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