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The percentage of total revenue generated by new (first-time) customers.

Formula

New Customer Revenue Ratio = New Customer Total Revenue ÷ Total Revenue

Formula Components

MetricDefinition
New Customer Total RevenueRevenue from orders placed by first-time buyers
Total RevenueCombined revenue from all orders in the period
Metadata
TypePercentage
Data SourceShopify
AggregationRatio

Example

Your store generated 38% of revenue from new customers in Q1, with $152,000 from first-time buyers out of $400,000 total revenue.
SegmentRevenueShare
New Customers$152,00038%
Returning Customers$248,00062%

How It Works

Divides new customer revenue by total revenue and multiplies by 100. Shopify classifies each order as new or returning at purchase time based on the customer’s order history.

When to Use

ScenarioAction
Evaluating acquisition ROIHigher ratios justify continued acquisition spend
Retention health checkDeclining ratios may indicate strong repeat purchasing
Channel comparisonCompare acquisition revenue share across marketing channels
Seasonal analysisTrack how promotions affect new vs returning revenue mix

MetricRelationship
New Customer Total RevenueThe numerator in this calculation
Total RevenueThe denominator in this calculation
New Customer %Order count equivalent (this metric uses revenue)
Returning Customer Total RevenueComplement showing returning customer revenue
New Customer Order RatioOrder count version of this metric
See all Performance metrics →