cust.co / NRR Benchmark / AI Infrastructure

AI Infrastructure NRR Benchmark

Net Revenue Retention across 14 ai infrastructure companies in the cust.co dataset, aggregated across all funding stages and ACV bands.

Latest median NRR · FY-2026
112.5%
up +2.4pp QoQ · down -45.5pp YoY
14 companies
128 verified disclosures
P25–P75: 105% – 123%

NRR over time - vertical-wide

80%100%120%140%160%180% 100% 2019-Q22021-Q32022-Q22024-Q42026-Q1FY23-Q4FY26 Median NRR (vertical) Shaded area: 25th–75th percentile range across contributing companies 2019-Q2 - 136% (FSLY) 2020-Q1 - 131% (DOCN, SNOW) 2020-Q2 - 137% (FSLY) 2020-Q3 - 147% (FSLY) 2020-Q4 - 140% (FSLY, SNOW) 2021-Q1 - 138% (DOCN, SNOW) 2021-Q3 - 136% (DOCN, SNOW) 2021-Q2 - 168% (SNOW) 2022-Q1 - 142% (DOCN, SNOW) 2021-Q4 - 173% (SNOW) 2022-Q3 - 142% (DOCN, SNOW) 2022-Q4 - 122% (FSLY) 2022-Q2 - 174% (SNOW) 2023-Q1 - 119% (DOCN, FSLY) 2023-Q3 - 112% (DOCN) 2023-Q4 - 114% (BLZE, ESTC, BASE, CRWV) 2024-Q1 - 112% (DOCN, FSLY, BLZE) 2024-Q2 - 112% (DOCN, BLZE, FSLY, SOUN, SNOW, DOMO) 2024-Q4 - 111% (DOCN, FSLY, SNOW, DOMO, NTNX, ESTC, MDB, BASE, PLTR, BLZE) 2025-Q1 - 111% (FSLY, SNOW, MDB, NTNX, DOMO, PSTG, ESTC, BASE, DOCN, BLZE, PLTR, CFLT) 2024-Q3 - 115% (SNOW, DOMO, BASE, DOCN, BLZE, FSLY, PLTR) 2025-Q4 - 112% (DOCN, SNOW, MDB, NTNX, ESTC, CRWV, BLZE, FSLY, PLTR) 2025-Q2 - 109% (SNOW, MDB, NTNX, DOCN, FSLY, SOUN, PLTR, DOMO, BLZE) 2025-Q3 - 110% (DOMO, MDB, NTNX, ESTC, BASE, DOCN, BLZE, FSLY, PLTR, SNOW) 2026-Q1 - 113% (DOMO, SNOW, MDB, NTNX, ESTC, BLZE, PLTR, DOCN, FSLY, CRWV) 2026-Q2 - 114% (SNOW, NTNX, MDB, DOMO) 2028-Q1 - 100% (FSLY) FY-2020 - 123% (FSLY) FY-2021 - 168% (SNOW) FY-2022 - 178% (SNOW) FY2023-Q4 - 158% (SNOW) FY-2023 - 109% (BLZE) FY-2024 - 102% (DOMO, DOCN, NTNX, FSLY, BLZE) FY-2025 - 110% (SNOW, DOMO, BASE, PSTG, DOCN, FSLY, BLZE) FY-2026 - 113% (PSTG, SNOW, DOMO, ESTC) 178% peak 113% P25–P75 spread
2019-Q2 → FY-2026

Each point is the median across all ai infrastructure companies that disclosed in that period. Shaded area = 25th-75th percentile range.

Cells in this vertical

3 (stage × ACV band) cells with verified data. Click a row to drill into peer-cell distribution + top performers.

StageACV bandLatest medianHistorySample
Public $500K+ ACV 126% FY2020-Q4: 160%FY2021-Q3: 160%FY-2021: 168%FY2021-Q4: 168%FY2022-Q1: 168%FY2022-Q2: 169%FY2022-Q3: 173%FY2022-Q4: 177%FY-2022: 178%FY2023-Q1: 174%FY2023-Q2: 171%FY2023-Q4: 130%FY2025-Q1: 114%FY2025-Q2: 128%FY2024-Q3: 118%FY2025-Q3: 131%FY2024-Q4: 63%FY2025-Q4: 133%FY-2025: 121%FY2026-Q1: 150%FY2026-Q2: 125%FY2026-Q3: 125%FY-2026: 119%FY2026-Q4: 125%FY2027-Q1: 126% 5 co · 37 obs View →
Public $100K-$500K ACV 108.3% FY2024-Q2: 116%FY2024-Q3: 115%FY-2024: 109%FY2025-Q1: 99%FY2025-Q2: 110%FY2025-Q3: 112%FY2025-Q4: 112%FY-2025: 102%FY2026-Q1: 111%FY2026-Q2: 112%FY2026-Q3: 112%FY2026-Q4: 109%FY-2026: 103%FY2027-Q1: 108% 6 co · 41 obs View →
Public Under $5K ACV 98% FY2020-Q1: 101%FY2021-Q1: 107%FY2021-Q3: 103%FY2022-Q1: 107%FY2022-Q3: 113%FY2023-Q1: 117%FY2023-Q3: 112%FY2023-Q4: 123%FY-2023: 109%FY2024-Q1: 108%FY2024-Q2: 106%FY2024-Q3: 108%FY2024-Q4: 107%FY-2024: 107%FY2025-Q1: 102%FY2025-Q2: 104%FY2025-Q3: 102%FY2025-Q4: 105%FY-2025: 102%FY2026-Q1: 98% 2 co · 31 obs View →

Companies in this vertical

14 verified companies. Showing top 12 alphabetically.

Backblaze BLZE
95%
Public · Under $5K ACV
FY2023-Q4: 123%FY-2023: 109%FY2024-Q1: 112%FY2024-Q2: 114%FY2024-Q3: 118%FY-2024: 116%FY2024-Q4: 116%FY2025-Q1: 105%FY2025-Q2: 109%FY2025-Q3: 106%FY-2025: 105%FY2025-Q4: 111%FY2026-Q1: 95%
Confluent CFLT
114%
Public · $500K+ ACV
CoreWeave CRWV
155%
Public · $500K+ ACV
FY2023-Q4: 102%FY2025-Q4: 168%FY2026-Q1: 155%
Couchbase BASE
115%
Public · $100K-$500K ACV
FY2024-Q3: 115%FY2025-Q2: 115%FY2025-Q3: 115%FY2025-Q4: 115%FY-2025: 115%FY2026-Q2: 115%
DigitalOcean DOCN
101%
Public · Under $5K ACV
FY2020-Q1: 101%FY2021-Q1: 107%FY2021-Q3: 103%FY2022-Q1: 107%FY2022-Q3: 113%FY2023-Q1: 117%FY2023-Q3: 112%FY2024-Q1: 104%FY2024-Q2: 97%FY2024-Q3: 97%FY2024-Q4: 97%FY-2024: 98%FY2025-Q1: 100%FY2025-Q2: 99%FY2025-Q3: 99%FY2025-Q4: 98%FY-2025: 100%FY2026-Q1: 101%
Domo DOMO
95.5%
Public · $100K-$500K ACV
FY-2024: 96%FY2025-Q1: 88%FY2025-Q2: 94%FY2025-Q3: 106%FY2025-Q4: 91%FY-2025: 89%FY2026-Q1: 91%FY2026-Q2: 108%FY2026-Q4: 96%FY-2026: 94%FY2027-Q1: 96%
Elastic ESTC
112%
Public · $100K-$500K ACV
FY2024-Q2: 112%FY2025-Q2: 112%FY2025-Q3: 112%FY2026-Q1: 112%FY2026-Q2: 112%FY2026-Q3: 112%FY-2026: 112%
Fastly FSLY
100%
Public · $25K-$100K ACV
FY2019-Q2: 136%FY2020-Q2: 137%FY2020-Q3: 147%FY2020-Q4: 121%FY-2020: 123%FY2022-Q4: 122%FY2023-Q1: 120%FY2024-Q1: 114%FY2024-Q2: 110%FY2024-Q3: 105%FY2024-Q4: 99%FY-2024: 102%FY2025-Q1: 110%FY2025-Q2: 104%FY2025-Q3: 106%FY-2025: 110%FY2025-Q4: 110%FY2026-Q1: 113%FY2028-Q1: 100%
MongoDB MDB
121%
Public · $100K-$500K ACV
FY2025-Q3: 120%FY2025-Q4: 119%FY2026-Q1: 119%FY2026-Q2: 119%FY2026-Q3: 120%FY2026-Q4: 121%FY2027-Q1: 121%
Nutanix NTNX
106%
Public · $100K-$500K ACV
FY-2024: 121%FY2025-Q1: 110%FY2025-Q2: 110%FY2025-Q3: 110%FY2025-Q4: 108%FY2026-Q1: 109%FY2026-Q2: 107%FY2026-Q3: 106%
Palantir PLTR
150%
Public · $500K+ ACV
FY2024-Q3: 118%FY2024-Q4: 63%FY2025-Q1: 66%FY2025-Q2: 128%FY2025-Q3: 134%FY2025-Q4: 139%FY2026-Q1: 150%
Pure Storage PSTG
113%
Public · $500K+ ACV
FY-2025: 117%FY2025-Q4: 117%FY-2026: 113%

See all 14 ai infrastructure companies →

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