262 observations · 138 reports · 9 publishers

OpenAI Revenue Growth Rate.

Every OpenAI Revenue Growth Rate observation from our practitioner benchmark corpus. Latest: Tomasz Tunguz (2026).

← All benchmark reports
Observations
262
Reports
138
Publishers
9
Latest
Tomasz Tunguz
2026-03-30
17 %
Tomasz Tunguz
2026
two-month period
December 2025 to February 2026
From Jevon's Paradox to Veblen Goods: How AI Pricing Will Reshape Competitive Advantage →
46 %
a16z
2026
YoY 2025
Revolut total revenue
Revolut's Growth Algorithm: How a Fintech Scaled to Banking Scale →
90 percent
OnlyCFO
2026
historical
November 2021 NTM growth
Revenue Durability is Failing in the Age of AI →
12 percent
OnlyCFO
2026
current
Current NTM growth (as of March 2026)
Revenue Durability is Failing in the Age of AI →
79 percent
OnlyCFO
2026
historical
November 2021 NTM growth
Revenue Durability is Failing in the Age of AI →
20 percent
OnlyCFO
2026
current
Current NTM growth
Revenue Durability is Failing in the Age of AI →
73 percent
OnlyCFO
2026
historical
November 2021 NTM growth
Revenue Durability is Failing in the Age of AI →
26 percent
OnlyCFO
2026
current
Current NTM growth
Revenue Durability is Failing in the Age of AI →
62 percent
OnlyCFO
2026
current
Current NTM growth, up from 29% in Nov 2021
Revenue Durability is Failing in the Age of AI →
200 %
a16z.news
2026
YoY
Claude as of January 2026
Top 100 Gen AI Consumer Apps: March 2026 - Market Evolution and Platform Competition →
258 %
a16z.news
2026
YoY
Gemini as of January 2026
Top 100 Gen AI Consumer Apps: March 2026 - Market Evolution and Platform Competition →
50-65 %
Tomasz Tunguz
2026
range, accelerating
at $5B+ revenue scale
Databricks Overtakes Snowflake: How AI Shifted the Data Infrastructure Market →
34 %
a16z
2026
year-over-year
2024 to 2025
Stripe's 2025 Annual Letter: Internet GDP Growth Driven by AI, E-commerce, and Financial Infrastructure →
40.0 percent
OnlyCFO
2026
relative
Top-10 fastest-growing companies grow ~40% faster than remaining public software cohort while spending similar distribution dollars
Praying for Distribution | AI Changes the Math →
12 percent
Clouded Judgement
2026
median
SaaS companies in Jamin Ball's quarterly report sample
Clouded Judgement: The SSD/Memory Reckoning →
12 percent
Clouded Judgement
2026
median
All public SaaS companies
Clouded Judgement: The Year of Multi-Modal AI and SaaS Valuation Analysis →
12 percent
Clouded Judgement
2026
median
Public SaaS companies
Clouded Judgement: The Education Advantage in AI →
71% percent
High Alpha
2025
median
SaaS companies with 106%+ NRR and <10 month CAC payback
2025 SaaS Benchmarks Report by High Alpha →
300% percent
High Alpha
2025
median
SaaS companies with AI as core to product
2025 SaaS Benchmarks Report by High Alpha →
100% percent
High Alpha
2025
median
SaaS companies with AI as supporting feature
2025 SaaS Benchmarks Report by High Alpha →
12 percent
Clouded Judgement
2025
median
Public SaaS companies
Clouded Judgement: Systems of Record and the Battle for the AI Front Door →
13 percent
Clouded Judgement
2025
median
Public SaaS companies
Clouded Judgement: Systems of Record and the Battle for the AI Front Door →
29 percent YoY
drive.google.com
2025
Q3 2025
AWS, Azure, GCP combined
The State of AI Report: December 2025 →
54 percent
OnlyCFO
2025
2025 vs 2024
U.S. total economy
Layoffs Near Great Recession Levels: Signs, Causes, and 2026 Planning Implications →
12 percent
Clouded Judgement
2025
median
Public SaaS companies in sample
Clouded Judgement: Systems of Record in the Age of AI Agents →
12 percent
Clouded Judgement
2025
median
Public SaaS companies
Clouded Judgement: Cloud Giants Report Q3 2025 – Capacity, AI Demand, and SaaS Valuation Multiples →
14 percent
Clouded Judgement
2025
median
Public SaaS companies
Clouded Judgement: Cloud Giants Report Q3 2025 – Capacity, AI Demand, and SaaS Valuation Multiples →
46 percent
OnlyCFO
2025
YoY
Figma Q1 2025, second-highest among public cloud companies
Figma S-1 | The IPO Bar is High →
35 percent
drive.google.com
2025
best-in-class
Top decile SaaS companies
SaaS Valuation Multiples: 2025 – A Comprehensive Analysis of Current Market Trends →
22 percent
drive.google.com
2025
median
SaaS companies, 2025
