Net New CARR

Metric Name

Net Contracted Annual Recurring Revenue

Metric Family

Bookings

Metric Definition

Measure the net effect of changes in your customer base over a specific period

Formula

Net New Carr = New Bookings + Upsell Bookings + Downgrade Bookings - Churned Bookings

Application

Critical for understanding the overall growth and health of an SaaS companies recurring revenue stream. Positive and increasing Net New CARR is a strong indicator of business success and sustainability.