Gross MRR vs Net MRR

Two views of recurring revenue movement. Gross MRR shows what you lose. Net MRR shows what is left after expansion makes up for some of the loss.

Last updated: 2026-04-01

Overview

Gross MRR
What You Lose

The top-of-funnel view. Tracks new MRR added and MRR lost to churn or contraction. Does not credit expansion or reactivation back to the loss side.

Best for understanding pure customer health. If gross churn is 10% but net churn is 2% because expansion masks the loss, you still have a 10% problem to fix.

Net MRR
What Remains

The all-in view. New MRR plus expansion plus reactivation, minus churn and contraction. This is what shows up in your MRR chart.

Best for tracking the actual state of the business and forecasting next quarter's revenue movement.

Formula comparison

Gross MRR

Gross MRR churn % = (Churn MRR + Contraction MRR) / MRR at start of period

The result is always non-negative. Cancellations and downgrades flow in. Nothing flows out.

Net MRR

Net MRR churn % = (Churn + Contraction - Expansion - Reactivation) / MRR at start

The result can be negative. Negative net churn is the SaaS holy grail: existing customers grow faster than others leave.

Side-by-side comparison

CriteriaGross MRRNet MRR
Includes expansionNoYes
Can be negativeNo (always >= 0)Yes (negative net churn is best-in-class)
Best forCustomer health and product retentionBusiness state, forecasting, board reporting
Hides whatThe upside from expansion strategyThe size of the churn problem
Pairs withGross retention rateNet retention rate (NRR)
Healthy benchmark<5% monthly is healthy, <3% best-in-classNRR > 100% healthy, > 130% world-class
First metric to trackYes. Diagnose churn firstAfter gross is stable
LTV inputUse for cohort-based LTVUse for net-retention-adjusted LTV

When to use each

Choose Gross MRR when
  • You're measuring product or customer success effectiveness
  • You want to see if churn is improving on its own merits
  • You're comparing your churn rate to industry benchmarks
  • You're sizing the customer success team or investment
  • Expansion revenue is masking a real retention problem
Choose Net MRR when
  • You're forecasting next quarter's revenue
  • You're reporting to a board or investors
  • You're modeling LTV. Net retention is the right input
  • You want one number that captures growth from the existing base
  • You need to compare the flywheel against new acquisition

Pros and cons

Gross MRR

Pros

  • Honest about churn. No expansion credit hides the loss
  • Per-segment breakdown is meaningful. Enterprise gross churn versus SMB gross churn
  • Pairs naturally with retention rate (1 minus gross churn)

Cons

  • Misses the value of an expansion-heavy strategy
  • Doesn't capture the full economic picture for an upsell-led business
  • Can overstate the "problem" if your model is built on expansion from day one

Net MRR

Pros

  • One number for the actual movement of the business
  • Negative net churn is a strong signal for investors
  • Aligns with ARR growth charts

Cons

  • Hides churn problems when expansion is strong
  • Easy to flatter. A few large expansions can mask hundreds of small churns
  • Hard to act on. Improving net MRR could mean any of four levers

Try both calculators

Score your own data with both frameworks. Compare results and pick the one that fits your team.

Frequently asked questions

Which one do investors care about?

Both, but in different rooms. Net MRR (and net retention) is the headline number. Gross MRR (and gross retention) is the diligence number that tells investors whether the headline is durable. ChartMogul reports both side by side because each answers a different question.

What's a good gross MRR churn rate?

Median early-stage SaaS sits around 6 to 9% gross MRR churn per month, dropping to 3 to 5% above $1M ARR according to ChartMogul's benchmarks. Below 5% monthly is healthy. Below 3% is best-in-class. SMB churn is always higher than enterprise churn.

What does negative net MRR churn mean?

It means existing customers are expanding faster than other customers are churning out. The base grows even without any new acquisition. This is the "holy grail" investors talk about, and it is what enables the best-in-class NRR figures above 130%.

How do I split MRR into the five movements?

New, expansion, contraction, churn, and reactivation. New is brand-new customers. Expansion is upgrades or seat additions on existing accounts. Contraction is downgrades or seat reductions. Churn is full cancellations. Reactivation is a former customer who came back.

Should I track gross MRR churn or net MRR churn first?

Gross. Without it, you can't tell if your low net churn is because customers are happy or because expansion is doing the heavy lifting. Track gross first, fix it, then watch net move with it.