SaaS Valuation Multiples: 2025 – A Comprehensive Analysis of Current Market Trends →
30 percent
OnlyCFO
2025
monday.com Q1'25 performance
What it Takes to IPO in 2025 →
22 percent
OnlyCFO
2025
median
Top 10 public cloud companies (NTM)
Will AI Change Profit Targets? The goalposts are shifting and you aren't ready →
31-35 percent
OnlyCFO
2025
median
Public SaaS companies Q1-Q4 2020-2021
GTM Efficiency is Plummeting! FCF margins are improving...but efficiency is worsening? →
15-18 percent
OnlyCFO
2025
median
Public SaaS companies Q1-Q3 2024
GTM Efficiency is Plummeting! FCF margins are improving...but efficiency is worsening? →
11 percent
Clouded Judgement
2025
median
SaaS public companies
Clouded Judgement: Bond Market Volatility, Treasury Auctions, and SaaS Valuation Multiples →
16% percent
OnlyCFO
2025
average
Public SaaS companies, current
2026 State of GTM | Benchmarks & Data →
12 percent
Clouded Judgement
2025
median
Public SaaS companies
Clouded Judgement: M&A Roars Back →
15 percent
Clouded Judgement
2025
median
Public SaaS companies
Clouded Judgement: M&A Roars Back →
8 percent
OnlyCFO
2025
Amplitude; described as low compared to peer cloud companies
Lessons From Amplitude's Fall: Direct Listings, Extended PTEPs, and NRR Death Spirals →
12 percent
Clouded Judgement
2025
median
Public SaaS companies
Clouded Judgement: December Inflation Data & SaaS Valuation Multiples →
14 percent
Clouded Judgement
2025
median
Public SaaS companies
Clouded Judgement: December Inflation Data & SaaS Valuation Multiples →
12 percent
Clouded Judgement
2025
median
SaaS companies
Clouded Judgement: Rising Rates and SaaS Valuation Multiples in a High-Growth Environment →
14 percent
Clouded Judgement
2025
median
SaaS companies
Clouded Judgement: Rising Rates and SaaS Valuation Multiples in a High-Growth Environment →
25 percent
OnlyCFO
2025
Palantir expected growth
Palantir Valuation Analysis: Expensive vs. Overvalued – A Rule of 40 Deep Dive →
3 percent
OnlyCFO
2025
Zoom current NTM
Palantir Valuation Analysis: Expensive vs. Overvalued – A Rule of 40 Deep Dive →
12 percent
Clouded Judgement
2024
median
Software universe
Clouded Judgement: Beat and No Raise? – SaaS Multiple Expansion Without Earnings Growth →
14 percent
Clouded Judgement
2024
median
Software universe
Clouded Judgement: Beat and No Raise? – SaaS Multiple Expansion Without Earnings Growth →
12 percent
Clouded Judgement
2024
median
Public SaaS companies (NTM)
Clouded Judgement: Market Rotation from Profitability Back to Growth →
15 percent
Clouded Judgement
2024
median
Public SaaS companies (LTM)
Clouded Judgement: Market Rotation from Profitability Back to Growth →
60 percent
OnlyCFO
2024
target
5-year hold period at 3x cost of capital, 2024 YTD private multiples
State of the Cloud 2024: Private vs Public Valuations, IPO vs M&A, and AI Pricing Implications →
50 percent
OnlyCFO
2024
minimum
Growth equity fund investment threshold for 6-12x ARR valuation
Guide to Selling Your Company: PE vs. Strategic Acquirers →
6 percent
OnlyCFO
2024
Zuora annual
Subscription revenue growth decline trend post-IPO
A $1.7B Failure: PE Buys Zuora – Lessons from Zuora's IPO-to-Acquisition Decline →
12 percent
Clouded Judgement
2024
median
Public SaaS companies
Clouded Judgement: Budget Flush and SaaS Valuation Dynamics →
16 percent
Clouded Judgement
2024
median
Public SaaS companies
Clouded Judgement: Budget Flush and SaaS Valuation Dynamics →
5 percent
OnlyCFO
2024
threshold
Approximately matches dilution rate, placing company in death zone
Fixing Stock-Based Comp Sins →
20% percent
OnlyCFO
2024
NTM
Palantir next-12-months growth
Palantir Valuation Analysis: From Cult Stock to Justified Premium Multiple →
34 percent YoY
OnlyCFO
2024
target
OneStream at $500M ARR, described as 'good but should be looked at in context of revenue size'
Software IPOs in 2024: Market Conditions, Subscale Company Viability, and the OneStream Test →
29 percent
OnlyCFO
2024
benchmark
CrowdStrike mature public company comparison for OneStream
Software IPOs in 2024: Market Conditions, Subscale Company Viability, and the OneStream Test →
13% percent
OnlyCFO
2024
Wix, maintained flat growth rate while expanding margins
Software's Biggest Winners & Losers: Lessons from Valuation Changes Over the Past Year →
