Which has higher NRR - Backblaze or Nutanix?

As of their most recent disclosures, Nutanix has higher NRR (107.0% vs 95.0%) - a difference of +12.0pp.

Which had the higher all-time NRR peak?

Backblaze hit 123.0% in FY2023-Q4 versus Nutanix's peak of 121.0% in FY-2024.

cust.co / Compare / Backblaze vs Nutanix

Backblaze vs Nutanix - 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.

Backblaze (BLZE)

95.0%

FY2026-Q1 · AI Infrastructure

Nutanix (NTNX)

107.0%

FY2026-Q2 · AI Infrastructure

Nutanix leads by +12.0pp on latest NRR (107.0% vs 95.0%).

NRR over time

Backblaze hit a higher all-time peak (123.0% in FY2023-Q4).

Stat-by-stat

Metric	Backblaze	Nutanix
Latest NRR	95.0%	107.0%
All-time peak NRR	123.0%	121.0%
All-time low NRR	95.0%	107.0%
QoQ change	-16.0pp	-2.0pp
YoY change	-14.0pp	-3.0pp
3-year change	-28.0pp	-
Disclosures tracked	13	7

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