Confluent Announces $200 Million Investment Across Its Global Partner Ecosystem
'We're on a mission to drive trust and transparency in blockchain, and that is only achievable with quick, easy access to real-time, reliable data,' said Ethan Chan, CEO and Co-Founder of Allium. 'Confluent enables us to seamlessly connect diverse data sources, from blockchains and core financial systems to cloud-based analytics platforms. With the technology and expertise provided by Confluent and its partners, we've built a high-performance data backbone that enables us to grow rapidly and deliver trusted blockchain insights to more customers faster.'
To Realize AI's Promise, Business Must Start with ' AI-Ready' Data
AI is set to fundamentally transform how businesses operate. However, delivering on that promise is only possible if organizations have the technology and expertise to properly manage, govern, and connect real-time data. According to the July 2025 IDC Perspective 1, 'for organizations to fully realize the potential of artificial intelligence, they must first ensure they have 'AI-ready' data. This readiness is not solely about adopting AI tools but more about building the foundational infrastructure, processes, and culture required to support AI initiatives at scale.'
'Data streaming is the lifeblood of AI and the foundation for the next wave of transformative applications,' said Kamal Brar, Senior Vice President, Worldwide ISV and APAC at Confluent. 'The opportunity ahead is massive, and we believe it will be defined by those who can move and build together. We invite technology leaders, integrators, and domain experts to join us in helping organizations harness real-time data to innovate faster, operate smarter, and stay ahead of the curve.'
Confluent Partners Power the Next Wave of AI and Real-Time Innovation
Confluent works hand in hand with its partners to deliver the technology, domain expertise, and scale needed for businesses to integrate all their data systems, modernize their infrastructures, and scale real-time applications. The new investment opens more doors for collaboration between Confluent and its partners, including:
New data streaming products and services – Launching new, revenue-generating solutions is faster than ever with support from Confluent to embed its leading data streaming platform into partners' offerings.
Joint solutions and go-to-market plans – Co-developing real-time use cases with partners helps meet the high demand for data streaming and reach the right customers with the right solutions.
Deeper integrations – Confluent works with partners to build native platform integrations that provide businesses a seamless experience working with real-time data across the entire streaming ecosystem.
This builds on the strong partner momentum Confluent has generated over the past year—from an expanded collaboration with Infosys and strategic alliances with EY, Databricks, and Jio Platforms to the OEM Program partnership with sccc by stc and targeted investments in regional system integrators Onibex and Psyncopate. Confluent is doubling down on partner collaboration to unlock new value and put the world's data in motion.
Join the Confluent Partner Ecosystem
Confluent's partner programs stand apart by putting deep collaboration at the center. Data streaming is all about unifying data across every corner of a business in real time, and partners are essential to making that a reality. Join Confluent's dynamic ecosystem of system integrators, cloud providers, and technology partners to help organizations modernize, innovate, and thrive in real time. Visit this page for more information on how to join or contact partners@confluent.io. You can also learn more about Confluent's partner program in the announcement blog post.
About Confluent
Confluent is the data streaming platform that is pioneering a fundamentally new category of data infrastructure that sets data in motion. Confluent's cloud-native offering is the foundational platform for data in motion—designed to be the intelligent connective tissue enabling real-time data from multiple sources to constantly stream across an organization. With Confluent, organizations can meet the new business imperative of delivering rich, digital frontend customer experiences and transitioning to sophisticated, real-time, software-driven backend operations. To learn more, please visit www.confluent.io.
Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact could be deemed forward-looking, including, without limitation, statements regarding Confluent's plans with respect to future partner collaborations. These forward-looking statements are subject to known and unknown risks, uncertainties, assumptions, and other factors that may cause actual results or outcomes to be materially different from any future results or outcomes expressed or implied by the forward-looking statements, including those described from time to time in Confluent's filings with the Securities and Exchange Commission. Except as required by law, Confluent undertakes no obligation, and does not intend, to update these forward-looking statements.
