CROSS-CATEGORY: The 280-Point Spread — Consumption-Priced Software Is Up Triple Digits While Seat-Priced Software Is Down Half

SaaStr·high signal

SaaStr's index-level recap shows the software basket back to green for 2026 while dispersion hit ~280 points between best and worst: DigitalOcean +227%, Datadog +76%, CrowdStrike +55%, Okta +41%, Twilio +33% against Klaviyo -52%, HubSpot -46%, Monday.com -45%, Zscaler -39%, Atlassian -36%. The split is not by category — infra, security, and collaboration appear on both sides. It sorts almost cleanly by pricing metric: consumption-aligned businesses recovered, per-seat businesses did not. Pricing model has become the dominant risk factor, above vertical.