<12mo
Best-in-class (SMB PLG)
12–24mo
Healthy (mid-market)
24–36mo
Typical (enterprise sales-led)
Industry Segment Median Payback (mo) Top Quartile (mo) Bottom Quartile (mo) Rating
Dev Tools / Infrastructure SMB 8 4 16 Excellent
Dev Tools / Infrastructure Mid-Market 14 7 24 Strong
Dev Tools / Infrastructure Enterprise 22 12 36 Healthy
MarTech / Sales Tech SMB 10 5 20 Strong
MarTech / Sales Tech Mid-Market 18 10 30 Healthy
MarTech / Sales Tech Enterprise 28 16 42 Acceptable
General B2B SaaS SMB 12 6 22 Healthy
General B2B SaaS Mid-Market 20 11 34 Solid
General B2B SaaS Enterprise 30 18 48 Acceptable
HR / Workforce Mid-Market 22 12 36 Solid
HR / Workforce Enterprise 34 20 52 Watch
Fintech / Financial Services SMB 16 9 28 Solid
Fintech / Financial Services Enterprise 38 22 58 High ACV justified
Security / Compliance Mid-Market 26 14 44 Acceptable
Security / Compliance Enterprise 40 24 60 High ACV justified
Healthcare / MedTech Mid-Market 32 18 52 Regulated — expected
Healthcare / MedTech Enterprise 48 30 72 Requires high LTV
Vertical SaaS SMB 14 8 26 Healthy
Vertical SaaS Mid-Market 24 13 38 Solid
Sources: OpenView SaaS Benchmarks 2024, Bessemer State of the Cloud 2024, KeyBanc Capital Markets Survey 2023. CAC Payback = CAC / (ACV × Gross Margin % / 12). Gross-margin adjusted.

Why payback period is a capital planning metric

Companies with 12-month payback periods can fund their own growth from cash collections — at 40% growth, every new cohort is paid back before the next cohort is fully acquired. Companies at 36-month payback periods need permanent external capital to grow, because each customer requires 3 years of revenue to recoup. Enterprise deals justify long paybacks via high NRR and ACV — a $200K ACV customer with 120% NRR and 36-month payback still generates 8–12× LTV:CAC over a 7-year relationship.