onlycfo.io · 2025-06-24 · 345d

State of GTM: Data & Insights from the Latest ICONIQ Report

The article analyzes ICONIQ portfolio company GTM benchmarks, revealing that while Net Dollar Retention is stabilizing, new logo growth remains weak and the $100M-$200M ARR segment shows alarming NRR decline to 101% coupled with plummeting Magic Numbers. The author warns that non-durable revenue is masking underlying unit economics deterioration and advocates for focused GTM efficiency improvements, highlighting hybrid pricing models as a leading best practice.

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Metrics in this report

Net Dollar Retention (NRR)

101%percent

top-quartile

ICONIQ portfolio companies $100M-$200M ARR, H1 2025 (red flag level)

Quota Attainment

80%percent

target

Ideal sales rep attainment level balancing success with achievability

Total ARR Growth Rate

141%percent

top-quartile

ICONIQ portfolio companies <$25M ARR, H1 2025

Total ARR Growth Rate

78%percent

top-quartile

ICONIQ portfolio companies $25M-$100M ARR, H1 2025

Total ARR Growth Rate

44%percent

top-quartile

ICONIQ portfolio companies $100M-$200M ARR, H1 2025

Total ARR Growth Rate

39%percent

top-quartile

ICONIQ portfolio companies $200M+ ARR, H1 2025