Confluent Inc.

$CFLT
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Confluent, Inc. engages in developing cloud-native platform for data-in-motion that helps companies to connect their applications around real-time streams in the United States and internationally. The company offers Apache Kafka, a community distributed event streaming platform. Its products also include Confluent Cloud, a managed cloud-native service for Apache Kafka to connect and process data of user companies; Confluent platform, a self-managed platform to connect, process, and react to data in real-time for streaming data from across the organization for customer experiences and data-driven operations; ksqlDB that enables users to build real-time applications; and Confluent hub. The company's solutions also include insurance, automotive, technology, fraud detection, customer 360, messaging modernization, streaming ETL, event-driven microservices, mainframe offload, SIEM optimization, bridge to cloud, and internet of things. It also provides professional services and tools for Confluent customers to help in streaming platform adoption; and training and certification programs for Confluent education. The company serves financial services, gaming, government, manufacturing, media and entertainment, and retail and eCommerce industries. It has a strategic alliance with Microsoft. The company was formerly known as Infinitem, Inc. and changed its name to Confluent, Inc. in September 2014. Confluent, Inc. was incorporated in 2014 and is headquartered in Mountain View, California.

IPO Year: 2021

Exchange: NASDAQ

Website: confluent.io

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Recent Analyst Ratings for Confluent Inc.

DatePrice TargetRatingAnalyst
2/26/2025$34.00 → $38.00Neutral → Buy
UBS
1/16/2025$33.00 → $30.00Overweight → Equal-Weight
Morgan Stanley
9/4/2024$23.00Neutral
Robert W. Baird
8/9/2024$25.00Neutral → Overweight
JP Morgan
6/11/2024$35.00Outperform
Evercore ISI
5/17/2024$37.00Outperform
Oppenheimer
5/8/2024$35.00Hold → Buy
Canaccord Genuity
2/21/2024$40.00Buy
Stifel
1/30/2024$23.00Hold
Loop Capital
11/28/2023$34.00Outperform
Bernstein
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Confluent Inc. Press Releases

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  • Confluent Announces the General Availability of Tableflow

    Tableflow brings real-time business context to analytical systems to make AI and next-generation applications enterprise-ready Confluent, Inc. (NASDAQ:CFLT), the data streaming pioneer, today announced significant advancements in Tableflow, the easiest way to access operational data from data lakes and warehouses. With Tableflow, all streaming data in Confluent Cloud can be accessed in popular open table formats, unlocking limitless possibilities for advanced analytics, real-time artificial intelligence (AI), and next-generation applications. Support for Apache Iceberg™ is now generally available (GA). And as a result of an expanded partnership with Databricks, a new early access program f

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  • New Confluent Cloud for Apache Flink® Capabilities Simplify Real-Time AI Development

    Flink Native Inference seamlessly runs AI models directly in Confluent Cloud for streamlined development Flink search delivers a unified interface for querying vector databases, simplifying the data enrichment process Built-in ML functions open the full potential of AI-driven analytics to non-data science specialists Confluent, Inc. (NASDAQ:CFLT), the data streaming pioneer, announced new capabilities in Confluent Cloud for Apache Flink® that streamline and simplify the process of developing real-time artificial intelligence (AI) applications. Flink Native Inference cuts through complex workflows by enabling teams to run any open source AI model directly in Confluent Cloud. Flink search

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  • Confluent Announces Partnership With sccc by stc to Bring Enterprise-Ready Data Streaming to Saudi Arabia

    Confluent Platform is now available as a fully managed service through Saudi Cloud Computing Company (sccc by stc), delivering the power of real-time data to more businesses in the Kingdom Confluent, Inc. (NASDAQ:CFLT), the data streaming pioneer, today announced sccc by stc—a leading cloud services provider in Saudi Arabia—has joined the Confluent OEM Program as a managed service provider (MSP) to make data streaming more accessible in Saudi Arabia. The new partnership aligns with Saudi Vision 2030, an initiative that prioritizes technical innovation, by helping accelerate digital transformations across key industries including finance, retail, healthcare, and public services. Through th

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  • Confluent to Present at Upcoming Investor Conference

    Confluent, Inc. (NASDAQ:CFLT), the data streaming pioneer, today announced that its management will present at the following upcoming investor conference: Morgan Stanley Technology, Media & Telecom Conference Date: Wednesday, March 5, 2025 Time: 10:45 a.m. PT / 1:45 p.m. ET A live webcast and a replay of each presentation will be available on Confluent's investor relations website at investors.confluent.io. About Confluent Confluent is the data streaming platform that is pioneering a fundamentally new category of data infrastructure that sets data in motion. Confluent's cloud-native offering is the foundational platform for data in motion – designed to be the intelligent connective

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  • Confluent to Host Investor Day on Thursday, March 6, 2025

