canar.ai
Rankings/CFLT/Q1 2025 Analysis

Confluent, Inc.

CFLT
Q1 2025(CFLT Q4 FY2024)Estimated5% AI
AI Revenue %
5%
AI Fair Value
$308.6M
AI Revenue (Q)
$13.1M
Total Revenue (Q)
$261.2M
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.gov

Analysis

10-K FY2024 is the first filing to mention AI (2 mentions in Item 1 Business): 'win in a digital-first and AI-powered world' and 'the emergence of generative artificial intelligence (AI) and event-driven autonomous agents will elevate the importance of real-time, contextual data.' This is purely narrative -- no AI revenue, AI product, or AI segment is disclosed. Company confirms single operating segment. The 10-K mentions Apache Flink, Apache Iceberg integration, and the consumption model for Confluent Cloud. Revenue not in extracted filing text; estimated from 9-month data. FY2024 9M revenue was $702.4M, implying Q4 ~$255-270M (based on growth trajectory). Conservative 5% estimate for AI-driven streaming workloads. Math: ~$13M / ~$260M = ~5%.
Analyzed by claude-opus-4-6

Quoted Figures

enabling modern companies to serve their customers, improve their offerings, outpace their competition, and win in a digital-first and AI-powered world
10-K FY2024, Item 1 Business Overview
the emergence of generative artificial intelligence (AI) and event-driven autonomous agents will elevate the importance of real-time, contextual data that can power these systems ability to make decisions and drive business outcomes
10-K FY2024, Item 1 Business Overview
The Company operates its business as one operating and reportable segment
10-K FY2024, Segment Reporting 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