cust.co / Compare / Nutanix vs Confluent

Nutanix vs Confluent - 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.

Confluent leads by +8pp on latest NRR (114% vs 106%).

NRR over time

104%109%114%118%123% FY-2024FY2025-Q1FY2025-Q2FY2025-Q3FY2025-Q4FY2026-Q1FY2026-Q2FY2026-Q3 NRR Nutanix Confluent Nutanix - FY-2024: 121% Nutanix - FY2025-Q1: 110% Nutanix - FY2025-Q2: 110% Nutanix - FY2025-Q3: 110% Nutanix - FY2025-Q4: 108% Nutanix - FY2026-Q1: 109% Nutanix - FY2026-Q2: 107% Nutanix - FY2026-Q3: 106% Confluent - FY2025-Q1: 114%

Nutanix hit a higher all-time peak (121% in FY-2024).

Stat-by-stat

Metric Nutanix Confluent
Latest NRR 106% 114%
All-time peak NRR 121% 114%
All-time low NRR 106% 114%
QoQ change -1pp -
YoY change -4pp -
3-year change - -
Disclosures tracked 8 1

Customer cohorts

MetricNutanixConfluent
Total customers 26,330 6,140
Over $100K ARR - 1,412
Over $1M ARR 148 -
Top-10 concentration - -
Average ACV - -
US revenue mix 57% 58%

Commercial structure

MetricNutanixConfluent
Total RPO $2.0B $1.0B
Current RPO (12mo) $2.9B $620M
Multi-year contracts - -
Avg contract length 41 mo -
Subscription rev mix 94% 96%
New customers added 700 -

Post-sales motion

MetricNutanixConfluent
CS team size - -
Customers per CSM - -
Pricing model subscription hybrid
Renewal cadence multi-year annual
CSM coverage model hybrid -
Top customer exec - -

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