    Confluent, Inc. (NASDAQ:CFLT), the data streaming pioneer, today announced the webcast details and timing for its upcoming Investor Day 2025. During the webcast, management will discuss Confluent's vision and strategy, its data streaming platform, go-to-market approach, and financials. Webcast Information Date: Thursday, March 6, 2025 Time: 1:00 p.m. PT / 4:00 p.m. ET Webcast: https://investors.confluent.io Note: A replay of the webcast will be made available after the event. For in-person attendance in San Francisco, please contact Confluent investor relations at investors@confluent.io for registration information. About Confluent Confluent is the data streaming platform that is pione

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  • Confluent Announces Strategic Partnership with Jio Platforms Limited to Accelerate India's Development of GenAI and Next-Gen Applications with Data Streams through Jio Cloud Services

    The agreement will make Confluent the first data streaming platform available on Jio Cloud Services, delivering the power of real-time data to more businesses in India Confluent, Inc. (NASDAQ:CFLT), the data streaming pioneer, today announced it has signed a strategic partnership with Jio Platforms Limited ("Jio") for Jio Cloud Services. This strategic agreement marks a significant leap in advancing India's digital capabilities, as data streams are fundamental for real-time and GenAI use cases. Through this agreement: Confluent Cloud will be available on Jio Cloud Services, making it easier than ever for more businesses across India to get started with data streaming Confluent Platf

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  • Confluent and Databricks Partner to Usher In New Age of Real-Time AI

    New partnership eliminates data silos for enterprises with Apache Kafka and Delta Lake Confluent, Inc. (NASDAQ:CFLT), the data streaming pioneer, and Databricks, the Data and AI company, today announced a major expansion in their partnership that brings together Confluent's complete Data Streaming Platform and Databricks' Data Intelligence Platform to empower enterprises with real-time data for AI-driven decision-making. New integrations between Confluent's Tableflow and Databricks Unity Catalog will seamlessly govern data across operational and analytical systems, allowing businesses to build AI applications more efficiently. Addressing the AI Data Challenge Enterprises are rapidly b

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  • Confluent Announces Fourth Quarter and Fiscal Year 2024 Financial Results

    Fourth quarter subscription revenue of $251 million, up 24% year over year; Confluent Cloud revenue of $138 million, up 38% year over year Fiscal year 2024 subscription revenue of $922 million, up 26% year over year; Confluent Cloud revenue of $492 million, up 41% year over year 1,381 customers with $100,000 or greater in ARR, up 12% year over year Confluent, Inc. (NASDAQ:CFLT), the data streaming pioneer, today announced financial results for its fourth quarter and fiscal year 2024, ended December 31, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250210693574/en/Q4 2024 Confluent Infographic (Graphic: Confluent

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  • Confluent to Announce Fourth Quarter and Fiscal Year 2024 Financial Results on February 11, 2025

    Confluent, Inc. (NASDAQ:CFLT), the data streaming pioneer, today announced it will release financial results for its fourth quarter and fiscal year 2024, which ended December 31, 2024, after the U.S. market close on Tuesday, February 11, 2025. Confluent will host a live video webcast to discuss the results. Video Webcast Information Date: Tuesday, February 11, 2025 Time: 1:30 p.m. PT / 4:30 p.m. ET Webcast: https://investors.confluent.io Prior to the commencement of the webcast, Confluent's earnings press release and supplemental materials will be accessible from its investor relations website at investors.confluent.io. A replay of the webcast will also be accessible from Confluent's in

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  • New Confluent Platform for Apache Flink Makes It Easy to Manage and Secure High-Performance Stream Processing On-Premises

    Confluent Manager for Apache Flink provides a cloud-like management experience for on-premises Kubernetes environments WarpStream Orbit streamlines "Bring Your Own Cloud" adoption for easier, fail-proof migrations Confluent, Inc. (NASDAQ:CFLT), the data streaming pioneer, announced the general availability of Confluent Platform for Apache Flink® with added enterprise-level security capabilities and easier ways to manage and scale on-premises Apache Flink workloads. Confluent is now the only company that offers data streaming paired with stream processing for cloud and on-premises workloads so businesses can turn their data into value faster. In addition, Confluent announced WarpStream O

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  • Confluent Launches OEM Program to Help Partners Quickly and Confidently Grow Their Business with Data Streaming

    MSPs, CSPs, and ISVs can rapidly unlock new revenue streams with the industry's leading data streaming platform integrated into their customer offerings Confluent, Inc. (NASDAQ:CFLT), the data streaming pioneer, today announced the Confluent OEM Program. The new program for managed service providers (MSPs), cloud service providers (CSPs), and independent software vendors (ISVs) makes it easy to launch and enhance customer offerings with a complete data streaming platform for Apache Kafka® and Apache Flink®. With license to globally redistribute or embed Confluent's enterprise-grade platform, partners can bring real-time products and Kafka offerings to market faster and easily monetize cust