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Palantir Technologies Inc. (NASDAQ:PLTR) today announced financial results for the second quarter ended June 30, 2025. 'This was a phenomenal quarter. We continue to see the astonishing impact of AI leverage. Our Rule of 40 score was 94%, once again obliterating the metric. Year-over-year growth in our U.S. business surged to 68%, and year-over-year growth in U.S. commercial climbed to 93%. We are guiding to the highest sequential quarterly revenue growth in our company's history, representing 50% year-over-year growth,' said Alex C. Karp, Co-Founder and Chief Executive Officer of Palantir Technologies. 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Adjusted income from operations of between $493 – $497 million. For full year 2025: We are raising our revenue guidance to between $4.142 – $4.150 billion. We are raising our U.S. commercial revenue guidance to in excess of $1.302 billion, representing a growth rate of at least 85%. We are raising our adjusted income from operations guidance to between $1.912 – $1.920 billion. We are raising our adjusted free cash flow guidance to between $1.8 – $2.0 billion. And we continue to expect GAAP operating income and net income in each quarter of this year. CEO Letter Palantir CEO Alex Karp's quarterly letter is available through Palantir's website at Earnings Webcast A live public webcast will be held at 3:00 PM MT / 5:00 PM ET today to discuss the results for our second quarter ended June 30, 2025 and financial outlook. The webcast can be accessed by registering online at A replay of the webcast will be available at following the event. An investor presentation, including supplemental financial information and reconciliations of certain non-GAAP measures to their nearest comparable GAAP measures, will be available through Palantir's Investor Relations website at Forward-Looking Statements This press release and statements on our earnings webcast contain 'forward-looking statements' within the meaning of the 'safe harbor' provisions of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding our financial outlook, product development and related timing, distribution, and pricing, expected benefits of and applications for our software platforms, business strategy, and plans (including strategy and plans relating to our Artificial Intelligence Platform ('AIP'), sales and marketing efforts, sales force, partnerships, and customers), investments in our business, market trends and market size, opportunities (including growth opportunities), our expectations regarding our existing and potential investments in, and commercial contracts with, various entities, our expectations regarding macroeconomic events, our expectations regarding our share repurchase program, and positioning. These forward-looking statements are made as of the date they were first issued and were based on current expectations, estimates, forecasts, and projections as well as the beliefs and assumptions of management. Words such as 'guidance,' 'expect,' 'anticipate,' 'should,' 'believe,' 'hope,' 'target,' 'project,' 'plan,' 'goals,' 'estimate,' 'potential,' 'predict,' 'may,' 'will,' 'might,' 'could,' 'intend,' 'shall,' and variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond our control. Our actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to risks detailed in our filings with the Securities and Exchange Commission (the 'SEC'), including in our Annual Report on Form 10-K for the fiscal year ended December 31, 2024 and other filings and reports that we may file from time to time with the SEC, including our Quarterly Report on Form 10-Q for the quarter ended June 30, 2025. In particular, the following factors, among others, could cause our results to differ materially from those expressed or implied by such forward-looking statements: our ability to successfully execute our business and growth strategy; the sufficiency of our available funds to meet our liquidity needs; the demand for our platforms, product offerings, and services in general; our ability to increase our number of new customers and revenue generated from customers; our ability to realize some or all of the total contract value of customer contracts as revenue, including any contractual options available to customers or contractual periods that are subject to termination for convenience provisions; our long and unpredictable sales cycle; our ability to successfully execute our channel sales and other strategic initiatives with third parties; our ability to retain and expand our customer base; the fluctuation of our results of operations and our key business measures on a quarterly basis in future periods; the seasonality of our business; the implementation process for our platforms, which may be complex and lengthy; our ability to successfully develop and deploy new technologies to address the needs of our existing or prospective customers; our ability to make our platforms and product offerings easier to install, consume, and use; our ability to maintain and enhance our brand and reputation; our ability to maintain and enhance our culture as our business grows and as we pursue our business and financial goals; news or social media coverage about us or our leadership, including but not limited to coverage that presents, enhances, or relies on, inaccurate, misleading, incomplete, or otherwise damaging information, misconceptions, or falsehoods; the impact of recent or future global macroeconomic and geopolitical events, such as the ongoing Russia-Ukraine, and Israel and broader Middle East conflicts, heightened interest rates, monetary policy changes, foreign currency fluctuations, or the potential or actual imposition of tariffs or other impacts on trade relations