Startup Metrics Intermediate

Gross Revenue Retention (GRR)

Revenue from existing customers after churn and contraction, excluding any expansion revenue.

Definition

GRR measures how much of existing customer revenue is retained over a period, considering only losses from churn and downgrades but NOT including expansion revenue. GRR can never exceed 100%. It isolates the company's ability to keep its existing business, separate from upsell success. A GRR above 90% is considered strong for SaaS companies.

Why it matters

GRR reveals the true churn picture without the masking effect of expansion revenue. A company with 95% GRR and 130% NRR is in great shape. A company with 75% GRR and 105% NRR is churning badly but hiding it with upsells, which is unsustainable.

Example

Starting ARR from existing customers: $5M. Churn: $300K. Downgrades: $100K. GRR = ($5M - $300K - $100K) / $5M = 92%. Even though NRR might be 110% due to upsells, the underlying retention is 92%.

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This definition is an educational summary. It is not legal, tax, or investment advice. Specific terms in your equity grant or company documents may differ.