Valuation

Best SaaS Valuation Calculators in 2026: 20 Free Tools Tested

I'm Khaled Azar, and I run Livmo, a firm that helps software founders sell their companies. We built one of the free online calculators that estimate what a software business is worth. We wanted to know how it compares, so we tested ours against every other one we could find. We found 26, and 20 of them let you enter your subscription revenue. We scored each of those 20 on 7 things, like where each tool gets its numbers and how many questions it asks. Livmo's calculator scored 92 out of 100, the highest. BigIdeasDB, a site that tracks software businesses up for sale, came second with 76.5. You shouldn't trust that just because we say it, so this post links to the source for every fact.

Then we entered the same made-up example into all 20: $2 million of subscription revenue a year. The answers went from $2.0 million to $12.6 million. The highest was more than 6 times the lowest. The tool you pick changes what you think your company is worth. The founders I work with use these numbers to decide whether to sell, and at what price. This post shows which calculators to use for your business, and what to do with the number you get.

The best SaaS valuation calculators, ranked

Here is the full ranking. Every score is out of 100 and comes from 7 weighted criteria, explained in the scoring section below. "Prices on" tells you what the tool multiplies to get your value: your yearly revenue, or your yearly profit. That one choice explains most of the gap between tools.

RankCalculatorScoreRun byPrices onEmail to see result
1Livmo SaaS Valuation Calculator92.0M&A advisor (us)Profit or revenue, by marginNo
2BigIdeasDB76.5Software companyRevenueNo
3CT Acquisitions72.5M&A advisorRevenueNo
4FounderCalculators65.5IndependentRevenueNo
5SaaS Verdicts65.5Review siteRevenueNo
6Wildfront65.0Buyer of small SaaS companiesProfitNo
7SaaSClue64.5IndependentRevenueYes
8Founderpath63.0LenderRevenue, part profitNo
9Saasfactor59.5Design agencyFundraising methodsPartly
10Valzura56.5Software companyProfit or revenue, by sizeYes
11YourExitValue54.0Business brokerProfitNo
12SaaStr.ai52.5MediaFundraising roundsNo
13saasvaluationmultiple.com49.5IndependentRevenueNo
14APIVoid48.5Software companyRevenueNo
15Empire Flippers44.5MarketplaceProfitYes
16Zebracat44.0Software companyRevenueNo
17Eton Venture Services43.5M&A advisorRevenueNo
18ValuSaaS38.5IndependentNot statedYes
19Efficient Capital Labs33.5LenderRevenue (fixed formula)No
20Shout33.5Software companyRevenue (fixed formula)No

All 20 were checked on November 8, 2026. A calculator changes when its owner updates it, so treat this as a dated snapshot, and check the date at the top of this post before you rely on a score.

The top 10 SaaS valuation calculators, reviewed

What each tool asks, where its numbers come from, what you get back, and where it lost points.

Two terms come up in every review. ARR is your annual recurring revenue, the subscription revenue you can count on for the next 12 months. A revenue multiple is the number a buyer multiplies your ARR by to get a price, so a 4x multiple on $2 million of ARR is an $8 million price. Some tools use a profit multiple instead, which works the same way on your yearly profit.

1. Livmo SaaS Valuation Calculator: 92.0

We built this one, so read this review with that in mind. We scored it with the same rules and the same kind of evidence as every other tool, and we show you exactly where it lost points.

What it asks: 36 inputs plus 6 yes-or-no deal-breaker questions. Beyond ARR, growth, company age, sales motion and pricing model, it asks for gross revenue retention (the share of last year's revenue you kept, before upsells), net revenue retention (the same number with upsells counted), gross margin, profit margin, customer concentration, contract length, sales efficiency and founder independence. A blank answer scores zero, so every answer you add can only raise your number.

Where its numbers come from: 271 closed sales of software companies from BVR DealStats, a database of private company sales, with sale dates from January 2015 to January 2025. The logic page shows which rows the calculator uses for each revenue size.

How it prices you: a company that loses money is priced on revenue. A company with a profit margin of 25% or more is priced on profit. Between 0% and 25%, the two blend in proportion to the margin, so your first dollar of profit never lowers your price. A founder who can't leave the business for a month is priced on seller's discretionary earnings, which is profit with the owner's own pay added back.

