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The Madison Avenue Field GuideA field guide to marketing & advertising, by Brandon Mina

GlossaryB2B & GrowthTotal Contract Value (TCV)

B2B & Growth

Total Contract Value (TCV)

The full value of a customer contract over its entire term, including recurring and one-time fees.

By Brandon MinaCEO, BrandPilot AIUpdated November 2026

Short answer

Total contract value (TCV) is the full value of a customer contract over its entire term, including recurring and one-time fees. A three-year subscription plus an implementation fee, for example, counts all three years and the fee. TCV differs from annual contract value, which normalizes revenue to a single year for comparison.