Metrics · Product · Acquisition · Monetization · Monthly · %

Product Qualified Lead Rate

The percentage of active free or trial users whose behavior meets criteria signaling readiness to buy or upgrade.

Formula

Users meeting PQL criteria / Total active free or trial users x 100

How to measure

Define PQL criteria based on usage signals, like inviting teammates or hitting a usage limit, then measure the share of the active base meeting it.

Why track it

PQL rate lets a product-led company forecast upgrade-ready volume and route the highest-intent users to sales or targeted upgrade prompts.

Example

Of 5,000 active free users, 300 hit PQL criteria this month, a 6% PQL rate.

Product Qualified Lead Rate — Growth metric · Cofounderbase