cust.co / Compare / Palantir vs Confluent

Palantir 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.

Palantir leads by +36pp on latest NRR (150% vs 114%).

NRR over time

50%78%107%135%163% FY2024-Q3FY2024-Q4FY2025-Q1FY2025-Q2FY2025-Q3FY2025-Q4FY2026-Q1 NRR Palantir Confluent Palantir - FY2024-Q3: 118% Palantir - FY2024-Q4: 63% Palantir - FY2025-Q1: 66% Palantir - FY2025-Q2: 128% Palantir - FY2025-Q3: 134% Palantir - FY2025-Q4: 139% Palantir - FY2026-Q1: 150% Confluent - FY2025-Q1: 114%

Palantir hit a higher all-time peak (150% in FY2026-Q1).

Stat-by-stat

Metric Palantir Confluent
Latest NRR 150% 114%
All-time peak NRR 150% 114%
All-time low NRR 63% 114%
QoQ change +11pp -
YoY change +84pp -
3-year change - -
Disclosures tracked 7 1

Customer cohorts

MetricPalantirConfluent
Total customers 1,007 6,140
Over $100K ARR - 1,412
Over $1M ARR 157 -
Top-10 concentration - -
Average ACV - -
US revenue mix 78.5% 58%

Commercial structure

MetricPalantirConfluent
Total RPO $4.5B $1.0B
Current RPO (12mo) - $620M
Multi-year contracts - -
Avg contract length - -
Subscription rev mix - 96%
New customers added - -

Post-sales motion

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

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