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 - Q2 2024 - Jul 31, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 476 % -10.3%
Debt-to-equity 195 % -4.06%
Return On Equity -44.6 % +28.7%
Return On Assets -15.1 % +26.7%
Operating Margin -47.7 % +37.2%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 7.36B USD
Weighted Average Number of Shares Outstanding, Basic 319M shares +7.25%
Weighted Average Number of Shares Outstanding, Diluted 319M shares +7.25%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 866M USD +26.6%
Research and Development Expense 382M USD +22.2%
Selling and Marketing Expense 513M USD +3.92%
General and Administrative Expense 144M USD +2.68%
Operating Income (Loss) -413M USD +20.5%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -331M USD +29.6%
Income Tax Expense (Benefit) 38.6M USD +421%
Net Income (Loss) Attributable to Parent -370M USD +22.7%
Earnings Per Share, Basic -1.18 USD/shares +28.9%
Earnings Per Share, Diluted -1.18 USD/shares +28.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 311M USD -0.42%
Accounts Receivable, after Allowance for Credit Loss, Current 257M USD +36.4%
Assets, Current 2.31B USD +7.83%
Property, Plant and Equipment, Net 66.8M USD +53.2%
Operating Lease, Right-of-Use Asset 10M USD -15.8%
Goodwill 52M USD +19.5%
Other Assets, Noncurrent 15.7M USD -18.1%
Assets 2.53B USD +8.63%
Accounts Payable, Current 14M USD +469%
Employee-related Liabilities, Current 55.1M USD +16.3%
Accrued Liabilities, Current 18.7M USD +15.2%
Contract with Customer, Liability, Current 329M USD +9.33%
Liabilities, Current 520M USD +22.9%
Contract with Customer, Liability, Noncurrent 19.6M USD -27.9%
Operating Lease, Liability, Noncurrent 12.6M USD -41.3%
Other Liabilities, Noncurrent 12M USD +51.7%
Liabilities 1.65B USD +5.64%
Accumulated Other Comprehensive Income (Loss), Net of Tax -2.1M USD +78.6%
Retained Earnings (Accumulated Deficit) -1.83B USD -25.4%
Stockholders' Equity Attributable to Parent 874M USD +14.8%
Liabilities and Equity 2.53B USD +8.63%

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 311M USD -0.42%
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 5.9M USD -44.9%
Payments to Acquire Property, Plant, and Equipment 186K USD -65.9%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -362M USD +24.3%
Lessee, Operating Lease, Liability, to be Paid 26.8M USD -24%
Property, Plant and Equipment, Gross 101M USD +63.7%
Operating Lease, Liability, Current 10.6M USD +38.8%
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 2.7B USD +21.3%
Preferred Stock, Shares Outstanding 0 shares
Deferred Tax Assets, Net of Valuation Allowance 44.5M USD +15.3%
Share-based Payment Arrangement, Expense 373M USD +15.5%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%