Aggregated, anonymized financial benchmarks from small businesses ($1M–$25M revenue) that connect QuickBooks to The Pro CFO app. No individual business is identifiable.
Medians used throughout — no single company can move a number.
The Business Health Score is a 0–100 composite of cash flow, profitability, and efficiency, computed per company and aggregated as the median across all reporting businesses each month.
The median Business Health Score reached 74.7 — the highest reading of the trailing twelve months — capping a two-month recovery from April's low of 59.7. The rebound came from profitability: median net margin climbed from 2.1% in April to 7.5% in June, consistent with businesses absorbing spring tax payments and returning to normal spending.
Median AR days sat at 9.1 in June and never exceeded 14 all year — a fraction of the 30–45 day collection cycles common among small businesses. Tight invoicing discipline is doing quiet work here: cash that would otherwise sit in customers' bank accounts is funding operations instead.
The median business held 74 days of cash on hand — roughly triple the ~27-day buffer research has documented for typical U.S. small businesses — yet that's down from over 100 days through the winter. Paired with gross margin easing 5.4 points off May's high, the June pattern reads as businesses deploying cash and taking on work at slightly thinner margins as summer activity picks up. Worth watching, not worrying.
Data covers small businesses ($1M–$25M annualized revenue) with QuickBooks Online connected to The Pro CFO app that completed a June accounting close and synced by the 10th of the following month. All metrics are computed per company, then aggregated as medians — individual businesses are never identifiable. The Business Health Score is a 0–100 composite: 40% cash flow, 35% profitability, 25% efficiency, with frozen thresholds across editions. Figures may be revised as additional closes sync.
Citing this report: free to cite with attribution and a link to this page.
Connect QuickBooks and get your own Business Health Score in minutes — free.
Get your score →