Multi-year contracts lock in revenue beyond a single fiscal year. Companies disclose the % of new bookings that are multi-year - a higher mix correlates with stronger NRR (less re-negotiation), longer customer lifetimes, and more predictable ARR. Median public B2B SaaS reports 30-50% multi-year mix. Enterprise-focused vendors run 70%+.
See how public B2B SaaS companies disclose this metric, with full historical time series.