June 8, 2025
Operating Assets

Strong Subscription Growth and Strategic …

Subscription Revenue: Grew 24% to $250.6 million in Q4, representing 96% of total revenue. Confluent Cloud Revenue: Increased 38% to $137.9 million, accounting for 55% of subscription revenue. Confluent Platform Revenue: Grew 10% to $112.7 million, making up 45% of subscription revenue. Non-GAAP Operating Margin: Improved to 5.2% in Q4, exceeding guidance. Free Cash Flow

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