cashflowing
Company · checkout referrals

substack.com

Ranked #364 of 9,542 companies sending people to pay, with 413K checkout visits from April to September 2026.

News and Media#209 in the world (Similarweb)
#newsletters#publishing#creators#media#news and media
Revenue estimator

What could substack.com be making?

Checkout visits a month38.8K
×0.25×3

Our data says about 38.8K a month (latest month). Slide to test other scenarios.

Visits that end in a payment30%

Benchmarks: about 30% of people who start a checkout finish it in e-commerce, 40–60% in SaaS. One buyer can create several visits, so we start a little lower.

Average order$20

Look at their pricing page: the cheapest paid plan is a safe start.

Revenue per month
$233K
from new purchases at this pace
Range: $155K – $388K (cautious → strong conversion)
Per year
$2.8M
Purchases a month
11.6K

An illustration from your assumptions, not a forecast. Checkout visits are modelled third-party estimates; renewals usually charge automatically and don’t pass through a checkout page, which this model accounts for through retention.

#364
of 9,542 by checkout visits
413K
visits to checkout pages, six months
68.8K
visits a month, on average
5
checkouts used
Most through Gumroad

Where its buyers pay

  • Gumroad
    289K
    70% of its checkout traffic · #12 among everyone sending to Gumroad
  • Stripe Payment Links
    102K
    25% of its checkout traffic · #19 among everyone sending to Stripe Payment Links
  • Square
    17.5K
    4% of its checkout traffic · #56 among everyone sending to Square
  • Lemon Squeezy
    3.7K
    1% of its checkout traffic · #39 among everyone sending to Lemon Squeezy
  • Polar
    119
    0% of its checkout traffic · #550 among everyone sending to Polar

Trend, April to September

81.1K
Apr
95.9K
May
64K
Jun
48K
Jul
85K
Aug
38.8K
Sep

April to September: -52%. Peak in May at 95.9K visits.

What substack.com does

Platform that lets writers publish newsletters and charge subscribers for paid content.

Summarised from the company’s public website. It may be out of date.

substack.com sent 413K visits to checkout pages over six months, about 68.8K a month, which puts it at #364 of 9,542 senders we traced.

70% of that went through Gumroad. It uses 5 checkouts, so its buyers are spread across more than one provider.

Similarweb files it under News and Media. It isn’t one of the AI products we classified by hand, so it doesn’t count toward the AI total.

Visits are modelled third-party estimates, not revenue. Read what this can’t tell you before you act on a single number.

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