Confluent Inc. $(CFLT)$ has announced its financial results for the second quarter of 2025, reporting a 20% increase in total revenue, reaching $282.3 million compared to $235.0 million in the same period the previous year. Subscription revenue rose by 21% year-over-year, totaling $270.8 million. Confluent Cloud, a key growth segment, recorded a 28% increase in revenue year-over-year, amounting to $151 million. The company's GAAP operating loss improved to $96.4 million, down from $108.3 million in the second quarter of 2024. The GAAP operating margin also showed a positive change, improving by 11.9 percentage points to (34.2%) from (46.1%). Additionally, Confluent's non-GAAP operating income saw a significant increase, reaching $17.8 million compared to $1.3 million in the same quarter last year. The number of customers with $100,000 or greater in annual recurring revenue $(ARR)$ increased by 10% year-over-year to 1,439. The company's Flink annual recurring revenue $(ARR.UK)$ grew approximately threefold over the past two quarters, underscoring the strong performance of its data streaming platform strategy. Confluent's results highlight solid top-line growth and continued margin expansion, driven by its comprehensive data streaming platform.
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