on the business and operations of our company or of our existing or prospective customers and partners; issues raised by the use of artificial intelligence in our platforms; and any breach or access to our or customer or third-party data. The forward-looking statements included in this press release represent our views as of the date of this press release. We anticipate that subsequent events and developments will cause our views to change. We undertake no intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. These forward-looking statements should not be relied upon as representing our views as of any date subsequent to the date of this press release. Past performance is not necessarily indicative of future results. Additional Definitions For the purpose of this press release, our earnings webcast, and our CEO's letter: Total contract value ('TCV') is the total potential lifetime value of contracts entered into with, or awarded by, our customers at the time of contract execution, annual contract value ('ACV') is defined as the total value of contracts closed in the period divided by the dollar-weighted average contract duration of those same contracts, and remaining deal value ('RDV') is the total remaining value of contracts as of the end of the reporting period. Except as noted below, TCV, ACV, and RDV each presume the exercise of all contract options available to our customers and no termination of contracts. However, the majority of our contracts are subject to termination provisions, including for convenience, and there can be no guarantee that contracts are not terminated or that contract options will be exercised. Further, RDV may exclude all or some portion of the value of certain commercial contracts as a result of our ongoing assessments of customers' financial condition, including the consideration of such customers' ability and intention to pay, and whether such contracts continue to meet the criteria for revenue recognition, among other factors. Remaining performance obligations ('RPO') reflect the total values of contracts that have been entered into with, or awarded by, our customers, and represent non-cancelable contracted revenue that has not yet been recognized, which includes deferred revenue and, in certain instances, amounts that will be invoiced. We have elected the practical expedient, as permitted under Accounting Standards Codification 606— Revenue from Contracts with Customers, to not disclose remaining performance obligations for contracts with original terms of twelve months or less. The term 'strategic commercial contracts' is as defined in our Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2025. 'Dollar-weighted duration basis' is the total value of contracts closed in the applicable period, divided by the dollar-weighted average contract duration of those same contracts. The term 'Rule of 40' refers to the sum of our revenue growth rate year-over-year and our adjusted operating margin for each of the periods presented. Non-GAAP Financial Measures This press release and the accompanying tables, as well as our earnings webcast, and our CEO's letter, contain the non-GAAP financial measures adjusted income from operations, which excludes stock-based compensation and related employer payroll taxes; adjusted operating margin; adjusted free cash flow; adjusted free cash flow margin; adjusted earnings before interest, taxes, depreciation, and amortization ('adjusted EBITDA'); adjusted EBITDA margin; adjusted net income attributable to common stockholders; and adjusted EPS, diluted. We believe these non-GAAP financial measures and other metrics described in this press release help us evaluate our business, identify trends affecting Palantir's business, formulate business plans and financial projections, and make strategic decisions. We exclude stock-based compensation, which is a non-cash expense, from these non-GAAP financial measures because we believe that excluding this item provides meaningful supplemental information regarding operational performance and provides useful information to investors and others in understanding and evaluating our operating results in the same manner as our management team. We exclude employer payroll taxes related to stock-based compensation as it is difficult to predict and outside of Palantir's control. Our definitions may differ from the definitions used by other companies and therefore comparability may be limited. In addition, other companies may not publish these or similar metrics. Further, these metrics have certain limitations as they do not include the impact of certain expenses that are reflected in our consolidated statements of operations. For example, adjusted free cash flow does not reflect our future contractual commitments or the total increase or decrease in our cash balances for a given period. Thus, our non-GAAP financial measures should be considered in addition to, not as a substitute for, or in isolation from, measures prepared in accordance with GAAP. We compensate for these limitations by providing a reconciliation of each of these non-GAAP measures to the most comparable GAAP measure. We encourage investors and others to review our business, results of operations, and financial information in their entirety, not to rely on any single financial measure, and to view these non-GAAP measures in conjunction with the most directly comparable GAAP financial measure. A reconciliation table of the most comparable GAAP financial measure to each non-GAAP financial measure used in this press release is included at the end of this release. A reconciliation of non-GAAP guidance measures to corresponding GAAP measures is not available on a forward-looking basis without unreasonable effort due to the uncertainty regarding, and