cust.co / Compare / DigitalOcean vs Backblaze

DigitalOcean vs Backblaze - NRR head-to-head

Side-by-side Net Revenue Retention comparison sourced from SEC filings and earnings releases. Both compete in AI Infrastructure. Both at Public stage.

DigitalOcean leads by +6pp on latest NRR (101% vs 95%).

NRR over time

91%100%109%118%127% FY2020-Q1FY2022-Q1FY2023-Q3FY2024-Q3FY2025-Q1FY2025-Q4FY2023-Q4FY-2023 NRR DigitalOcean Backblaze DigitalOcean - FY2020-Q1: 101% DigitalOcean - FY2021-Q1: 107% DigitalOcean - FY2021-Q3: 103% DigitalOcean - FY2022-Q1: 107% DigitalOcean - FY2022-Q3: 113% DigitalOcean - FY2023-Q1: 117% DigitalOcean - FY2023-Q3: 112% DigitalOcean - FY2024-Q1: 104% DigitalOcean - FY2024-Q2: 97% DigitalOcean - FY2024-Q3: 97% DigitalOcean - FY2024-Q4: 97% DigitalOcean - FY-2024: 98% DigitalOcean - FY2025-Q1: 100% DigitalOcean - FY2025-Q2: 99% DigitalOcean - FY2025-Q3: 99% DigitalOcean - FY2025-Q4: 98% DigitalOcean - FY-2025: 100% DigitalOcean - FY2026-Q1: 101% Backblaze - FY2024-Q1: 112% Backblaze - FY2024-Q2: 114% Backblaze - FY2024-Q3: 118% Backblaze - FY2024-Q4: 116% Backblaze - FY-2024: 116% Backblaze - FY2025-Q1: 105% Backblaze - FY2025-Q2: 109% Backblaze - FY2025-Q3: 106% Backblaze - FY2025-Q4: 111% Backblaze - FY-2025: 105% Backblaze - FY2026-Q1: 95% Backblaze - FY2023-Q4: 123% Backblaze - FY-2023: 109%

Backblaze hit a higher all-time peak (123% in FY2023-Q4). Over 3 years, DigitalOcean is flat +0pp; Backblaze is down -28pp.

Stat-by-stat

Metric DigitalOcean Backblaze
Latest NRR 101% 95%
All-time peak NRR 117% 123%
All-time low NRR 97% 95%
QoQ change +1pp -16pp
YoY change +2pp -14pp
3-year change +0pp -28pp
Disclosures tracked 18 13

Customer cohorts

MetricDigitalOceanBackblaze
Total customers 21,577 119,000
Over $100K ARR 626 -
Over $1M ARR 41 -
Top-10 concentration - -
Average ACV $116 $307
US revenue mix 38% 72%

Commercial structure

MetricDigitalOceanBackblaze
Total RPO $243M $66M
Current RPO (12mo) $167M -
Multi-year contracts - -
Avg contract length - 108 mo
Subscription rev mix - -
New customers added - 12,000

Post-sales motion

MetricDigitalOceanBackblaze
CS team size - -
Customers per CSM - -
Pricing model hybrid hybrid
Renewal cadence consumption annual
CSM coverage model hybrid account-named
Top customer exec - -

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