Financial Statements — CFLT
Balance Sheet
(in billions USD)| Metric | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 |
|---|
| Cash & Equivalents | 0.30 | 0.30 | 0.28 | 0.32 | 0.31 | 0.34 | 0.32 | 0.31 | 0.34 | 0.50 | 0.53 | 1.05 | 0.58 | 0.86 |
| Accounts Receivable | 0.36 | 0.36 | 0.30 | 0.28 | 0.26 | 0.20 | 0.18 | 0.19 | 0.17 | 0.14 | 0.15 | 0.12 | 0.12 | 0.12 |
| Total Current Assets | 2.50 | 2.44 | 2.34 | 2.27 | 2.31 | 2.23 | 2.17 | 2.14 | 2.12 | 2.17 | 2.19 | 2.20 | 1.21 | 1.21 |
| Property, Plant & Equipment | 0.09 | 0.09 | 0.08 | 0.07 | 0.07 | 0.06 | 0.05 | 0.04 | 0.04 | 0.03 | 0.02 | 0.02 | 0.01 | 0.01 |
| Goodwill | 0.16 | 0.16 | 0.16 | 0.16 | 0.05 | 0.05 | 0.04 | 0.04 | 0.04 | -- | -- | -- | -- | -- |
| Intangible Assets | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- | -- | -- | -- |
| Total Non-current Assets* | 0.38 | 0.38 | 0.36 | 0.34 | 0.22 | 0.21 | 0.19 | 0.19 | 0.18 | 0.14 | 0.13 | 0.12 | 0.10 | 0.10 |
| Total Assets | 2.88 | 2.82 | 2.70 | 2.61 | 2.53 | 2.44 | 2.36 | 2.33 | 2.29 | 2.31 | 2.32 | 2.32 | 1.31 | 1.32 |
| Accounts Payable | 0.01 | 0.01 | 0.01 | 0.02 | 0.01 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.02 | 0.01 | 0.00 | 0.00 |
| Total Current Liabilities | 0.62 | 0.61 | 0.53 | 0.53 | 0.52 | 0.44 | 0.44 | 0.42 | 0.40 | 0.38 | 0.38 | 0.33 | 0.27 | 0.25 |
| Long-term Debt | 1.10 | 1.09 | 1.09 | 1.09 | 1.09 | 1.09 | 1.09 | 1.09 | 1.09 | 1.08 | 1.08 | 1.08 | -- | -- |
| Total Non-current Liabilities* | 1.14 | 1.14 | 1.14 | 1.14 | 1.13 | 1.16 | 1.14 | 1.14 | 1.15 | 1.15 | 1.15 | 1.15 | 0.07 | 0.07 |
| Total Liabilities | 1.76 | 1.75 | 1.67 | 1.67 | 1.65 | 1.59 | 1.57 | 1.57 | 1.55 | 1.53 | 1.53 | 1.48 | 0.34 | 0.31 |
| Retained Earnings | (2.21) | (2.14) | (2.06) | (1.90) | (1.83) | (1.74) | (1.55) | (1.46) | (1.35) | (1.10) | (0.98) | (0.86) | (0.63) | (0.54) |
| Total Stockholder Equity | 1.12 | 1.06 | 1.03 | 0.93 | 0.87 | 0.85 | 0.79 | 0.76 | 0.74 | 0.78 | 0.80 | 0.84 | 0.97 | 1.00 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Total Revenue | 314.82 | 298.52 | 282.29 | 271.12 | 261.22 | 250.20 | 234.99 | 217.24 | 213.18 | 200.18 | 189.29 | 174.30 | 168.67 | 151.73 | 139.41 | 126.14 | 119.93 | 102.57 | 88.34 |
| Cost of Revenue | 79.66 | 76.96 | 74.17 | 69.12 | 67.57 | 63.70 | 64.98 | 61.22 | 57.06 | 56.55 | 57.92 | 58.14 | 53.95 | 53.18 | 49.51 | 45.78 | 46.15 | 37.30 | 30.01 |
| Gross Profit | 235.16 | 221.57 | 208.12 | 202.00 | 193.66 | 186.50 | 170.01 | 156.02 | 156.13 | 143.63 | 131.37 | 116.16 | 114.72 | 98.55 | 89.90 | 80.36 | 73.78 | 65.27 | 58.33 |
