Confluent, Inc.
CFLTQ4 2025(CFLT Q3 FY2025)Estimated7% AI
AI Revenue %
7%
AI Fair Value
$464.2M
AI Revenue (Q)
$49.2M
Total Revenue (Q)
$702.4M
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Total revenue: $298.5M ($286.3M subscription + $12.2M services). Company operates as one reportable segment. Zero mentions of AI in the filing text. Subscription revenue grew 19% YoY. Deferred revenue grew to $475.3M (current + non-current). By Q3 2025, AI agent frameworks, RAG architectures, and real-time AI applications were mainstream enterprise deployments, all requiring real-time data streaming infrastructure. Confluent's Kafka-based platform and Flink stream processing are core infrastructure for these workloads. Slightly increased estimate to 7% reflecting continued acceleration of AI-driven data streaming adoption. Math: ~$20.9M / $298.5M = ~7%.
Analyzed by claude-opus-4-6
Quoted Figures
Revenue: Subscription $286,337 Services $12,187 Total revenue $298,524 (three months ended September 30, 2025)
10-Q Q3 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 Q3 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