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TG3 SaaS/Glossary/Churn rate
SaaS metrics glossary

What is churn rate?

Churn rate is the leak in your bucket, the rate at which customers or revenue walk out the door. Here is the plain definition, the two ways to measure it and the benchmark that separates healthy from doomed.

Definition
Churn rate is the percentage of customers or revenue you lose over a period. Customer churn counts logos lost. Revenue churn counts dollars lost. Revenue churn is the more honest number, because losing one big account hurts far more than losing a handful of small ones.

Churn is the quiet killer of SaaS because it compounds. At 2 percent monthly churn you lose about a fifth of your customers a year. At 5 percent you lose nearly half. Every point of churn raises how many new customers you need just to stand still, which is why retention beats acquisition once you are at any scale.

How to calculate it

The churn rate formula.

Churn rate % = Customers lost in period / Customers at start of period x 100
Customers lost: cancellations during the period.
Customers at start: the base at the beginning, before any new adds. For revenue churn, swap customer counts for recurring revenue lost and starting recurring revenue.

The free churn rate calculator works out both customer and revenue churn and shows what it costs you.

Benchmarks

What counts as a good churn rate.

For B2B SaaS, monthly revenue churn under 1 percent is strong and annual logo churn under 10 percent is healthy. Self-serve and SMB products churn faster by nature, often 3 to 5 percent monthly, while enterprise should be far lower given the contract size and switching cost.

The number that should worry you is net churn above zero, where lost revenue outpaces expansion. The opposite, negative net churn, means expansion beats losses and your base grows on its own. That is the same idea as net revenue retention above 100 percent, just framed from the loss side.

How to improve it

Three ways to lower churn rate.

01

Fix onboarding

Most churn is decided in the first 30 days. Customers who reach real value early stay. A weak onboarding leaks customers before they ever see the point.

02

Watch usage signals

Declining logins and feature use predict churn weeks ahead. Catching at-risk accounts early gives success a chance to step in before renewal.

03

Sell to the right fit

A lot of churn is bad-fit customers who were never going to stay. Tighter targeting at the top of the funnel cuts churn at the bottom.

Common questions

Questions about churn rate.

What is churn rate in simple terms?+

Churn rate is the share of your customers or revenue that leaves over a set period. If you start a month with 500 customers and lose 10, that is a 2 percent monthly churn rate. It is the clearest measure of how leaky your business is and how hard retention has to work to keep you growing.

How do you calculate churn rate?+

Divide the number lost during the period by the number you had at the start, then multiply by 100. For revenue churn, use recurring revenue lost over starting recurring revenue instead of customer counts. Revenue churn is usually the more useful figure because it weights large accounts more heavily than small ones.

What is a good churn rate for SaaS?+

For B2B SaaS, monthly revenue churn under 1 percent is strong and annual logo churn under 10 percent is healthy. Self-serve and SMB products run higher, often 3 to 5 percent monthly, which is normal for the model. Enterprise should be much lower given large contracts and high switching costs.

What is the difference between customer churn and revenue churn?+

Customer churn counts the logos you lose. Revenue churn counts the dollars. They diverge when the accounts you lose are bigger or smaller than average. Revenue churn is the more honest measure because losing one major account can hurt more than losing ten small ones and customer churn alone would hide that.

What is negative churn?+

Negative net churn is when expansion revenue from existing customers more than replaces the revenue lost to cancellations and downgrades. It means your base grows even with no new customers, which is the same thing as net revenue retention above 100 percent. It is the strongest position a SaaS can be in, because growth no longer depends on constantly refilling losses.

Losing customers faster than you win them?

High churn is usually a fit and onboarding problem, not a product one. Book a 30-minute audit and we will find where the bucket leaks. No sales sequence.

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