Back to Blog
Comparisons
11 min read

Baremetrics vs ProfitWell (2025): Feature & Pricing Comparison

Baremetrics vs ProfitWell comparison for 2025. Compare pricing, features, payment recovery, and find the best SaaS analytics platform for your needs.

Published: January 9, 2025By Alex Thompson
Baremetrics vs ProfitWell SaaS analytics comparison
AT

Alex Thompson

Growth Marketing Analyst

Alex focuses on growth metrics and marketing analytics, helping SaaS companies optimize their acquisition and expansion strategies.

Growth Marketing
Analytics
A/B Testing
7+ years in SaaS

Baremetrics and ProfitWell represent two different approaches to SaaS analytics. Baremetrics offers paid plans with beautiful dashboards and built-in tools. ProfitWell offers free core metrics with paid add-ons. This comparison helps you understand which model makes more sense for your business in 2025.

Quick Verdict

Choose Baremetrics if: • You prefer all-in-one paid tools • Beautiful dashboards matter to you • You want Recover (dunning) integrated • Real-time updates are important Choose ProfitWell if: • Budget is your primary concern • You want free metrics • Retain (payment recovery) appeals to you • Industry benchmarking is valuable Consider QuantLedger if: • You want ML churn prediction • Flat $79/month pricing appeals to you • Predictive insights matter more than historical data

Pricing: Paid vs Free Model

The fundamental difference is pricing philosophy: Baremetrics (Paid Model): • $10K MRR: $108/month • $50K MRR: $258/month • $100K MRR: $358/month • Plus add-ons: Recover, Cancellation Insights, Forecast+ ProfitWell (Free + Add-on Model): • Core Metrics: Free forever • Retain: % of recovered revenue • Recognized: Paid subscription Cost Comparison at $100K MRR: • Baremetrics (base): $358/month = $4,296/year • Baremetrics (+ Recover): ~$500/month = $6,000/year • ProfitWell (metrics only): $0/year • ProfitWell (+ Retain): Varies by recovery rate ProfitWell appears much cheaper for metrics alone. Add Retain, and costs depend on how much revenue you recover.

The Real Question

Do you want to pay upfront for a complete tool (Baremetrics), or get free metrics and pay per-use for recovery (ProfitWell)? There's no universally better answer—it depends on your cash flow preferences.

Payment Recovery: Recover vs Retain

Both platforms offer payment recovery, and this is where real revenue impact happens: Baremetrics Recover: • Model: Fixed monthly fee (add-on pricing) • Features: Email sequences, payment retry, paywalls • Customization: Full control over messaging • Recovery rate: Industry competitive ProfitWell Retain: • Model: Percentage of recovered revenue • Features: Smart retries, payment update forms • Customization: Limited template control • Recovery rate: Claims 32%+ recovery Key Difference: • Recover: You pay regardless of results • Retain: You pay only when it works For high-volume businesses, Recover's fixed fee might be better. For uncertain volumes, Retain's performance-based model reduces risk.

Feature Comparison

Core Metrics • Both: MRR, ARR, churn, LTV, customer count • Edge: Tie Dashboard Quality • Baremetrics: Beautiful, simple, real-time • ProfitWell: Functional, clean, batch updates • Edge: Baremetrics Benchmarking • Baremetrics: Anonymized peer comparison • ProfitWell: Extensive industry benchmarks • Edge: ProfitWell (larger dataset) Cancellation Insights • Baremetrics: Paid add-on, surveys + analysis • ProfitWell: Not a core feature • Edge: Baremetrics Revenue Recognition • Baremetrics: Not available • ProfitWell: Recognized product (ASC 606) • Edge: ProfitWell Forecasting • Baremetrics: Forecast+ add-on • ProfitWell: Basic projections • Edge: Baremetrics Churn Prediction • Both: Not available • Edge: Neither (QuantLedger offers this)

User Experience

Baremetrics: • Setup: 5-10 minutes • Learning curve: Very low • Updates: Real-time • UI philosophy: Beautiful and simple • Support: Good reputation ProfitWell: • Setup: 10-15 minutes • Learning curve: Low • Updates: Batch (not real-time) • UI philosophy: Functional and clean • Support: Variable (post-Paddle acquisition) Both are easy to use. Baremetrics edges out on design and real-time updates. ProfitWell is slightly more utilitarian but completely functional.

The Paddle Factor

ProfitWell was acquired by Paddle in 2022. This matters: Implications: • Development focus shifted toward Paddle ecosystem • Long-term roadmap favors Paddle users • Standalone ProfitWell development has slowed • Support quality reports are mixed Who This Affects: • Paddle users: Great integration • Non-Paddle users: Consider whether trajectory aligns with your needs Baremetrics remains independent with clear product focus. If billing vendor independence matters, Baremetrics or other alternatives may be safer long-term bets.

Recommendation Framework

Choose Baremetrics if: • You can afford $100-500/month • Beautiful dashboards improve your workflow • You want Recover for payment recovery • Real-time data matters • You prefer independent vendors Choose ProfitWell if: • Every dollar matters (free metrics) • You want to try before you pay (Retain) • You use or will use Paddle • Basic metrics are sufficient • Benchmarking is valuable to you Choose QuantLedger if: • You want churn prediction (neither offers this) • $79/month flat pricing appeals • Predictive analytics matter • You want modern ML-powered insights

Frequently Asked Questions

Is Baremetrics or ProfitWell better?

Baremetrics is better for dashboard quality, real-time updates, and integrated payment recovery. ProfitWell is better for budget (free metrics), benchmarking, and companies using Paddle. Neither offers churn prediction.

Is ProfitWell really free?

Core metrics are genuinely free forever. Retain (payment recovery) charges percentage of recovered revenue. If you only need metrics and do not use Retain, ProfitWell costs nothing. Add Retain, and costs depend on recovery volume.

Which has better payment recovery?

Both Recover (Baremetrics) and Retain (ProfitWell) are effective. Recover charges fixed monthly fees with full customization. Retain charges percentage of recovered revenue with limited customization. Performance-wise, both achieve competitive recovery rates.

Can I switch from Baremetrics to ProfitWell?

Yes. Connect ProfitWell to Stripe via OAuth, verify metrics match, then cancel Baremetrics. Historical data imports automatically from Stripe. Most companies run parallel for 2-4 weeks before switching.

Which should I choose as a bootstrapped startup?

ProfitWell for free metrics. Once you have budget and want better dashboards or integrated dunning, consider Baremetrics or QuantLedger. Start free, upgrade when you can afford it.

Key Takeaways

Baremetrics and ProfitWell represent different value propositions. Baremetrics is the premium choice with beautiful dashboards and integrated tools. ProfitWell is the budget choice with free metrics and pay-per-use add-ons. Neither offers predictive analytics. For companies wanting to move beyond historical reporting to predict and prevent churn, QuantLedger offers ML-powered prediction at $79/month flat.

Predict Churn, Not Just Track It

QuantLedger combines SaaS metrics with ML churn prediction—something neither Baremetrics nor ProfitWell offers.

Related Articles

Explore More Topics