What you get: a value range, the multiple it used and what it was applied to, a score for each part of the business, and a "What holds it down" list of up to 5 things to fix. No email is needed.

Where it lost points: freshness. Its deal data ends in January 2025, and we scored freshness on the date of the data, not the date of the last software update. That cost it 8 points. We're adding newer sales data, and we'll re-score it when we do.

Best for: a founder of a profitable or near-profitable SaaS company who wants a number built from real closed sales, and a list of what to fix before selling.

2. BigIdeasDB: 76.5

What it asks: 9 inputs: ARR or monthly revenue, growth rate, monthly churn, gross margin, team size, company stage, business type and founding year. The page says the company stage is recorded for context only and does not change the value.

Where its numbers come from: its own dataset of 780+ small software companies listed for sale with a stated price, revenue and profit, verified October 18, 2026. The page is open about the weakness: these are asking prices, not closed sales, and it says to treat every multiple as a ceiling.

What you get: an average of 3 methods, a value range, a confidence score and a table of outcomes at different growth rates. No email is needed.

Where it lost points: asking prices are not sale prices, so its data scored below a closed-sale dataset. We also found the result panel and the page table disagree for the same revenue band: 1.95x revenue in the result against 1.5x in the table.

Best for: a founder who wants to see what similar small software companies are asking for right now.

3. CT Acquisitions: 72.5

What it asks: ARR, growth, gross margin, profit margin (it accepts losses), net and gross revenue retention, how fast new customers pay back what they cost to win, and one question that combines product type with how much the business depends on the founder.

Where its numbers come from: "CT Acquisitions analysis", with its ranges by company size attributed to broker data from FE International and Quiet Light. The page names those sources but links no dated report and gives no deal count.

What you get: a value range and a multiple range in under a minute, with no email. A report on what to improve needs your name and email.

Where it lost points: its adjustments are only visible in the page's code, the result doesn't show what moved the number, and the code collects gross margin but doesn't use it. For our sample company it returned 5.3x to 6.5x revenue, while the same page says a company like ours "is a 4-5x ARR business".

Best for: a fast first range with the right retention questions.

4. FounderCalculators: 65.5

What it asks: 3 inputs: ARR, growth and net revenue retention.

Where its numbers come from: a benchmark table that names SaaS Capital's 2025 and 2026 surveys, Aventis Advisors and Livmo. The page says it took these figures from "2026 industry summaries" of those studies, so they are secondhand.

What you get: a value, a range of 25% either side, the multiple and a label that compares it with the market. The page prints the full table of multiples by growth rate, so you can check the math yourself. Updated October 2026.

Where it lost points: only 3 inputs, so profit, churn and concentration never touch your number.

Best for: a 30-second sanity check you can verify by hand.

5. SaaS Verdicts: 65.5

What it asks: current and prior-year ARR, the share of revenue that recurs, net revenue retention, gross margin, profit margin, churn, your largest customer's share of revenue, how confident you are in your numbers, plus cash, debt and your ownership share.

What you get: the most complete result of any tool we tested: a range, a quality score, how much each input moved the multiple, a bridge from company value to what you'd take home, a sensitivity table and a CSV export. Benchmarks were reviewed in August 2026.

Where it lost points: the starting multiple is a slider you set yourself, at 4.0x by default, and the page names no source for it. The whole result scales with that one number.

Best for: a founder who already knows roughly what multiple applies and wants to see what it means for their own take-home.

6. Wildfront: 65.0

What it asks: ARR, yearly profit (it accepts either standard profit or owner-adjusted profit), growth, gross margin, net revenue retention, churn, your top customer's share, your market and one-time costs to add back.

How it prices you: on profit, the way a buyer of a small company does. Wildfront is an investment firm that buys small software companies, so this tool shows how a buyer thinks. The page says private multiples for bootstrapped companies "typically range from 2-10x earnings".

Where it lost points: no named source and no date for its multiples.

Best for: a profitable founder who wants to see the number through a buyer's eyes. Keep in mind that the company behind it buys businesses like yours.

