Confluent, Inc. (CFLT) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 |
|---|
| Cash from Operations | 42.11M | 30.8M | 18.11M | -26.75M | 35.21M | 15.61M | 8.59M | -25.95M | 12.23M | -9.06M | -29.06M | -77.77M | -26.29M | -41.75M | -34.26M | -55.03M | -23.88M | -18.03M | -43.17M | -19.99M |
| Operating CF Margin % | 13.38% | 10.32% | 6.42% | -9.87% | 13.48% | 6.24% | 3.66% | -11.95% | 5.74% | -4.53% | -15.35% | -44.62% | -15.59% | -27.52% | -24.57% | -43.63% | -19.91% | -17.58% | -48.86% | -25.95% |
| Operating CF Growth % | 19.6% | 97.28% | 110.88% | -3.08% | 187.79% | 272.33% | 129.56% | 66.63% | 146.54% | 78.3% | 15.17% | -41.32% | -10.12% | -131.58% | 20.64% | -175.31% | -17.07% | - | - | 35.58% |
| Net Income | -79.25M | -66.5M | -81.95M | -67.57M | -88.05M | -74.14M | -89.9M | -92.97M | -94.1M | -92.67M | -103.42M | -152.56M | -105.88M | -116.05M | -117.63M | -112.99M | -114.44M | -95.67M | -88.17M | -44.53M |
| Depreciation & Amortization | 7.79M | 7.82M | 7.34M | 6.61M | 6.23M | 5.7M | 5.84M | 4.31M | 3.92M | 3.61M | 3.26M | 3.12M | 4.48M | 2.08M | 4.01M | 1.25M | 3.62M | 897K | 756K | 787K |
| Stock-Based Compensation | 101.63M | 101.13M | 102M | 92.58M | 102.92M | 98.31M | 99.11M | 95.32M | 88.87M | 89.51M | 92.16M | 79.29M | 0 | 75.39M | 0 | 57.37M | 0 | 49.68M | 34.52M | 13.35M |
| Deferred Taxes | -1.85M | 310K | 177K | -17.34M | 46K | -111K | -273K | 615K | 1.86M | 15K | 5K | 5K | -283K | 20K | 30K | -4K | -394K | -1K | 2.3M | -567K |
| Other Non-Cash Items | 13.8M | 15.19M | 11.52M | 9.56M | 9.82M | 7.04M | 5.75M | 5.05M | 2.02M | 4.78M | 2.96M | 19.44M | 82.54M | 9.97M | 77.84M | 12.59M | 67.56M | 11.26M | 22.75M | 9.34M |
| Working Capital Changes | 0 | -27.14M | -20.98M | -50.58M | 4.24M | -21.18M | -11.93M | -38.29M | 9.65M | -14.31M | -24.02M | -27.08M | -7.14M | -13.16M | 1.5M | -13.25M | 19.78M | 15.8M | -15.32M | 1.63M |
| Change in Receivables | -35.1M | 291K | -60.32M | 15.41M | -36.33M | -21.58M | -58.02M | 29.36M | -47.45M | 5.15M | -19.36M | 8.07M | -35.66M | 6.05M | -25.24M | 12.78M | -21.64M | 979K | -17.59M | 5.73M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 837K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 8.89M | 491K | 5.36M | -1.27M | -8.16M | 1.23M | 11.99M | -4.93M | 4.76M | -488K | -7.39M | -11.32M | 7.13M | -1M | 7.28M | 177K | 4.41M | 1.37M | -468K | 839K |
| Cash from Investing | -17.76M | -46.75M | -8.49M | -112M | 10.25M | -21.93M | -46.53M | -16.77M | 8.09M | -11.52M | -28.94M | -52.48M | -49.55M | -12.72M | -491.81M | -311.73M | -196.25M | -267.86M | 49.68M | 13.85M |
