Burn multiple calculator

Burn multiple measures your capital efficiency: how much net cash you burn for every €1 of net new ARR you add. Lower is better. Early-stage multiples run higher (you are pre-scale) — which is why the verdict is stage-aware.

Burn multiple

2.0×

Efficient for your stage: you are turning burn into new revenue well.

See healthy burn-multiple ranges

Burn multiple = net burn ÷ net new ARR over a period. Lower is better. Early-stage runs higher (pre-scale) — the verdict uses stage-aware ranges, not a mature-SaaS bar.

Efficient burn is one number — is the whole business viable?

The full model checks burn multiple alongside runway, unit economics and a default-alive verdict.

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Last updated: June 25, 2026. For information only — not financial advice.