Benchmarks

Public SaaS Valuations

Valuation benchmarks for public SaaS companies. Compare ARR multiples, growth, margins and AI risk across the market.

MULTIPLE PERIODS
Companies tracked
120
Median ARR multiple
4.2x
Highest multiple
57.7x
Median AI risk
18/100
Company Market Cap ARR Multiple Revenue Growth Gross Margin Op. Margin AI Risk
Palantir Technologies Inc.Palantir Technologies Inc.PLTR · Enterprise Platform$446.8B57.7x$1.9B+18.6%84.7%47.1%16/100
BigBear.ai Holdings, Inc.BigBear.ai Holdings, Inc.BBAI · Enterprise Platform$1.5B10.4x$36.7M+6.7%32.8%-77.7%33/100
C3.ai, Inc.C3.ai, Inc.AI · Enterprise Platform$1.5B7.4x$51.6M-3.1%21.9%-234.8%9/100
Leidos Holdings, Inc.Leidos Holdings, Inc.LDOS · Enterprise Platform$17.6B1.0x$4.6B+3.6%17.9%11.3%13/100

SEC filings often mix pure quarterly figures (3 months) with year-to-date (YTD) figures (6 months in Q2, 9 months in Q3) in their 10-Q reports. In these cases, results are normalized to a 3-month period. Market cap & ARR multiple from market data; revenue, growth & margins from SEC filings.