← Back to All US Stocks

Confluent, Inc. (CFLT) Stock Fundamental Analysis & AI Rating 2026

CFLT Nasdaq Services-Prepackaged Software DE CIK: 0001699838
Updated This Month • Analysis: Mar 22, 2026 • SEC Data: 2025-12-31
Combined AI Rating
HOLD
68% Confidence
STRONG AGREEMENT
HOLD
62% Conf
HOLD
75% Conf

📊 CFLT Key Takeaways

Revenue: $1.2B
Net Margin: -25.3%
Free Cash Flow: $60.7M
Current Ratio: 3.83x
Debt/Equity: 0.94x
EPS: $-0.86
AI Rating: HOLD with 62% confidence
Confluent, Inc. (CFLT) receives a HOLD rating with 68% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $1.2B, net profit margin of -25.3%, and return on equity (ROE) of -25.3%, Confluent, Inc. demonstrates mixed fundamentals in the Technology sector. Below is our complete CFLT stock analysis for 2026.

Is Confluent, Inc. (CFLT) a Good Investment?

Claude

Confluent demonstrates strong revenue growth (21.1% YoY) and exceptional gross margins (74.3%), indicating solid product-market fit and pricing power. However, the company remains unprofitable with significant operating losses (-32.6% margin) and negative net income, though losses are improving year-over-year. Positive free cash flow generation ($60.7M) and strong liquidity provide a financial cushion, but profitability achievement remains critical for long-term sustainability.

ChatGPT

Confluent shows solid top-line momentum with 21.1% revenue growth, strong 74.3% gross margins, and positive operating and free cash flow, which suggests improving business quality and scalable unit economics. However, the company still posts deeply negative operating and net margins, and its debt load remains meaningful relative to cash and equity. The fundamentals support a constructive but cautious view until profitability improves more materially.

Why Buy Confluent, Inc. Stock? CFLT Key Strengths

Claude
  • + Strong revenue growth of 21.1% YoY demonstrating market demand
  • + Excellent gross margin of 74.3% indicating pricing power and operational leverage
  • + Positive free cash flow of $60.7M despite net losses, showing underlying business health
  • + Solid liquidity position with current ratio of 3.83x and $347.2M in cash
  • + Improving profitability trend with net income loss narrowing (+14.4% YoY improvement)
  • + Reasonable debt-to-equity ratio of 0.94x providing financial flexibility
ChatGPT
  • + Strong 21.1% revenue growth indicates continued demand and market expansion
  • + High 74.3% gross margin supports attractive software economics and future operating leverage
  • + Positive operating cash flow and free cash flow with strong 3.83x liquidity reduce near-term financing pressure

CFLT Stock Risks: Confluent, Inc. Investment Risks

Claude
  • ! Company remains unprofitable with -$295.3M net loss and -32.6% operating margin
  • ! High operating expenses relative to revenue suggesting burn rate concerns
  • ! Negative ROE (-25.3%) and ROA (-9.9%) indicating value destruction
  • ! Significant long-term debt of $1.1B that must be serviced or refinanced
  • ! High insider activity (24 Form 4 filings) may signal insider concerns or volatility
  • ! Unproven path to sustainable profitability despite revenue scale
ChatGPT
  • ! Operating losses remain large at -32.6% margin, showing the business is not yet sustainably profitable
  • ! Net losses and negative returns on equity and assets indicate weak current earnings efficiency
  • ! Long-term debt of $1.10B is significant relative to cash of $347.21M and could limit flexibility

Key Metrics to Watch

Claude
  • * Operating margin trend and timeline to breakeven or profitability
  • * Operating expense ratio and ability to improve operational leverage
  • * Free cash flow sustainability and cash burn rate relative to cash reserves
  • * Customer acquisition cost (CAC) and lifetime value (LTV) efficiency
  • * Gross margin sustainability as product mix and competitive landscape evolve
ChatGPT
  • * Operating margin improvement
  • * Free cash flow margin

Confluent, Inc. (CFLT) Financial Metrics & Key Ratios

Revenue
$1.2B
Net Income
$-295.3M
EPS (Diluted)
$-0.86
Free Cash Flow
$60.7M
Total Assets
$3.0B
Cash Position
$347.2M

💡 AI Analyst Insight

Strong liquidity with a 3.83x current ratio provides a solid financial cushion.

CFLT Profit Margin, ROE & Profitability Analysis

Gross Margin 74.3%
Operating Margin -32.6%
Net Margin -25.3%
ROE -25.3%
ROA -9.9%
FCF Margin 5.2%

CFLT vs Technology Sector: How Confluent, Inc. Compares

How Confluent, Inc. compares to Technology sector averages

Net Margin
CFLT -25.3%
vs
Sector Avg 18.0%
CFLT Sector
ROE
CFLT -25.3%
vs
Sector Avg 22.0%
CFLT Sector
Current Ratio
CFLT 3.8x
vs
Sector Avg 2.5x
CFLT Sector
Debt/Equity
CFLT 0.9x
vs
Sector Avg 0.5x
CFLT Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Confluent, Inc. Stock Overvalued? CFLT Valuation Analysis 2026

Based on fundamental analysis, Confluent, Inc. shows some fundamental concerns relative to the Technology sector in 2026.

