Updated July 2026 · Every figure sourced

Dunning Email Statistics (2026): 35+ data points on recovery rates, open rates, and sequence benchmarks

Automatic retries alone recover only ~30% of failed payments, the emails are what capture the rest. Every figure below is traced to a named primary source with the year and a tier label, and where the data does not exist, like granular dunning-email open rates, we say so instead of inventing it.

Recovery rate climbs with each layer

Retries only~30%+ dunning emails~55%Best-in-class stack70-85%

Sources: Recurly (retries ~30%), FlexPay (best-in-class 70-85%).

Key takeaways

  • ~30%of failed payments recover on automatic retry alone, with no dunning emails at all. (Recurly Research)
  • 70-85%recovery rate is what best-in-class subscription businesses reach with a full stack. (FlexPay)
  • ~55%is Stripe's advertised average recovery, a company claim across all business types. (Stripe)
  • 23% to 30%is how far Smart Retries moved recovery in Stripe's own Invideo case study. (Stripe (Invideo))
  • +10-20 ptsis the recovery lift an optimized retry-plus-email strategy adds over baseline. (Recurly Research)
  • ~45-65%open rate for transactional emails like a failed-payment notice, far above marketing email. (Transactional email benchmarks 2025)
  • 7 emailsover ~30 days is a standard dunning cadence, front-loaded on the day of failure. (Baremetrics)
  • 2-7 daysis the best retry window for insufficient-funds declines, the most recoverable reason. (Recurly Research)
  • ~9%of monthly recurring revenue is lost to failed payments on average. (Baremetrics)
  • 20-40%of total SaaS churn is involuntary, caused by failed payments not cancellations. (ProfitWell)
  • 30%of card accounts change every year, a root cause of the failures dunning recovers. (Visa Account Updater)
  • +8.6%year-one revenue lift is achievable from fixing involuntary churn. (Recurly Research)

Section 1

What percentage of failed payments are recoverable?

There is no single recovery number, and anyone who quotes one without a stack is guessing. Recovery is a function of how many tools you layer: automatic retries alone claw back a minority, and each layer you add on top, sequenced emails, a card-update page, better timing, moves the number up. The ceiling for a serious subscription business is far higher than most realize.

Retries only (no dunning)~30%
Retries + dunning emails (optimized)~50-55%
Best-in-class full stack70-85%
Sources: Recurly (natural retry recovery ~30%; +10-20pt optimized lift); FlexPay (best-in-class 70-85%). Recovery climbs as sequenced emails and a card-update flow are layered on top of retries.
Metric
Value
Source
Failed payments recovered on automatic retry alone (no dunning)The natural recovery rate before any emails or card-update flow.
~30%
Recurly ResearchReputable
Soft-decline recovery from smart retries alone
~53%
Recurly (single-merchant baseline)Reputable
Recovery on the 3 most common decline messages, right retry strategy
>45%
Recurly ResearchReputable
Stripe's advertised average recoveryAggregate across all business types; B2B recovers higher than B2C.
~55%
Stripe (company claim)Primary
B2C recovery in Stripe's Invideo case, with Smart Retries
23% to 30%
Stripe (Invideo case study)Primary
Best-in-class recovery with a full stack
70-85%
FlexPay (vendor research)Trade
Permanent revenue loss with no dunning system
~5% of transactions
Recurly ResearchReputable
Primary source: Recurly: Failed Payment Recovery data

For the broader revenue picture, see our recurring revenue and failed payments statistics report.

Section 2

How much do dunning emails lift recovery?

Retries fix the failures a re-charge can resolve; emails recover the ones that need a human, mainly expired and replaced cards. That is why adding a sequenced email flow on top of retries is the single biggest lever after turning retries on. The lift is measured in double-digit percentage points, not rounding error.

Metric
Value
Source
Recovery lift from an optimized retry-plus-email strategy over baseline
+10-20 pts
Recurly ResearchReputable
Enterprise case: recovery on the same transaction set, optimizedBaseline system vs network-informed retry-and-dunning strategy.
53% to 71%
Recurly ResearchReputable
A single failed-payment email vs a full sequenceOne notice underperforms a multi-touch flow; the gap is large but not published as a single figure.
Recovers a fraction
BaremetricsReputable
Involuntary churn a strong dunning program can preventInvoluntary churn is largely recoverable because the intent to pay is already there.
Most of it
Recurly ResearchReputable
Primary source: Recurly: Failed Payment Recovery, a data-based strategy

Section 3

How many dunning emails should a sequence have, and when?

Cadence is front-loaded. The day-of-failure email is the highest-leverage message because the card is freshest and the customer most likely still engaged; each later touch recovers incrementally less but still meaningful revenue. Most sequences run three to seven emails across roughly a billing cycle.

Metric
Value
Source
Standard dunning cadenceDay 0, 3, 7, 10, 13, 20, 27 is a common schedule.
7 emails / ~30 days
BaremetricsReputable
Common shorter cadence for monthly subscriptions
3-5 emails / ~28 days
BaremetricsReputable
The highest-leverage touchpointFront-load the sequence; recovery is highest on the first send.
Day of failure (Day 0)
BaremetricsReputable
Best retry window for insufficient-funds declinesTime for the customer's balance to replenish.
2-7 days
Recurly ResearchReputable
Stripe Smart Retries default scheduleConfigurable from 1 week to 2 months.
8 tries / 2 weeks
Stripe (docs)Primary
Primary source: Baremetrics: Dunning Management guide

For the copy, timing, and per-decline-code templates behind these numbers, see dunning email sequence best practices.

Section 4

What are dunning email open rates?

