Overview
The Revenue & MRR report gives you two related but distinct views of your business finances:
- Revenue — the total amount invoiced (or paid) per calendar month within the selected date range.
- MRR — the committed monthly recurring revenue from all currently active recurring services, regardless of when they were last billed.
Navigate to Admin → Reports → Revenue & MRR.
What Is MRR?
MRR (Monthly Recurring Revenue) is the normalised monthly value of all active recurring services. It tells you how much predictable revenue your business generates per month based on current subscriptions, independent of billing cycle timing.
Commerce calculates MRR by summing the price of each active recurring service, converted to a monthly equivalent:
| Billing Cycle | Conversion Factor |
|---|---|
| Monthly | × 1 |
| Quarterly | ÷ 3 |
| Semi-Annual | ÷ 6 |
| Annual | ÷ 12 |
| Biennial | ÷ 24 |
A service billed at $120/year contributes $10.00 to MRR. A service billed at $15/month contributes $15.00.
[!TIP] MRR is a snapshot metric — it reflects what you would earn if all current subscriptions continued unchanged for one month. It does not account for future churn, upgrades, or downgrades.
Revenue Chart
The revenue section shows total invoiced amounts per calendar month as a bar chart. You can switch the view between:
- Invoiced revenue — total value of invoices issued in the period (regardless of payment status)
- Collected revenue — total of payments received in the period
[!IMPORTANT] Invoiced revenue and collected revenue diverge when clients have outstanding invoices. Invoiced shows what you billed; collected shows what landed in your account. Monitor both to identify overdue payment trends.
MRR vs Revenue: Key Difference
| Metric | Basis | Changes When |
|---|---|---|
| MRR | Current active services | A service is added, cancelled, or price changes |
| Revenue | Historical invoices issued | An invoice is generated or a date range filter changes |
MRR is forward-looking (what you expect monthly). Revenue is backward-looking (what you billed historically).
Date Range Selector
The date range filter applies to the revenue chart only. MRR is always calculated from currently active services as of today — date range does not affect the MRR figure.
Using the Report
- Monitor MRR trend by checking it monthly. A declining MRR means churn is outpacing new sales.
- Compare invoiced vs collected to spot months with high outstanding balances.
- Use annual date range to identify seasonal revenue patterns.