What's the spread between top and bottom performers in this segment?

The 25th-75th percentile range is 125% to 168%. That gap of +43pp represents the difference between average and top-quartile performance.

How has NRR for Public AI Infrastructure changed year over year?

Median NRR for this segment moved from 141% to 129% year over year - a change of -12pp.

How is this NRR data sourced and verified?

Every disclosure is sourced from a public SEC filing or earnings press release, then verified by a human reviewer against the original source. See cust.co/methodology/ for the full verification policy.

cust.co / NRR Benchmark / AI Infrastructure · Public · $500K+ ACV

AI Infrastructure NRR Benchmark

Name: NRR Benchmark - AI Infrastructure · Public · $500K+ ACV
Creator: Cust
Published: 2026-05-09
License: https://cust.co/terms/

Median Net Revenue Retention for Public AI Infrastructure companies in the $500K+ ACV band.

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NRR over time

Each point is the median of verified disclosures for that fiscal quarter. Contributors disclosed in: FY2020-Q4 (SNOW) · FY2021-Q3 (SNOW) · FY-2021 (SNOW) · FY2021-Q4 (SNOW) · FY2022-Q1 (SNOW) · FY2022-Q2 (SNOW) · FY2022-Q3 (SNOW) · FY2022-Q4 (SNOW) · FY-2022 (SNOW) · FY2023-Q1 (SNOW) · FY2023-Q2 (SNOW) · FY2023-Q4 (SNOW, CRWV) · FY2025-Q1 (SNOW, PLTR) · FY2025-Q2 (SNOW, PLTR) · FY2025-Q3 (SNOW, PLTR) · FY2024-Q4 (PLTR) · FY2025-Q4 (SNOW, PSTG, CRWV, PLTR) · FY-2025 (PSTG, SNOW) · FY2026-Q1 (SNOW, PLTR) · FY2026-Q2 (SNOW) · FY2026-Q3 (SNOW) · FY-2026 (PSTG, SNOW) · FY2026-Q4 (SNOW).

Median GRR (gross retention) in FY2026-Q4: - - the gap to NRR (125%) shows how much expansion is lifting the retention number.

Distribution - where do companies fall?

Each bar = a 5-percentage-point band. Hover for the companies in that band.

Latest verified NRR per company. Run the calculator to see where you'd land on this distribution.

Top performers in this cell

#1 CoreWeave CRWV 168% FY2025-Q4
#2 Palantir PLTR 150% FY2026-Q1
#3 Snowflake SNOW 125% FY2026-Q4
#4 Pure Storage PSTG 113% FY-2026

What this means

AI Infrastructure · Public stage - NRR captures how much your existing customers grow versus shrink, before any new logos. Top performers expand existing accounts faster than they lose them, compounding ARR even if new sales slow.

The expansion gap is real: the median company in this cell sits at 129% while the top 25% are at 168% - a 39pp spread between average and best-in-class. Compute your own NRR to see where you stack up.