23% percent
OnlyCFO
2024
Paycom expected growth rate when held 15th revenue multiple ranking one year prior
Software's Biggest Winners & Losers: Lessons from Valuation Changes Over the Past Year →
18% percent
OnlyCFO
2024
Paycom actual reported revenue growth (missed 23% expectation)
Software's Biggest Winners & Losers: Lessons from Valuation Changes Over the Past Year →
11% percent
OnlyCFO
2024
Paycom current expected NTM growth rate after missing expectations
Software's Biggest Winners & Losers: Lessons from Valuation Changes Over the Past Year →
12 percent
Clouded Judgement
2024
median
All public SaaS companies
Clouded Judgement: Is Seat-Based Pricing Dead? →
17 percent
Clouded Judgement
2024
median
All public SaaS companies
Clouded Judgement: Is Seat-Based Pricing Dead? →
12 percent
Clouded Judgement
2024
median
Public SaaS companies
Clouded Judgement: Budget Bifurcation in Enterprise Software Procurement →
17 percent
Clouded Judgement
2024
median
Public SaaS companies
Clouded Judgement: Budget Bifurcation in Enterprise Software Procurement →
17 percent
Clouded Judgement
2024
Q1 2024 YoY
AWS cloud infrastructure
Clouded Judgement: Hyperscaler Rebound vs. Software Guidance Misses in Q1 2024 →
31 percent
Clouded Judgement
2024
Q1 2024 YoY
Azure cloud infrastructure
Clouded Judgement: Hyperscaler Rebound vs. Software Guidance Misses in Q1 2024 →
28 percent
Clouded Judgement
2024
Q1 2024 YoY
Google Cloud infrastructure
Clouded Judgement: Hyperscaler Rebound vs. Software Guidance Misses in Q1 2024 →
13 percent
Clouded Judgement
2024
median
Public SaaS companies
Clouded Judgement: Q4 2023 SaaS Earnings Analysis & Valuation Multiples →
17 percent
Clouded Judgement
2024
median
Public SaaS companies
Clouded Judgement: Q4 2023 SaaS Earnings Analysis & Valuation Multiples →
13 percent
Clouded Judgement
2024
median
SaaS companies at scale in public markets, Q4 2023
Clouded Judgement: Q4 2023 SaaS Earnings Analysis & Valuation Multiples →
17 percent
Clouded Judgement
2024
median
SaaS companies at scale in public markets, Q4 2023
Clouded Judgement: Q4 2023 SaaS Earnings Analysis & Valuation Multiples →
22 percent
OnlyCFO
2024
average
Top 10 public cloud companies
How Profitable Should SaaS Be? →
17 percent
Clouded Judgement
2024
median
Public SaaS companies, LTM basis, Q3 '23
Clouded Judgement: Q4 '23 SaaS Earnings Recap & Valuation Analysis →
13 percent
Clouded Judgement
2024
median
Public SaaS companies
Clouded Judgement: 2024 SaaS Guidance vs. Consensus & Valuation Multiple Analysis →
17 percent
Clouded Judgement
2024
median
Public SaaS companies
Clouded Judgement: 2024 SaaS Guidance vs. Consensus & Valuation Multiple Analysis →
16 percent
OnlyCFO
2024
AppFolio 2021
AppFolio - If you invested $1,000 at IPO: Lessons from a Boring but Durable SaaS Winner →
31 percent
OnlyCFO
2024
AppFolio 2023
AppFolio - If you invested $1,000 at IPO: Lessons from a Boring but Durable SaaS Winner →
23 percent
OnlyCFO
2024
forecast
AppFolio 2024
AppFolio - If you invested $1,000 at IPO: Lessons from a Boring but Durable SaaS Winner →
82 percent
OnlyCFO
2024
average
Companies with worst Rule of X score change in 2021
How to Maximize Valuation | Public Company Rule of X Performance →
35 percent
OnlyCFO
2024
average
All other public software companies in 2023
How to Maximize Valuation | Public Company Rule of X Performance →
13 percent
Clouded Judgement
2024
median
Q4 2023, constant currency
Clouded Judgement: Cloud Giants Report Q4'23 →
28 percent
Clouded Judgement
2024
median
Q4 2023, constant currency
Clouded Judgement: Cloud Giants Report Q4'23 →
26 percent
Clouded Judgement
2024
median
Q4 2023, not constant currency
Clouded Judgement: Cloud Giants Report Q4'23 →
30% percent
OnlyCFO
2024
CrowdStrike current (article context ~2023-2024)
CrowdStrike - 'Rule of X' Winner! From 30% Gross Margins to Most Efficient Public SaaS →
50 percent YoY
Clouded Judgement
2024
median
SaaS companies, 2015-2020 historical period
Clouded Judgement: The Bar for Going Public →
14 percent
Clouded Judgement
2024
median
SaaS public companies
Clouded Judgement: SaaS Valuation Multiples and Fed Rate Sensitivity (January 2024) →
20 percent
Clouded Judgement
2024
median
SaaS public companies
