Last 7 days
-3.7%
Last 30 days
-14.0%
Last 90 days
-0.8%
Trailing 12 Months
-47.5%
Income Statement (Last 12 Months) | ||||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Revenue | 9.1% | 585,944,000 | 537,206,000 | 488,044,000 | 436,975,000 | 387,864,000 |
Gross Profit | 11.9% | 383,529,000 | 342,594,000 | 309,313,000 | 277,744,000 | 250,572,000 |
Operating Expenses | 5.3% | 846,203,000 | 803,963,000 | 746,533,000 | 683,702,000 | 590,192,000 |
S&GA Expenses | 5.1% | 456,452,000 | 434,393,000 | 407,072,000 | 367,524,000 | 319,331,000 |
R&D Expenses | 6.1% | 264,041,000 | 248,918,000 | 226,520,000 | 195,273,000 | 161,925,000 |
EBITDA | 2.6% | -438,658,000 | -450,367,000 | -432,250,000 | -403,207,000 | -335,995,000 |
EBITDA Margin | 10.7% | -0.75 | -0.84 | -0.89 | -0.92 | -0.87 |
Earnings Before Taxes | 2.3% | -446,258,000 | -456,609,000 | -437,410,000 | -407,289,000 | -339,627,000 |
EBT Margin | 10.4% | -0.76 | -0.85 | -0.90 | -0.93 | -0.88 |
Net Income | 1.9% | -452,551,000 | -461,106,000 | -440,723,000 | -411,262,000 | -342,801,000 |
Net Income Margin | 10.0% | -0.77 | -0.86 | -0.90 | -0.94 | -0.88 |
Free Cahsflow | -1.8% | -161,454,000 | -158,610,000 | -134,406,000 | -143,946,000 | -108,660,000 |
Balance Sheet | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Assets | 1.3% | 2,345 | 2,314 | 2,325 | 2,318 | 2,343 |
Current Assets | 1.1% | 2,198 | 2,175 | 2,192 | 2,195 | 2,226 |
Cash Equivalents | -13.4% | 436 | 503 | 530 | 1,048 | 1,376 |
Net PPE | 13.4% | 29.00 | 26.00 | 22.00 | 18.00 | 14.00 |
Liabilities | 3.0% | 1,575 | 1,530 | 1,528 | 1,481 | 1,492 |
Current Liabilities | 12.1% | 424 | 379 | 376 | 331 | 348 |
Long Term Debt | 0.1% | 1,084 | 1,083 | 1,082 | 1,081 | - |
Shareholder's Equity | -1.8% | 769 | 784 | 797 | 836 | 850 |
Retained Earnings | -9.7% | -1,201 | -1,095 | -979 | -861 | -748 |
Additional Paid-In Capital | 4.6% | 1,980 | 1,892 | 1,786 | 1,703 | 1,600 |
Accumulated Depreciation | 25.8% | 10.00 | 8.00 | 6.00 | 5.00 | - |
Shares Outstanding | 1.4% | 282 | 278 | 273 | - | - |
Cashflow (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Cashflow From Operations | -2.1% | -157 | -154 | -130 | -140 | -105 |
Share Based Compensation | 6.9% | 278 | 260 | 234 | 200 | 156 |
Cashflow From Investing | 14.5% | -865 | -1,012 | -1,267 | -726 | -400 |
Cashflow From Financing | -92.4% | 82.00 | 1,087 | 1,067 | 1,870 | 1,845 |
75%
73.9%
63.0%
Y-axis is the maximum loss one would have experienced if Confluent was unfortunately bought at previous high price.
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-03-23 | MetLife Investment Management, LLC | reduced | -2.56 | -16,170 | 166,978 | -% |
2023-03-23 | ETF MANAGERS GROUP, LLC | added | 21.4 | 50,384 | 424,384 | 0.02% |
2023-03-17 | American Portfolios Advisors | new | - | 4,754 | 4,754 | -% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | added | 122 | 389,086 | 747,086 | -% |
2023-03-06 | Rockefeller Capital Management L.P. | unchanged | - | - | 3,000 | -% |
2023-02-28 | Voya Investment Management LLC | reduced | - | -79,063 | 1,144,940 | -% |
2023-02-27 | Parallax Volatility Advisers, L.P. | added | 0.01 | -123,787 | 1,795,210 | -% |
2023-02-24 | NATIXIS | sold off | -100 | -1,781,000 | - | -% |
2023-02-21 | MACQUARIE GROUP LTD | new | - | 1,570,000 | 1,570,000 | -% |
2023-02-21 | NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | reduced | -58.9 | -7,863 | 5,137 | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 14, 2023 | gilder gagnon howe & co llc | 0.8% | 1,159,936 | SC 13G/A | |
Feb 14, 2023 | kreps edward jay | 9.5% | 27,313,289 | SC 13G/A | |
Feb 14, 2023 | price t rowe associates inc /md/ | 6.9% | 10,538,252 | SC 13G/A | |
Feb 14, 2023 | sc us (ttgp), ltd. | 4.7% | 7,589,341 | SC 13G/A | |
Feb 14, 2023 | benchmark capital partners viii, l.p. | 6.3% | 10,259,605 | SC 13G/A | |
Feb 14, 2023 | altimeter capital management, lp | 8.45% | 12,995,374 | SC 13G/A | |
Feb 14, 2023 | coatue management llc | 0.6% | 964,582 | SC 13G/A | |
Feb 14, 2023 | lone pine capital llc | 0% | 0 | SC 13G/A | |
Feb 13, 2023 | index ventures vii (jersey), l.p. | 8.7% | 14,681,573 | SC 13G/A | |
Feb 09, 2023 | jpmorgan chase & co | 10.0% | 15,439,513 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Mar 23, 2023 | 4 | Insider Trading | |
Mar 23, 2023 | 4 | Insider Trading | |
Mar 08, 2023 | 4 | Insider Trading | |
Mar 03, 2023 | 4 | Insider Trading | |
Mar 02, 2023 | 40-APP/A | 40-APP/A | |
Mar 01, 2023 | 4 | Insider Trading | |
Mar 01, 2023 | 4 | Insider Trading | |
Mar 01, 2023 | 4 | Insider Trading | |
