Confluent, Inc.
CFLTQ2 2025(CFLT Q1 FY2025)Estimated6% AI
AI Revenue %
6%
AI Fair Value
$388.1M
AI Revenue (Q)
$13.0M
Total Revenue (Q)
$217.2M
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Total revenue: $271.1M ($260.9M subscription + $10.2M services). Company operates as one reportable segment with CODM using consolidated net loss. Zero mentions of AI in the filing text. Subscription revenue grew 26% YoY. The segment note confirms: 'The Company operates its business as one operating and reportable segment.' By Q1 2025, enterprise AI agent architectures and real-time AI applications were major drivers of data infrastructure spend. Confluent's positioning as the 'central nervous system' for real-time data makes it foundational for AI inference serving, feature stores, and event-driven AI agents. Incrementally higher estimate of 6% reflecting growing AI adoption. Math: ~$16.3M / $271.1M = ~6%.
Analyzed by claude-opus-4-6
Quoted Figures
Revenue: Subscription $260,910 Services $10,210 Total revenue $271,120 (three months ended March 31, 2025)
10-Q Q1 FY2025, Condensed Consolidated Statements of Operations
The Company operates its business as one operating and reportable segment as the Company s chief operating decision maker (CODM), the Company s Chief Executive Officer, reviews financial information on a consolidated basis
10-Q Q1 FY2025, Segment Information note
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
Confluent CloudConfluent PlatformApache Flink on Confluent CloudWarpStreamTableflow
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix