Shows if existing customers expand enough to offset losses. > 100% implies net expansion.
Early B2B 100–110%; Mid-stage 110–120%; Late 120–130%+. Segment by ICP/plan.
Start $100k; Expansion $15k; Contraction $3k; Churn $5k → ((100+15−3−5)/100)=107%.
Using bookings instead of MRR; not excluding one-offs; ignoring seasonality.
Traction slide: show NDR and GDR side-by-side with time window.