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Side-by-side financial comparison of Confluent, Inc. (CFLT) and Forestar Group Inc. (FOR). Click either name above to swap in a different company.
Confluent, Inc. is the larger business by last-quarter revenue ($314.8M vs $273.0M, roughly 1.2× Forestar Group Inc.). Forestar Group Inc. runs the higher net margin — 5.6% vs -25.2%, a 30.8% gap on every dollar of revenue. On growth, Confluent, Inc. posted the faster year-over-year revenue change (20.5% vs 9.0%). Confluent, Inc. produced more free cash flow last quarter ($41.7M vs $-157.1M). Over the past eight quarters, Confluent, Inc.'s revenue compounded faster (20.4% CAGR vs -9.6%).
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.
Forestar Group Inc. is a residential lot development company based in Arlington, Texas. The company has operations in 51 markets in 21 states and delivered 11,518 residential lots during the twelve-month period ended December 31, 2020. The company is publicly traded on the New York Stock Exchange and in October 2017 became a majority-owned subsidiary of D.R. Horton, Inc., the largest homebuilder by volume in the United States since 2002. The company primarily acquires entitled real estate and...
CFLT vs FOR — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $314.8M | $273.0M |
| Net Profit | $-79.2M | $15.4M |
| Gross Margin | 74.7% | 20.1% |
| Operating Margin | -31.5% | 7.6% |
| Net Margin | -25.2% | 5.6% |
| Revenue YoY | 20.5% | 9.0% |
| Net Profit YoY | 10.0% | -6.7% |
| EPS (diluted) | $-0.23 | $0.30 |
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 | $273.0M | ||
| Q3 25 | $298.5M | $670.5M | ||
| Q2 25 | $282.3M | $390.5M | ||
| Q1 25 | $271.1M | $351.0M | ||
| Q4 24 | $261.2M | $250.4M | ||
| Q3 24 | $250.2M | $551.3M | ||
| Q2 24 | $235.0M | $318.4M | ||
| Q1 24 | $217.2M | $333.8M |
| Q4 25 | $-79.2M | $15.4M | ||
| Q3 25 | $-66.5M | $86.9M | ||
| Q2 25 | $-82.0M | $32.9M | ||
| Q1 25 | $-67.6M | $31.6M | ||
| Q4 24 | $-88.1M | $16.5M | ||
| Q3 24 | $-74.1M | $81.5M | ||
| Q2 24 | $-89.9M | $38.7M | ||
| Q1 24 | $-93.0M | $45.0M |
| Q4 25 | 74.7% | 20.1% | ||
| Q3 25 | 74.2% | 22.3% | ||
| Q2 25 | 73.7% | 20.4% | ||
| Q1 25 | 74.5% | 22.6% | ||
| Q4 24 | 74.1% | 22.0% | ||
| Q3 24 | 74.5% | 23.9% | ||
| Q2 24 | 72.3% | 22.5% | ||
| Q1 24 | 71.8% | 24.9% |
| Q4 25 | -31.5% | 7.6% | ||
| Q3 25 | -27.9% | 16.9% | ||
| Q2 25 | -34.2% | 11.2% | ||
| Q1 25 | -37.3% | 11.6% | ||
| Q4 24 | -40.5% | 8.7% | ||
| Q3 24 | -37.4% | 19.7% | ||
| Q2 24 | -46.1% | 16.2% | ||
| Q1 24 | -51.3% | 17.6% |
| Q4 25 | -25.2% | 5.6% | ||
| Q3 25 | -22.3% | 13.0% | ||
| Q2 25 | -29.0% | 8.4% | ||
| Q1 25 | -24.9% | 9.0% | ||
| Q4 24 | -33.7% | 6.6% | ||
| Q3 24 | -29.6% | 14.8% | ||
| Q2 24 | -38.3% | 12.2% | ||
| Q1 24 | -42.8% | 13.5% |
| Q4 25 | $-0.23 | $0.30 | ||
| Q3 25 | $-0.19 | $1.70 | ||
| Q2 25 | $-0.24 | $0.65 | ||
| Q1 25 | $-0.20 | $0.62 | ||
| Q4 24 | $-0.26 | $0.32 | ||
| Q3 24 | $-0.23 | $1.59 | ||
| Q2 24 | $-0.28 | $0.76 | ||
| Q1 24 | $-0.30 | $0.89 |
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 | $211.7M |
