SaaS equity index

Composite of 31 publicly traded SaaS companies
Index, 1 January 2021 = 100

The SaaS equity index falls from 100 in January 2021 to about 47 in November 2022, recovers to about 142 in November 2025, drops sharply around January 2026, and ends near 126 in August 2026.

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Daily market cap weighted index

Source(s): Wharton Research Data Services, Stripe analysis