How did Confluent's revenue and expenses trend in Q4 2024?

Confluent's revenue and expenses in Q4 2024 showed a notable decline in net income and a decrease in revenue across all segments, with the exception of Subscription revenue, which remained relatively stable:

1. **Revenue Trend**: The total revenue for Confluent in Q4 2024 was $922.09 million. This was a decrease from the previous quarter's revenue of $1.03 billion, indicating a downward trend in overall revenue.
2. **Net Income and Diluted EPS**: The net income for the quarter was -$88.05 million, and the diluted EPS was -$0.27. These figures indicate significant losses for the company, with no improvement from the previous quarter's net income of -$79.46 million and diluted EPS of -$0.26.
3. **Segment Analysis**: Confluent's revenue by segment showed that Subscription revenue was $671.46 million, Services revenue was $260.91 million, and Business revenue was $41.55 million. The Subscription segment experienced a slight increase in revenue compared to the previous quarter, while Services and Business segments saw significant decreases.
4. **Expense Analysis**: The expenses for Confluent in Q4 2024 were not provided in the report. However, the net loss of $88.05 million suggests that the company faced considerable expenses during the quarter.

In conclusion, Confluent faced a challenging quarter with a decline in revenue and a significant net loss. The company needs to focus on cost management and revenue growth strategies to improve its financial performance in the future.

|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|CFLT|CFLT.O|Confluent|20240101-2024|Services|4.1551E7|185|
|CFLT|CFLT.O|Confluent|20240101-2024|Services|3.0967E7|185|
|CFLT|CFLT.O|Confluent|20240101-2024|Services|2.0619E7|185|
|CFLT|CFLT.O|Confluent|20240101-2024|Services|1.0335E7|185|
|CFLT|CFLT.O|Confluent|20240101-2024|Subscription|2.06902E8|185|
|CFLT|CFLT.O|Confluent|20240101-2024|Services|1.0335E7|185|

|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|CFLT|CFLT.O|Confluent|2024 Q1|39.06001114352201|-9.2967E7|185|
|CFLT|CFLT.O|Confluent|2024 Q2|13.07710901619531|-8.99E7|185|
|CFLT|CFLT.O|Confluent|2024 Q3|19.991367217006584|-7.4144E7|185|
|CFLT|CFLT.O|Confluent|2024 Q4|6.421101853426288|-8.8054E7|185|

|code|Ticker|Name|Date|Diluted EPS YoY|Diluted EPS|market_code|
|---|---|---|---|---|---|---|
|CFLT|CFLT.O|Confluent|2024 Q1|42.307692307692314|-0.3|185|
|CFLT|CFLT.O|Confluent|2024 Q2|19.999999999999986|-0.28|185|
|CFLT|CFLT.O|Confluent|2024 Q3|23.33333333333333|-0.23|185|
|CFLT|CFLT.O|Confluent|2024 Q4|9.999999999999991|-0.27|185|