Return on Equity
-25.3%
Sector avg: 22%
Net Profit Margin
-25.3%
Sector avg: 18%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.94x
Sector avg: 0.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Confluent, Inc. Balance Sheet: CFLT Debt, Cash & Liquidity

Current Ratio
3.83x
Quick Ratio
3.83x
Debt/Equity
0.94x
Debt/Assets
60.8%
Interest Coverage
N/A
Long-term Debt
$1.1B

CFLT Revenue & Earnings Growth: 5-Year Financial Trend

CFLT 5-year financial data: Year 2021: Revenue $387.9M, Net Income -$95.0M, EPS N/A. Year 2022: Revenue $585.9M, Net Income -$229.8M, EPS $-2.21. Year 2023: Revenue $777.0M, Net Income -$342.8M, EPS $-1.82. Year 2024: Revenue $963.6M, Net Income -$452.6M, EPS $-1.62. Year 2025: Revenue $1.2B, Net Income -$442.7M, EPS $-1.47.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Confluent, Inc.'s revenue has grown significantly by 201% over the 5-year period, indicating strong business expansion. The most recent EPS of $-1.47 indicates the company is currently unprofitable.

CFLT Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
5.2%
Free cash flow / Revenue

CFLT Quarterly Earnings & Performance

Quarterly financial performance data for Confluent, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $250.2M -$66.5M $-0.19
Q2 2025 $235.0M -$82.0M $-0.24
Q1 2025 $217.2M -$67.6M $-0.20
Q3 2024 $200.2M -$74.1M $-0.23
Q2 2024 $189.3M -$89.9M $-0.28
Q1 2024 $174.3M -$93.0M $-0.30
Q3 2023 $151.7M -$92.7M $-0.30
Q2 2023 $139.4M -$103.4M $-0.35

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Confluent, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$64.3M
Cash generated from operations
Stock Buybacks
$255.0K
Shares repurchased (TTM)
Capital Expenditures
$3.6M
Investment in assets
Dividends
None
No dividend program

CFLT SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Confluent, Inc. (CIK: 0001699838)

📋 Recent SEC Filings

Date Form Document Action
Mar 19, 2026 4 xslF345X06/form4-03192026_060320.xml View →
Mar 19, 2026 4 xslF345X06/form4-03192026_060318.xml View →
Mar 19, 2026 4 xslF345X06/form4-03192026_060316.xml View →
Mar 19, 2026 4 xslF345X06/form4-03192026_060314.xml View →
Mar 19, 2026 4 xslF345X06/form4-03192026_060312.xml View →

Frequently Asked Questions about CFLT

What is the AI rating for CFLT?

Confluent, Inc. (CFLT) has a Combined AI Rating of HOLD from Claude (HOLD) and ChatGPT (HOLD) with 68% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are CFLT's key strengths?

Claude: Strong revenue growth of 21.1% YoY demonstrating market demand. Excellent gross margin of 74.3% indicating pricing power and operational leverage. ChatGPT: Strong 21.1% revenue growth indicates continued demand and market expansion. High 74.3% gross margin supports attractive software economics and future operating leverage.

What are the risks of investing in CFLT?

Claude: Company remains unprofitable with -$295.3M net loss and -32.6% operating margin. High operating expenses relative to revenue suggesting burn rate concerns. ChatGPT: Operating losses remain large at -32.6% margin, showing the business is not yet sustainably profitable. Net losses and negative returns on equity and assets indicate weak current earnings efficiency.

What is CFLT's revenue and growth?

Confluent, Inc. reported revenue of $1.2B.

Does CFLT pay dividends?

Confluent, Inc. does not currently pay dividends.

Where can I find CFLT SEC filings?

Official SEC filings for Confluent, Inc. (CIK: 0001699838) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is CFLT's EPS?

Confluent, Inc. has a diluted EPS of $-0.86.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is CFLT a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Confluent, Inc. has a HOLD rating with 68% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is CFLT stock overvalued or undervalued?

Valuation metrics for CFLT: ROE of -25.3% (sector avg: 22%), net margin of -25.3% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.

Should I buy CFLT stock in 2026?

Our dual AI analysis gives Confluent, Inc. a combined HOLD rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is CFLT's free cash flow?

Confluent, Inc.'s operating cash flow is $64.3M, with capital expenditures of $3.6M. FCF margin is 5.2%.

How does CFLT compare to other Technology stocks?

Vs Technology sector averages: Net margin -25.3% (avg: 18%), ROE -25.3% (avg: 22%), current ratio 3.83 (avg: 2.5).

Top Rated Stocks
NSSC 92% MLI 92% MELI 92% MDXG 92% MANH 92% INVA 92% GGG 92% GCT 92% FTNT 92% FSLR 92%
Sector: All Technology Stocks →
Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 22, 2026 | Data as of: 2025-12-31 | Powered by Claude AI