| Research & Development | 121.93 | 121.76 | 121.22 | 116.80 | 114.89 | 102.72 | 106.06 | 97.57 | 86.95 | 91.24 | 85.68 | 84.89 | 71.81 | 70.10 | 64.47 | 57.66 | 56.69 | 47.70 | 33.23 |
| Selling, General & Admin | 52.60 | 40.30 | 39.70 | 40.12 | 39.36 | 39.47 | 39.43 | 38.44 | 33.95 | 31.87 | 36.34 | 35.35 | 35.21 | 33.04 | 29.98 | 27.48 | 30.15 | 25.33 | 37.94 |
| Total Operating Expenses | 334.33 | 304.88 | 304.55 | 303.18 | 299.44 | 280.16 | 278.35 | 267.37 | 240.81 | 252.26 | 250.73 | 282.25 | 229.70 | 217.45 | 207.21 | 191.84 | 187.46 | 160.02 | 144.37 |
| Operating Income | (99.17) | (83.31) | (96.44) | (101.18) | (105.78) | (93.66) | (108.35) | (111.35) | (84.68) | (108.63) | (119.37) | (166.09) | (114.98) | (118.90) | (117.31) | (111.48) | (113.68) | (94.75) | (86.04) |
| Pretax Income | (79.64) | (64.95) | (75.33) | (80.77) | (86.50) | (71.17) | (86.50) | (90.50) | (62.90) | (91.10) | (101.76) | (150.91) | (103.66) | (114.18) | (116.12) | (112.30) | (114.01) | (94.98) | (86.00) |
| Tax Provision | (0.39) | 1.55 | 6.62 | (13.19) | 1.56 | 2.98 | 3.40 | 2.47 | 31.19 | 1.57 | 1.67 | 1.65 | 2.23 | 1.87 | 1.51 | 0.69 | 0.43 | 0.68 | 2.17 |
| Net Income | (79.25) | (66.50) | (81.95) | (67.57) | (88.05) | (74.14) | (89.90) | (92.97) | (94.10) | (92.67) | (103.42) | (152.55) | (105.88) | (116.05) | (117.63) | (112.99) | (114.44) | (95.67) | (88.17) |
| Basic EPS | (0.23) | (0.19) | (0.24) | (0.20) | (0.26) | (0.23) | (0.28) | (0.30) | (0.30) | (0.30) | (0.35) | (0.52) | (0.37) | (0.41) | (0.42) | -- | -- | -- | -- |
| Diluted EPS | (0.23) | (0.19) | (0.24) | (0.20) | (0.26) | (0.23) | (0.28) | (0.30) | (0.30) | (0.30) | (0.35) | (0.52) | (0.37) | (0.41) | (0.42) | -- | -- | -- | -- |
Cash Flow Statement
(in billions USD)| Metric | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Operating Cash Flow | 0.04 | 0.03 | 0.02 | (0.03) | 0.04 | 0.02 | 0.01 | (0.03) | 0.01 | (0.01) | (0.03) | (0.08) | (0.03) | (0.04) | (0.03) | (0.06) | (0.02) | (0.02) | (0.06) |
| Capital Expenditures | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Free Cash Flow* | 0.04 | 0.03 | 0.02 | (0.03) | 0.03 | 0.02 | 0.01 | (0.03) | 0.01 | (0.01) | (0.03) | (0.08) | (0.03) | (0.04) | (0.03) | (0.06) | (0.03) | (0.02) | (0.06) |
| Investing Cash Flow | (0.02) | (0.05) | (0.01) | (0.11) | 0.01 | (0.02) | (0.05) | (0.02) | 0.01 | (0.01) | (0.03) | (0.05) | (0.05) | (0.01) | (0.49) | (0.31) | (0.60) | 0.14 | 0.06 |
| Financing Cash Flow | 0.02 | 0.02 | 0.01 | 0.03 | 0.02 | 0.02 | 0.01 | 0.03 | 0.01 | 0.03 | 0.03 | 0.04 | 0.01 | 0.03 | 0.01 | 0.04 | 1.01 | 0.01 | 0.82 |
* Derived from reported values