7. SaaSClue: 64.5

What it asks: monthly recurring revenue, growth, monthly churn and gross margin, plus an advanced mode with net revenue retention, the cost to win a customer, customer lifetime value, cash burn, customer count and funding stage.

Where its numbers come from: it names the BVP Emerging Cloud Index and the SaaS Capital Index plus private sale databases it doesn't name, dated Q1 2026. Its method section explains 6 adjustments, each capped at 35% either way.

Where it lost points: the result was hidden behind a name, email and company form when we tested it, even though the page says "No signup". Its multiples also start from public and private indexes with no step for the discount a small private company usually takes.

Best for: a founder who wants to see how churn, retention and burn each move the number, and doesn't mind giving an email.

8. Founderpath: 63.0

What it asks: ARR and growth, with optional net revenue retention, gross margin and profit margin.

What you get: a low, middle and high case, a breakdown of what moved the multiple, a list of what to improve and a table of outcomes. Updated July 2026. No email.

Where it lost points: it names no source for its multiples. When you enter a profit margin, it switches to a fixed blend of 70% revenue-based and 30% profit-based value. In our test, entering a healthy 20% profit margin lowered the value by $1.86 million compared with leaving the field blank. Founderpath is a lender, and the page leans toward raising money.

Best for: a growing founder who wants a revenue-based range and quick suggestions.

9. Saasfactor: 59.5

What it asks: industry, stage (pre-seed, seed or Series A and later), 6 scores out of 10 for team, product, market, traction, sales approach and competitive edge, then ARR, growth and gross margin.

Where its numbers come from: it lists 10 dated sources, from the SaaS Capital Index to Livmo's own sale data, but doesn't say which source sets which number.

Where it lost points: it's built to price a fundraising round, not a sale. At the Series A stage it gives 60% of the weight to 3 methods investors use for startups. The headline number shows without an email, but the range and the breakdown need one.

Best for: a founder raising money, not one selling.

10. Valzura: 56.5

What it asks: the most detailed financial form we saw: 3 years of revenue, cost of delivery, operating costs, owner pay, owner dependency, customer concentration, retention, expansion and the share of revenue that recurs.

How it prices you: the page says that below roughly $1 million of ARR, buyers price on owner-adjusted profit at 3x to 8x, and above it on revenue at 3x to 12x. Its methodology page explains its data categories.

Where it lost points: you need to give an email before you see any number, the methodology names no dataset, and nothing is dated.

Best for: an owner with clean financials who wants a profit-based view and doesn't mind giving an email.

Key takeaway

Only 2 of the top 10 price a profitable company like our sample mainly on its profit: Livmo and Wildfront. Valzura does it only below about $1 million of ARR, and Founderpath counts profit for 30% of its blend. If your company makes money, that choice matters more than any single score.

The other 10 calculators

11. YourExitValue, 54.0. A broker's tool with 3 inputs: revenue, owner-adjusted profit and the share of revenue that recurs. It applies 5.0x to profit. Simple, profit-based and honest about it, but with no named source.

12. SaaStr.ai, 52.5. Built on venture funding rounds from Carta and PitchBook's Q3 2025 report. It requires a funding stage and has no bootstrapped option. Its own tagline is "Know Your Worth Before You Pitch", so use it before raising money, not before selling.

13. saasvaluationmultiple.com, 49.5. Clear and recently updated, with a downloadable report. The page says its starting multiples are "the model's own assumptions, not figures published by any index", and it tells you to take 20% to 40% off by hand for a private company.

14. APIVoid, 48.5. 8 inputs, including website traffic. A clean range and multiple, but no source and no date.

15. Empire Flippers, 44.5. A marketplace that prices on 12 months of net profit times 1.7x to 5x or more. You must give an email at the last step to see the result.

16. Zebracat, 44.0. ARR and growth only, with a published table of multiples by growth rate.

17. Eton Venture Services, 43.5. Good questions on retention, margin, churn and founder dependency, but no source, no date and no multiple in the result.

18. ValuSaaS, 38.5. Claims data from "500+ SaaS exits" without naming the dataset. It needs an email, and the exact value costs $19.

