Independent reference site. Not affiliated with SaaS Capital, Bessemer, or any M&A advisory firm. For informational purposes only -- not financial advice.

Free SaaS Valuation Calculator 2026

Estimate your ARR multiple and valuation range. Five inputs. Benchmarked against Q1 2026 public and private SaaS market data.

$5M
$0.5M$200M
50%
0%200%+
105%
60%150%
75%
30%95%
1.5x
EBITDA+4x (high burn)

How to Use This Calculator

For fundraising:

Use your projected 12-month ARR and current growth rate. VC investors price future ARR, so forward projections are relevant. Expect investors to apply their own discounts to your projections.

For M&A exit:

Use trailing 12-month ARR. Strategic buyers typically anchor to proven revenue. Apply the private-to-public illiquidity discount of 20-40% to get a realistic private transaction range.

For planning:

Model three scenarios (bear / base / bull) by adjusting growth rate and NRR. This shows which lever has the most impact on your valuation before a board meeting or investor conversation.

Calculator Methodology

Base multiple derived from YoY growth cohort lookup (KeyBanc KBCM 2025)

NRR adjustment: +2.5x (130%+) to -2.0x (below 90%)

Gross margin: +0.5x above 80%, -1.5x below 60%

Burn efficiency: +1.0x EBITDA-positive, -0.5x above 2x burn

Range: Low = mid x 0.75, High = mid x 1.35

Full methodology

What This Cannot Tell You

  • Market timing and buyer appetite at the moment of transaction
  • Customer concentration risk (top 5 customers as % of ARR)
  • Team and product quality assessments
  • Competitive M&A dynamics (number of bidders)
  • Deal structure (earnout vs upfront, working capital adjustments)
  • Key person dependencies

Valuation is ultimately negotiated, not calculated. See our exit preparation guide for the full picture.

Q1 2026 Benchmarks

Public median6.4x ARR
Public top quartile13.8x ARR
Private median4.5x ARR
VC-backed median5.3x ARR

Calculator FAQ

How accurate is this SaaS valuation calculator?
The calculator provides a benchmarked range based on current market data from SaaS Capital, KeyBanc KBCM, and Aventis Advisors. It captures the primary quantitative drivers: growth rate, NRR, gross margin, and burn efficiency. It cannot account for qualitative factors like team pedigree, customer concentration, or deal structure. Use the output as a starting framework for conversations, not a definitive valuation.
Should I use trailing or forward ARR?
For M&A exit scenarios, use trailing 12-month ARR as buyers anchor to proven revenue. For fundraising scenarios, founders often use annualised current ARR or projected 12-month ARR, but expect investors to apply their own discounts to forward projections. Run both scenarios to understand the full range of outcomes.
What is a burn multiple?
Burn multiple = Net Cash Burn / Net New ARR. A burn multiple of 1.0x means you are burning $1 in cash for every $1 of new ARR added. Below 1x is excellent capital efficiency. Above 2x is a concern that investors will flag in 2026. EBITDA-positive companies receive the highest efficiency premium in the current market. Set to 0 or below to model EBITDA-positive scenarios.

Understand Your Results

Growth Rate ImpactNRR ImpactRule of 40How to Value SaaSPreparing for Sale