Finance calculator

Burn Multiple Calculator

Compare net cash burn with net new annual recurring revenue.

FreeNo signupReviewed September 7, 2026
Estimated result
Burn multiple1.6×

What this calculator measures

Measures capital efficiency by comparing net burn to net new ARR.

Common use cases

Use this model when the inputs describe the same decision, period and customer or product scope.

  • Compare net cash burn with net new annual recurring revenue.
  • Use the result with the recorded inputs: Net cash burn, Net new ARR.
  • Compare multiple scenarios before making a finance decision.

Formula

Burn multiple = Net cash burn ÷ Net new ARR

Lower positive multiples indicate more recurring-revenue growth per dollar burned.

Worked example

Net burn of $150,000 divided by $100,000 net new ARR results in a burn multiple of 1.5x.

How to interpret the result

Lower burn multiples indicate highly efficient growth.

Assumptions and limitations

  • Net new ARR is calculated on a consistent net basis.

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