the potential variability of, reconciling items that may be incurred in the future, such as stock-based compensation and related employer payroll taxes, the effect of which may be significant. Available Information Palantir uses its Investor Relations website at as a means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD. Accordingly, investors should monitor Palantir's Investor Relations website, in addition to following our press releases, SEC filings, public conference calls, and webcasts. About Palantir Technologies Inc. Foundational software of tomorrow. Delivered today. Additional information is available at (1) Includes stock-based compensation expense as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2025 2024 2025 2024 Cost of revenue $ 14,973 $ 12,402 $ 29,989 $ 22,818 Sales and marketing 56,040 48,314 108,553 90,470 Research and development 32,068 29,943 63,902 56,817 General and administrative 56,890 51,105 112,866 97,310 Total stock-based compensation $ 159,971 $ 141,764 $ 315,310 $ 267,415 Palantir Technologies Inc. Condensed Consolidated Balance Sheets (in thousands) (unaudited) As of June 30, As of December 31, 2025 2024 Assets Current assets: Cash and cash equivalents $ 929,547 $ 2,098,524 Marketable securities 5,070,875 3,131,463 Accounts receivable, net 747,484 575,048 Prepaid expenses and other current assets 142,487 129,254 Total current assets 6,890,393 5,934,289 Property and equipment, net 43,523 39,638 Operating lease right-of-use assets 203,474 200,740 Other assets 228,298 166,217 Total assets $ 7,365,688 $ 6,340,884 Liabilities and Equity Current liabilities: Accounts payable $ 10,774 $ 103 Accrued liabilities 393,623 427,046 Deferred revenue 376,784 259,624 Customer deposits 262,994 265,252 Operating lease liabilities 45,465 43,993 Total current liabilities 1,089,640 996,018 Deferred revenue, noncurrent 44,638 39,885 Customer deposits, noncurrent 1,491 1,663 Operating lease liabilities, noncurrent 192,347 195,226 Other noncurrent liabilities 12,008 13,685 Total liabilities 1,340,124 1,246,477 Palantir's stockholders' equity: Common stock 2,372 2,339 Additional paid-in capital 10,568,473 10,193,970 Accumulated other comprehensive income (loss), net 4,721 (5,611 ) Accumulated deficit (4,646,665 ) (5,187,423 ) Total Palantir's stockholders' equity 5,928,901 5,003,275 Noncontrolling interests 96,663 91,132 Total equity 6,025,564 5,094,407 Total liabilities and equity $ 7,365,688 $ 6,340,884 Palantir Technologies Inc. Condensed Consolidated Statements of Cash Flows (in thousands) (unaudited) Six Months Ended June 30, 2025 2024 Operating activities Net income $ 546,289 $ 241,641 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization 13,152 16,494 Stock-based compensation 315,310 267,415 Unrealized and realized (gain) loss from marketable securities, net (452 ) 20,042 Noncash consideration (24,441 ) (26,484 ) Other operating activities 26,533 11,351 Changes in operating assets and liabilities: Accounts receivable, net (163,501 ) (298,311 ) Prepaid expenses and other assets (7,307 ) 2,797 Accounts payable and accrued liabilities 48,202 22,824 Contract liabilities 120,666 33,269 Other liabilities (24,937 ) (17,272 ) Net cash provided by operating activities 849,514 273,766 Investing activities Purchases of property and equipment (13,818 ) (5,543 ) Purchases of marketable securities (2,576,231 ) (1,784,115 ) Proceeds from sales and redemption of marketable securities 652,762 1,133,535 Purchases of privately-held securities (70,000 ) (4,000 ) Net cash used in investing activities (2,007,287 ) (660,123 ) Financing activities Proceeds from the exercise of common stock options 95,201 99,870 Repurchases of common stock (36,594 ) (26,699 ) Taxes paid related to net share settlement of equity awards (81,117 ) — Other financing activities 63 102 Net cash provided by (used in) financing activities (22,447 ) 73,273 Effect of foreign exchange on cash, cash equivalents, and restricted cash 11,518 (4,948 ) Net decrease in cash, cash equivalents, and restricted cash (1,168,702 ) (318,032 ) Cash, cash equivalents, and restricted cash - beginning of period 2,119,936 850,107 Cash, cash equivalents, and restricted cash - end of period $ 951,234 $ 532,075 Three Months Ended June 30, 2025 2024 Net cash provided by operating activities $ 539,251 $ 144,187 Add: cash paid for employer payroll taxes related to stock-based compensation 37,152 7,352 Less: purchases of property and equipment (7,634 ) (2,879 ) Adjusted free cash flow $ 568,769 $ 148,660 Adjusted free cash flow margin 57 % 22 % Adjusted EBITDA and Adjusted EBITDA Margin (in thousands, except percentages) Three Months Ended June 30, 2025 Net income attributable to common stockholders $ 326,727 Add: net income attributable to noncontrolling interests 1,845 Less: interest income (56,255 ) Add: other (income) expense, net (6,596 ) Add: provision for income taxes 3,596 Add: depreciation and amortization 6,530 Add: stock-based compensation 159,971 Add: employer payroll taxes related to stock-based compensation 35,097 Adjusted EBITDA $ 470,915 Adjusted EBITDA margin 47 % Adjusted Net Income Attributable to Common Stockholders and Adjusted Earnings Per Share, Diluted (in thousands, except per share amounts) Three Months Ended June 30, 2025 Net income attributable to common stockholders $ 326,727 Add: stock-based compensation 159,971 Add: employer payroll taxes related to stock-based compensation 35,097 Less: income tax effects and adjustments (1) (117,244 ) Adjusted net income attributable to common stockholders $ 404,551 Weighted-average shares used in computing GAAP earnings per share, diluted 2,562,912 Weighted-average shares used in computing adjusted earnings per share, diluted 2,562,912 Adjusted earnings per share, diluted $ 0.16
