Confluent, Inc.
CFLTQ3 2024(CFLT Q2 FY2024)Estimated4% AI
AI Revenue %
4%
AI Fair Value
$210.5M
AI Revenue (Q)
$9.4M
Total Revenue (Q)
$235.0M
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Total revenue: $235.0M ($224.7M subscription + $10.3M services). Company operates as one reportable segment. Zero mentions of AI in the filing text. Subscription revenue grew 27% YoY. Confluent Cloud's consumption model means AI/ML data pipelines drive incremental usage, but Confluent provides no breakdown of workload types. The shift to consumption-oriented sales for Confluent Cloud benefits from increased data streaming for AI applications. Conservative estimate of 4% reflecting AI-driven data streaming demand. Math: ~$9.4M / $235.0M = ~4%.
Analyzed by claude-opus-4-6
Quoted Figures
Revenue: Subscription $224,702 Services $10,284 Total revenue $234,986 (three months ended June 30, 2024)
10-Q Q2 FY2024, Condensed Consolidated Statements of Operations
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 Cloud
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix