cust.co / NRR Benchmark / Security

Security NRR Benchmark

Net Revenue Retention across 11 security companies in the cust.co dataset, aggregated across all funding stages and ACV bands.

Latest median NRR · FY-2026
106%
down -0.5pp QoQ · down -18pp YoY
11 companies
146 verified disclosures
P25–P75: 106% – 120%

NRR over time - vertical-wide

90%100%110%120%130% 100% 2018-Q22020-Q32021-Q42024-Q12025-Q3FY20FY26 Median NRR (vertical) Shaded area: 25th–75th percentile range across contributing companies 2018-Q2 - 125% (ZS) 2019-Q1 - 116% (NET, VRNS, CRWD) 2019-Q2 - 122% (NET) 2019-Q3 - 120% (NET, ZS, OKTA) 2019-Q4 - 110% (TENB) 2020-Q1 - 117% (NET) 2020-Q2 - 115% (NET, VRNS, OKTA) 2020-Q3 - 119% (NET, ZS, CRWD, OKTA) 2020-Q4 - 115% (TENB, CRWD) 2021-Q1 - 121% (NET, CRWD) 2021-Q2 - 120% (NET, TENB, CRWD, OKTA, S) 2021-Q3 - 122% (NET, TENB, CRWD, OKTA, S) 2022-Q1 - 127% (NET) 2022-Q2 - 117% (TENB, CRWD, OKTA) 2021-Q4 - 100% (CRWD) 2022-Q3 - 118% (TENB, OKTA, S) 2023-Q1 - 120% (TENB, ZS, CRWD) 2023-Q2 - 125% (ZS, CRWD, OKTA, S) 2022-Q4 - 125% (OKTA, S) 2023-Q3 - 125% (ZS, OKTA, S) 2023-Q4 - 117% (ZS, OKTA) 2024-Q1 - 109% (TENB, NET, OSPN) 2024-Q2 - 112% (TENB, ZS, NET, QLYS, OSPN, CRWD, OKTA) 2024-Q3 - 108% (ZS, NET, TENB, CLBT, QLYS, OSPN, OKTA) 2024-Q4 - 107% (ZS, CRWD, OKTA, NET, OSPN, VRNS, TENB, QLYS) 2025-Q1 - 109% (CRWD, ZS, NET, QLYS, OSPN, TENB, OKTA, S) 2025-Q2 - 107% (ZS, OKTA, TENB, NET, QLYS, OSPN) 2025-Q2025 - 114% (NET) 2025-Q3 - 106% (ZS, OKTA, PANW, NET, TENB, QLYS, OSPN) 2025-Q4 - 107% (S, QLYS, ZS, OKTA, NET, TENB, OSPN, VRNS) 2026-Q1 - 108% (OKTA, PANW, S, TENB, OSPN, QLYS, NET, CRWD) 2026-Q2 - 113% (ZS, OKTA, S, PANW) 2027-Q2 - 110% (S) FY-2018 - 117% (ZS) FY-2019 - 118% (ZS) FY-2020 - 113% (ZS, TENB) FY-2021 - 122% (ZS, TENB) FY-2022 - 124% (CRWD, ZS, OKTA, S, TENB) FY-2023 - 116% (ZS, TENB) FY-2024 - 108% (OKTA, ZS, TENB, QLYS, OSPN) FY-2025 - 107% (OKTA, CRWD, ZS, OSPN, TENB, QLYS) FY-2026 - 106% (OKTA) 127% peak 106% P25–P75 spread
2018-Q2 → FY-2026

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

Cells in this vertical

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

StageACV bandLatest medianHistorySample
Public $100K-$500K ACV 107% FY2018-Q3: 125%FY-2018: 117%FY2019-Q1: 116%FY2019-Q4: 110%FY-2019: 118%FY2020-Q2: 105%FY-2020: 116%FY2020-Q4: 122%FY2021-Q1: 119%FY2021-Q2: 114%FY2021-Q3: 120%FY2021-Q4: 120%FY-2021: 127%FY2022-Q1: 121%FY2022-Q2: 121%FY2022-Q3: 100%FY-2022: 124%FY2023-Q1: 119%FY2023-Q2: 120%FY2023-Q3: 120%FY2023-Q4: 123%FY-2023: 121%FY2024-Q1: 125%FY2024-Q2: 110%FY2024-Q3: 116%FY-2024: 114%FY2024-Q4: 111%FY2025-Q1: 114%FY2025-Q3: 114%FY-2025: 112%FY2025-Q4: 111%FY2025-Q2: 111%FY2026-Q1: 111%FY2026-Q2: 106%FY2026-Q3: 111%FY2026-Q4: 111%FY-2026: 106%FY2027-Q1: 107% 5 co · 68 obs View →
Public $25K-$100K ACV 110% FY2024-Q1: 112%FY2025-Q2025: 114%FY2019-Q1: 118%FY2019-Q2: 122%FY2019-Q3: 121%FY2019-Q4: 110%FY2020-Q1: 117%FY2020-Q2: 115%FY2020-Q3: 116%FY2020-Q4: 110%FY-2020: 110%FY2021-Q1: 123%FY2021-Q2: 117%FY2021-Q3: 119%FY-2021: 117%FY2022-Q1: 112%FY2022-Q2: 120%FY2022-Q3: 118%FY-2022: 123%FY2023-Q1: 118%FY2023-Q2: 124%FY2023-Q3: 135%FY-2023: 111%FY2024-Q2: 112%FY2024-Q3: 107%FY-2024: 106%FY2024-Q4: 107%FY2025-Q4: 108%FY2025-Q1: 108%FY2025-Q2: 106%FY2025-Q3: 105%FY2026-Q3: 79%FY-2025: 104%FY2026-Q4: 109%FY2026-Q1: 105%FY2027-Q1: 110%FY2028-Q1: 110% 5 co · 75 obs View →

Companies in this vertical

11 verified companies. Showing top 11 alphabetically.

