SaaS Metrics

Churn Rate

Churn rate is the percentage of customers (or revenue) that cancels or doesn't renew in a given time period. It's the single most important retention metric for subscription businesses.

Formula

Monthly Customer Churn = Churned Customers ÷ Customers at Start of Period × 100 Annual Churn = 1 - (1 - Monthly Churn)^12

In depth

Types of churn: - Customer Churn: % of customers who cancelled - Revenue Churn (MRR Churn): % of MRR lost from cancellations - Net Revenue Churn: revenue churn offset by expansion revenue from remaining customers

Negative churn occurs when expansion revenue from existing customers exceeds revenue lost from churned customers — a sign of a very healthy SaaS business.

Good churn benchmarks (monthly): - B2C SaaS: 3–8% is typical - B2B SMB SaaS: 1–3% - B2B Enterprise: < 1%

The compounding effect of churn is brutal. At 5% monthly churn, you lose half your customer base every 14 months.

Real example

You start the month with 200 customers and 10 cancel: Monthly Churn = 10 ÷ 200 = 5%. Annual equivalent: 1 - (1 - 0.05)^12 = 46% — nearly half your base gone in a year.

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