What is Net Revenue? 🤔
Net Revenue is money in the bank, so to speak. It shows you how much money you were paid broken out by day.
How is it calculated? 🤷♀️
Our formula is simple:
Gross Volume (Recurring and Non-recurring) - Refunds = Net Revenue
Refunds are removed from the day the charge occurred. So if you refund a charge from a month ago for $10, Net Revenue is retroactively reduced by $10 for that day.
How is Net Revenue different from MRR? 📢
Non-monthly plans are not normalized. So if you have a $1,200/year signup, that revenue will show up in Net Revenue as "$1,200".
Non-recurring charges are included.
Why is my Net Revenue different from Stripe? 💵
Stripe doesn't account for refunds. Also, we break out Net Revenue using the UTC time zone, whereas your Stripe dashboard may be localized to your own time zone. This means we may report revenue on a different day than Stripe.