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Mailgun vs Amazon SES

In-depth comparison of Mailgun and Amazon SES for B2B SaaS. We analyze pricing, features, deliverability, and total cost of ownership.

Last updated: 2026-03-15. Verify current features, pricing, limits, and integrations on official vendor pages.

Short answer

Mailgun wins on email validation, inbound routing, easier setup, and managed features. SES wins on raw cost, scale, and AWS-native integration. Mailgun is the better choice for teams wanting a managed developer platform with validation and inbound. SES is better for cost-focused AWS teams with engineering resources. Sequenzy is best for SaaS teams needing lifecycle email with billing integration.

Mailgun

The developer email platform with validation, inbound, and SMTP

Amazon SES

The cheapest email infrastructure with AWS-scale capacity

Quick comparison

Decision area Mailgun Amazon SES What to verify
Best For Developers needing validation, inbound, SMTP AWS teams wanting lowest cost Test this with representative data and the next realistic usage tier.
Cost at 100K emails/mo ~$90/mo ~$10/mo Test this with representative data and the next realistic usage tier.
Setup Time 30-60 minutes 1-3 days Test this with representative data and the next realistic usage tier.
Email Validation Mailgun Optimize (built-in) Not available Test this with representative data and the next realistic usage tier.
Inbound Email Flexible routing and parsing SES receiving to S3/Lambda Test this with representative data and the next realistic usage tier.
SMTP Support Full SMTP with routing rules Full SMTP interface Test this with representative data and the next realistic usage tier.
Deliverability Variable shared IP quality Variable, DIY management Test this with representative data and the next realistic usage tier.
Bounce Handling Automatic suppression Must build with SNS Test this with representative data and the next realistic usage tier.
Payment Integration None None Test this with representative data and the next realistic usage tier.
AWS Integration External service Native IAM, Lambda, CloudWatch Test this with representative data and the next realistic usage tier.
Log Retention 5-30 days by plan CloudWatch (configure yourself) Test this with representative data and the next realistic usage tier.

Feature comparison

Feature Mailgun Amazon SES
Send speed 7/10

Decent speed

7/10

Variable by region

Templates 5/10

Handlebars via API

4/10

Basic SES templates

Bounce handling 7/10

Automatic suppression

4/10

Must build with SNS

SMTP routing 9/10

Flexible routing rules

7/10

Standard SMTP

Scale 8/10

Handles high volume

10/10

Unlimited AWS capacity

Email validation 9/10

Mailgun Optimize: real-time + bulk

0/10

Not available

Inbound processing 8/10

Flexible routing with rules

7/10

SES receiving to S3/Lambda/SNS

AWS integration 3/10

External service

10/10

Native IAM, Lambda, CloudWatch, SNS

IP management 6/10

Shared and dedicated options

5/10

Shared or dedicated at $24.95/mo

Analytics dashboard 7/10

Charts and analytics

4/10

Basic SES console

API design 6/10

Functional but dated

4/10

Verbose AWS SDK

Documentation 6/10

Adequate

6/10

Dense AWS docs

SDKs 6/10

7 languages

6/10

AWS SDK (generic)

Event handling 7/10

Webhook events

5/10

SNS (complex)

Setup 6/10

30-60 minutes

3/10

1-3 days

Billing integration 0/10

Not available

0/10

Not available

Lifecycle sequences 0/10

No automation

0/10

No automation

Dunning 0/10

Not available

0/10

Not available

Trial conversion 0/10

Not available

0/10

Not available

Revenue attribution 0/10

Not available

0/10

Not available

Pricing and operating cost

Mailgun

Free trial, then $35/mo

Email validation is paid add-on 5 days log retention on starter Dedicated IP extra IP pool fees

Amazon SES

3,000 free from EC2

Dedicated IPs $24.95/mo CloudWatch/SNS/Lambda costs Engineering time for infrastructure Account suspension risk

Tier or usage case Mailgun Amazon SES
Starter $35/mo

50,000 emails, 5 days log retention

~$5/mo

$0.10/1,000, no monthly fee

Growth $90/mo

100,000 emails, dedicated IP, 15 days logs

~$25/mo

$0.10/1,000 + dedicated IP $24.95/mo

Scale $350+/mo

500K+, 30 days logs, SLA

~$100/mo

$0.10/1,000, volume discounts

Pros and cons

Mailgun

Pros

  • Built-in email validation (Mailgun Optimize)
  • Flexible inbound routing
  • SMTP with routing rules
  • Action Mailer support
  • Managed bounce handling
  • Analytics dashboard
  • Easier setup than SES
  • Tag-based analytics

Cons

  • Variable shared IP quality
  • No marketing automation
  • Short log retention on lower plans
  • Documentation navigation issues
  • SDKs feel dated
  • Multiple ownership changes
  • No SaaS lifecycle features
  • Higher per-email cost than SES

Amazon SES

Pros

  • Lowest cost per email
  • Unlimited scale
  • Native AWS integration
  • SMTP + API
  • Cheap dedicated IPs
  • Global infrastructure
  • AWS SLA
  • Inbound receiving

Cons

  • Complex setup
  • DIY bounce handling
  • SNS harder than webhooks
  • Sandbox restrictions
  • Account suspension risk
  • No dashboard
  • No email validation
  • No lifecycle features

Who should choose what?

Validating signups.

Recommendation: Mailgun

On AWS, sending millions.

Recommendation: Amazon SES

Need email fast.

Recommendation: Amazon SES

Billing-aware lifecycle email.

Recommendation: Amazon SES

Action Mailer setup.

Recommendation: Mailgun

Need transactional and lifecycle cheap.

Recommendation: Amazon SES

Final verdict

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FAQ

How much cheaper is SES than Mailgun?

At 100K emails/month: SES ~$10, Mailgun ~$90. SES is roughly 9x cheaper per email. But Mailgun includes validation, managed features, and easier setup.

Does Mailgun have better deliverability than SES?

Slightly. Both have variable shared IP quality, but Mailgun includes managed bounce handling and optional email validation. SES requires DIY management and has account suspension risk.

Can Mailgun validate emails?

Yes. Mailgun Optimize provides real-time and bulk validation. SES has no validation. This is one of Mailgun strongest unique features.

Which should I choose for a new SaaS?

For most new SaaS projects, a managed platform (Mailgun, Resend, or Sequenzy) is better than raw SES. Sequenzy at $19/mo is especially good because it includes lifecycle email that would take months to build on either platform.

Related reading: B2B email marketing guide , alternatives hub , and B2B SaaS tool stack .