19 and 20. Efficient Capital Labs and Shout, 33.5 each. Both use the same fixed formula from a 2013 blog post by David Cummings: 2 inputs, 1 number, no range.

Not ranked: Exitwise and Flippa have no field for recurring revenue, so they can't tell a subscription business from any other. Acquire.com asks for an email before it shows a single question. Quiet Light and FE International offer a form to talk to their team, not a calculator.

How we scored every SaaS valuation calculator

We wrote the scoring rules and locked the weights on November 8, 2026, before we checked a single tool. Changing weights after you see the scores turns a ranking into an advertisement, so we didn't.

CriterionWeightWhat earned full marks
Data basis25%Names a dataset of closed private software sales, with its size or period
SaaS inputs20%Asks for 9 or more of 12 value drivers: ARR, growth, net retention, gross retention or churn, gross margin, profit, concentration, cost to win customers, contract length, company age, founder dependence and market type
Fit for a sale15%Prices a company sale, on profit or by switching between profit and revenue, and says so
Useful result15%Shows a range, the multiple, what moved it, what to fix, and lets you save it
Method published10%Explains the formula and every adjustment
Freshness10%Its data is dated within the last 6 months
Access5%Shows the result with no email or signup

Here is every score for every tool, out of 10 per criterion. To rebuild a total, multiply each score by its weight, add them up and divide by 10.

CalculatorData (25%)Inputs (20%)Sale fit (15%)Result (15%)Method (10%)Fresh (10%)Access (5%)Total
Livmo101010101021092.0
BigIdeasDB786610101076.5
CT Acquisitions710645101072.5
FounderCalculators746410101065.5
SaaS Verdicts483105101065.5
Wildfront481061001065.0
SaaSClue7638106564.5
Founderpath46685101063.0
Saasfactor76061061059.5
Valzura48102100556.5
YourExitValue42106561054.0
SaaStr.ai74010521052.5
saasvaluationmultiple.com043810101049.5
APIVoid4638501048.5
Empire Flippers4610050544.5
Zebracat42641001044.0
Eton Venture Services4832501043.5
ValuSaaS480252538.5
Efficient Capital Labs42301001033.5
Shout42301001033.5

Every fact came from the tool's own page, with the address and the date we checked it. A search engine summary never counted, because those often invent details. If a tool didn't publish something, it scored zero for it. If a page didn't load, we tried again instead of scoring it.

Two scorers worked alone. I scored each tool, and a second AI reviewer who saw only the rules and the evidence scored it again. Where we differed by more than 2 points on a criterion, which happened 12 times, we went back to the source page and logged the reason for the final call.

The obvious problem is that we built the tool at the top. We wrote these rules knowing how our calculator works, and it rewards things we built on purpose: real sale data, many inputs and a switch between revenue and profit. We think those are the right things to reward, because they are what buyers actually look at. You can judge that yourself: every tool's page is linked in the table above.

Same company, 16 calculators, 15 different answers

We entered one sample company into every calculator. The highest answer was more than 6 times the lowest.

Here is the company. It's an illustration, not a real business: $2 million of ARR, growing 25% a year, an 80% gross margin and a 20% profit margin, which is $400,000 of profit a year. It keeps 105% of last year's revenue after upsells, its largest customer is 8% of revenue, it has 12 employees, and the founder never raised outside money.

16 tools showed a number. 4 hid it behind an email form. Here is each tool's main estimate, from lowest to highest.

CalculatorPrices onMain estimateRange shown
WildfrontProfit$2.0M$1.6M to $2.4M
LivmoProfit and revenue blend$2.4M$1.6M to $3.2M
YourExitValueProfit$2.75M$2.39M to $3.11M
APIVoidRevenue$6.5M$5.84M to $7.13M
BigIdeasDBRevenue$6.66M$3.8M to $12.3M
Efficient Capital LabsRevenue$7.25MNone
ShoutRevenue$7.25MNone
SaaStr.aiRevenue$7.5M$7M to $8M
ZebracatRevenue$8.0MNone
SaasfactorFundraising blend$8.08MBehind email
FounderCalculatorsRevenue$9.0M$6.8M to $11.3M
FounderpathRevenue, part profit$9.14M$6.86M to $12.34M
SaaS VerdictsRevenue$9.7M$8.3M to $11.7M
saasvaluationmultiple.comRevenue$11.0M$8.3M to $14.9M
CT AcquisitionsRevenue$11.9M$10.7M to $13.1M
Eton Venture ServicesRevenue$12.6M$10.2M to $15.0M

"Main estimate" is the single number a tool shows, or the middle of its range when it shows only a range. Founderpath's figure includes the 20% profit margin. Livmo's figure used only 11 of its 36 inputs, the ones this sample company defines. Livmo counts a blank input as zero instead of filling in a default, so missing answers pull its estimate down.

