120%+
Best-in-class NRR (enterprise)
100–110%
Healthy NRR range (SMB)
<90%
Contraction — growth headwind
ARR Band Customer Segment Median NRR Top Quartile NRR Bottom Quartile NRR Rating
Under $1M SMB 88% 102% 72% Below breakeven
Under $1M Mixed 92% 108% 76% Near breakeven
$1M–$5M SMB 92% 106% 78% Near breakeven
$1M–$5M Mid-Market 102% 118% 86% Expanding
$5M–$20M SMB 95% 108% 80% Stable
$5M–$20M Mid-Market 108% 124% 90% Healthy
$5M–$20M Enterprise 115% 132% 96% Strong
$20M–$50M SMB 98% 112% 84% Near healthy
$20M–$50M Mid-Market 112% 128% 94% Healthy
$20M–$50M Enterprise 122% 140% 104% Best-in-class
$50M–$100M Mid-Market 114% 130% 96% Healthy
$50M–$100M Enterprise 126% 148% 108% Best-in-class
$100M+ Enterprise 130% 155% 110% Best-in-class
$100M+ Mixed 118% 138% 100% Strong
Sources: OpenView SaaS Benchmarks 2024, Bessemer State of the Cloud 2024, SaaStr Annual Survey 2024. NRR = (Beginning ARR + Expansion − Churn − Contraction) / Beginning ARR, measured over trailing 12 months.

SMB vs. Enterprise NRR: why the gap is structural

SMB-focused companies face higher gross churn (15–25% annually) due to business closures, budget cuts, and lower switching costs. The best SMB companies offset this with strong upsell motion, pushing NRR to 105–115%. Enterprise companies with land-and-expand models routinely achieve 120–145% NRR because seat expansion, module adoption, and price escalators compound on a sticky installed base. A company at 130% NRR doubles revenue from its existing base every 3.5 years with zero new customer acquisition.