cust.co / Compare / DigitalOcean vs CoreWeave

DigitalOcean vs CoreWeave - 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.

CoreWeave leads by +54pp on latest NRR (155% vs 101%).

NRR over time

86%109%133%156%179% FY2020-Q1FY2022-Q1FY2023-Q3FY2024-Q3FY2025-Q1FY2025-Q4FY2023-Q4 NRR DigitalOcean CoreWeave 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% CoreWeave - FY2025-Q4: 168% CoreWeave - FY2026-Q1: 155% CoreWeave - FY2023-Q4: 102%

CoreWeave hit a higher all-time peak (168% in FY2025-Q4).

Stat-by-stat

Metric DigitalOcean CoreWeave
Latest NRR 101% 155%
All-time peak NRR 117% 168%
All-time low NRR 97% 102%
QoQ change +1pp -13pp
YoY change +2pp -
3-year change +0pp -
Disclosures tracked 18 3

Customer cohorts

MetricDigitalOceanCoreWeave
Total customers 21,577 -
Over $100K ARR 626 142
Over $1M ARR 41 -
Top-10 concentration - -
Average ACV $116 -
US revenue mix 38% 94.6%

Commercial structure

MetricDigitalOceanCoreWeave
Total RPO $243M $7.5B
Current RPO (12mo) $167M $2.1B
Multi-year contracts - -
Avg contract length - 60 mo
Subscription rev mix - 98%
New customers added - -

Post-sales motion

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

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