$2.0M to $12.6M

What 16 free calculators said the same $2 million ARR company is worth, checked November 8, 2026.

Why the answers split into two groups

The 3 tools that price on profit landed between $2.0 million and $2.75 million. The 13 that start from revenue landed between $6.5 million and $12.6 million. Nothing about the company changed. Only the question the tool asked changed.

Walk through what the high answers imply. Take the $10 million in the middle of the revenue group. The company makes $400,000 of profit a year. At that profit, a buyer who pays $10 million needs 25 years to earn the price back. Very few buyers of a $2 million company will wait that long, and the buyers who will are usually betting on fast growth this company doesn't have.

That's why the tools built by people who buy and sell small companies price on profit. Wildfront buys small software companies and prices on profit. Empire Flippers, a marketplace for small online businesses, says profit-based pricing is "most suitable for businesses up to around $5 million". Even CT Acquisitions, whose own calculator prices on revenue, says on the same page that buyers "price cash flow and execution risk rather than growth optionality".

Revenue pricing isn't wrong. It fits a company that is growing fast and spending its profit to grow, or one that a strategic buyer wants for its customers or its product. If your company loses money on purpose to grow, a revenue multiple is the honest way to value it, and we cover that case in how buyers value a SaaS company that loses money.

A calculator that prices a profitable small company on revenue alone is answering a question no buyer of that company is asking.

Side by side: what the top 10 ask and show

CalculatorData sourceValue drivers askedRangeShows what to fixLast dated
Livmo271 closed sales, BVR DealStatsAll 12YesYesData to Jan 2025
BigIdeasDB780+ asking prices, own dataset7YesGeneral adviceOct 2026
CT AcquisitionsOwn analysis, broker data named9 or moreYesBehind emailPage updated June 2026
FounderCalculatorsSaaS Capital, Aventis, Livmo, secondhand3YesGeneral adviceOct 2026
SaaS VerdictsNone named7 to 8YesYesAug 2026
WildfrontNone named7 to 8YesGeneral adviceNot dated
SaaSClueBVP and SaaS Capital indexes5 to 6Behind emailNoQ1 2026
FounderpathNone named5 to 6YesYesJuly 2026
Saasfactor10 sources listed5 to 6Behind emailBehind emailApril 2026
ValzuraData types described, none named7 to 8Behind emailNot seenNot dated

"Value drivers asked" counts the 12 drivers from our scoring table. A band like "7 to 8" is the band of our scoring table that the tool fell in.

Which SaaS valuation calculator should you use?

Pick by your situation, not by the score alone.

  1. You're profitable, under about $5 million of ARR, and thinking about selling: start with a tool that prices on profit, like Livmo, Wildfront or YourExitValue. Then run one revenue-based tool to see the optimistic end, and expect real offers closer to the profit-based number.
  2. You're growing fast and spending your profit to grow: a revenue-based tool fits better. Use one that asks about retention, like CT Acquisitions, SaaS Verdicts or SaaSClue, because buyers price your revenue on how much of it stays. Our post on net revenue retention explains why that one number moves the price so much.
  3. You're raising money, not selling: SaaStr.ai and Saasfactor are built for that question. Don't use their number as a sale price.
  4. You want a quick check you can verify by hand: FounderCalculators prints its whole table of multiples on the page.
  5. Always: run at least 2 tools that price differently. If they're far apart, the gap tells you which question matters for your company, and the current SaaS valuation multiples show where real deals land.

No calculator replaces a buyer reading your actual numbers. If you want to know what moves a buyer before you ever run a tool, start with how to value your tech company in 7 minutes.

