Which has higher NRR - Snowflake or Elastic?

As of their most recent disclosures, Snowflake has higher NRR (125.0% vs 112.0%) - a difference of +13.0pp.

Which had the higher all-time NRR peak?

Snowflake hit 178.0% in FY-2022 versus Elastic's peak of 112.0% in FY2024-Q2.

cust.co / Compare / Snowflake vs Elastic

Snowflake vs Elastic - 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.

Snowflake (SNOW)

125.0%

FY2026-Q4 · AI Infrastructure

Elastic (ESTC)

112.0%

FY2026-Q3 · AI Infrastructure

Snowflake leads by +13.0pp on latest NRR (125.0% vs 112.0%).

NRR over time

Snowflake hit a higher all-time peak (178.0% in FY-2022).

Stat-by-stat

Metric	Snowflake	Elastic
Latest NRR	125.0%	112.0%
All-time peak NRR	178.0%	112.0%
All-time low NRR	124.0%	112.0%
QoQ change	+0.0pp	+0.0pp
YoY change	+1.0pp	+0.0pp
3-year change	-35.0pp	-
Disclosures tracked	22	7

How does your NRR stack up?

Compute yours in 30 seconds. Free percentile + shareable badge.

Open the calculator →