๐น Revenue: $270.8M (Est. $278.29M) ๐ด; +20% YoY
๐น Adj. EPS: $0.09 (Est. $0.08) ๐ก; +50% YoY
FY25 Guidance (Lowered):
๐น Revenue: $1.10Bโ$1.11B (Est. $1.15B) ๐ด
๐น Adj. EPS: ~$0.36
๐น Adj. Op Margin: ~6%
Q3 Guidance:
๐น Revenue: $281Mโ$282M (Est. $292.5M) ๐ด
๐น Adj. EPS: $0.09โ$0.10 (Est. $0.09) ๐ก
๐น Adj. Op Margin: ~7%
Q2 Key Metrics:
๐น Subscription Revenue: $271M; +21% YoY
๐น Confluent Cloud Revenue: $151M; +28% YoY
๐น Customers with $100K+ ARR: 1,439; +10% YoY
๐น Adj. OI: $17.8M (vs. $1.3M YoY)
๐น Adj. Operating Margin: 6.3% (vs. 0.6% YoY); +570 bps
๐น Free Cash Flow: $11.0M (vs. $2.7M YoY)
CEO Commentary:
๐ธ โSolid quarter, led by 28% YoY growth in Confluent Cloud.โ โ CEO Jay Kreps
๐ธ โFlink ARR grew ~3x in two quarters; strong momentum in real-time AI use cases.โ