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Hey, Grow Newsie reader!

As we wrap up 2025, there's no better time to conduct a thorough newsletter performance analysis. Whether you crushed your goals or faced unexpected challenges, analyzing your year's data is essential for sustainable growth.

Today, I'm walking you through exactly how to review your newsletter's 2025 performance and use those insights to dominate in 2026.

Why Year-End Performance Analysis Matters

Think of your year-end review as your newsletter's annual health checkup. According to recent industry data, publishers who regularly analyze their metrics see 27% higher year-over-year growth compared to those who don't track performance.

Your 2025 data tells you:

  • What content truly resonates with your audience

  • Which distribution strategies delivered ROI

  • Where you're leaving money on the table

  • How to set realistic, data-driven goals for 2026

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The 10 Essential Metrics to Analyze

Your open rate shows whether your subject lines and sender reputation are working. For 2025, the average newsletter open rate sits at 43.46%, up from 42.35% in 2024.

What to analyze:

  • Monthly open rate averages throughout the year

  • Best and worst performing subject line patterns

  • Impact of send time on open rates (data shows 10-11 AM performs best)

  • Day of week performance (Monday and Sunday typically win)

Action item: Identify your top 10 highest-performing subject lines. What patterns do they share? Length, tone, use of numbers, questions, or emojis?

2. Click-Through Rate (CTR)

CTR measures how compelling your content is. The 2025 benchmark is 2.09% for general newsletters, with media publishers averaging 4.10%.

What to analyze:

  • Which content topics drove the most clicks

  • Optimal number of CTAs per email

  • Link placement effectiveness

  • Content format preferences (text vs. video vs. infographics)

Pro tip: Calculate your click-to-open rate (CTOR) by dividing unique clicks by unique opens. A healthy CTOR is 10-20%, showing your content engages those who open.

3. Subscriber Growth Rate

Track how your list expanded throughout 2025. Break this down by:

  • New subscribers per month

  • Growth rate percentage

  • Subscriber sources (website, social media, referrals, ads)

  • Cost per acquisition by channel

Formula: (New subscribers - Unsubscribes) ÷ Total subscribers × 100

4. Engagement by Segment

Analyze performance across different audience segments:

  • New subscribers vs. long-term readers

  • High-engagement vs. inactive subscribers

  • Geographic performance differences

  • Device preferences (mobile vs. desktop)

Key insight: Subscribers who opened 50% or more of your emails in 2025 are your VIP segment. They deserve special content in 2026.

5. Revenue Performance

If you monetize through ads, sponsorships, or paid subscriptions, track:

  • Total revenue generated

  • Revenue per subscriber

  • Revenue per email sent

  • Conversion rates from free to paid

  • Sponsor retention rates

Calculate your ROMI (Return on Marketing Investment) to understand true profitability.

6. Unsubscribe Rate

The average unsubscribe rate jumped to 0.22% in 2025 (up from 0.08% in 2024, partly due to Gmail's easier unsubscribe features).

What to analyze:

  • Which emails triggered the most unsubscribes

  • Patterns in unsubscribe timing

  • Exit survey feedback (if you collect it)

Healthy range: Below 0.5% is solid. Above 1% needs immediate attention.

7. Email Deliverability

Your delivery rate should be 95%+ in 2025. Lower rates hurt all other metrics.

Check for:

  • Hard vs. soft bounce rates

  • Spam complaint rates

  • Inbox placement rates

  • Domain reputation scores

8. Content Performance Rankings

Rank every edition you sent in 2025 by:

  • Open rate

  • CTR

  • Social shares

  • Direct replies received

  • Revenue generated

Your top 10% reveals your sweet spot content. Your bottom 10% shows what to avoid.

9. Send Frequency Impact

Analyze how sending frequency affected engagement:

  • Did daily emails maintain engagement or cause fatigue?

  • Were weekly newsletters opened more consistently?

  • Did special editions outperform regular ones?

Industry data shows 57.1% of creators sent monthly newsletters in 2023, but higher frequency often drives better engagement when content quality remains high.

10. Reader Feedback & Surveys

Qualitative data matters as much as quantitative. Review:

  • Direct subscriber replies

  • Survey responses

  • Social media mentions

  • Referral rates (how many readers shared your newsletter)

Creating Your Performance Dashboard

Here's how to organize your analysis:

Step 1: Export Your Data

Pull reports from your email service provider (ESP) for the full year. Most platforms (beehiiv, Mailchimp, ConvertKit, etc.) offer CSV exports.

Step 2: Build Comparison Views

Create these comparison tables:

  • Q4 2025 vs. Q4 2024

  • Monthly performance throughout 2025

  • Best month vs. worst month

  • Your performance vs. industry benchmarks

Step 3: Identify Your Top 3 Wins and Challenges

Be honest about what worked and what didn't. For example:

Wins:

  1. Grew list by 45% through referral program

  2. Increased CTR by 28% after redesigning CTA placement

  3. Launched paid tier with 12% conversion rate

Challenges:

  1. Open rates declined 8% in Q3 during summer slump

  2. Mobile engagement lagged desktop by 35%

  3. Unsubscribe rate spiked after frequency increase in September

Benchmarking Against Industry Standards

Context matters. Here are 2025 benchmarks to compare against:

Media & Publishing:

  • Open rate: 34.23%

  • CTR: 4.10%

  • Unsubscribe rate: Under 0.3%

General Newsletters:

  • Open rate: 43.46%

  • CTR: 2.09%

  • CTOR: 6.81%

If you're significantly below these, prioritize improvement. If you're above, analyze what you're doing right to replicate that success.

Setting Data-Driven Goals for 2026

Based on your 2025 analysis, set SMART goals:

Example Goals:

  • Increase open rate from 38% to 45% by improving subject lines and send time optimization

  • Grow subscriber base from 5,000 to 8,000 through referral program expansion

  • Launch paid tier and convert 10% of free subscribers

  • Reduce unsubscribe rate from 0.4% to 0.25% through better segmentation

  • Increase CTR from 2.1% to 3.5% with more compelling CTAs

Your Year-End Review Action Plan

Week 1: Data Collection

  • Export all 2025 data from your ESP

  • Compile revenue numbers

  • Gather qualitative feedback

Week 2: Analysis

  • Calculate all 10 key metrics

  • Create comparison charts

  • Identify patterns and trends

Week 3: Strategic Planning

  • Set 2026 goals based on data

  • Plan content calendar improvements

  • Budget for growth initiatives

Week 4: Documentation

  • Create a presentation or report

  • Share insights with team/stakeholders

  • Archive for future reference

Tools to Streamline Your Analysis

Consider these platforms for deeper insights:

  • Google Analytics 4 for website traffic from newsletter clicks

  • UTM parameters to track campaign performance

  • Brand24 or similar tools to monitor newsletter mentions

  • Databox or Glueletter for automated performance dashboards

The Bottom Line

Your newsletter's 2025 performance data is a goldmine of insights. The creators who take time to analyze thoroughly will make smarter decisions, waste less time on ineffective strategies, and grow faster in 2026.

Don't let this year's lessons go unlearned. Block time this week to dive into your data. Your future self will thank you.

Keep growing!

With love,
Nikhil

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