Confluent IPO Presentation Deck
Strong Customer Commitments
Remaining Performance Obligations (RPO)
$ in millions
CRPO as
% of RPO
$166
Q1'20
Q2'20
Q3'20
Q4'20
69%
y/y growth
$281
-71%
Q1'21
Note: CRPO, or current remaining performance obligations, represent the amount of contracted future revenue expected to be recognized in the next 12 months.
• RPO represents contracted revenue that
has not yet been recognized, including
o Deferred revenue not yet recognized
o Non-cancelable backlog that will be
invoiced
• We are not a SaaS-only model
o Our model consists of consumption-
based, ratable, upfront, and service
revenue components
o RPO provides a good representation
of our business unlike traditional SaaS
metrics such as billings, which do not
accurately reflect our hybrid model
and billing termsView entire presentation