Article

LTV

August 22, 2026 · Aditya Gupta

Business Finance

Customer Lifetime Value (LTV or CLV) is the total revenue or profit a customer generates over their entire relationship with the business. Calculated for subscriptions as: ARPU × Gross Margin / Churn Rate. A SaaS company with $200/month ARPU, 80% gross margin, and 2% monthly churn has LTV of $8,000. LTV is the ceiling for what you can spend on customer acquisition — LTV/CAC ratios above 3:1 indicate healthy unit economics. Higher LTV businesses can afford more aggressive sales/marketing investment. Improving LTV: reduce churn (best lever), increase pricing, upsell/cross-sell existing customers.

Corporate Finance

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