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  • Sigma Names New Chief Financial Officer and New General Counsel to Drive Next Phase of Growth

    Christina Liu and Ali Harmer join Sigma to guide the organization's financial and legal teams through Sigma's continued high-velocity business growth Sigma, the first and only data analytics solution built natively for cloud scale, announced the addition of two new executives: Christina Liu as Chief Financial Officer (CFO) and Ali Harmer as General Counsel. These new executive hires bring high-impact expertise to measurably grow Sigma and develop the company's business strategy in collaboration with other key leaders in the organization. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240618081253/en/Christina Liu, Chief Financ

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  • Shaun Clowes Appointed Chief Product Officer of Confluent

    Former Chief Product Officer of Mulesoft brings extensive experience and leadership to Confluent Confluent, Inc. (NASDAQ:CFLT), the data streaming pioneer, today announced the appointment of Shaun Clowes as Chief Product Officer (CPO). As Chief Product Officer, Shaun will lead the strategy and execution of all product-related activities within Confluent, including product innovation and the product roadmap. Shaun joins Confluent from Mulesoft, where he served as CPO, and before that, Atlassian where he served as the Head of Growth. Shaun's appointment comes at a key moment, as businesses move toward more real-time operations. All businesses are facing competitive pressures to meet custome

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  • Rey Perez Appointed Chief Customer Officer of Confluent

    Industry veteran to help customers succeed with the power of data streaming Confluent, Inc. (NASDAQ:CFLT), the data streaming pioneer, today announced the appointment of Rey Perez as Chief Customer Officer (CCO). As CCO, Rey will lead the customer success, sales engineering services, training and support teams as data streaming becomes a core part of how modern businesses operate. Rey joins Confluent from New Relic, where he served as CCO, leading the solutions engineering, solutions architecture, enablement and expert services teams. As CCO, Rey will enable more organizations to set their data in motion. With Confluent acting as the central nervous system of their business, companies can

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  • Gunjan Aggarwal Appointed Chief People Officer of Confluent

    Former RingCentral Chief People Officer to lead Confluent's people organization and enhance the world-class workplace, inclusive culture and distributed workforce Confluent, Inc. (NASDAQ:CFLT), the data streaming platform to set data in motion, today announced the appointment of Gunjan Aggarwal as Chief People Officer (CPO). Gunjan joins Confluent from RingCentral, where she most recently served as Executive Vice President (EVP) and the company's first CPO. As Confluent's Chief People Officer, Gunjan will lead the people and places function for the company including talent acquisition and development, organization effectiveness, rewards and recognition, people operations, culture and inclu

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Confluent Inc. Financials

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  • Confluent Announces Fourth Quarter and Fiscal Year 2024 Financial Results

    Fourth quarter subscription revenue of $251 million, up 24% year over year; Confluent Cloud revenue of $138 million, up 38% year over year Fiscal year 2024 subscription revenue of $922 million, up 26% year over year; Confluent Cloud revenue of $492 million, up 41% year over year 1,381 customers with $100,000 or greater in ARR, up 12% year over year Confluent, Inc. (NASDAQ:CFLT), the data streaming pioneer, today announced financial results for its fourth quarter and fiscal year 2024, ended December 31, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250210693574/en/Q4 2024 Confluent Infographic (Graphic: Confluent

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  • Confluent Announces Third Quarter 2024 Financial Results

    Subscription revenue of $240 million, up 27% year over year Confluent Cloud revenue of $130 million, up 42% year over year 1,346 customers with $100,000 or greater in ARR, up 14% year over year Confluent, Inc. (NASDAQ:CFLT), the data streaming pioneer, today announced financial results for its third quarter of 2024, ended September 30, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241029049730/en/Q3 2024 Confluent Infographic (Graphic: Confluent) "Confluent was founded with the mission of setting data in motion for organizations around the world," said Jay Kreps, co-founder and CEO, Confluent. "Today, thousands of g

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  • Confluent Acquires WarpStream to Advance Next-Gen BYOC Data Streaming

    Confluent now enables customers to get real-time data however and wherever they need it—on prem, in the cloud or BYOC Confluent, Inc. (NASDAQ:CFLT), the data streaming pioneer, today announced it has acquired WarpStream, an Apache Kafka®-compatible data streaming platform. WarpStream's Bring Your Own Cloud ("BYOC") data streaming architecture is designed for organizations running large scale workloads with relaxed latency requirements in their own cloud environment, perfect for logging, observability, and feeding data lakes. With the acquisition of WarpStream, Confluent now has a data streaming offering for every company no matter the need—whether that's fully managed with Confluent Cloud,