Clouded Judgement: SaaS Valuation Multiples and Fed Rate Sensitivity (January 2024) →
14% percent
Clouded Judgement
2024
median
SaaS basket (80 companies)
Clouded Judgement: SaaS Valuation Multiples and Fed Rate Sensitivity (January 2024) →
20% percent
Clouded Judgement
2024
median
SaaS basket (80 companies)
Clouded Judgement: SaaS Valuation Multiples and Fed Rate Sensitivity (January 2024) →
14 percent
Clouded Judgement
2023
median
Public SaaS companies in tracked index, 2023
Clouded Judgement: 2023 Year-End SaaS Valuation & Performance Analysis →
20 percent
Clouded Judgement
2023
median
Public SaaS companies in tracked index, 2023
Clouded Judgement: 2023 Year-End SaaS Valuation & Performance Analysis →
14 percent
Clouded Judgement
2023
median
NTM growth for public SaaS cohort, Q3 2023
Clouded Judgement: Q3 2023 SaaS Earnings Preview & Valuation Analysis →
3 percent
Clouded Judgement
2023
median
Q3 2023 public SaaS cohort (first positive quarter in two years)
Clouded Judgement: Net New ARR Rebound & AWS ReInvent 2023 Implications →
23.0 percent
OnlyCFO
2023
average
Top 10 revenue multiple public cloud companies, expected next year
Monday.com Deep-Dive: Power of Efficiency Lessons from Gross Margins, Free Cash Flow, and Rule of 40 →
15.0 percent
OnlyCFO
2023
average
Top 10 gross margin public cloud companies, expected next year
Monday.com Deep-Dive: Power of Efficiency Lessons from Gross Margins, Free Cash Flow, and Rule of 40 →
15 percent
Clouded Judgement
2023
median
Public SaaS companies
Clouded Judgement: AI Monetization Layers & SaaS Valuation Inflection →
21 percent
Clouded Judgement
2023
median
Public SaaS companies
Clouded Judgement: AI Monetization Layers & SaaS Valuation Inflection →
32 percent
OnlyCFO
2023
SaaS companies; Confluent Q3 2023 baseline
Confluent's Valuation Plunge: A Cautionary Tale for High-Growth Companies →
22 percent
OnlyCFO
2023
SaaS companies; Confluent Q4 2023 guidance
Confluent's Valuation Plunge: A Cautionary Tale for High-Growth Companies →
48 percent
OnlyCFO
2023
SaaS companies; Confluent Q3 prior year comparison
Confluent's Valuation Plunge: A Cautionary Tale for High-Growth Companies →
27 percent
Clouded Judgement
2023
median
Q2 2023 actual and Q3 2023 consensus expectations
Clouded Judgement: Hyperscaler Cloud Growth & SaaS Valuation Multiples Analysis →
12-13 percent
Clouded Judgement
2023
median
Q2 2023 actual (12%) and Q3 2023 consensus expectations (12-13%)
Clouded Judgement: Hyperscaler Cloud Growth & SaaS Valuation Multiples Analysis →
26-28 percent
Clouded Judgement
2023
median
Q2 2023 actual (28%) and Q3 2023 consensus expectations (26%)
Clouded Judgement: Hyperscaler Cloud Growth & SaaS Valuation Multiples Analysis →
15 percent
Clouded Judgement
2023
median
Public SaaS companies
Clouded Judgement: Interest Rate Risk & SaaS Valuation Compression →
21 percent
Clouded Judgement
2023
median
Public SaaS companies
Clouded Judgement: Interest Rate Risk & SaaS Valuation Compression →
51% percent
OnlyCFO
2023
Company IPO profile, recent SaaS IPO example
Are IPOs Good Investments? Historical Performance of Software IPOs and Retail Investor Returns →
15 percent
Clouded Judgement
2023
median
Public SaaS companies
Clouded Judgement: Medium-Term Software Valuation Setup →
21 percent
Clouded Judgement
2023
median
Public SaaS companies
Clouded Judgement: Medium-Term Software Valuation Setup →
49 percent
OnlyCFO
2023
Domo full fiscal year preceding 2018 IPO
Domo: Cautionary Tale of Hype & Inefficiency →
40 percent
OnlyCFO
2023
Domo subsequent quarter post IPO
Domo: Cautionary Tale of Hype & Inefficiency →
15 percent
Clouded Judgement
2023
median
Median NTM growth rate for SaaS software index
Clouded Judgement: Are Software Companies Over or Undervalued? →
27 percent
Clouded Judgement
2023
average
Long-term median NTM growth rate for SaaS software index
Clouded Judgement: Are Software Companies Over or Undervalued? →
-20 percent
Clouded Judgement
2023
median
Q2 2023 public SaaS cohort (~60 companies, estimated)
Clouded Judgement: Q2 SaaS Earnings Review & Valuation Multiple Analysis →
12 percent
Clouded Judgement
2023
median
Q2 2023, constant currency
Clouded Judgement: Cloud Giants Q2 Update →
27 percent
Clouded Judgement
2023
