Unit economicsMetric 15 of 35

CAC Payback

Months until a new customer pays back what you spent to land them.

How many months a new customer takes to repay the cost of acquiring them, on a gross-margin basis. Critical for cash-constrained startups — a great LTV:CAC means nothing if payback is 4 years and you have 12 months of runway.

Formula

CAC Payback = CAC ÷ (ARPU × Gross Margin)

Worked example

CAC $1,200, ARPU $200, margin 80% → Payback = 1,200 ÷ (200 × 0.80) = 7.5 months.

Benchmark

B2B SaaS
Excellent
< 12 months
Healthy
12–18 months
Cash risk
> 24 months

Why it matters

CAC payback is the bridge between unit economics and cash flow. A 36-month payback with 12 months of runway is structural insolvency, regardless of LTV. Investors increasingly index on CAC payback over LTV:CAC because it's harder to game.

Common mistakes

  • Calculating payback on revenue not gross profit — overstates by COGS percentage.
  • Annualising rather than computing month-by-month, which loses early-period detail.

Tracked in FlowMRR

Not tracked — needs your CAC; FlowMRR supplies the ARPU and gross-margin half of the formula.