Definition

Net Revenue Retention (NRR)

The percentage of recurring revenue retained from existing clients, including expansions, contractions, and churn.

The percentage of recurring revenue retained from existing clients, including expansions, contractions, and churn.

Definition

Net Revenue Retention measures how much recurring revenue you keep and grow from your existing client base. Unlike simple retention rate, NRR accounts for upsells (expansion revenue), downgrades (contraction), and churn. An NRR above 100% means you're growing revenue from existing clients even without new sales.

Why This Matters for Agencies

For agencies with retainer models, NRR is arguably more important than client count. You can lose clients but still grow if remaining clients expand their contracts. Top-performing agencies achieve 110-130% NRR through strategic account growth.

Formula

((Starting MRR + Expansion - Contraction - Churn) / Starting MRR) × 100
Starting MRR:Monthly recurring revenue at period start
Expansion:Revenue from upsells and upgrades
Contraction:Revenue lost from downgrades
Churn:Revenue lost from cancelled clients

Example

Starting MRR: $100,000. Expansion: +$15,000. Contraction: -$5,000. Churn: -$8,000. Ending MRR from existing: $102,000. NRR = 102%

Grow Revenue from Existing Clients

Angelwood helps identify expansion opportunities and protect against downgrades by tracking client engagement and satisfaction.