cust.co / Compare / CoreWeave vs Confluent

CoreWeave 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.

CoreWeave leads by +54pp on latest NRR (168% vs 114%).

NRR over time

92%114%135%156%178% FY2023-Q4FY2025-Q4FY2026-Q1FY2026-Q2FY2025-Q1FY2025-Q3FY-2025 NRR CoreWeave Confluent CoreWeave - FY2023-Q4: 102% CoreWeave - FY2025-Q4: 168% CoreWeave - FY2026-Q1: 155% CoreWeave - FY2026-Q2: 168% Confluent - FY2025-Q1: 114% Confluent - FY2025-Q3: 114% Confluent - FY-2025: 114%

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

Stat-by-stat

Metric CoreWeave Confluent
Latest NRR 168% 114%
All-time peak NRR 168% 114%
All-time low NRR 102% 114%
QoQ change +13pp +0pp
YoY change - -
3-year change - -
Disclosures tracked 4 3

Customer cohorts

MetricCoreWeaveConfluent
Total customers 542 6,690
Over $100K ARR 214 1,521
Over $1M ARR 86 -
Top-10 concentration - -
Average ACV - -
US revenue mix 94.6% 57%

Commercial structure

MetricCoreWeaveConfluent
Total RPO $7.5B $1.3B
Current RPO (12mo) $2.1B $730M
Multi-year contracts - -
Avg contract length 60 mo -
Subscription rev mix 98% 96%
New customers added - -

Post-sales motion

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

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