Revenue & RetentionMRR

Monthly Recurring Revenue

MRR shows predictable revenue from subscriptions normalized to a monthly amount, excluding one-time fees and usage-based charges.

Key Takeaways
  • MRR is the total predictable recurring revenue your business generates each month from active subscriptions, normalized to a monthly value.
  • Common Mistakes:
  • Using the wrong denominator (e.g., all website traffic instead of relevant page visitors).
  • Not segmenting conversion rates by traffic source, device, or user type.
  • Comparing conversion rates across different funnels or time periods without context.
  • Ignoring multi-touch attribution when users convert after multiple visits.
  • Not accounting for seasonality or promotional effects.
  • Optimizing for early-funnel conversion while ignoring downstream quality.

Definition

MRR is the total predictable recurring revenue your business generates each month from active subscriptions, normalized to a monthly value.

Growing MRR

New customers and expansions exceed churn and contractions.

Flat MRR

Revenue gains balance revenue losses.

Declining MRR

Churn and contractions exceed new revenue.

Formula

MRR = Sum of all monthly subscription values for active customers

Variables

Monthly Subscription

Recurring fee charged monthly per customer.

Annual Subscription

Annual contracts divided by 12 to normalize.

Examples

Simple MRR calculation

CustomerPlanMonthly Value
Company APro Monthly$99
Company BEnterprise Annual$600 ($7,200/12)
Company CStarter Monthly$29
Company DPro Monthly$99
  1. 1Sum all monthly values: $99 + $600 + $29 + $99
  2. 2MRR = $827
Total MRR = $827

Track in Daymark

Data Sources

CSVgoogle sheetspostgreSQL

Required Fields

Subscription data
  • customer_id
  • subscription_start_date
  • monthly_value
  • status

Sample Questions

  • What is the current MRR?
  • Show MRR growth month over month for the last year
  • Break down MRR by customer plan or tier
  • Calculate new MRR, expansion MRR, and churned MRR this month
  • Show MRR trend with a forecast for next quarter
  • Which customers contribute the most to MRR?
  • What is our average MRR per customer?

Dashboard Template

1. table
Conversion heatmap

Conversion by segment and period

Common Mistakes

  • Using the wrong denominator (e.g., all website traffic instead of relevant page visitors).
  • Not segmenting conversion rates by traffic source, device, or user type.
  • Comparing conversion rates across different funnels or time periods without context.
  • Ignoring multi-touch attribution when users convert after multiple visits.
  • Not accounting for seasonality or promotional effects.
  • Optimizing for early-funnel conversion while ignoring downstream quality.

FAQ

Q: What's a good conversion rate?

It varies by industry and funnel stage. SaaS trial signups often see 2-5%; landing page conversions might be 10-30%.

Q: Should I track micro or macro conversions?

Track both. Macro conversions are end goals (purchases); micro conversions are steps toward them (signups, activations).

Q: How often should I measure conversion rate?

Weekly for high-traffic funnels, monthly for lower volumes. Ensure statistically significant sample sizes.

Start Tracking Monthly Recurring Revenue