Metrics10 min read • November 8, 2025

Essential SaaS Metrics Every Founder Should Track

Master the key metrics that investors care about and learn industry benchmarks for success.

The 7 Critical SaaS Metrics

1. ARR & MRR (Annual/Monthly Recurring Revenue)

MRR = Sum of all monthly subscription revenue

ARR = MRR × 12

Foundation of all SaaS metrics. Represents predictable, recurring revenue stream.

Benchmarks:

  • • Seed stage: $10K-100K MRR
  • • Series A: $100K-500K MRR
  • • Series B: $1M-5M MRR

2. Churn Rate

Monthly Churn % = (Customers lost / Total customers) × 100

Revenue Churn % = (MRR lost / Total MRR) × 100

Percentage of customers or revenue lost per month. Most critical metric for SaaS health.

Excellent

<5%

annual churn

Acceptable

5-7%

annual churn

Problematic

>7%

annual churn

3. CAC (Customer Acquisition Cost)

CAC = (Sales + Marketing costs) / New customers acquired

Total cost to acquire one new customer. Include salaries, ads, tools, and overhead.

⚠️ Critical Rule:

CAC Payback Period should be <12 months. Beyond 18 months = red flag.

4. LTV (Lifetime Value)

LTV = ARPA × Gross Margin % / Churn Rate %

ARPA = Average Revenue Per Account

Total revenue expected from a customer over their entire relationship.

Golden Ratio:

LTV / CAC > 3

Minimum for healthy SaaS business. Best-in-class: 5-7×

5. Burn Rate & Runway

Gross Burn = Total monthly expenses

Net Burn = Gross Burn - Revenue

Runway = Cash balance / Net Burn

How fast you're spending money and how long until you run out.

Minimum runway: 12-18 months. Start fundraising at 9 months runway.

6. NRR (Net Revenue Retention)

NRR = [(Starting MRR + Expansion - Churn) / Starting MRR] × 100

Revenue retention from existing customers including upsells and downgrades.

Survival

90-100%

Good

100-110%

Best-in-class

>120%

7. Growth Rate

MoM Growth % = [(This month MRR - Last month MRR) / Last month MRR] × 100

Month-over-month revenue growth rate. Critical for investor interest.

StageTarget MoM Growth
Seed15-20%
Series A10-15%
Series B+5-10%

The Rule of 40

Growth Rate % + Profit Margin % ≥ 40

The ultimate health indicator for SaaS companies. Balances growth and profitability.

✓ Good Example

50% growth + (-10)% margin = 40

✗ Bad Example

20% growth + 5% margin = 25

Build Your Metrics Dashboard

Essential Tools:

  • Financial tracking: ChartMogul, Baremetrics, ProfitWell
  • Analytics: Mixpanel, Amplitude, Heap
  • Reporting: Google Data Studio, Tableau, Metabase

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