median
Q2 2023
Clouded Judgement: Cloud Giants Q2 Update →
28 percent
Clouded Judgement
2023
median
Q2 2023
Clouded Judgement: Cloud Giants Q2 Update →
15 percent
Clouded Judgement
2023
median
Public SaaS companies
Clouded Judgement: Cloud Giants Q2 Update →
24 percent
Clouded Judgement
2023
median
Public SaaS companies
Clouded Judgement: Cloud Giants Q2 Update →
27 percent
Clouded Judgement
2023
median
Microsoft Azure Q2 2023, constant currency
Clouded Judgement: Cloud Infrastructure Optimization Cycles & Soft Landing Macro Outlook →
28 percent
Clouded Judgement
2023
median
Google Cloud Q2 2023
Clouded Judgement: Cloud Infrastructure Optimization Cycles & Soft Landing Macro Outlook →
49 percent
Clouded Judgement
2023
median
Most recent quarter vs. prior year quarter for software IPOs
Clouded Judgement: IPO Readiness Metrics & Software Market Drought →
15 percent
Clouded Judgement
2023
median
SaaS companies
Clouded Judgement: Rising Rates and SaaS Valuation Multiples →
24 percent
Clouded Judgement
2023
median
SaaS companies
Clouded Judgement: Rising Rates and SaaS Valuation Multiples →
22 percent
OnlyCFO
2023
median
Q1 2023; declining from 31% in Q1 2020
Closing Sales Deals in 2023: Sales Rep Performance, Discounting Controls, and Deal Governance →
31 percent
OnlyCFO
2023
median
Q1 2020 baseline
Closing Sales Deals in 2023: Sales Rep Performance, Discounting Controls, and Deal Governance →
15 percent
Clouded Judgement
2023
median
Public SaaS companies analyzed in cohort
Clouded Judgement: Q1 2023 Cloud Software Consumption Trends →
24 percent
Clouded Judgement
2023
median
Public SaaS companies analyzed in cohort
Clouded Judgement: Q1 2023 Cloud Software Consumption Trends →
16 percent
Clouded Judgement
2023
median
Public SaaS companies
Clouded Judgement: 2023 Full Year Guidance Update & SaaS Valuation Analysis →
26 percent
Clouded Judgement
2023
median
Public SaaS companies
Clouded Judgement: 2023 Full Year Guidance Update & SaaS Valuation Analysis →
33 percent
Clouded Judgement
2023
Q1 2023; down from 87% in Q3 2019
Clouded Judgement: Consumption Software Slowdown & Q1 2023 Reacceleration Signals →
20 percent
Clouded Judgement
2023
Q4 2022
Clouded Judgement: Hyperscaler Q1 2023 Preview & SaaS Valuation Multiple Analysis →
32 percent
Clouded Judgement
2023
Q1 2021
Clouded Judgement: Hyperscaler Q1 2023 Preview & SaaS Valuation Multiple Analysis →
38 percent
Clouded Judgement
2023
Q4 2022
Clouded Judgement: Hyperscaler Q1 2023 Preview & SaaS Valuation Multiple Analysis →
20 percent
Clouded Judgement
2023
Q4 2022
Clouded Judgement: Hyperscaler Q1 2023 Preview & SaaS Valuation Multiple Analysis →
14-16 percent
Clouded Judgement
2023
January 2023 (mid-teens)
Clouded Judgement: Hyperscaler Q1 2023 Preview & SaaS Valuation Multiple Analysis →
38 percent
Clouded Judgement
2023
Q4 2022
Clouded Judgement: Hyperscaler Q1 2023 Preview & SaaS Valuation Multiple Analysis →
30-31 percent
Clouded Judgement
2023
Q1 2023 guidance
Clouded Judgement: Hyperscaler Q1 2023 Preview & SaaS Valuation Multiple Analysis →
30-60 %
SaaStr
2022
range
Mid-stage growth where CEO transition decision is most difficult
When Should a Founder/CEO Step Down? Growth Stage Decision Framework →
>100 %
SaaStr
2022
threshold
Growth rate where founder should likely stay on
When Should a Founder/CEO Step Down? Growth Stage Decision Framework →
<30-40 %
SaaStr
2022
threshold
Growth rate indicating business model may not be working
When Should a Founder/CEO Step Down? Growth Stage Decision Framework →
25 percent
Clouded Judgement
2022
median
Public cloud software companies
Clouded Judgement →
26 percent
Clouded Judgement
2022
median
Top 10 SaaS companies by market cap, April 2022
Clouded Judgement: Q1 GDP Recession Signals & SaaS Valuation Resilience →
34 percent
Clouded Judgement
2022
median
Top 10 SaaS companies by market cap, April 2022
Clouded Judgement: Q1 GDP Recession Signals & SaaS Valuation Resilience →
6.5 percent
Clouded Judgement
2022
actual
March 2022
Clouded Judgement →
26 percent
Clouded Judgement
2022
median
Public SaaS companies, April 2022
Clouded Judgement →
33 percent
Clouded Judgement
2022
median
Public SaaS companies, April 2022
Clouded Judgement →
50 percent
Clouded Judgement
2022
median
