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Confluent (CFLT) Revenue & Revenue Breakdown

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Confluent Revenue Highlights

Latest Revenue (Y)

$963.64M

Latest Revenue (Q)

$250.20M

Main Segment (Y)

Subscription

Main Geography (Y)

UNITED STATES

Confluent Revenue by Period

Confluent Revenue by Year

DateRevenueChange
2024-12-31$963.64M24.03%
2023-12-31$776.95M32.60%
2022-12-31$585.94M51.07%
2021-12-31$387.86M63.95%
2020-12-31$236.58M57.92%
2019-12-31$149.81M-

Confluent generated $963.64M in revenue during NA 2024, up 24.03% compared to the previous quarter, and up 643.26% compared to the same period a year ago.

Confluent Revenue by Quarter

DateRevenueChange
2024-09-30$250.20M6.47%
2024-06-30$234.99M8.17%
2024-03-31$217.24M1.90%
2023-12-31$213.18M6.50%
2023-09-30$200.18M5.76%
2023-06-30$189.28M8.60%
2023-03-31$174.30M3.34%
2022-12-31$168.67M11.16%
2022-09-30$151.73M8.84%
2022-06-30$139.41M10.52%
2022-03-31$126.14M5.18%
2021-12-31$119.93M16.92%
2021-09-30$102.57M16.11%
2021-06-30$88.34M14.68%
2021-03-31$77.03M9.53%
2020-12-31$70.32M14.35%
2020-09-30$61.50M14.20%
2020-06-30$53.85M5.79%
2020-03-31$50.90M-

Confluent generated $250.20M in revenue during Q3 2024, up 6.47% compared to the previous quarter, and up 132.18% compared to the same period a year ago.

Confluent Revenue Breakdown

Confluent Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23Dec 22Dec 21
License$97.36M$84.03M$76.02M$69.18M
Confluent Cloud$491.87M$348.84M$211.19M$94.18M
Subscription$922.09M$729.11M$535.01M$347.10M
Service$41.55M$47.84M$50.94M$40.77M
Post Contract Customer Support$332.86M$296.25M$247.80M$183.74M

Confluent's latest annual revenue breakdown by segment (product or service), as of Dec 24: Subscription (48.90%), Confluent Cloud (26.08%), Post Contract Customer Support (17.65%), License (5.16%), and Service (2.20%).

Quarterly Revenue by Product

Product/ServiceDec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
Subscription$250.64M$239.85M$224.70M$206.90M$202.79M$189.27M$176.49M$160.57M$155.34M$138.73M$127.02M$113.92M$108.19M$92.40M$78.52M
Service$10.58M$10.35M$10.28M$10.34M$10.40M$10.91M$12.80M$13.73M$13.32M$13.00M$12.39M$12.22M$11.74M$10.17M$9.82M
Post Contract Customer Support$86.68M$85.11M$80.38M$80.69M$79.65M$76.28M$72.37M$67.94M$66.58M$64.69M$60.47M$56.06M$52.61M$47.72M$43.30M
License$26.07M$24.97M$26.96M$19.37M$23.11M$21.39M$20.54M$18.99M$20.38M$17.12M$19.57M$18.95M$21.80M$17.87M$15.55M
Confluent Cloud$137.89M$129.77M$117.36M$106.84M$100.03M$91.60M$83.58M$73.64M$68.37M$56.92M$46.98M$38.91M$33.78M$26.81M$19.67M

Confluent's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Subscription (48.97%), Confluent Cloud (26.94%), Post Contract Customer Support (16.93%), License (5.09%), and Service (2.07%).

Confluent Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 24Dec 23Dec 22Dec 21
Non-US$386.88M$312.10M$223.81M$141.19M
UNITED STATES$576.76M$464.86M$362.13M$246.68M

Confluent's latest annual revenue breakdown by geography, as of Dec 24: UNITED STATES (59.85%), and Non-US (40.15%).

Quarterly Revenue by Country

CountryDec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
Non-US$107.52M$97.80M$91.74M$89.83M$85.55M$80.81M$75.38M$70.36M$68.21M$56.61M$51.85M$47.15M$45.61M--
UNITED STATES$153.70M$152.40M$143.25M$127.41M$127.64M$119.37M$113.91M$103.94M$100.46M$95.13M$87.56M$78.99M$74.32M$66.26M$56.81M
Non Us-------------$36.31M$31.53M

Confluent's latest quarterly revenue breakdown by geography, as of Dec 24: UNITED STATES (58.84%), and Non-US (41.16%).

Confluent Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
CFLTConfluent$963.64M$250.20M
DOCNDigitalOcean$780.62M$198.48M
GTLBGitLab$759.25M$196.05M
MNDYmonday$729.70M$216.91M
GLBEGlobal-e Online$569.95M$145.87M
DOCSDoximity$475.42M$168.60M

CFLT Revenue FAQ

What is Confluent’s yearly revenue?

Confluent's yearly revenue for 2024 was $963.64M, representing an increase of 24.03% compared to 2023. The company's yearly revenue for 2023 was $776.95M, representing an increase of 32.60% compared to 2022. CFLT's yearly revenue for 2022 was $585.94M, representing an increase of 51.07% compared to 2021.

What is Confluent’s quarterly revenue?

Confluent's quarterly revenue for Q3 2024 was $250.2M, a 6.47% increase from the previous quarter (Q2 2024), and a 24.99% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $234.99M, a 8.17% increase from the previous quarter (Q1 2024), and a 24.14% increase year-over-year (Q2 2023). CFLT's quarterly revenue for Q1 2024 was $217.24M, a 1.90% increase from the previous quarter (Q4 2023), and a 24.63% increase year-over-year (Q1 2023).

What is Confluent’s revenue growth rate?

Confluent's revenue growth rate for the last 3 years (2022-2024) was 64.46%, and for the last 5 years (2020-2024) was 307.33%.

What are Confluent’s revenue streams?

Confluent's revenue streams in c 24 are License, Confluent Cloud, Subscription, Service, and Post Contract Customer Support. License generated $97.36M in revenue, accounting 5.16% of the company's total revenue, up 15.87% year-over-year. Confluent Cloud generated $491.87M in revenue, accounting 26.08% of the company's total revenue, up 41.00% year-over-year. Subscription generated $922.09M in revenue, accounting 48.90% of the company's total revenue, up 26.47% year-over-year. Service generated $41.55M in revenue, accounting 2.20% of the company's total revenue, down -13.15% year-over-year. Post Contract Customer Support generated $332.86M in revenue, accounting 17.65% of the company's total revenue, up 12.36% year-over-year.

What is Confluent’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Confluent was Subscription. This segment made a revenue of $922.09M, representing 48.90% of the company's total revenue.