Confluent reports Q2 EPS 9c, consensus 8c

Reports Q2 revenue $282.3M, consensus $278.4M. Reports Q2: Subscription revenue of $271 million, up 21% year over year; Confluent (CFLT) Cloud revenue of $151 million, up 28% year over year; 1,439 customers with $100,000 or greater in ARR, up 10% year over year. “Confluent delivered a solid quarter, led by 28% year-over-year growth in Confluent Cloud revenue,” said Jay Kreps, co-founder and CEO, Confluent. “Our DSP monetization continues to gain traction, with Flink ARR growing approximately 3x over the past two quarters. This reinforces our complete data streaming platform strategy and our strong positioning for a future shaped by agentic, real-time AI.”