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Fractal Analytics: Clients Spend 15% More Annually
6 Mar
Summary
- Fractal's Net Revenue Retention reached 114% in Q3 FY26.
- Deep client knowledge, not tech lock-in, drives retention.
- Cogentiq platform integrates various foundation models.
- Company anticipates sustained 20-25% annual growth.

Fractal Analytics reported a Net Revenue Retention (NRR) of 114% for Q3 FY26, signifying a 15% year-over-year spending increase from existing clients. CEO Srikanth Velamakanni attributes this success to deep institutional knowledge of client systems and business processes, rather than technological lock-in.
The company is building its modules on Cogentiq, a unified AI platform designed to be model-agnostic. This architecture allows integration with various foundation models, including OpenAI, Claude, and Fractal's own Fathom, adapting to advancements in AI.




