ready applications that run across cloud infrastructures and data centers, with features for security and compliance. Its platform provides the capabilities to fill the structural, operational and engineering gaps in businesses. The company enables software developers to build their applications to connect data in motion.

Industry: Services-Prepackaged Software Peers: AppLovin Corp DROPBOX, INC. HashiCorp, Inc. Informatica Inc. PROCORE TECHNOLOGIES, INC. Qualtrics International Inc. Salesforce, Inc. Samsara Inc.