Confluent CFLT
Infrastructure Software Data & Analytics DevOps/Dev Tools Enterprise Software B2B SaaS

Confluent trades at 7.5x EV/NTM revenue on a $10.13B enterprise value. Revenue grew 20.5% year over year to $314.8M in the quarter ending December 2025, an annual run rate of $1.26B. Confluent reports net dollar retention of 114%, a 74.7% gross margin, and 43.4-month CAC payback.

ARR ($M)
1206
Net Dollar Retention
114%
ARR Growth
20.4%
EV / NTM Revenue
7.5x
Payback Period
43.4
EV / Run Rate
8.0x
Price & Key Metrics
Price Performance
Company Details
Share Price: 30.99
Last Filing Date: 2025-12-31
Fiscal Year End: 12-31
Last Filing: Form
Founding Year: 2014
IPO Year: 2021
% of 52 wk High: 100%
Description
Confluent is building the foundational platform for data in motion so any organization can innovate and win in a digital-first world.
Reporting Notes
Publishes full-time employee count in Prospectus Summary under Our Employees and Human Capital Resources. NDR and customer count are both published in 10-Qs under Key Business Metrics and Overview respectively. ARR derived from Subscription Revenue * 4 (SR published in 10-Q).
Categories
Infrastructure Software Data & Analytics DevOps/Dev Tools Enterprise Software B2B SaaS
Valuation
Market Cap: 11,083.403
Enterprise Value: 10,125.419
EV / Revenue Run Rate: 8.0x
EV / NTM Revenue: 7.5x
EV / 2026 Revenue Estimates: 7.5x
EV / 2027 Revenue Estimates: 6.5x
EV / 2028 Revenue Estimates: 5.7x
Key Business Metrics
Net Dollar Retention: 114%
Customers: 6690
ARR: 1,206
ARR Growth %: 20%
ARR/Customer ($K): 180
ARR/Employee ($K): 818
Revenue
Revenue Run Rate: 1,259
ARR: 1,206
2026 Revenue Estimates: 1,350
2027 Revenue Estimates: 1,553
2028 Revenue Estimates: 1,790
LTM Revenue: 1,166
Last Year Run Rate: 1,044
Growth
Revenue Growth: 21%
ARR Growth: 20%
Growth Persistence: 91%
2026 Revenue Growth Estimates: 17%
2027 Revenue Growth Estimates: 15%
2028 Revenue Growth Estimates: 15%
Financials
Quarterly
Calendar Year
Frequently Asked Questions

How fast is Confluent growing?

Confluent grew revenue 20.5% year over year, reaching $314.8M in the quarter ending December 2025.

What multiple does Confluent trade at?

Confluent trades at 7.5x EV/NTM revenue and 8.0x EV/run-rate, on an enterprise value of $10.13B.

Is Confluent profitable?

For Confluent, operating income was -$99.2M last quarter and LTM free cash flow margin is 3.3%.

What is Confluent's net dollar retention?

Confluent reports net dollar retention of 114%, measuring revenue expansion within its existing customer base.

How long does it take Confluent to pay back CAC?

Confluent recovers customer acquisition cost in about 43.4 months.

What sector is Confluent in?

Public Comps classifies Confluent under Infrastructure Software, Data & Analytics, DevOps/Dev Tools, Enterprise Software, and B2B SaaS.

Where does Public Comps get Confluent's data?

Figures come from Confluent's own SEC filings, normalised into a consistent quarterly format and refreshed after each earnings release.