Confluent, Inc.CFLT

Market cap

$10.4B

P/E ratio

	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Cash and cash equivalents	1,376	436	350	386
Marketable securities	640	1,491	1,551	1,525
Accounts receivable, net	137	178	230	314
Deferred contract acquisition costs	28	36	44	47
Prepaid expenses and other current assets	45	57	77	79
Total current assets	2,226	2,198	2,252	2,351
Property and equipment, net	14	29	54	79
Operating lease right-of-use assets	37	29	10	9
Goodwill	-	-	-	164
Intangible assets, net	-	-	-	8
Capitalized Contract Cost, Net, Noncurrent	51	68	76	71
Other Assets, Noncurrent	14	20	14	12
Total assets	2,343	2,345	2,461	2,695
Accounts payable	8	21	7	8
Accrued expenses and other liabilities	99	103	142	194
Operating lease liabilities	9	7	8	9
Deferred revenue	221	290	331	379
Total current liabilities	348	424	487	589
Operating Lease, Liability, Noncurrent	32	25	17	9
Deferred revenue, non-current	26	33	22	30
Convertible Debt, Noncurrent	1,081	1,085	1,088	1,092
Other Liabilities, Noncurrent	6	9	35	13
Total liabilities	1,492	1,575	1,650	1,734
Common Class A	0	0	0	0
Common Class B	0	0	0	0
Additional paid-in capital	1,600	1,980	2,453	2,953
Accumulated other comprehensive (loss) income	-1	-9	1	-3
Accumulated deficit	-749	-1,201	-1,644	-1,989
Total stockholders' equity	850	769	810	961
Total liabilities and stockholders' equity	2,343	2,345	2,461	2,695