Confluent Inc.

Confluent, Inc. offers a data streaming platform used both in the United States and internationally. The company provides tools that enable customers to integrate their applications, systems, and data infrastructure. Its offerings include Confluent Cloud, a fully managed, cloud-native software-as-a-service (SaaS) solution, and Confluent Platform, a self-managed, enterprise-grade software product.

• CEO Statement- Confluent delivered a strong quarter, driven by a 28% year-over-year increase in Confluent Cloud revenue," said Jay Kreps, co-founder and CEO of Confluent. "Our data streaming platform (DSP) monetization continues to gain momentum, with Flink’s annual recurring revenue (ARR) growing nearly threefold over the last two quarters. This progress further validates our comprehensive data streaming platform strategy and solidifies our position in a future increasingly shaped by real-time, agentic AI.

• Our second-quarter performance was marked by robust top-line growth and continued margin improvement,” said Rohan Sivaram, CFO of Confluent. "The results highlight the strength and adaptability of our data streaming platform, which enables customers to fully leverage the value of real-time data, whether in cloud, on-premises, or bring-your-own-cloud (BYOC) environments

1. In the reported period, Confluent, Inc. generated subscription revenue of $270.8 million, representing a 21% increase compared to $224.7 million in the same period of the prior year.

1. Total revenue also rose to $282.3 million, up 20% from $235.0 million year-over-year, reflecting continued growth and customer adoption across its platform offerings.

1. The company reported a GAAP operating loss of $96.4 million, an improvement of $11.9 million from the GAAP operating loss of $108.3 million in the comparable prior-year period. 

1. GAAP operating margin improved by 11.9 percentage points, narrowing from (46.1%) to (34.2%). Similarly, non-GAAP operating margin increased to 6.3%, up from 0.6% in the same quarter last year, reflecting greater operational efficiency and improved cost management.

1. Additionally, GAAP net loss per share was $(0.24), compared to $(0.28) in the prior-year period, showing a $0.04 year-over-year improvement.

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