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Side-by-side financial comparison of Confluent, Inc. (CFLT) and ESCO TECHNOLOGIES INC (ESE). Click either name above to swap in a different company.
Confluent, Inc. is the larger business by last-quarter revenue ($314.8M vs $289.7M, roughly 1.1× ESCO TECHNOLOGIES INC). ESCO TECHNOLOGIES INC runs the higher net margin — 9.9% vs -25.2%, a 35.1% gap on every dollar of revenue. On growth, Confluent, Inc. posted the faster year-over-year revenue change (20.5% vs 17.3%). ESCO TECHNOLOGIES INC produced more free cash flow last quarter ($63.0M vs $41.7M). Over the past eight quarters, Confluent, Inc.'s revenue compounded faster (20.4% CAGR vs 7.8%).
Confluent, Inc. is an American technology company headquartered in Mountain View, California. Confluent was founded by Jay Kreps, Jun Rao and Neha Narkhede on September 23, 2014, in order to commercialize an open-source streaming platform Apache Kafka, created by the same founders while working at LinkedIn in 2008 as a B2B infrastructure company. Confluent's products are the Confluent Cloud, Confluent Platform, Connectors, Apache Flink, Stream Governance and Confluent Hub.
Esco is a Singaporean brand that develops, manufactures, and sells products and services for laboratories.
CFLT vs ESE — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $314.8M | $289.7M |
| Net Profit | $-79.2M | $28.7M |
| Gross Margin | 74.7% | 41.4% |
| Operating Margin | -31.5% | 13.2% |
| Net Margin | -25.2% | 9.9% |
| Revenue YoY | 20.5% | 17.3% |
| Net Profit YoY | 10.0% | 22.2% |
| EPS (diluted) | $-0.23 | $1.11 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $314.8M | $289.7M | ||
| Q3 25 | $298.5M | $286.5M | ||
| Q2 25 | $282.3M | $296.3M | ||
| Q1 25 | $271.1M | $265.5M | ||
| Q4 24 | $261.2M | $247.0M | ||
| Q3 24 | $250.2M | $298.5M | ||
| Q2 24 | $235.0M | $260.8M | ||
| Q1 24 | $217.2M | $249.1M |
| Q4 25 | $-79.2M | $28.7M | ||
| Q3 25 | $-66.5M | $218.7M | ||
| Q2 25 | $-82.0M | $26.1M | ||
| Q1 25 | $-67.6M | $31.0M | ||
| Q4 24 | $-88.1M | $23.5M | ||
| Q3 24 | $-74.1M | $34.3M | ||
| Q2 24 | $-89.9M | $29.2M | ||
| Q1 24 | $-93.0M | $23.2M |
| Q4 25 | 74.7% | 41.4% | ||
| Q3 25 | 74.2% | 45.9% | ||
| Q2 25 | 73.7% | 41.2% | ||
| Q1 25 | 74.5% | 41.1% | ||
| Q4 24 | 74.1% | 39.8% | ||
| Q3 24 | 74.5% | 40.1% | ||
| Q2 24 | 72.3% | 39.6% | ||
| Q1 24 | 71.8% | 38.8% |
| Q4 25 | -31.5% | 13.2% | ||
| Q3 25 | -27.9% | 17.2% | ||
| Q2 25 | -34.2% | 11.2% | ||
| Q1 25 | -37.3% | 15.3% | ||
| Q4 24 | -40.5% | 11.4% | ||
| Q3 24 | -37.4% | 14.8% | ||
| Q2 24 | -46.1% | 14.3% | ||
| Q1 24 | -51.3% | 11.7% |
| Q4 25 | -25.2% | 9.9% | ||
| Q3 25 | -22.3% | 76.3% | ||
| Q2 25 | -29.0% | 8.8% | ||
| Q1 25 | -24.9% | 11.7% | ||
| Q4 24 | -33.7% | 9.5% | ||
| Q3 24 | -29.6% | 11.5% | ||
| Q2 24 | -38.3% | 11.2% | ||
| Q1 24 | -42.8% | 9.3% |
| Q4 25 | $-0.23 | $1.11 | ||
| Q3 25 | $-0.19 | $8.43 | ||
| Q2 25 | $-0.24 | $1.01 | ||
| Q1 25 | $-0.20 | $1.20 | ||
| Q4 24 | $-0.26 | $0.91 | ||
| Q3 24 | $-0.23 | $1.32 | ||
| Q2 24 | $-0.28 | $1.13 | ||
| Q1 24 | $-0.30 | $0.90 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $347.2M | $103.8M |
| Total DebtLower is stronger | $1.1B | $145.5M |