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  • Confluent Announces Second Quarter 2024 Financial Results

    Subscription revenue of $225 million, up 27% year over year Confluent Cloud revenue of $117 million, up 40% year over year 1,306 customers with $100,000 or greater in ARR, up 14% year over year Confluent, Inc. (NASDAQ:CFLT), the data streaming pioneer, today announced financial results for its second quarter of 2024, ended June 30, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240730385374/en/ "Confluent had a solid second quarter, demonstrated by 40% year-over-year revenue growth for Confluent Cloud and our largest sequential increase in total customer count in two years," said Jay Kreps, co-founder and CEO, Co

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  • Confluent Announces First Quarter 2024 Financial Results

    First quarter total revenue of $217 million, up 25% year over year First quarter subscription revenue of $207 million, up 29% year over year First quarter Confluent Cloud revenue of $107 million, up 45% year over year 1,260 customers with $100,000 or greater in ARR, up 17% year over year Confluent, Inc. (NASDAQ:CFLT), the data streaming pioneer, today announced financial results for its first quarter of 2024, ended March 31, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240506875179/en/Q1 2024 Confluent Infographic (Graphic: Confluent) "Confluent started fiscal year 2024 strong, highlighted by 45% year-over-y

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  • Confluent Announces Fourth Quarter and Fiscal Year 2023 Financial Results

    Fourth quarter total revenue of $213 million, up 26% year over year; fiscal year 2023 total revenue of $777 million, up 33% year over year Fourth quarter subscription revenue of $203 million, up 31% year over year; fiscal year 2023 subscription revenue of $729 million, up 36% year over year Fourth quarter Confluent Cloud revenue of $100 million, up 46% year over year; fiscal year 2023 Confluent Cloud revenue of $349 million, up 65% year over year 1,229 customers with $100,000 or greater in ARR, up 21% year over year Confluent, Inc. (NASDAQ:CFLT), the data streaming pioneer, today announced financial results for its fourth quarter and fiscal year 2023, ended December 31, 2023.

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  • Confluent Announces Third Quarter 2023 Financial Results

    Third quarter revenue of $200 million, up 32% year over year Third quarter Confluent Cloud revenue of $92 million, up 61% year over year Remaining performance obligations of $824 million, up 24% year over year 1,185 customers with $100,000 or greater in ARR, up 25% year over year Confluent, Inc. (NASDAQ:CFLT), the data streaming pioneer, today announced financial results for its third quarter of 2023, ended September 30, 2023. "Confluent delivered another strong quarter with 32% year-over-year revenue growth in a volatile macroeconomic environment," said Jay Kreps, co-founder and CEO, Confluent. "Our continued growth is driven by the critical role of data streaming and custom

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  • Confluent Announces Second Quarter 2023 Financial Results

    Second quarter revenue of $189 million, up 36% year over year Second quarter Confluent Cloud revenue of $84 million, up 78% year over year Remaining performance obligations of $791 million, up 34% year over year 1,144 customers with $100,000 or greater in ARR, up 33% year over year Confluent, Inc. (NASDAQ:CFLT), the data streaming pioneer, today announced financial results for its second quarter of 2023, ended June 30, 2023. "Data streaming is a mission critical component of the modern data stack," said Jay Kreps, co-founder and CEO, Confluent. "That's evidenced by our beat of guided metrics every quarter that we've been public, including this second quarter where we saw a st

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  • Confluent Announces First Quarter 2023 Financial Results

    First quarter revenue of $174 million, up 38% year over year First quarter Confluent Cloud revenue of $74 million, up 89% year over year Remaining performance obligations of $743 million, up 35% year over year 1,075 customers with $100,000 or greater in ARR, up 34% year over year(1) Confluent, Inc. (NASDAQ:CFLT), the data streaming pioneer, today announced financial results for its first quarter of 2023, ended March 31, 2023. "Confluent started fiscal year 2023 with a strong first quarter, beating all guided metrics and highlighted by 89% year-over-year growth in Confluent Cloud revenue," said Jay Kreps co-founder and CEO, Confluent. "Achieving this high growth as companies s

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  • Confluent Announces First Quarter 2022 Financial Results

    Total revenue of $126 million, up 64% year over year Confluent Cloud revenue of $39 million, up 180% year over year Remaining performance obligations of $551 million, up 96% year over year 791 customers with $100,000 or greater in ARR, up 41% year over year Confluent, Inc. (NASDAQ:CFLT), the data streaming platform to set data in motion, today announced financial results for its first quarter of 2022, ended March 31, 2022. "Data streaming is gaining momentum and adoption as a foundational component to delivering real-time customer experiences and optimized operations," said Jay Kreps, co-founder and CEO, Confluent. "With a best-in-class product and differentiated customer go-to-ma

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Confluent Inc. Large Ownership Changes

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