What to have ready before you run a calculator

Most of these tools ask for fewer than 10 numbers. Livmo's asks 36, so it takes longer. Answer what you know and skip the rest. Here is where each common input lives.

InputWhat it isWhere to find it
ARRSubscription revenue you can count on for the next 12 monthsYour billing system: monthly recurring revenue times 12
Growth rateHow much ARR grew in the last 12 monthsThis month's ARR divided by the same month last year, minus 1
Gross marginThe share of revenue left after the direct cost of serving customers (hosting, support, payment fees)Your profit and loss statement
Profit marginYearly profit before interest and taxes, as a share of revenueYour profit and loss statement, last 12 months
Owner-adjusted profitProfit with your own salary and personal costs paid by the company added backProfit and loss statement plus your payroll records
Net and gross revenue retentionThe share of last year's customer revenue you still have, with and without upsellsYour billing system, comparing the same customers 12 months apart
Largest customer shareYour biggest customer's revenue divided by total revenueYour billing system

If you don't track retention yet, our post on net revenue retention shows how to calculate it from your billing data.

What moves the number up or down

Every tool weighs different things, but the same few inputs move the answer in almost all of them. These are the ones to work on if you want a higher number.

  • Revenue that stays. The tools that ask about retention reward you for keeping and growing last year's customers. Livmo's calculator gives gross revenue retention the most weight of any input. See the churn benchmarks that matter for valuation.
  • Profit, if you price on profit. On a profit-based tool, every extra dollar of yearly profit is worth several dollars of price, so cutting costs that don't drive growth raises the number directly.
  • Your largest customer. Tools that ask about concentration lower the number when one customer is a big share of revenue. Livmo's calculator flags more than 30% from one customer as high risk.
  • How much the business needs you. Livmo prices a company whose founder can't leave for a month on owner-adjusted profit, and CT Acquisitions lowers the multiple for a founder-dependent business. Written processes help here, which we cover in the value of documented processes when selling.

How close do calculators get to a real sale price?

None of the 20 tool pages we read shows how its estimates compare with prices that buyers actually paid. Only one, ours, is built from a named set of closed software sales, and even that tells you where similar companies sold, not what a buyer will pay for yours. Treat any calculator's number as a starting range. The real price depends on what a buyer finds when they read your financials, your contracts and your customer data.

As for your email, 16 of the 20 tools show a result without one. We didn't review each tool's privacy policy, so if you don't want follow-up calls, start with those 16.

What to do with your number

  1. Run 2 calculators that price differently, one on profit and one on revenue, and write down both numbers.
  2. Read what each tool says holds the number down. Pick the 2 or 3 items you can change in the next 12 months.
  3. Run the same tools again every 6 months with fresh numbers, so you see whether your changes worked.
  4. When you're within a year or two of selling, get a real buyer's view of your numbers. Our guide on how to sell a SaaS company walks through the process from first conversation to final sale.

Frequently Asked Questions

What is the best SaaS valuation calculator?

In our test of 20 free calculators on November 8, 2026, the Livmo SaaS Valuation Calculator scored highest at 92 out of 100, followed by BigIdeasDB at 76.5 and CT Acquisitions at 72.5. Livmo built the top tool, so we published every score, the scoring rules and the source page for each tool.

Why do SaaS valuation calculators give such different answers?

Most of the gap comes from what the tool multiplies. The same $2 million ARR company with $400,000 of profit was valued at $2.0 million to $2.75 million by the 3 tools that price on profit, and at $6.5 million to $12.6 million by the 13 that start from revenue.

Should I value my SaaS company on revenue or profit?

If your company is profitable and under about $5 million of ARR, buyers usually price it on profit, so start with a profit-based tool. If you are growing fast and spending your profit to grow, a revenue multiple fits better, and buyers will weigh how much of that revenue you keep each year.

Are free SaaS valuation calculators accurate?

They give a starting range, not a price. Only 1 of the 20 tools we tested names a dataset of closed software company sales, and 4 of the 20 hide the result until you give an email.

Next Steps

Ran a few calculators and got numbers that don't agree? We'll show you which one a buyer of your company would actually use, and what it would take to move it up.

Book a Free Value Assessment