Confluent, Inc. earnings

Confluent closed fiscal 2025 with fourth quarter total revenue of $314.8 million, up 20.5% from the prior-year quarter. Gross profit for the quarter was $235.2 million, up 21.4%, and gross margin was 74.7%, up 0.6 percentage points.

Confluent posted total revenue of $298.5 million for its fiscal 2025 third quarter, up 19.3% from $250.2 million in the prior-year quarter. Subscription revenue of $286.3 million grew 19%, and Confluent Cloud revenue of $161 million rose 24% as the fully managed offering took a larger share of the mix.

Confluent closed the second quarter of fiscal 2025 with total revenue of $282.3 million, up 20.1% from $235.0 million in the prior-year quarter. Gross profit was $208.1 million, up 22.4% from $170.0 million. Gross margin reached 73.7%, up 1.4 percentage points from 72.3%.

Confluent started fiscal 2025 with total revenue of $271.1 million for the quarter ended March 31, 2025, up 24.8% from the prior-year quarter. Gross profit rose 29.5% to $202.0 million, and gross margin was 74.5%, up 2.7 percentage points. The company continued to post GAAP losses but narrowed them.

Confluent closed fiscal 2024 with fourth quarter total revenue of $261.22 million, up 22.5% from the prior-year quarter. Fiscal year revenue reached $963.64 million, up 24.0%. Gross profit for the quarter was $193.66 million, up 24.0%, and gross margin was 74.1%, up 0.9 percentage points from 73.2%.

Confluent closed FY2024 Q3 with total revenue of $250.20 million, up 25.0% from $200.18 million in the prior-year quarter. Year-to-date revenue reached $702.42 million, up 24.6% from $563.77 million.

Confluent's fiscal 2024 second quarter, ended June 30, 2024, produced total revenue of $235.0 million, up 24.1% year over year. Gross profit was $170.0 million, up 29.4%, and gross margin improved 2.9 percentage points to 72.3%.

Confluent's first quarter of fiscal 2024 showed a larger gross profit base and a much smaller operating loss. Total revenue reached $217.24 million, up 24.6% from the prior-year quarter. Gross profit was $156.02 million, up 34.3%. Gross margin was 71.8%, up 5.2 percentage points.

Confluent reported fourth-quarter total revenue of $213.2 million, up 26.4% from the prior-year quarter. Fiscal 2023 revenue was $777.0 million, up 32.6%. Gross margin improved to 73.2% in the fourth quarter from 68.0%, a 5.2 percentage point gain. For the full year, gross margin was 70.4%, up 5.0 percentage points.

Confluent reported fiscal 2023 third quarter revenue of $200.2 million, up 31.9% from $151.7 million in the prior-year quarter. Year-to-date revenue was $563.8 million, up 35.1% from $417.3 million.

Confluent's second quarter of fiscal 2023 delivered revenue of $189.3 million, up 35.8% from the prior-year quarter, and $363.6 million for the six months ended June 30, 2023, up 36.9%. Confluent Cloud did the heavy lifting.

Confluent opened fiscal 2023 with first quarter revenue of $174.3 million, up 38.2% from $126.1 million in the prior-year quarter. Cloud carried the growth. Confluent Cloud revenue rose 89% year over year and reached 42% of total revenue, up from 31% a year earlier.

Confluent closed fiscal 2022 with fourth-quarter revenue of $168.67 million, up 40.6% from the prior-year quarter. Full-year revenue was $585.94 million, up 51.1%. Gross profit rose 55.5% to $114.72 million in the fourth quarter and 53.1% to $383.53 million for the full year.

Confluent reported third quarter revenue of $151.7 million, up 47.9% from the prior-year quarter. For the nine months ended September 30, 2022, revenue was $417.3 million, up 55.7%.

Confluent closed the second quarter of fiscal 2022 with revenue of $139.4 million, up 57.8% from $88.3 million in the prior-year quarter. Year to date, revenue reached $265.5 million, up 60.6%.

Confluent reported total revenue of $126.1 million for its fiscal 2022 first quarter, up 64% from a year earlier. The top line benefited from broad demand for data streaming as more organizations build real-time applications.

Confluent closed fiscal 2021 with strong top-line growth and a much wider bottom-line loss. Fourth-quarter revenue rose to $119.9 million from $70.3 million a year earlier, an increase of 70.5%. Full-year revenue reached $387.9 million, up 63.9% from $236.6 million.

Confluent closed fiscal 2021's third quarter with total revenue of $102.6 million, up 66.8% from $61.5 million in the prior-year quarter. It was the first quarter the company cleared $100 million. Year to date, revenue reached $267.9 million, up 61.2%.

Confluent reported second quarter fiscal 2021 revenue of $88.3 million, up 64% year over year. Revenue for the six months ended June 30, 2021 was $165.4 million, up 57.9%. Confluent Cloud revenue was $19.7 million in the quarter, up 200% year over year, and represented 22% of total revenue.