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How is revenue trending?
Revenue is trending up after a brief late-Q4 dip. Meridian is at $60.7M this month, up 18.3% year over year, with recovery led by APAC expansion and steady North American renewals. Net retention at 112% is a clean quality signal — existing customers are expanding faster than churn is taking revenue out.
Revenue trend
Revenue dipped in late Q4, then recovered on stronger expansion and APAC demand.
JulAugSepOctNovDecJanFebMarAprMayJun
Monthly recurring and services revenue, USD millions.
Revenue
$60.7M
+18.3% vs prior
Net revenue retention
112%
+3.2 ptsTrailing 12-month