Confluent Inc
NASDAQ:CFLT

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Confluent Inc
NASDAQ:CFLT
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Price: 29.94 USD -0.23%
Market Cap: 9.8B USD
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Confluent Inc
Revenue

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Confluent Inc
Revenue Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Revenue CAGR 3Y CAGR 5Y CAGR 10Y
Confluent Inc
NASDAQ:CFLT
Revenue
$777m
CAGR 3-Years
49%
CAGR 5-Years
64%
CAGR 10-Years
N/A
Salesforce Inc
NYSE:CRM
Revenue
$37.2B
CAGR 3-Years
14%
CAGR 5-Years
19%
CAGR 10-Years
22%
Palantir Technologies Inc
NYSE:PLTR
Revenue
$2.2B
CAGR 3-Years
27%
CAGR 5-Years
30%
CAGR 10-Years
N/A
Applovin Corp
NASDAQ:APP
Revenue
$3.3B
CAGR 3-Years
31%
CAGR 5-Years
47%
CAGR 10-Years
N/A
Intuit Inc
NASDAQ:INTU
Revenue
$16.6B
CAGR 3-Years
17%
CAGR 5-Years
19%
CAGR 10-Years
15%
Adobe Inc
NASDAQ:ADBE
Revenue
$21.5B
CAGR 3-Years
11%
CAGR 5-Years
14%
CAGR 10-Years
18%
No Stocks Found

Confluent Inc
Glance View

Market Cap
9.8B USD
Industry
Technology
Economic Moat
None

In the midst of Silicon Valley's technical labyrinth, Confluent Inc. emerges as a torchbearer for enterprises navigating the vast ocean of data in real-time. Founded by Jay Kreps, Neha Narkhede, and Jun Rao—three ex-LinkedIn engineers—Confluent was born out of the need to harness data streams efficiently. The company centers around its flagship offering, the Confluent Platform, a robust framework built on Apache Kafka. The platform enables businesses to process streaming data by seamlessly integrating it with their existing systems, thereby providing a unified experience for managing and harnessing the torrents of information flowing through a modern organization. This real-time data processing capability becomes crucial for companies in sectors as diverse as finance, retail, and technology, allowing them to glean insights and make decisions at a moment’s notice. Monetizing this technological edge, Confluent adopts a multifaceted revenue model. It provides both a subscription-based service known as Confluent Cloud and software licenses for on-premises deployment. Confluent Cloud offers scalable, managed services that remove the operational burden from companies, appealing to modern businesses looking to outsource data infrastructure complexities. Meanwhile, for enterprises preferring tighter control, the software licenses provide the flexibility to deploy within their own data centers. This dual approach caters to the varied needs of organizations, ensuring recurring revenue through subscriptions and long-term commitments through licensing agreements. As businesses continue to grapple with the need for agility in handling data, Confluent stands to capitalize on this ongoing demand, solidifying its place as a pivotal player in the realm of streaming data architecture.

CFLT Intrinsic Value
15.49 USD
Overvaluation 48%
Intrinsic Value
Price

See Also

What is Confluent Inc's Revenue?
Revenue
777m USD

Based on the financial report for Dec 31, 2023, Confluent Inc's Revenue amounts to 777m USD.

What is Confluent Inc's Revenue growth rate?
Revenue CAGR 5Y
64%

Over the last year, the Revenue growth was 33%. The average annual Revenue growth rates for Confluent Inc have been 49% over the past three years , 64% over the past five years .

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