← All OKR examples

SaaS OKRs: real examples, explained

A SaaS OKR holds up when it moves one of the compounding numbers, conversion, retention or expansion, and stays with the team that owns it.

SaaS companies live and die by a handful of compounding numbers: conversion, retention, expansion. That makes them fertile ground for OKRs, and also easy to get wrong when a team chases a metric it cannot actually move. The strongest SaaS OKRs point at a real change in one of those numbers and keep ownership where the levers are.

One test worth borrowing: if a key result would improve simply because the sales team had a good quarter, it does not belong to the team that wrote it.

A SaaS team's OKR overview in OKRnest

Company-level SaaS OKR examples

Objective: Make the product something customers grow into, not out of

  • Lift net revenue retention from 96% to 110%
  • Grow accounts actively using 3 or more modules from 22% to 40%
  • Halve monthly logo churn from 2.4% to 1.2%

Level: Company Company type: SaaS

Coach’s score ★★★★★

Measurable ★★★★★

Outcome-based ★★★★★

Focused ★★★★★

Niklas Olsson

Niklas Olsson · OKR coach

I imagine this as a company-wide rallying cry for the entire organisation. This is a strategic OKR. It's extremely ambitious, and it's very, very clear for the organisation. I think this can work really well if there is not another OKR that says new sales must double as well, if this is clearly the focus of the organisation for the year. It's strong, and it attacks a strategic focus from many directions.

The quality of this OKR depends a lot on what environment it is in. If it's surrounded by three equally aggressive OKRs in completely different areas, then it's just a company that wants to do it all. If this really clearly signals focus for the organisation (maybe it's just this one and one about building for innovation or team strength), then I think it can work really well.

Objective: Prove the DACH market can carry our next stage of growth

  • Grow annual recurring revenue from €1.2M to €1.6M
  • Raise the share of new ARR from the DACH region from 5% to 15%
  • Shorten CAC payback from 19 to 15 months

Level: Company Company type: SaaS Company type: Startup

Coach’s score ★★★★★

Measurable ★★★★★

Outcome-based ★★★★★

Focused ★★★★★

Niklas Olsson

Niklas Olsson · OKR coach

Overall, this is a strong OKR, but it's quite sales- or finance-oriented, leaning almost a little too much toward a budget. The only strategy here is a focus on a specific geography. What that often means is that it's directed at a specific team, maybe not a rallying cry for the entire organisation. When these work, what I usually see is the sales effort, together with marketing, needing to adapt to a new language, for example. Product needs to adapt to a new market, or maybe legal even has to start work to support the sales effort in Germany. It is possible to rally the entire organisation around something as simple as a new geography with financial metrics like this, but this example does not quite show that yet.

Overall, this kind of OKR works well. I would say all three hold up here, including shortening payback. For clarity, if this is a strategic OKR for the entire organisation, it would be nice to write out customer acquisition cost, but it's also hard to understand how that fits into the objective. Why do we have a CAC target on this one? Maybe we need to clarify the objective, then talk about how DACH can sustain the next stage of growth. For example, sales in this new market need to hit a specific level of profitability. For the right organisation in the right context, this hits the marks.

Objective: Prove people want this before we scale it

  • Raise week-4 retention of new signups from 18% to 40%
  • Grow paying customers from 8 to 30
  • Reach 40% of users who would be very disappointed without the product, up from 22%

Level: Company Company type: Startup Company type: SaaS

Coach’s score ★★★★★

Measurable ★★★★★

Outcome-based ★★★★★

Focused ★★★★★

Niklas Olsson

Niklas Olsson · OKR coach

Overall strong, clear, and very ambitious, which is common with startups. Many times startups are exactly the kind of organisation that can really benefit from ambitious OKRs. With a lack of baselines, experts, and experience of what actually works, you can see results that double or triple the current level.

Number three is a fun one: reach 40% of users who would be very disappointed without the product. At the same time it needs some kind of measurability settled up front. Will this be measured at the end of the quarter with a survey to all customers, or is there a better metric for this satisfaction score?

SaaS marketing OKR examples

Objective: Make the trial the moment prospects decide they cannot go back

  • Increase trial-to-paid conversion from 14% to 18%
  • Cut median time to first completed key action in trial from 3 days to 1 day
  • Raise onboarding NPS from 31 to 42

Level: Team Team: Marketing Company type: SaaS

Coach’s score ★★★★★

Measurable ★★★★★

Outcome-based ★★★★★

Focused ★★★★★

Niklas Olsson

Niklas Olsson · OKR coach

This looks like a collaboration between product and marketing, maybe a shared OKR. It's very clear what it wants to achieve. It attacks a specific part of the customer journey, so it has focus in that sense. Looking at how broad this is and how ambitious the targets are, maybe this is a yearly OKR, and then it could work. If this is on a quarterly basis, there's very little chance that the team will move all of this in one single go, maybe not even in a year. It's targeted, but it tries a little bit too much. It attacks one issue from very many angles.

