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Confluent (CFLT) Revenue & Revenue Breakdown

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Confluent Revenue Highlights

Latest Revenue (Y)

$776.95M

Latest Revenue (Q)

$250.20M

Main Segment (Y)

Subscription

Main Geography (Y)

UNITED STATES

Confluent Revenue by Period

Confluent Revenue by Year

DateRevenueChange
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 $776.95M in revenue during NA 2023, up 32.60% compared to the previous quarter, and up 0.00% 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 23Dec 22Dec 21
Service$47.84M$50.94M$40.77M
Subscription$729.11M$535.01M$347.10M
Confluent Cloud$348.84M$211.19M$94.18M
License$84.03M$76.02M$69.18M
Post Contract Customer Support$296.25M$247.80M$183.74M

Confluent's latest annual revenue breakdown by segment (product or service), as of Dec 23: Subscription (48.41%), Confluent Cloud (23.16%), Post Contract Customer Support (19.67%), License (5.58%), and Service (3.18%).

Quarterly Revenue by Product

Product/ServiceSep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
Confluent Cloud$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
License$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
Post Contract Customer Support$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
Service$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
Subscription$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

Confluent's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Subscription (48.94%), Confluent Cloud (26.48%), Post Contract Customer Support (17.37%), License (5.09%), and Service (2.11%).

Confluent Revenue Breakdown by Country

Annual Revenue by Country

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

Confluent's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (59.83%), and Non-US (40.17%).

Quarterly Revenue by Country

CountrySep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
UNITED STATES$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$97.80M$91.74M$89.83M$85.55M$80.81M$75.38M$70.36M$68.21M$56.61M$51.85M$47.15M$45.61M--
Non Us------------$36.31M$31.53M

Confluent's latest quarterly revenue breakdown by geography, as of Sep 24: UNITED STATES (60.91%), and Non-US (39.09%).

Confluent Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
CFLTConfluent$776.95M$250.20M
MNDYmonday$729.70M$216.91M
DOCNDigitalOcean$692.88M$198.48M
GTLBGitLab$579.91M$196.05M
GLBEGlobal-e Online$569.95M$145.87M
DOCSDoximity$475.42M$136.83M

CFLT Revenue FAQ

What is Confluent’s yearly revenue?

Confluent's yearly revenue for 2023 was $776.95M, representing an increase of 32.60% compared to 2022. The company's yearly revenue for 2022 was $585.94M, representing an increase of 51.07% compared to 2021. CFLT's yearly revenue for 2021 was $387.86M, representing an increase of 63.95% compared to 2020.

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 (2021-2023) was 100.32%, and for the last 5 years (2019-2023) was 418.64%.

What are Confluent’s revenue streams?

Confluent's revenue streams in c 23 are Service, Subscription, Confluent Cloud, License, and Post Contract Customer Support. Service generated $47.84M in revenue, accounting 3.18% of the company's total revenue, down -6.08% year-over-year. Subscription generated $729.11M in revenue, accounting 48.41% of the company's total revenue, up 36.28% year-over-year. Confluent Cloud generated $348.84M in revenue, accounting 23.16% of the company's total revenue, up 65.18% year-over-year. License generated $84.02M in revenue, accounting 5.58% of the company's total revenue, up 10.53% year-over-year. Post Contract Customer Support generated $296.24M in revenue, accounting 19.67% of the company's total revenue, up 19.55% year-over-year.

What is Confluent’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Confluent was Subscription. This segment made a revenue of $729.11M, representing 48.41% of the company's total revenue.