| Capital Expenditures | -442K | -807K | -919K | -1.43M | -669K | -607K | -1.1M | -186K | -1.12M | -4.02M | -809K | -546K | -3.79M | -1.04M | -3.44M | -887K | -2.84M | -563K | -1.03M | -643K |
| CapEx % of Revenue | 0.14% | 0.27% | 0.33% | 0.53% | 0.26% | 0.24% | 0.47% | 0.09% | 0.52% | 2.01% | 0.43% | 0.31% | 2.25% | 0.69% | 2.47% | 0.7% | 2.37% | 0.55% | 1.17% | 0.83% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | -115.52M | 0 | 0 | -10M | 3.66M | 0 | -45.8M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -6.15M | -5.41M | -6.19M | -4.81M | -5.42M | -5.67M | -4.78M | -5.54M | -4.3M | -3.66M | -5.33M | -4.56M | 0 | -2.79M | 0 | -2.51M | 0 | -2.05M | -1.22M | -587K |
| Cash from Financing | 24.55M | 19.77M | 6.06M | 30.8M | 19.5M | 17.2M | 13.1M | 30M | 10.97M | 26.18M | 27.49M | 37.73M | 7.46M | 28.19M | 8.12M | 38.47M | 1.01B | 8.24M | 809.47M | 13.46M |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -786K | 0 | 0 | 0 | 1.08B | 0 | 0 | 0 |
| Equity Issued (Net) | 0 | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | -255K | 0 | 0 | 1000K | 0 | 1000K | 0 | 1000K | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -32K | 0 | 0 | -80K | 0 | -695K | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 24.55M | 0 | 0 | 30.8M | 19.5M | 17.2M | 13.1M | 30M | 10.97M | 26.43M | 27.49M | 37.73M | 0 | 28.19M | 786K | 38.47M | -90.97M | 8.24M | 809.47M | 13.46M |
| Net Change in Cash | 48.67M | 2.95M | 17.03M | -107.42M | 63.37M | 11.28M | -25.05M | -13.39M | 32.72M | 4.4M | -30.82M | -92.32M | -67.63M | -26.26M | -517.92M | -328.34M | 793.24M | -277.65M | 815.98M | 7.31M |
| Free Cash Flow | 41.67M | 24.59M | 17.2M | -32.99M | 29.12M | 9.34M | 2.71M | -31.68M | 6.82M | -13.08M | -35.2M | -82.87M | -30.08M | -45.58M | -37.7M | -58.43M | -26.72M | -20.64M | -45.41M | -21.23M |
| FCF Margin % | 13.24% | 8.24% | 6.09% | -12.17% | 11.15% | 3.73% | 1.15% | -14.58% | 3.2% | -6.54% | -18.6% | -47.55% | -17.83% | -30.04% | -27.04% | -46.32% | -22.28% | -20.13% | -51.41% | -27.56% |
| FCF Growth % | 43.09% | 163.31% | 534.77% | -4.14% | 327.01% | 171.37% | 107.7% | 61.77% | 122.67% | 71.3% | 6.63% | -41.84% | -12.58% | -120.81% | 16.98% | -175.24% | -24.94% | - | - | 34.42% |
| FCF per Share | 0.12 | 0.07 | 0.05 | -0.10 | 0.09 | 0.03 | 0.01 | -0.10 | 0.02 | -0.04 | -0.12 | -0.28 | -0.10 | -0.16 | -0.14 | -0.21 | -0.10 | -0.08 | -0.18 | -0.08 |
| FCF Conversion (FCF/Net Income) | -0.53x | -0.46x | -0.22x | 0.40x | -0.40x | -0.21x | -0.10x | 0.28x | -0.13x | 0.10x | 0.28x | 0.51x | 0.25x | 0.36x | 0.29x | 0.49x | 0.21x | 0.19x | 0.49x | 0.45x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 2.33M | 2.47M | 4.09M | 3.33M | 1.81M | 0 | 2.38M | 2.1M | 1.88M | 0 | 1.5M | 0 | 712K | 0 | 787K | 430K | 524K |