Rule of 40 Calculator

Add your revenue growth rate and profit margin to see your Rule of 40 score and whether your business clears the 40% benchmark.

Rule of 40 Calculator
Rule of 40 Score
Result
Revenue Growth
Profit Margin
Gap to 40%
Your Score vs the 40% Benchmark

How the Rule of 40 Works

The Rule of 40 is a simple health check for software and subscription businesses. It says that a company's revenue growth rate plus its profit margin should add up to at least 40%. It captures the core trade-off every growth business faces: you can grow fast, be profitable, or balance the two — but the combination should clear the bar.

The Rule of 40 Formula

Score = Revenue Growth Rate (%) + Profit Margin (%). A company growing 30% with a 15% margin scores 45 and passes. One growing 50% while burning cash at a −15% margin still scores 35 and falls short. Either lever can carry the score, which is why hyper-growth startups with thin or negative margins can still qualify.

Which Margin Should You Use?

There is no single standard — different analysts use EBITDA margin, free-cash-flow margin, or operating margin. The key is consistency: use the same definition over time and when comparing companies. This calculator accepts whichever margin figure you enter, so pick one and stick with it.

Tip: The Rule of 40 becomes most meaningful once a company reaches scale (roughly $1M+ in revenue). Very early startups routinely break it while investing heavily in growth, and that can be perfectly healthy.

Using the Score

A score above 40 signals an efficient balance of growth and profitability that investors reward with higher valuation multiples. Below 40, look at which lever is lagging: if growth is strong but margins are deeply negative, spending may be inefficient; if margins are healthy but growth has stalled, the business may need to reinvest. The chart compares your score to the 40% line at a glance.

Frequently Asked Questions

What is the Rule of 40?
The Rule of 40 states that a software company's revenue growth rate plus its profit margin should equal at least 40%. It is a quick way to judge whether a business balances growth and profitability efficiently.
How do I calculate my Rule of 40 score?
Add your revenue growth rate to your profit margin, both as percentages. A company growing 30% with a 15% profit margin scores 45, which passes the 40% threshold.
Which profit margin should I use for the Rule of 40?
There is no universal standard — EBITDA margin, operating margin, and free-cash-flow margin are all common. The important thing is to use the same definition consistently when tracking over time or comparing companies.
Can a company pass the Rule of 40 while losing money?
Yes. A business with very high growth can pass even with a negative margin. For example, 55% growth and a −10% margin still scores 45. High growth can offset unprofitability, and vice versa.
Does the Rule of 40 apply to early-stage startups?
It is most useful for companies at scale, roughly $1M or more in revenue. Very early startups often break the rule intentionally by investing heavily in growth, which can be healthy at that stage.

Related Calculators

Was this calculator helpful?
C
Written & reviewed by the CalcHeadquarters Editorial Team
Every calculator is built from published formulas and authoritative sources, then independently checked for accuracy before it goes live. Last updated June 2026. Read our editorial policy & methodology.