Top 10 public SaaS companies
Clouded Judgement →
26 percent
Clouded Judgement
2022
median
Overall SaaS market
Clouded Judgement →
26 percent
Clouded Judgement
2022
median
Public SaaS cohort
Clouded Judgement: Inflation, Rate Risk, and SaaS Valuation Multiples →
33 percent
Clouded Judgement
2022
median
Public SaaS cohort
Clouded Judgement: Inflation, Rate Risk, and SaaS Valuation Multiples →
26 percent
Clouded Judgement
2022
median
Public SaaS median expected growth
Clouded Judgement: SaaS Valuation Multiples & Market Risk-Off Dynamics →
33 percent
Clouded Judgement
2022
median
Public SaaS trailing 12-month growth (indicates deceleration vs. NTM)
Clouded Judgement: SaaS Valuation Multiples & Market Risk-Off Dynamics →
26 percent
Clouded Judgement
2022
median
Public SaaS cohort
Clouded Judgement →
33 percent
Clouded Judgement
2022
median
Public SaaS cohort
Clouded Judgement →
26 percent
Clouded Judgement
2022
median
Public SaaS companies
Clouded Judgement: COVID Pull Forward vs. Durable Trend in Cloud Software Valuations →
33 percent
Clouded Judgement
2022
median
Public SaaS companies
Clouded Judgement: COVID Pull Forward vs. Durable Trend in Cloud Software Valuations →
26% percent
Clouded Judgement
2022
median
Public SaaS companies
Clouded Judgement →
34% percent
Clouded Judgement
2022
median
Public SaaS companies
Clouded Judgement →
24 percent
Clouded Judgement
2022
median
Public SaaS companies (Feb 2022)
Clouded Judgement: SaaS Valuation in the Face of Fed Rate Hikes and Inflation →
34 percent
Clouded Judgement
2022
median
Public SaaS companies (Feb 2022)
Clouded Judgement: SaaS Valuation in the Face of Fed Rate Hikes and Inflation →
24 percent
Clouded Judgement
2022
median
Public SaaS cohort
Clouded Judgement: SaaS Valuation in the Face of Fed Rate Hikes and Inflation →
34 percent
Clouded Judgement
2022
median
Public SaaS cohort
Clouded Judgement: SaaS Valuation in the Face of Fed Rate Hikes and Inflation →
40 percent
Clouded Judgement
2022
AWS division of Amazon, February 2022
Clouded Judgement →
46 percent
Clouded Judgement
2022
Azure division of Microsoft, February 2022
Clouded Judgement →
44 percent
Clouded Judgement
2022
Google Cloud division, February 2022
Clouded Judgement →
25 percent
Clouded Judgement
2022
median
Public SaaS companies
Clouded Judgement →
34 percent
Clouded Judgement
2022
median
Public SaaS companies
Clouded Judgement →
24 percent
Clouded Judgement
2022
median
Public SaaS companies, January 2022
Clouded Judgement: SaaS Valuation Multiple Compression & Growth-Adjusted Analysis (Jan 2022) →
34 percent
Clouded Judgement
2022
median
Public SaaS companies, January 2022
Clouded Judgement: SaaS Valuation Multiple Compression & Growth-Adjusted Analysis (Jan 2022) →
52% percent
Clouded Judgement
2021
average
Top 10 highest-multiple SaaS companies
Clouded Judgement: Q3 2021 SaaS Earnings Recap & Valuation Multiple Analysis →
24 percent
Clouded Judgement
2021
median
Overall SaaS market
Clouded Judgement →
34 percent
Clouded Judgement
2021
median
Overall SaaS market
Clouded Judgement →
24 percent
Clouded Judgement
2021
median
Overall SaaS universe
Clouded Judgement →
33 percent
Clouded Judgement
2021
median
Overall SaaS universe
Clouded Judgement →
52 percent
Clouded Judgement
2021
median
Top 10 high-growth SaaS companies
Clouded Judgement →
32 percent
Clouded Judgement
2021
median
SaaS companies
Clouded Judgement →
25 percent
Clouded Judgement
2021
median
SaaS companies
Clouded Judgement →
25 percent
Clouded Judgement
2021
median
Public SaaS companies
Clouded Judgement →
32 percent
Clouded Judgement
2021
median
Public SaaS companies
Clouded Judgement →
25 percent
Clouded Judgement
2021
median
Public SaaS companies
Clouded Judgement →
32 percent
Clouded Judgement
2021
median
Public SaaS companies
Clouded Judgement →
52 percent
Clouded Judgement
2021
Braze YoY growth, LTM
Braze: Benchmarking the S-1 Data →
23% percent
Clouded Judgement
2021
median
Public cloud software companies (Q3 2021)
Clouded Judgement →
31% percent
Clouded Judgement
2021
median
Public cloud software companies (Q3 2021)
Clouded Judgement →
23 percent
Clouded Judgement
2021
median
Broad SaaS cohort
Clouded Judgement →
23 percent
Clouded Judgement
2021
median
Public SaaS companies at scale
