cust.co / Compare / Elastic vs Confluent

Elastic 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 +2pp on latest NRR (114% vs 112%).

NRR over time

112%112%113%114%114% FY2024-Q2FY2025-Q2FY2025-Q3FY2026-Q1FY2026-Q2FY2026-Q3FY-2026FY2025-Q1 NRR Elastic Confluent Elastic - FY2024-Q2: 112% Elastic - FY2025-Q2: 112% Elastic - FY2025-Q3: 112% Elastic - FY2026-Q1: 112% Elastic - FY2026-Q2: 112% Elastic - FY2026-Q3: 112% Elastic - FY-2026: 112% Confluent - FY2025-Q1: 114%

Confluent hit a higher all-time peak (114% in FY2025-Q1).

Stat-by-stat

Metric Elastic Confluent
Latest NRR 112% 114%
All-time peak NRR 112% 114%
All-time low NRR 112% 114%
QoQ change +0pp -
YoY change +0pp -
3-year change - -
Disclosures tracked 7 1

Customer cohorts

MetricElasticConfluent
Total customers 24,000 6,140
Over $100K ARR 1,720 1,412
Over $1M ARR 240 -
Top-10 concentration - -
Average ACV - -
US revenue mix 54% 58%

Commercial structure

MetricElasticConfluent
Total RPO $2.0B $1.0B
Current RPO (12mo) $1.2B $620M
Multi-year contracts - -
Avg contract length - -
Subscription rev mix 94% 96%
New customers added 2,500 -

Post-sales motion

MetricElasticConfluent
CS team size - -
Customers per CSM - -
Pricing model consumption hybrid
Renewal cadence annual annual
CSM coverage model account-named -
Top customer exec Ashutosh Kulkarni -

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