Confluent Investor Presentation Deck

GAAP to Non-GAAP Reconciliations (in thousands, except percentages) Total revenue Total gross profit on a GAAP basis Add: Stock-based compensation expense Add: Employer taxes on employee stock transactions Add: Amortization of acquired intangibles Non-GAAP total gross profit Non-GAAP total gross margin Subscription revenue Subscription gross profit on a GAAP basis Add: Stock-based compensation expense Add: Employer taxes on employee stock transactions Add: Amortization of acquired intangibles Non-GAAP subscription gross profit Non-GAAP subscription gross margin Total revenue Research and development (R&D) expense on a GAAP basis Less: Stock-based compensation expense Less: Employer taxes on employee stock transactions Less: Acquisition-related expenses Non-GAAP R&D expense Non-GAAP R&D expense as a % of total revenue FY'21 $387,864 $250,572 17,989 1,013 $269,574 69.5% FY'21 $347,099 $252,239 12,571 636 $265,446 76.5% FY'21 $387,864 $161,925 49,051 2,278 $110,596 28.5% FY'22 $585,944 $383,529 32,389 1,173 $417,091 71.2% FY'22 $535,009 $388,685 23,136 569 $412,390 77.1% FY'22 $585,944 $264,041 101,499 2,632 $159,910 27.3% Q3'22 $151,732 $98,552 8,997 144 $107,693 71.0% Q3'22 $ 138,730 $100,313 6,313 82 $106,708 76.9% Q3'22 $151,732 $70,099 27,692 496 $41,911 27.6% Q3'23 $200,181 $143,632 8,790 305 129 $152,856 76.4% Q3'23 $189,270 $145,166 6,171 179 129 $151,645 80.1% Q3'23 $200,181 $91,237 37,778 686 3,841 $48,932 24.4% 49

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