Confluent, INC

Market Movers (8-K)

IBM has completed its acquisition of Confluent, integrating the data streaming platform to enhance real-time data capabilities for enterprise AI and automation.
Confluent, Inc. announced the resignation of its Chief Accounting Officer, Kong Phan, effective April 13, 2026, who is departing to pursue another opportunity.
Worse than expected
Confluent, Inc. stockholders overwhelmingly approved the merger agreement with International Business Machines Corporation at a special meeting held on February 12, 2026.
Confluent, Inc. announced robust fourth quarter and full fiscal year 2025 financial results, highlighted by significant revenue growth and improved profitability, alongside confirming its pending acquisition by IBM for $11 billion.
Better than expected
Confluent, Inc. has filed supplemental disclosures to its proxy statement for the IBM merger following multiple shareholder demand letters and lawsuits alleging misleading information.
Confluent, Inc. announced the expiration of the HSR Act waiting period, a key condition for its merger with IBM.

Quarterly Earnings (10-Q)

Confluent, Inc. reports continued revenue growth in Q3 2025, driven by subscription expansion, while navigating macroeconomic uncertainties and increased IT spending scrutiny.
Confluent, Inc. announced a 20% year-over-year revenue increase to $282.3 million for Q2 2025, alongside a reduction in net loss and improved gross margins, driven by strong subscription growth and Confluent Cloud adoption.
Better than expected
Confluent, Inc. announces its Q1 2025 financial results, showcasing a 25% increase in revenue compared to the same period last year, driven by subscription growth.
Better than expected
Confluent Inc. saw a 25% year-over-year increase in revenue for the third quarter of 2024, fueled by strong subscription growth and increasing adoption of its cloud-based platform.
Worse than expected
Confluent Inc. announced a 24% year-over-year increase in total revenue for the second quarter of 2024, driven by strong subscription growth and increasing adoption of its cloud-based platform.
Confluent, Inc. announced a 25% year-over-year increase in total revenue for the first quarter of 2024, driven by strong subscription growth and increased adoption of its cloud-based platform.
Worse than expected

Annual Reports (10-K)

Confluent, Inc. filed an amendment to its 2025 Annual Report on Form 10-K to provide comprehensive details on executive compensation, corporate governance, and related party transactions.
Delay expected
Confluent's 2025 annual report highlights strong revenue growth driven by its cloud offerings, alongside a pending $31.00 per share cash merger with IBM expected by mid-2026.
Better than expected
Capital raise
Confluent's 2024 10-K filing highlights the company's growth in the data streaming platform category, with a focus on cloud adoption and strategic investments amidst challenging economic conditions.
Worse than expected
Capital raise
Confluent's 10-K filing outlines its mission to set data in motion, detailing its product offerings, growth strategies, and financial results for the fiscal year ended December 31, 2023.
Worse than expected

Insider Trading (Form 4)

Confluent, Inc. CEO Edward Jay Kreps reported the disposition of all his Confluent equity holdings following the company's acquisition by IBM for $31.00 per share in cash.
Confluent's Chief Accounting Officer, Phan Kong, disposed of equity securities following the merger agreement with IBM, converting shares and options to cash and RSUs to IBM stock.
Confluent's CFO, Rohan Sivaram, reported the disposition of Class A Common Stock, Restricted Stock Units, and stock options on March 17, 2026, as a result of the merger with IBM.
Confluent Director Neha Narkhede disposed of significant equity holdings, including common stock, RSUs, and stock options, as part of the company's merger with IBM.
Confluent Director Michelangelo Volpi disposed of all his Class A Common Stock holdings in Confluent, Inc. as part of the company's merger with IBM.
Confluent Director Eric Vishria reported the disposition of all his Class A Common Stock and Restricted Stock Units following the company's merger with International Business Machines Corporation at $31.00 per share.

Proxy Statements (Def-14A)

Confluent, Inc. announced the expiration of the HSR Act waiting period for its merger with IBM, moving closer to completion.
Confluent, Inc. stockholders will vote on a proposed acquisition by IBM for $31.00 per share in cash, representing a significant premium.
Better than expected
IBM announces its intent to acquire Confluent, aiming to create a 'smart data platform' and capitalize on the growing real-time data market for AI.
Confluent, Inc. announced an agreement to be acquired by International Business Machines Corporation, anticipating significant growth and market expansion in data streaming and AI.
IBM announced its acquisition of data streaming company Confluent for $11 billion, representing a 31% premium for shareholders, to enhance its real-time data capabilities for the AI era.
Better than expected
IBM announced a definitive agreement to acquire Confluent for $31 per share, aiming to bolster its hybrid cloud and AI strategy with data streaming capabilities.
Delay expected

Schedule 13G - Passive Investments

Edward Jay Kreps and associated trusts have reported a complete divestment of their beneficial ownership in Confluent, Inc. Class A Common Stock.
Worse than expected
The Vanguard Group has amended its Schedule 13G filing for Confluent Inc., reporting 0% beneficial ownership due to an internal realignment.
Point72 Asset Management, along with Point72 Capital Advisors Inc. and Steven A. Cohen, has disclosed a 6.0% beneficial ownership stake in Confluent, Inc.
The Vanguard Group reported an increased passive ownership stake of 10.62% in Confluent Inc. common stock.
Altimeter Capital Management and its affiliates have reduced their beneficial ownership in Confluent, Inc. Class A Common Stock to 4.5%.
Worse than expected
JPMorgan Chase & Co. has filed an updated Schedule 13G, revealing a beneficial ownership of 4.1% in Confluent, Inc.'s Class A Common Stock.