Mar 01, 2023 | 4 | Insider Trading | |
Mar 01, 2023 | 4 | Insider Trading |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-03-21 | Liu Ying Christina | sold | -9,032 | 22.58 | -400 | chief accounting officer |
2023-03-21 | Verbowski Chad | sold | -134,328 | 22.58 | -5,949 | chief technology officer |
2023-03-06 | Kreps Edward Jay | sold | -6,080,080 | 26.1509 | -232,500 | chief executive officer |
2023-03-06 | Kreps Edward Jay | acquired | - | - | 232,500 | chief executive officer |
2023-03-02 | Tomlinson Steffan | sold | -118,830 | 23.2 | -5,122 | chief financial officer |
2023-02-27 | Schultz Erica | acquired | - | - | 343,018 | president, field operations |
2023-02-27 | Tomlinson Steffan | acquired | - | - | 211,599 | chief financial officer |
2023-02-27 | Buscemi Stephanie | acquired | - | - | 80,710 | chief marketing officer |
2023-02-27 | Verbowski Chad | acquired | - | - | 141,242 | svp of engineering |
2023-02-27 | Liu Ying Christina | acquired | - | - | 100,887 | chief accounting officer |
Consolidated Statements of Operations - USD ($) $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Revenue: | |||
Total revenue | $ 585,944 | $ 387,864 | $ 236,577 |
Cost of revenue: | |||
Total cost of revenue | 202,415 | 137,292 | 75,476 |
Gross profit | 383,529 | 250,572 | 161,101 |
Operating expenses: | |||
Research and development | 264,041 | 161,925 | 105,399 |
Sales and marketing | 456,452 | 319,331 | 166,361 |
General and administrative | 125,710 | 108,936 | 122,516 |
Total operating expenses | 846,203 | 590,192 | 394,276 |
Operating loss | (462,674) | (339,620) | (233,175) |
Other income (expense), net | 16,416 | (7) | 3,140 |
Loss before income taxes | (446,258) | (339,627) | (230,035) |
Provision for (benefit from) income taxes | 6,293 | 3,174 | (207) |
Net loss | $ (452,551) | $ (342,801) | $ (229,828) |
Net loss per share, basic | $ (1.62) | $ (1.82) | $ (2.21) |
Net loss per share, diluted | $ (1.62) | $ (1.82) | $ (2.21) |
Weighted-average shares used to compute net loss per share, basic | 280,080,357 | 188,627,720 | 104,218,082 |
Weighted-average shares used to compute net loss per share, diluted | 280,080,357 | 188,627,720 | 104,218,082 |
Subscription [Member] | |||
Revenue: | |||
Total revenue | $ 535,009 | $ 347,099 | $ 208,633 |
Cost of revenue: | |||
Total cost of revenue | 146,324 | 94,860 | 49,283 |
Services [Member] | |||
Revenue: | |||
Total revenue | 50,935 | 40,765 | 27,944 |
Cost of revenue: | |||
Total cost of revenue | $ 56,091 | $ 42,432 | $ 26,193 |
Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2022 | Dec. 31, 2021 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 435,781 | $ 1,375,932 |
Marketable securities | 1,491,044 | 640,085 |
Accounts receivable, net | 178,188 | 137,491 |
Deferred contract acquisition costs | 35,883 | 27,646 |
Prepaid expenses and other current assets | 57,229 | 44,919 |
Total current assets | 2,198,125 | 2,226,073 |
Property and equipment, net | 29,089 | 14,428 |
Operating lease right-of-use assets | 29,478 | 37,281 |
Deferred contract acquisition costs, non-current | 68,401 | 51,178 |
Other assets, non-current | 19,756 | 13,769 |
Total assets | 2,344,849 | 2,342,729 |
Current liabilities: | ||
Accounts payable | 21,439 | 7,591 |
Accrued expenses and other liabilities | 102,755 | 98,974 |
Operating lease liabilities | 7,375 | 9,236 |
Deferred revenue | 290,185 | 220,920 |
Liability for early exercise of unvested stock options | 2,576 | 11,467 |
Total current liabilities | 424,330 | 348,188 |
Operating lease liabilities, non-current | 25,136 | 31,645 |
Deferred revenue, non-current | 32,644 | 25,557 |
Convertible senior notes, net | 1,084,500 | 1,080,701 |
Other liabilities, non-current | 8,762 | 6,357 |
Total liabilities | 1,575,372 | 1,492,448 |
Commitments and contingencies (Note 8) | ||
Stockholders' equity (deficit): | ||
Preferred stock, par value of $0.00001per share 1,000,000,000 shares authorized as of December 31, 2022 and December 31,2021; 0 shares issued and outstanding as of December 31, 2022 and December 31, 2021 | 0 | 0 |
Additional paid-in capital | 1,980,335 | 1,599,962 |
Accumulated other comprehensive loss | (9,456) | (830) |
Accumulated deficit | (1,201,405) | (748,854) |
Total stockholder's equity | 769,477 | 850,281 |
Total liabilities and stockholder's equity | 2,344,849 | 2,342,729 |
Class A Common Stock [Member] | ||
Stockholders' equity (deficit): | ||
Common Stock, Value | 2 | 1 |
Class B Common Stock [Member] | ||
Stockholders' equity (deficit): | ||
Common Stock, Value | $ 1 | $ 2 |