Clouded Judgement →
31 percent
Clouded Judgement
2021
median
Public SaaS companies at scale
Clouded Judgement →
23% percent
Clouded Judgement
2021
median
Public SaaS companies
Clouded Judgement: SBC Benchmarking and SaaS Valuation Multiples Analysis →
34 percent
Clouded Judgement
2021
median
Public cloud software companies, Q2 2021
Clouded Judgement: Q2 2021 Public Cloud Software Earnings Analysis →
50 percent
Clouded Judgement
2021
top-quartile
Public cloud software companies, Q2 2021
Clouded Judgement: Q2 2021 Public Cloud Software Earnings Analysis →
67 percent
Clouded Judgement
2021
top-decile
Public cloud software companies, Q2 2021
Clouded Judgement: Q2 2021 Public Cloud Software Earnings Analysis →
74 percent YoY
Clouded Judgement
2021
GitLab LTM at S-1 filing
Clouded Judgement: GitLab S-1 Benchmarking Analysis →
49 percent
Clouded Judgement
2021
average
Freshworks LTM
Freshworks: Benchmarking the S-1 Data →
49 percent
Clouded Judgement
2021
Freshworks LTM growth with recent quarterly acceleration
Freshworks: Benchmarking the S-1 Data →
24 percent
Clouded Judgement
2021
median
Public SaaS companies
Clouded Judgement: Q2 2021 SaaS Growth Acceleration & Valuation Analysis →
31 percent
Clouded Judgement
2021
median
Public SaaS companies
Clouded Judgement: Q2 2021 SaaS Growth Acceleration & Valuation Analysis →
37 percent
Clouded Judgement
2021
actual
Q2 2021, accelerating from 32% prior quarter
Clouded Judgement →
24% percent
Clouded Judgement
2021
median
SaaS public companies
Clouded Judgement →
30% percent
Clouded Judgement
2021
median
SaaS public companies
Clouded Judgement →
31 percent
Clouded Judgement
2021
median
Public cloud/SaaS companies Q1 2021
Clouded Judgement: A Look Back at Q1 '21 Public Cloud Earnings →
43 percent
Clouded Judgement
2021
top-quartile
Public cloud/SaaS companies Q1 2021
Clouded Judgement: A Look Back at Q1 '21 Public Cloud Earnings →
23 percent
Clouded Judgement
2021
median
Public SaaS companies
Clouded Judgement →
30 percent
Clouded Judgement
2021
median
Public SaaS companies
Clouded Judgement →
23 percent
Clouded Judgement
2021
median
Public SaaS companies
Clouded Judgement: SaaS Valuation Multiples & Earnings Analysis (June 2021) →
30 percent
Clouded Judgement
2021
median
Public SaaS companies
Clouded Judgement: SaaS Valuation Multiples & Earnings Analysis (June 2021) →
24 percent
Clouded Judgement
2021
median
Public SaaS companies (forward-looking consensus)
Clouded Judgement →
30 percent
Clouded Judgement
2021
median
Public SaaS companies (last twelve months)
Clouded Judgement →
34 percent
Clouded Judgement
2021
WalkMe; deceleration risk noted at small scale relative to peer cohort
WalkMe S-1 Filing Analysis: Benchmarking Pre-IPO SaaS Metrics →
95 percent
Clouded Judgement
2021
top-quartile
Monday.com LTM; top tier of public SaaS growth
Monday.com S-1 Analysis: Benchmarking Growth, Margins, and Unit Economics Against Public SaaS Peers →
24 percent
Clouded Judgement
2021
median
Public SaaS companies
Clouded Judgement →
29 percent
Clouded Judgement
2021
median
Public SaaS companies
Clouded Judgement →
24 percent
Clouded Judgement
2021
median
Public SaaS companies
Clouded Judgement →
23 percent
Clouded Judgement
2021
median
Public SaaS companies
Clouded Judgement →
38 percent
Clouded Judgement
2021
average
Procore LTM trailing twelve months
Clouded Judgement: Procore S-1 Benchmarking Analysis →
23 percent
Clouded Judgement
2021
median
Public SaaS companies
Clouded Judgement: SaaS Valuation Multiples & Operating Metrics Analysis (Feb 2021) →
31 percent
Clouded Judgement
2021
median
Public SaaS companies
Clouded Judgement: SaaS Valuation Multiples & Operating Metrics Analysis (Feb 2021) →
25 percent
Clouded Judgement
2021
DigitalOcean LTM at S-1 filing
DigitalOcean S-1 Analysis: Benchmarking Cloud Infrastructure Economics at IPO →
23 percent
Clouded Judgement
2021
median
Public SaaS companies
Clouded Judgement: SaaS Valuation Metrics & Weekly Earnings Summary →
30 percent
Clouded Judgement
2021
median
Public SaaS companies
Clouded Judgement: SaaS Valuation Metrics & Weekly Earnings Summary →
23 percent
Clouded Judgement
2021
median
Public SaaS companies
Clouded Judgement: SaaS Valuation Metrics & Weekly Earnings Summary →
30 percent
