In one week, August 4 to 7, 2026, two software companies told investors the same story from opposite ends of the AI COGS spectrum. Canva cut its full-year 2026 growth forecast from 30% to 20% and said that the cost of serving an AI task had gotten too high. Love the honesty, Canva. Wix said […]
AI COGS
How to Structure Your SaaS P&L
The SaaS P&L is critical to the management of your SaaS business. I talk about the SaaS P&L (profit and loss statement) almost every week with SaaS founders, finance, and accounting teams. At this point, I’ve reviewed hundreds of SaaS P&Ls (also called an income statement). I’d say about 90% of them are structured incorrectly, […]