Technology & B2B SaaS Valuation Multiples (2026)
SaaS and B2B software trade on growth-adjusted EBITDA and, for earlier-stage assets, revenue multiples. Buyers pay up for NRR above 110%, gross margins above 80%, and churn under 5%.
Technology vs peer EV/EBITDA comps (2026)
Bars = median multiple; whiskers = published low–high range. Source: ExitVelocity lower middle-market benchmarks · Q3 2026.
Example: B2B SaaS platform valuation
Vertical B2B SaaS, $2.8M ARR, 82% gross margin, 112% NRR, 4% logo churn, founder still CEOs but VP Sales hired.
At $700K normalized EBITDA, a median 6.8x SaaS multiple implies ~$4.76M enterprise value. Strong NRR and gross margin support the upper half of the 5.5x–8.5x band; founder-led sales still caps a full 8.5x premium.
- • NRR >110%
- • Gross margin >80%
- • Churn <5%
- • Founder-led enterprise sales
- • Customer concentration >20%
Illustrative only — not a formal appraisal. Re-run with your financials in the free AI valuation calculator.
What moves technology multiples
Net Revenue Retention (>110%), gross margins >80%, low churn (<5%).
Use these benchmarks with an AI valuation that adjusts for margin profile, growth, and owner dependency — not a flat industry average alone.
Frequently asked questions
What is the typical Technology EBITDA multiple in 2026?
Technology & B2B SaaS trades at a median of 6.8x EV/EBITDA (range 5.5x – 8.5x) in the lower middle market, based on ExitVelocity’s 2026 deal benchmarks.
What SDE multiple do Technology businesses sell for?
Owner-operated technology companies typically clear a median 3.8x SDE multiple (range 3.0x – 4.5x), depending on recurring revenue quality and owner dependency.
What drives premium Technology valuations?
Net Revenue Retention (>110%), gross margins >80%, low churn (<5%).
Example: what is a Technology business with $700,000 EBITDA worth?
Using 2026 technology multiples, $700,000 EBITDA × 6.8x median ≈ $4,760,000 enterprise value (range roughly $3,850,000–$5,950,000 at 5.5x–8.5x). At $700K normalized EBITDA, a median 6.8x SaaS multiple implies ~$4.76M enterprise value. Strong NRR and gross margin support the upper half of the 5.5x–8.5x band; founder-led sales still caps a full 8.5x premium.
Related industry multiples
Also see: 2026 example business valuations · SDE vs EBITDA · How AI business valuation works