Calculate Your Runway

How long until you run out of cash? Calculate runway from burn rate.

Formula

Runway (months) = Current Cash Balance / Monthly Burn Rate

How to Calculate

Startup runway tells you how many months your business can operate before running out of cash, assuming no additional funding or revenue changes. The basic formula divides your current cash balance by your monthly net burn rate (total monthly expenses minus monthly revenue).

If your startup is pre-revenue, the calculation is straightforward: divide cash by total monthly expenses (gross burn rate). For startups with some revenue, use net burn rate (gross burn minus revenue). Be honest about revenue projections—use actual collected revenue, not pipeline or projected sales.

Consider multiple scenarios: a "worst case" where revenue stays flat or declines, a "base case" with modest growth, and a "best case" with your growth targets. The worst-case scenario is the most important for survival planning. Most advisors recommend maintaining at least 12–18 months of runway. Once runway drops below 6 months, fundraising or drastic cost-cutting becomes urgent.

Worked Example

A SaaS startup has $600,000 in the bank.

Monthly expenses (gross burn):
  Salaries: $65,000
  Cloud hosting: $8,000
  Office/co-working: $3,000
  Marketing: $12,000
  Software tools: $2,000
  Legal/accounting: $1,500
  Total: $91,500/month
Monthly revenue: $35,000
Net burn rate: $91,500 − $35,000 = $56,500/month

Runway: $600,000 / $56,500 = 10.6 months

If revenue grows 10% monthly, runway extends significantly. If revenue stalls, they have about 10 months to become profitable or raise capital.

Why It Matters

Runway is the most critical metric for startup survival. It determines when you need to raise your next round, when cost cuts become necessary, and how aggressively you can invest in growth. Running out of cash is the number one reason startups fail—not lack of product-market fit, but running out of money before finding it.

Practical Tips

  • Start fundraising when you have 9–12 months of runway—the process typically takes 3–6 months.
  • Model multiple scenarios (best, base, worst case) to understand your range of outcomes.
  • Focus on reducing net burn by growing revenue, not just cutting costs—revenue growth extends runway exponentially.
  • Track runway weekly, not monthly, when below 6 months—cash management becomes critical.

Frequently Asked Questions

What is a good runway for a startup?
Most advisors recommend 18–24 months after a funding round to give enough time to hit milestones for the next round. Below 12 months is a yellow flag; below 6 months is a red flag. Seed-stage companies should aim for 18+ months; Series A+ should target 18–24 months.
What is the difference between gross burn and net burn?
Gross burn is your total monthly expenses regardless of revenue. Net burn subtracts revenue from expenses. A startup spending $100,000/month with $40,000 in revenue has a $100,000 gross burn and $60,000 net burn. Net burn gives a more accurate picture of how fast you are consuming cash.
When should I cut costs to extend runway?
Consider cuts when runway drops below 12 months and you are not close to profitability or a fundraise. Prioritize cuts that do not reduce revenue capacity: renegotiate contracts, reduce marketing spend on underperforming channels, pause non-critical hires, and eliminate unnecessary tools and perks.

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