Clouded Judgement
2021
median
Public SaaS companies
Clouded Judgement: SaaS Valuation Metrics & Weekly Earnings Summary →
23 percent
Clouded Judgement
2021
median
Public SaaS companies
Clouded Judgement: SaaS Valuation Multiples & Quarterly Performance Analysis (Feb 2021) →
29 percent
Clouded Judgement
2021
median
Public SaaS companies
Clouded Judgement: SaaS Valuation Multiples & Quarterly Performance Analysis (Feb 2021) →
23 percent
Clouded Judgement
2021
median
Public SaaS companies, January 2021
Clouded Judgement →
30 percent
Clouded Judgement
2021
median
Public SaaS companies, January 2021
Clouded Judgement →
48 percent
Clouded Judgement
2021
reported
Microsoft Azure, Q2 FY2021
Clouded Judgement →
21 percent
Clouded Judgement
2021
median
Public SaaS cohort
Clouded Judgement →
30 percent
Clouded Judgement
2021
median
Public SaaS cohort
Clouded Judgement →
21 percent
Clouded Judgement
2020
median
Public SaaS companies
Clouded Judgement: SaaS Valuation & Acceleration Analysis (Q3 2020) →
30 percent
Clouded Judgement
2020
median
Public SaaS companies
Clouded Judgement: SaaS Valuation & Acceleration Analysis (Q3 2020) →
21 percent
Clouded Judgement
2020
median
SaaS cohort
Clouded Judgement →
30 percent
Clouded Judgement
2020
median
SaaS cohort
Clouded Judgement →
20 percent
Clouded Judgement
2020
median
Public SaaS companies
Clouded Judgement →
31 percent
Clouded Judgement
2020
median
Public SaaS companies
Clouded Judgement →
<20 percent
Clouded Judgement
2020
C3.ai most recent quarter
C3.ai most recent quarter; significant deceleration from prior quarters
C3.ai S-1 Financial Benchmarking Analysis: Growth Deceleration & Valuation Prediction →
20 percent
Clouded Judgement
2020
median
Public SaaS companies
Clouded Judgement →
31 percent
Clouded Judgement
2020
median
Public SaaS companies
Clouded Judgement →
20 percent
Clouded Judgement
2020
median
Public SaaS companies
Clouded Judgement: Q3 2020 SaaS Earnings & Valuation Multiple Analysis →
31 percent
Clouded Judgement
2020
median
Public SaaS companies
Clouded Judgement: Q3 2020 SaaS Earnings & Valuation Multiple Analysis →
19 percent
Clouded Judgement
2020
median
Public SaaS companies, October 2020
Clouded Judgement →
31 percent
Clouded Judgement
2020
median
Public SaaS companies, October 2020
Clouded Judgement →
28 percent
Clouded Judgement
2020
median
57 public SaaS companies YoY
Clouded Judgement: A Look Back at Q2 Public SaaS Earnings →
41 percent
Clouded Judgement
2020
top-quartile
57 public SaaS companies YoY
Clouded Judgement: A Look Back at Q2 Public SaaS Earnings →
62 percent
Clouded Judgement
2020
top-decile
57 public SaaS companies YoY
Clouded Judgement: A Look Back at Q2 Public SaaS Earnings →
18% percent
Clouded Judgement
2020
median
SaaS cohort
Clouded Judgement →
31% percent
Clouded Judgement
2020
median
SaaS cohort
Clouded Judgement →
19 percent
Clouded Judgement
2020
median
Public SaaS companies
Clouded Judgement: SaaS Valuation Trends & Direct Listing Reform →
31 percent
Clouded Judgement
2020
median
Public SaaS companies
Clouded Judgement: SaaS Valuation Trends & Direct Listing Reform →
19 percent
Clouded Judgement
2020
median
SaaS cohort, August 2020
Clouded Judgement →
30 percent
Clouded Judgement
2020
median
SaaS cohort, August 2020
Clouded Judgement →
18% percent
Clouded Judgement
2020
median
SaaS cohort August 2020
Clouded Judgement →
30% percent
Clouded Judgement
2020
median
SaaS cohort August 2020
Clouded Judgement →
42 percent
Clouded Judgement
2020
median
Top 10 SaaS companies by valuation (Q2 2020)
Clouded Judgement →
22 percent
Clouded Judgement
2020
median
SaaS market as of July 2020
Clouded Judgement →
34 percent
Clouded Judgement
2020
median
SaaS market as of July 2020
Clouded Judgement →
22 percent
Clouded Judgement
2020
median
SaaS companies in analyzed cohort
Clouded Judgement →
34 percent
Clouded Judgement
2020
median
SaaS companies in analyzed cohort
Clouded Judgement →
47 percent
Clouded Judgement
2020
average
Top 10 high-growth SaaS companies (Jul 2020)
Clouded Judgement →
19 percent
Clouded Judgement
2020
median
SaaS market overall
Clouded Judgement →
48% %
Kellblog
2007
FY07 vs FY06
Netezza most recent fiscal year
Netezza IPO Filing: Special-Purpose DBMS Market Validation →