| Stockholders' EquityBook value | $1.2B | $1.6B |
| Total Assets | $3.0B | $2.4B |
| Debt / EquityLower = less leverage | 0.94× | 0.09× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $347.2M | $103.8M | ||
| Q3 25 | $298.5M | $101.3M | ||
| Q2 25 | $295.6M | $78.7M | ||
| Q1 25 | $278.6M | $57.4M | ||
| Q4 24 | $386.0M | $71.3M | ||
| Q3 24 | $322.6M | $66.0M | ||
| Q2 24 | $311.3M | $63.0M | ||
| Q1 24 | $336.4M | $59.4M |
| Q4 25 | $1.1B | $145.5M | ||
| Q3 25 | $1.1B | $186.0M | ||
| Q2 25 | $1.1B | $525.0M | ||
| Q1 25 | $1.1B | $88.0M | ||
| Q4 24 | $1.1B | $112.0M | ||
| Q3 24 | $1.1B | $122.0M | ||
| Q2 24 | $1.1B | $173.0M | ||
| Q1 24 | $1.1B | $191.0M |
| Q4 25 | $1.2B | $1.6B | ||
| Q3 25 | $1.1B | $1.5B | ||
| Q2 25 | $1.1B | $1.3B | ||
| Q1 25 | $1.0B | $1.3B | ||
| Q4 24 | $961.2M | $1.2B | ||
| Q3 24 | $934.3M | $1.2B | ||
| Q2 24 | $873.9M | $1.2B | ||
| Q1 24 | $845.2M | $1.2B |
| Q4 25 | $3.0B | $2.4B | ||
| Q3 25 | $2.9B | $2.4B | ||
| Q2 25 | $2.8B | $2.5B | ||
| Q1 25 | $2.7B | $1.8B | ||
| Q4 24 | $2.7B | $1.8B | ||
| Q3 24 | $2.6B | $1.8B | ||
| Q2 24 | $2.5B | $1.8B | ||
| Q1 24 | $2.4B | $1.8B |
| Q4 25 | 0.94× | 0.09× | ||
| Q3 25 | 0.98× | 0.12× | ||
| Q2 25 | 1.03× | 0.40× | ||
| Q1 25 | 1.07× | 0.07× | ||
| Q4 24 | 1.14× | 0.09× | ||
| Q3 24 | 1.17× | 0.10× | ||
| Q2 24 | 1.25× | 0.14× | ||
| Q1 24 | 1.29× | 0.16× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $42.1M | $68.9M |
| Free Cash FlowOCF − Capex | $41.7M | $63.0M |
| FCF MarginFCF / Revenue | 13.2% | 21.7% |
| Capex IntensityCapex / Revenue | 0.1% | 2.0% |
| Cash ConversionOCF / Net Profit | — | 2.40× |
| TTM Free Cash FlowTrailing 4 quarters | $60.7M | $239.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $42.1M | $68.9M | ||
| Q3 25 | $30.8M | $109.9M | ||
| Q2 25 | $18.1M | $73.7M | ||
| Q1 25 | $-26.8M | $24.1M | ||
| Q4 24 | $35.2M | $34.2M | ||
| Q3 24 | $15.6M | $72.1M | ||
| Q2 24 | $8.6M | $36.2M | ||
| Q1 24 | $-26.0M | $10.5M |
| Q4 25 | $41.7M | $63.0M | ||
| Q3 25 | $30.0M | $97.8M | ||
| Q2 25 | $17.2M | $64.9M | ||
| Q1 25 | $-28.2M | $14.0M | ||
| Q4 24 | $34.5M | $29.0M | ||
| Q3 24 | $15.0M | $60.9M | ||
| Q2 24 | $7.5M | $27.6M | ||
| Q1 24 | $-26.1M | $2.0M |
| Q4 25 | 13.2% | 21.7% | ||
| Q3 25 | 10.0% | 34.1% | ||
| Q2 25 | 6.1% | 21.9% | ||
| Q1 25 | -10.4% | 5.3% | ||
| Q4 24 | 13.2% | 11.7% | ||
| Q3 24 | 6.0% | 20.4% | ||
| Q2 24 | 3.2% | 10.6% | ||
| Q1 24 | -12.0% | 0.8% |
| Q4 25 | 0.1% | 2.0% | ||
| Q3 25 | 0.3% | 4.2% | ||
| Q2 25 | 0.3% | 3.0% | ||
| Q1 25 | 0.5% | 3.8% | ||
| Q4 24 | 0.3% | 2.1% | ||
| Q3 24 | 0.2% | 3.8% | ||
| Q2 24 | 0.5% | 3.3% | ||
| Q1 24 | 0.1% | 3.4% |
| Q4 25 | — | 2.40× | ||
| Q3 25 | — | 0.50× | ||
| Q2 25 | — | 2.83× | ||
| Q1 25 | — | 0.78× | ||
| Q4 24 | — | 1.46× | ||
| Q3 24 | — | 2.10× | ||
| Q2 24 | — | 1.24× | ||
| Q1 24 | — | 0.45× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CFLT
| Confluent Cloud | $169.4M | 54% |
| Post Contract Customer Support | $93.8M | 30% |
| License | $38.4M | 12% |
| Services | $13.2M | 4% |
ESE
| US Government | $98.0M | 34% |
| Utility Solutions Group | $87.5M | 30% |
| RF Shielding And Test | $58.3M | 20% |
| Commercial | $45.8M | 16% |
| Related Party | $1.3M | 0% |
