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SaaS glossary · Revenue

Monthly Recurring Revenue.

The total predictable subscription revenue your business earns in a single month, normalised to a monthly value.

Formula

MRR = Σ (active subscriptions × normalised monthly price)

Worked example

40 customers on a £50/mo plan and 10 customers on a £1,200/yr plan (£100/mo equivalent).

(40 × £50) + (10 × £100) = £2,000 + £1,000 = £3,000 MRR

MRR is the heartbeat of any subscription business. It measures the recurring revenue you can count on every month, stripped of one-off charges like setup fees, professional services, or one-time purchases. Only the recurring portion counts.

To get an accurate figure you normalise every plan to its monthly equivalent. An annual plan billed at £1,200 contributes £100 of MRR, not £1,200 in the month it was charged. The same logic applies to quarterly and multi-year terms.

MRR moves in five ways: new MRR (fresh customers), expansion MRR (upgrades and add-ons), contraction MRR (downgrades), churned MRR (cancellations), and reactivation MRR (returning customers). Tracking each movement separately is what turns a single number into something you can act on.

Why it matters

MRR is the single best gauge of momentum. It smooths out lumpy annual contracts into a steady monthly signal, lets you compare months like-for-like, and feeds nearly every other SaaS metric — ARR, growth rate, LTV, and forecasts all start here.

Benchmark

Early-stage SaaS targeting venture scale often aim for 10–20% month-over-month MRR growth; mature businesses settle into steadier single-digit monthly growth.

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FAQ

MRR FAQs

Does MRR include one-time fees?

No. MRR is strictly recurring. Setup fees, one-off professional services, and one-time purchases are excluded — only the predictable subscription portion counts.

How do annual plans affect MRR?

Annual plans are normalised to their monthly equivalent. A £1,200 annual plan adds £100 to MRR each month, not £1,200 in the month it was billed. Mowt does this normalisation automatically.

What is the difference between MRR and ARR?

ARR is simply MRR multiplied by 12. MRR is the monthly view; ARR is the annualised run-rate. See our ARR definition.

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