Here we flag a real gap: no primary source publishes granular per-day open rates specific to dunning emails, so treat any blog quoting exact figures like a 41% day-zero open rate with suspicion, we could not trace those to a study. What is well-established is the category. A failed-payment email is transactional and high-intent, and transactional emails open far above marketing email.

Transactional email (e.g. payment failed)~45-65%
Marketing email (all industries)~21-43%
Sources: transactional email benchmark reports (2025). Dunning emails are transactional and high-intent, so they open well above marketing email. Granular per-day dunning open rates are not published by a primary source.
Metric
Value
Source
Transactional email open rate (order confirmations, payment notices)A dunning email is transactional: the customer's payment just failed and they expect to act.
~45-65%
Transactional email benchmarks 2025Trade
Marketing email average open rate, all industriesRange varies by measurement method post-Apple MPP.
~21-43%
Email marketing benchmarks 2025Trade
Transactional vs marketing email engagement
~1.5-2x higher opens
Transactional email benchmarks 2025Trade
Dunning-email-specific per-day open ratesWidely-quoted exact per-day figures do not trace to a verifiable study.
Not published
No primary source foundUnverified
Primary source: Transactional email open-rate benchmarks (2025)

Retries and emails do different jobs: see is Stripe Smart Retries enough for where each one stops.

Section 5

Why dunning matters: the cost of involuntary churn

Dunning exists because failed payments are a large, silent leak, churn nobody chose. The customer still wants the product; the card just did not go through. That is what makes recovery the highest-ROI retention work a subscription business can do, and what makes the emails worth getting right.

Voluntary churn (cancellations)60-80%
Involuntary churn (failed payments)20-40%
Source: ProfitWell. Involuntary churn, the recoverable kind caused by failed payments, is 20-40% of total subscription churn.
Metric
Value
Source
Monthly recurring revenue lost to failed payments
~9% of MRR
BaremetricsReputable
Share of total SaaS churn that is involuntary
20-40%
ProfitWellReputable
Involuntary share of total churn in Recurly's 2025 B2B data
~23%
Recurly 2025 Churn ReportReputable
Failed payments forecast to cost subscription businesses in 2025
>$129B
RecurlyReputable
Year-one revenue lift from fixing involuntary churn
+8.6%
Recurly ResearchReputable
Card accounts that change every year (a root cause)New number, new expiry, or account closure.
30%
Visa Account UpdaterPrimary
Primary source: Recurly: Failed payments could cost $129B in 2025

New to the concept? Start with what is involuntary churn.

The numbers at a glance

Dunning emails by the numbers

The highest-impact figures from across the report, in one place.

Metric
Value
Source
Recovery on automatic retry alone (no dunning)
~30%
Recurly Research
Soft-decline recovery from smart retries alone
~53%
Recurly
Recovery on the 3 most common decline messages
>45%
Recurly Research
Stripe's advertised average recovery (company claim)
~55%
Stripe
Smart Retries recovery in Stripe's Invideo case
23% to 30%
Stripe
Best-in-class recovery, full stack
70-85%
FlexPay
Recovery lift from optimized retry-plus-email
+10-20 pts
Recurly Research
Enterprise case: optimized recovery on same set
53% to 71%
Recurly Research
Permanent loss with no dunning system
~5% of transactions
Recurly Research
Transactional email open rate
~45-65%
Transactional email benchmarks 2025
Marketing email average open rate
~21-43%
Email benchmarks 2025
Standard dunning cadence
7 emails / ~30 days
Baremetrics
Best insufficient-funds retry window
2-7 days
Recurly Research
Smart Retries default schedule
8 tries / 2 weeks
Stripe
MRR lost to failed payments monthly
~9%
Baremetrics
Involuntary share of total SaaS churn
20-40%
ProfitWell
Failed-payment cost forecast (2025)
>$129B
Recurly
Year-one revenue lift from fixing involuntary churn
+8.6%
Recurly Research
Card accounts that change yearly
30%
Visa Account Updater

Reuse this research

Cite this report

Free to cite with attribution. If you reference a figure, please link to the underlying primary source as well as this page.

SubRevival (2026). Dunning Email Statistics (2026): 35+ Data Points on Recovery Rates, Open Rates, and Sequence Benchmarks. Retrieved from https://subrevival.com/research/dunning-email-statistics

How we sourced this

Methodology and sources

Every figure is tagged by source quality: Primary (Stripe and Visa official data), Reputable (Recurly Research, Baremetrics, ProfitWell), and Trade (vendor research and email-benchmark reports, used only with attribution).

We deliberately flag one gap as unverified: granular per-day open rates specific to dunning emails. Several blogs quote exact figures (for example a 41% day-of-failure open rate), but we could not trace them to any published study, dataset size, or methodology, so we do not repeat them. Where a number is a company claim (Stripe's ~55% average recovery) or vendor research (FlexPay), that is stated in the row. Recovery figures are cross-referenced against Recurly and Stripe.

  • Recurly ResearchFailed Payment Recovery (data-based strategy); Top Payment Decline Reasons; 2025 Churn Report
  • StripeBilling revenue recovery, Smart Retries docs, Invideo case study (~55% claim; 23% to 30%)
  • BaremetricsDunning Management guide (cadence, ~9% MRR lost)
  • ProfitWell (Paddle)Involuntary churn share of total churn (20-40%)
  • FlexPayBest-in-class failed-payment recovery (70-85%, vendor research)
  • VisaAccount Updater (30% of card accounts change yearly)
  • Transactional email benchmarksTransactional vs marketing open rates (2025, trade)

Last updated: July 2026. We refresh this report quarterly as new primary data is published.

The emails are what recover the rest. Send better ones.

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