cust.co / Compare / Backblaze vs Confluent

Backblaze 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.

Confluent leads by +11pp on latest NRR (114% vs 103%).

NRR over time

100%107%113%120%126% FY2023-Q4FY2024-Q1FY2024-Q3FY2024-Q4FY2025-Q2FY2025-Q4FY2026-Q2FY-2025 NRR Backblaze Confluent Backblaze - FY2023-Q4: 123% Backblaze - FY-2023: 109% Backblaze - FY2024-Q1: 112% Backblaze - FY2024-Q2: 114% Backblaze - FY2024-Q3: 118% Backblaze - FY-2024: 116% Backblaze - FY2024-Q4: 116% Backblaze - FY2025-Q1: 105% Backblaze - FY2025-Q2: 109% Backblaze - FY2025-Q3: 106% Backblaze - FY2025-Q4: 105% Backblaze - FY2026-Q1: 103% Backblaze - FY2026-Q2: 103% Confluent - FY2025-Q1: 114% Confluent - FY2025-Q3: 114% Confluent - FY-2025: 114%

Backblaze hit a higher all-time peak (123% in FY2023-Q4).

Stat-by-stat

Metric Backblaze Confluent
Latest NRR 103% 114%
All-time peak NRR 123% 114%
All-time low NRR 103% 114%
QoQ change +0pp +0pp
YoY change -6pp -
3-year change -20pp -
Disclosures tracked 13 3

Customer cohorts

MetricBackblazeConfluent
Total customers 500,000 6,690
Over $100K ARR - 1,521
Over $1M ARR - -
Top-10 concentration - -
Average ACV $268 -
US revenue mix 72.3% 57%

Commercial structure

MetricBackblazeConfluent
Total RPO $396M $1.3B
Current RPO (12mo) $70M $730M
Multi-year contracts - -
Avg contract length - -
Subscription rev mix 39.1% 96%
New customers added - -

Post-sales motion

MetricBackblazeConfluent
CS team size - -
Customers per CSM - -
Pricing model hybrid hybrid
Renewal cadence multi-year annual
CSM coverage model hybrid -
Top customer exec unnamed -

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