33%
15% YoY
#3
Summary
- Lambda Labs ranks #3 within the Neocloud category, maintaining its position month-over-month.
- As of September 2026, 33% of organizations who have a vendor in the Neocloud category use Lambda Labs: down 15 percentage points from last year.
- Lambda Labs has the highest adoption among micro-SMB companies (35%), compared to small-to-medium businesses (34%), mid-market (28%), and enterprise (21%).
- Lambda Labs key capabilities include GPU cloud infrastructure, pre-configured ML environments, and scalable compute clusters, supporting AI model training and inference workloads.
Are businesses buying Lambda Labs?
Key stats
33%
15% YoY
Mid-Market, 46%
23%
21%
#3
#2
Adoption Rates by company size
| Company size | Adoption rate |
|---|---|
| SMB | 34% |
| Mid-market | 28% |
| Enterprise | 21% |
About Lambda Labs
Lambda Labs provides GPU cloud infrastructure and workstations purpose-built for deep learning and AI research.
About this data
These insights come from Ramp’s procurement and renewal data, built on real-world transactions observed across our platform. Figures represent aggregated observations from Ramp Procurement and Renewals activity.
| Date | New adopter share | Competitor switch rate | Dominant FTE segment | Adoption rate (Enterprise) | Adoption rate (Mid-Market) | Adoption rate (SMB) |
|---|---|---|---|---|---|---|
| Aug 2026 | 23% | 21% | Mid-Market, 46% | 21% | 28% | 34% |
| Jul 2026 | 23% | 21% | Mid-Market, 46% | 23% | 29% | 33% |
| Jun 2026 | 20% | 22% | Mid-Market, 42% | 25% | 30% | 35% |
| May 2026 | 25% | 22% | Mid-Market, 43% | 33% | 30% | 36% |
| Apr 2026 | 10% | 23% | Mid-Market, 43% | 40% | 32% | 36% |
| Mar 2026 | 10% | 24% | Mid-Market, 39% | 40% | 33% | 38% |
| Feb 2026 | 22% | 24% | Mid-Market, 39% | 50% | 34% | 41% |
| Jan 2026 | 14% | 26% | Mid-Market, 38% | 50% | 35% | 43% |
| Dec 2025 | 22% | 27% | Mid-Market, 38% | 45% | 35% | 45% |
| Nov 2025 | 11% | 27% | Mid-Market, 39% | 45% | 36% | 47% |
| Oct 2025 | 28% | 26% | Mid-Market, 39% | 45% | 39% | 48% |
| Sep 2025 | 47% | 26% | Enterprise, 39% | 45% | 44% | 49% |
| Aug 2025 | 28% | 26% | Enterprise, 39% | 50% | 40% | 49% |
| Jul 2025 | 39% | 26% | Enterprise, 39% | 50% | 42% | 50% |
| Jun 2025 | 46% | 26% | Mid-Market, 41% | 50% | 46% | 49% |
| May 2025 | 50% | 21% | Mid-Market, 39% | 40% | 46% | 46% |
| Apr 2025 | 15% | 19% | Mid-Market, 40% | 40% | 46% | 45% |
| Mar 2025 | 33% | 22% | Mid-Market, 44% | 40% | 48% | 47% |
| Feb 2025 | 32% | 23% | Mid-Market, 45% | 38% | 51% | 46% |
| Jan 2025 | 21% | 26% | Mid-Market, 51% | 38% | 52% | 47% |
| Dec 2024 | 62% | 29% | Mid-Market, 51% | 29% | 54% | 49% |
| Nov 2024 | 33% | 19% | Mid-Market, 50% | 29% | 54% | 49% |
| Oct 2024 | 55% | 20% | Mid-Market, 43% | 29% | 53% | 50% |
| Sep 2024 | 37% | 17% | Mid-Market, 40% | 43% | 51% | 49% |
Have feedback?
Share your feedback, suggest improvements, or tell us what vendors you'd like to see covered next.