Confluent IPO 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
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
Non-GAAP subscription gross profit
Non-GAAP subscription gross margin
FY'19
$149,805
$100,436
2,155
1
$102,592
68%
FY'19
$130,206
$101,811
1,161
$102,972
79%
FY'20
$236,577
$161,101
4,317
25
$165,443
70%
FY'20
$208,633
$159,350
2,572
$161,931
78%
Q1'20
$50,904
$33,091
812
1
$33,904
67%
Q1'20
$43,943
$32,929
462
1
$33,392
76%
Q1'21
$77,028
$53,190
1,519
$54,709
71%
Q1'21
$67,992
$52,235
975
$53,210
78%View entire presentation