How to Track MRR in Stripe: The Complete Guide
Stripe doesn't show MRR natively. Learn how to calculate and track your Monthly Recurring Revenue from Stripe subscription data.
One of the most common frustrations for SaaS founders: Stripe shows you total revenue, but not MRR. Here's why, and what to do about it.
Why Stripe Doesn't Show MRR
Stripe is a payment processor, not an analytics tool. It tracks individual transactions — charges, refunds, payouts. MRR requires aggregating active subscriptions and normalizing them to a monthly value, which Stripe's dashboard doesn't do.
Option 1: Calculate Manually
You can query the Stripe API for all active subscriptions and sum their normalized monthly values. But this doesn't account for:
- Annual plans (need to be divided by 12)
- Metered billing / usage-based charges
- Coupons and discounts
- Multi-currency subscriptions
Plus, you need to run this calculation every day to see trends.
Option 2: Build a Spreadsheet
Many founders start with a Google Sheet that pulls data from Stripe. This works until it doesn't — formulas break, data gets stale, and you spend hours maintaining it instead of building your product.
Option 3: Use an Automated Tool
Tools like Space Worm Analytics connect to your Stripe account and calculate MRR automatically. They handle annual plan normalization, coupons, multi-currency, and update daily.
What Space Worm Shows from Your Stripe Data
- MRR and ARR (updated daily)
- MRR components: New, Expansion, Contraction, Churned, Net New
- Customer churn rate and revenue churn rate
- LTV, ARPU, and Customer Health Scores
- Cohort analysis and revenue forecasting