NASDAQ$CFLT

Confluent Inc. · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Announced fourth quarter and fiscal year 2021 financial results.

Confluent's Q4 2021 revenue reached $120 million, a 71% increase year-over-year, with Confluent Cloud revenue growing by 211% to $34 million. The company's customer base with $100,000 or greater in ARR increased by 43% to 734.

  • Fourth quarter revenue of $120 million, up 71% year over year.
  • Fourth quarter Confluent Cloud revenue of $34 million, up 211% year over year.
  • Remaining performance obligations of $501 million, up 91% year over year.
  • 734 customers with $100,000 or greater in ARR, up 43% year over year.

Headline financials

Total Revenue

$120M

Previous: $70.3M+70.5%
EPS (adj)

-$0.19

Previous: -$2.21+91.4%
Customers with $100K+ ARR

734

Previous: 513+43.1%
Capital Expenditures

$1.36M

Previous: $347K+293.1%
Free Cash Flow

-$26.7M

Previous: -$20.7M-28.8%
Net Income

-$114M

Previous: -$31.8M-260.4%
Operating Income

-$114M

Previous: -$32.3M-251.9%
Gross Profit

$73.8M

Previous: $49.4M+49.3%
Cash & Equivalents

$1.38B

Previous: $36.8M+3640.1%
Total Assets

$2.34B

Previous: $526M+345.3%
Stock-Based Comp

$58.1M

Previous: $9.74M+496.0%

Revenue & EPS history

Confluent · Revenue · Quarterly

$120M

Q4 2021+70.5%vs Q4 2020
Beat estimate in 10 of 11 quarters(91%)
ActualEstimate

Revenue by segment

Confluent · $120M total across 2 segments · Q4 2021

  • Subscription Revenue
    $108M
  • Services Revenue
    $11.7M

Forward guidance

For the first quarter and fiscal year 2022, Confluent expects: Q1 2022 Outlook FY 2022 Outlook Total Revenue $117-$119 million $538-$546 million Non-GAAP Operating Margin ~(50%) (39%)-(40%) Non-GAAP Net Loss Per Share $(0.23)-$(0.21) $(0.82)-$(0.74)

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 17 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

-0.2%

Avg return

Earnings day

-1.1%

Avg return

5 days after

+1.4%

Avg return

30 days after

60%

12 / 20 earnings

Positive

+38.7%

Q4 2023

Best reaction

-43.7%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026
Q4 2025+0.1%+0.6%+0.6%
Q3 2025+7.8%+6.2%-1.0%
Q2 2025-32.8%-35.0%-24.8%
Q1 2025-18.4%-17.1%-3.3%
Q4 2024+25.1%+15.8%-12.4%
Q3 2024+13.6%+15.6%+33.9%
Q2 2024-15.1%-23.1%-12.6%
Q1 2024+9.6%+2.8%-9.4%
Q4 2023+38.7%+34.2%+38.7%
Q3 2023-43.7%-39.0%-21.0%
Q2 2023+8.6%+3.9%+0.2%
Q1 2023+13.2%+10.6%+68.6%
Q4 2022-1.7%+0.8%+5.7%
Q3 2022-12.2%-19.8%-12.1%
Q2 2022+20.5%+25.0%-7.9%
Q1 2022-29.1%-41.0%-35.2%
Q4 2021-23.7%-23.2%-58.5%
Q3 2021+22.3%+17.5%-5.1%
Q4 2020+6.9%+21.6%+42.2%
Q2 2021+6.9%+21.6%+42.2%
Q1 2021
Q3 2020
Q2 2020
Q1 2020

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