| Total DebtLower is stronger | $1.1B | $793.2M |
| Stockholders' EquityBook value | $1.2B | $1.8B |
| Total Assets | $3.0B | $3.2B |
| Debt / EquityLower = less leverage | 0.94× | 0.44× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $347.2M | $211.7M | ||
| Q3 25 | $298.5M | $379.2M | ||
| Q2 25 | $295.6M | $189.2M | ||
| Q1 25 | $278.6M | $174.3M | ||
| Q4 24 | $386.0M | $132.0M | ||
| Q3 24 | $322.6M | $481.2M | ||
| Q2 24 | $311.3M | $359.2M | ||
| Q1 24 | $336.4M | $416.2M |
| Q4 25 | $1.1B | $793.2M | ||
| Q3 25 | $1.1B | $802.7M | ||
| Q2 25 | $1.1B | $872.8M | ||
| Q1 25 | $1.1B | $872.5M | ||
| Q4 24 | $1.1B | $806.8M | ||
| Q3 24 | $1.1B | $706.4M | ||
| Q2 24 | $1.1B | $706.1M | ||
| Q1 24 | $1.1B | $705.7M |
| Q4 25 | $1.2B | $1.8B | ||
| Q3 25 | $1.1B | $1.8B | ||
| Q2 25 | $1.1B | $1.7B | ||
| Q1 25 | $1.0B | $1.6B | ||
| Q4 24 | $961.2M | $1.6B | ||
| Q3 24 | $934.3M | $1.6B | ||
| Q2 24 | $873.9M | $1.5B | ||
| Q1 24 | $845.2M | $1.5B |
| Q4 25 | $3.0B | $3.2B | ||
| Q3 25 | $2.9B | $3.1B | ||
| Q2 25 | $2.8B | $3.1B | ||
| Q1 25 | $2.7B | $3.0B | ||
| Q4 24 | $2.7B | $3.0B | ||
| Q3 24 | $2.6B | $2.8B | ||
| Q2 24 | $2.5B | $2.7B | ||
| Q1 24 | $2.4B | $2.6B |
| Q4 25 | 0.94× | 0.44× | ||
| Q3 25 | 0.98× | 0.45× | ||
| Q2 25 | 1.03× | 0.52× | ||
| Q1 25 | 1.07× | 0.53× | ||
| Q4 24 | 1.14× | 0.50× | ||
| Q3 24 | 1.17× | 0.44× | ||
| Q2 24 | 1.25× | 0.47× | ||
| Q1 24 | 1.29× | 0.48× |
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 | $-157.0M |
| Free Cash FlowOCF − Capex | $41.7M | $-157.1M |
| FCF MarginFCF / Revenue | 13.2% | -57.5% |
| Capex IntensityCapex / Revenue | 0.1% | 0.0% |
| Cash ConversionOCF / Net Profit | — | -10.19× |
| TTM Free Cash FlowTrailing 4 quarters | $60.7M | $93.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $42.1M | $-157.0M | ||
| Q3 25 | $30.8M | $256.3M | ||
| Q2 25 | $18.1M | $15.8M | ||
| Q1 25 | $-26.8M | $-19.8M | ||
| Q4 24 | $35.2M | $-450.0M | ||
| Q3 24 | $15.6M | $119.2M | ||
| Q2 24 | $8.6M | $-61.7M | ||
| Q1 24 | $-26.0M | $-59.2M |
| Q4 25 | $41.7M | $-157.1M | ||
| Q3 25 | $30.0M | $255.6M | ||
| Q2 25 | $17.2M | $15.0M | ||
| Q1 25 | $-28.2M | $-20.5M | ||
| Q4 24 | $34.5M | — | ||
| Q3 24 | $15.0M | $118.4M | ||
| Q2 24 | $7.5M | $-62.3M | ||
| Q1 24 | $-26.1M | $-59.8M |
| Q4 25 | 13.2% | -57.5% | ||
| Q3 25 | 10.0% | 38.1% | ||
| Q2 25 | 6.1% | 3.8% | ||
| Q1 25 | -10.4% | -5.8% | ||
| Q4 24 | 13.2% | — | ||
| Q3 24 | 6.0% | 21.5% | ||
| Q2 24 | 3.2% | -19.6% | ||
| Q1 24 | -12.0% | -17.9% |
| Q4 25 | 0.1% | 0.0% | ||
| Q3 25 | 0.3% | 0.1% | ||
| Q2 25 | 0.3% | 0.2% | ||
| Q1 25 | 0.5% | 0.2% | ||
| Q4 24 | 0.3% | 0.0% | ||
| Q3 24 | 0.2% | 0.1% | ||
| Q2 24 | 0.5% | 0.2% | ||
| Q1 24 | 0.1% | 0.2% |
| Q4 25 | — | -10.19× | ||
| Q3 25 | — | 2.95× | ||
| Q2 25 | — | 0.48× | ||
| Q1 25 | — | -0.63× | ||
| Q4 24 | — | -27.27× | ||
| Q3 24 | — | 1.46× | ||
| Q2 24 | — | -1.59× | ||
| Q1 24 | — | -1.32× |
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% |
FOR
| D.R.Horton Inc. | $183.8M | 67% |
| Other | $89.2M | 33% |