Cellebrite CLBT
116%
Public · $100K-$500K ACV
Cloudflare NET
118%
Public · $25K-$100K ACV
FY2025-Q2025: 114%FY2019-Q1: 118%FY2019-Q2: 122%FY2019-Q3: 121%FY2020-Q1: 117%FY2020-Q2: 115%FY2020-Q3: 116%FY2021-Q1: 123%FY2021-Q2: 124%FY2021-Q3: 124%FY2022-Q1: 127%FY2024-Q1: 115%FY2024-Q2: 112%FY2024-Q3: 110%FY2024-Q4: 111%FY2025-Q1: 111%FY2025-Q2: 114%FY2025-Q3: 119%FY2025-Q4: 120%FY2026-Q1: 118%
CrowdStrike CRWD
115%
Public · $100K-$500K ACV
FY2019-Q4: 100%FY2021-Q2: 104%FY2021-Q3: 120%FY2021-Q4: 120%FY2022-Q1: 120%FY2022-Q2: 120%FY2022-Q3: 100%FY-2022: 124%FY2023-Q1: 120%FY2023-Q4: 120%FY2024-Q1: 125%FY2025-Q1: 119%FY2025-Q3: 115%FY-2025: 112%FY2025-Q4: 112%FY2026-Q4: 115%
Okta OKTA
107%
Public · $100K-$500K ACV
FY2020-Q2: 120%FY2021-Q1: 119%FY2021-Q2: 124%FY2022-Q1: 121%FY2022-Q2: 122%FY-2022: 124%FY2023-Q1: 117%FY2023-Q2: 115%FY2023-Q3: 115%FY2024-Q1: 111%FY2024-Q2: 110%FY2024-Q3: 108%FY-2024: 111%FY2025-Q3: 106%FY2025-Q1: 106%FY2025-Q4: 106%FY-2025: 107%FY2026-Q1: 106%FY2025-Q2: 106%FY2026-Q2: 106%FY2026-Q3: 106%FY-2026: 106%FY2026-Q4: 106%FY2027-Q1: 107%
OneSpan OSPN
105%
Public · $25K-$100K ACV
FY2024-Q1: 107%FY2024-Q2: 112%FY2024-Q3: 106%FY2024-Q4: 106%FY-2024: 106%FY2025-Q1: 107%FY2025-Q2: 101%FY2025-Q3: 103%FY-2025: 104%FY2025-Q4: 104%FY2026-Q1: 105%
Palo Alto Networks PANW
120%
Public · $500K+ ACV
FY2025-Q4: 120%FY2026-Q2: 119%FY2026-Q3: 120%
Qualys QLYS
104%
Public · $25K-$100K ACV
FY2024-Q2: 102%FY2024-Q3: 103%FY-2024: 103%FY2024-Q4: 103%FY2025-Q1: 103%FY2025-Q2: 104%FY2025-Q3: 104%FY2025-Q4: 103%FY-2025: 103%FY2026-Q1: 104%
SentinelOne S
110%
Public · $25K-$100K ACV
FY2022-Q1: 97%FY2022-Q2: 129%FY-2022: 129%FY2023-Q2: 124%FY2023-Q3: 135%FY2024-Q1: 130%FY2024-Q2: 130%FY2025-Q4: 110%FY2026-Q3: 79%FY2026-Q4: 109%FY2027-Q1: 110%FY2028-Q1: 110%
Tenable TENB
105%
Public · $25K-$100K ACV
FY2019-Q4: 110%FY2020-Q4: 110%FY-2020: 110%FY2021-Q2: 110%FY2021-Q3: 113%FY-2021: 117%FY2022-Q2: 110%FY2022-Q3: 118%FY-2022: 117%FY2023-Q1: 118%FY-2023: 111%FY2024-Q1: 109%FY2024-Q2: 111%FY2024-Q3: 108%FY-2024: 108%FY2024-Q4: 108%FY2025-Q1: 108%FY2025-Q2: 107%FY2025-Q3: 106%FY-2025: 106%FY2025-Q4: 108%FY2026-Q1: 105%
Varonis VRNS
110%
Public · $100K-$500K ACV
FY2019-Q1: 116%FY2020-Q2: 90%FY2024-Q4: 105%FY2025-Q4: 110%
Zscaler ZS
115%
Public · $100K-$500K ACV
FY2018-Q3: 125%FY-2018: 117%FY-2019: 118%FY2019-Q4: 120%FY-2020: 116%FY2020-Q4: 122%FY-2021: 127%FY-2022: 125%FY2023-Q2: 125%FY2023-Q3: 125%FY2023-Q4: 125%FY-2023: 121%FY2024-Q1: 125%FY2024-Q3: 116%FY-2024: 116%FY2024-Q4: 116%FY2025-Q1: 114%FY2025-Q2: 115%FY2025-Q3: 114%FY2025-Q4: 114%FY-2025: 114%FY2026-Q1: 115%FY2026-Q3: 115%

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