Confluent, Inc. financial data

Symbol
CFLT on Nasdaq
Industry
Services-Prepackaged Software
Location
899 W. Evelyn Avenue, Mountain View, CA
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2024 - Oct 30, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 457 % -10.8%
Debt-to-equity 190 % -7.13%
Return On Equity -40.6 % +31.7%
Return On Assets -14 % +28.2%
Operating Margin -43.5 % +37.5%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 7.36B USD
Weighted Average Number of Shares Outstanding, Basic 324M shares +6.72%
Weighted Average Number of Shares Outstanding, Diluted 324M shares +6.72%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 916M USD +25%
Research and Development Expense 393M USD +17.9%
Selling and Marketing Expense 522M USD +2.84%
General and Administrative Expense 151M USD +9.02%
Operating Income (Loss) -398M USD +21.8%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -311M USD +30.5%
Income Tax Expense (Benefit) 40M USD +463%
Net Income (Loss) Attributable to Parent -351M USD +22.8%
Earnings Per Share, Basic -1.11 USD/shares +28.4%
Earnings Per Share, Diluted -1.11 USD/shares +28.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 323M USD +1.76%
Accounts Receivable, after Allowance for Credit Loss, Current 279M USD +52.1%
Assets, Current 2.27B USD +4.53%
Property, Plant and Equipment, Net 73.2M USD +52.6%
Operating Lease, Right-of-Use Asset 9.99M USD -8.65%
Intangible Assets, Net (Excluding Goodwill) 8.7M USD
Goodwill 164M USD +278%
Other Assets, Noncurrent 13.4M USD -32.2%
Assets 2.61B USD +10.4%
Accounts Payable, Current 15.5M USD +679%
Employee-related Liabilities, Current 64.2M USD +1.49%
Accrued Liabilities, Current 18.5M USD +29.1%
Contract with Customer, Liability, Current 350M USD +16.4%
Liabilities, Current 535M USD +22.8%
Contract with Customer, Liability, Noncurrent 24.6M USD +6.2%
Operating Lease, Liability, Noncurrent 11.4M USD -41.3%
Other Liabilities, Noncurrent 11.6M USD +60.6%
Liabilities 1.67B USD +6.43%
Accumulated Other Comprehensive Income (Loss), Net of Tax 9.42M USD
Retained Earnings (Accumulated Deficit) -1.9B USD -22.7%
Stockholders' Equity Attributable to Parent 934M USD +18.4%
Liabilities and Equity 2.61B USD +10.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -26M USD +66.6%
Net Cash Provided by (Used in) Financing Activities 30M USD -20.5%
Net Cash Provided by (Used in) Investing Activities -16.8M USD +68.1%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -13.4M USD +85.5%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 323M USD +1.76%
Deferred Tax Assets, Valuation Allowance 588M USD +27.4%
Deferred Tax Assets, Gross 632M USD +26.5%
Operating Lease, Liability 25.3M USD -22.2%
Depreciation 7.5M USD -38.5%
Payments to Acquire Property, Plant, and Equipment 186K USD -65.9%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -332M USD +26.4%
Lessee, Operating Lease, Liability, to be Paid 26.8M USD -24%
Property, Plant and Equipment, Gross 113M USD +61.8%
Operating Lease, Liability, Current 10.7M USD +38.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 10.7M USD +23.9%
Lessee, Operating Lease, Liability, to be Paid, Year One 8.78M USD +1.83%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure 0%
Deferred Income Tax Expense (Benefit) 615K USD +12200%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.48M USD -45.5%
Lessee, Operating Lease, Liability, to be Paid, Year Three 7.23M USD -32.4%
Deferred Tax Assets, Operating Loss Carryforwards 369M USD +13.6%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 10M shares 0%
Unrecognized Tax Benefits 27.3M USD +44.4%
Lessee, Operating Lease, Liability, to be Paid, Year Four 7.23M USD -30.9%
Additional Paid in Capital 2.83B USD +20.3%
Preferred Stock, Shares Outstanding 0 shares
Deferred Tax Assets, Net of Valuation Allowance 44.5M USD +15.3%
Share-based Payment Arrangement, Expense 382M USD +13.2%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%