canar.ai
Rankings/CFLT/Q4 2023 Analysis

Confluent, Inc.

CFLT
Q4 2023(CFLT Q3 FY2023)Estimated2% AI
AI Revenue %
2%
AI Fair Value
$108.3M
AI Revenue (Q)
$4.0M
Total Revenue (Q)
$200.2M
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.gov

Analysis

Filing is truncated (8K chars) with no income statement. Revenue from comparative data in Q3 FY2024 10-Q: $200.2M total ($189.3M subscription + $10.9M services). Zero mentions of AI in the filing. Enterprise AI/ML adoption continued growing through H2 2023, but Confluent provided no AI-specific product or revenue disclosure. Conservative estimate: ~2% of total revenue attributable to AI/ML streaming workloads. Math: ~$4.0M / $200.2M = ~2%.
Analyzed by claude-opus-4-6

Quoted Figures

Revenue: Subscription $189,270 Services $10,911 Total revenue $200,181 (three months ended September 30, 2023)
10-Q Q3 FY2024 comparative data, 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 PlatformKafka Streams

Confidence Tier

EstimatedNo direct AI revenue disclosure — estimated from product mix