My recommendation to the team would be to focus in on one of these, for example the trial-to-paid conversion, and see if they can build out more key results around it. That would add some clarity on how they're solving it, and not only the generic outcome focus here. Overall it's very strong and shows a mature team that has actually been able to construct an OKR that targets a specific issue like this.

SaaS engineering OKR examples

Objective: Turn incidents from firefights into routine

  • Bring median time to recovery down from 4 hours to 45 minutes
  • Publish a post-mortem within a week for 100% of incidents, up from 40%
  • Reduce repeat incidents from an already-diagnosed root cause from 6 to 1 per quarter

Level: Team Team: Engineering Company type: SaaS

Measurable ★★★★★

Outcome-based ★★★★★

Focused ★★★★★

Niklas Olsson

Niklas Olsson · OKR coach

This looks like a team with a lot of incidents, and maybe this is their only OKR for the quarter, to really get this part of the work in order. From that perspective it is a good reminder that OKRs are just for the changes you want to achieve. Of course they will do lots of engineering work that is not about incident management, but the core change they need this quarter is how they manage incidents. It is a strong OKR.

The main gap is that the objective could be a little more inspiring, or connect stronger to strategy, to the business, or to the customer. "Turn incidents from firefights into routine" is just the what. An alternative could be something like: enhance our customers' experience of the software through best-in-class incident management. More inspiring, and it makes clear why this matters.

SaaS customer success OKR examples

Objective: Get every new customer to their first win fast

  • Cut time from signature to first value milestone from 45 to 14 days
  • Raise onboarding completion within 30 days from 55% to 90%
  • Lift 90-day adoption of the core module from 60% to 85%

Level: Team Team: Customer success Company type: SaaS

Coach’s score ★★★★★

Measurable ★★★★★

Outcome-based ★★★★★

Focused ★★★★★

Niklas Olsson

Niklas Olsson · OKR coach

Ambitious, and trying to attack the first days of the customer experience from several angles. The main feedback is that it is focused on the first part of the customer journey, but that is still a very broad focus. Each of these individual key results probably has more than a quarter's work in it to really make it move, depending on resources of course. There are also a couple of built-in definitions here: first value milestone, onboarding completion, core module. In cases like this it is extremely important that the team already knows exactly what those mean, so they can work efficiently toward the OKR.

The core improvement would be to take one of the key results and make that the objective, for example get new customers to value quickly through the core module, and then break down two to four key results from that.

SaaS product OKR examples

Objective: Make the first week prove the product's worth

  • Raise week-one activation from 34% to 55%
  • Lift day-30 retention of new accounts from 61% to 72%
  • Cut steps to first key action from 9 to 4

Level: Team Team: Product Company type: SaaS Role: Product manager

Measurable ★★★★★

Outcome-based ★★★★★

Focused ★★★★★

Niklas Olsson

Niklas Olsson · OKR coach

This is a strong, measurable, and outcome-based product OKR. The feeling here though is that the team is trying to solve all their issues in one single OKR cycle. It takes on a little too much. When a team looks at an OKR like this and sees they are basically done, that they have covered all their workstreams with one OKR, it is a little too generic, a little too broad, a little too ambitious. They are measuring the right things, but from experience following teams like this, it is very seldom that you actually achieve all of this in one run. It might look like clear, slim focus because it is all about the onboarding process, but the onboarding process is a gigantic topic. It would be more believable, and easier to actually see a change from the work, if it was to make the first week prove the product's worth for a specific niche or kind of customer, or in a specific part of the solution.

There is a good mix here: one and two are clear outcome-focused, while number three is more of an activity, a to-do list item. But it puts up a clear ambition for the change. It is clearly measurable, can drive the right activities, and it is easy to see how number three drives future outcomes. It still works really well as a key result.

Good questions

Which SaaS metrics make the best key results?

Rates over totals, as a rule. Trial conversion, net revenue retention, activation rate and churn keep their meaning as the company grows, and they expose real change instead of riding on traffic. Totals like signups or MRR have their place at company level, where the whole system is the unit being measured.

How do SaaS OKRs differ by company stage?

Early on, most objectives orbit one question: do people who try the product stay? So activation and retention dominate. Once retention holds, the centre of gravity moves to expansion and efficiency. The classic misstep is an aggressive acquisition OKR on top of leaking retention: it spends the company's focus where the leak is not.

Now write yours

OKRnest gives your team the structure these examples are built on, and a weekly check-in habit that keeps them alive. Free for up to 3 users.