Confluent Beat Expectations

Confluent (CFLT) reported earnings of $0.11 per share on revenue of $271.12 million for the first quarter ended March 2025. The consensus earnings estimate was $0.07 per share on revenue of $264.98 million. The Earnings Whisper number was $0.08 per share. The company beat expectations by 37.50% while revenue grew 24.80% on a year-over-year basis.

The company said it expects second quarter non-GAAP earnings of $0.08 to $0.09 per share on revenue of $267.0 million to $268.0 million. The current consensus earnings estimate is $0.08 per share on revenue of $278.20 million for the quarter ending June 30, 2025. The company said it expects 2025 non-GAAP earnings of approximately $0.36 per share on revenue of $1.10 billion to $1.11 billion. The company's previous guidance was earnings of approximately $0.35 per share on revenue of $1.117 billion to $1.121 billion and the current consensus earnings estimate is $0.35 per share on revenue of $1.16 billion for the year ending December 31, 2025.

Confluent is pioneering a fundamentally new category of data infrastructure focused on data in motion.