diff --git a/corporate/lib/activity.py b/corporate/lib/activity.py
index 0a1da331a9..90a6bf1aa4 100644
--- a/corporate/lib/activity.py
+++ b/corporate/lib/activity.py
@@ -191,18 +191,15 @@ def get_remote_activity_plan_data(
     elif remote_realm is not None:
         renewal_cents = RemoteRealmBillingSession(
             remote_realm=remote_realm
-        ).get_customer_plan_renewal_amount(plan, license_ledger)
+        ).get_annual_recurring_revenue_for_support_data(plan, license_ledger)
         current_rate = get_plan_rate_percentage(plan.discount)
     else:
         assert remote_server is not None
         renewal_cents = RemoteServerBillingSession(
             remote_server=remote_server
-        ).get_customer_plan_renewal_amount(plan, license_ledger)
+        ).get_annual_recurring_revenue_for_support_data(plan, license_ledger)
         current_rate = get_plan_rate_percentage(plan.discount)
 
-    if plan.billing_schedule == CustomerPlan.BILLING_SCHEDULE_MONTHLY:
-        renewal_cents *= 12
-
     return RemoteActivityPlanData(
         current_status=plan.get_plan_status_as_text(),
         current_plan_name=plan.name,
@@ -238,9 +235,7 @@ def get_estimated_arr_and_rate_by_realm() -> Tuple[Dict[str, int], Dict[str, str
         assert latest_ledger_entry is not None
         renewal_cents = RealmBillingSession(
             realm=plan.customer.realm
-        ).get_customer_plan_renewal_amount(plan, latest_ledger_entry)
-        if plan.billing_schedule == CustomerPlan.BILLING_SCHEDULE_MONTHLY:
-            renewal_cents *= 12
+        ).get_annual_recurring_revenue_for_support_data(plan, latest_ledger_entry)
         annual_revenue[plan.customer.realm.string_id] = renewal_cents
         plan_rate[plan.customer.realm.string_id] = get_plan_rate_percentage(plan.discount)
     return annual_revenue, plan_rate
diff --git a/corporate/lib/stripe.py b/corporate/lib/stripe.py
index 57709ebc4d..67536936d8 100644
--- a/corporate/lib/stripe.py
+++ b/corporate/lib/stripe.py
@@ -2305,6 +2305,19 @@ class BillingSession(ABC):
             ).first()
         return None
 
+    def get_annual_recurring_revenue_for_support_data(
+        self, plan: CustomerPlan, last_ledger_entry: LicenseLedger
+    ) -> int:
+        if plan.fixed_price is not None:
+            # For support and activity views, we want to show the annual
+            # revenue for the currently configured fixed price, which
+            # is the annual amount charged in cents.
+            return plan.fixed_price
+        revenue = self.get_customer_plan_renewal_amount(plan, last_ledger_entry)
+        if plan.billing_schedule == CustomerPlan.BILLING_SCHEDULE_MONTHLY:
+            revenue *= 12
+        return revenue
+
     def get_customer_plan_renewal_amount(
         self,
         plan: CustomerPlan,
diff --git a/corporate/lib/support.py b/corporate/lib/support.py
index ac04c30ab7..1acfd0c566 100644
--- a/corporate/lib/support.py
+++ b/corporate/lib/support.py
@@ -186,7 +186,7 @@ def get_customer_sponsorship_data(customer: Customer) -> SponsorshipData:
 def get_annual_invoice_count(billing_schedule: int) -> int:
     if billing_schedule == CustomerPlan.BILLING_SCHEDULE_MONTHLY:
         return 12
-    else:
+    else:  # nocoverage
         return 1
 
 
@@ -283,13 +283,11 @@ def get_plan_data_for_support_view(
         plan_data.is_current_plan_billable = billing_session.check_plan_tier_is_billable(
             plan_tier=plan_data.current_plan.tier
         )
-        annual_invoice_count = get_annual_invoice_count(plan_data.current_plan.billing_schedule)
         if last_ledger_entry is not None:
             plan_data.annual_recurring_revenue = (
-                billing_session.get_customer_plan_renewal_amount(
+                billing_session.get_annual_recurring_revenue_for_support_data(
                     plan_data.current_plan, last_ledger_entry
                 )
-                * annual_invoice_count
             )
         else:
             plan_data.annual_recurring_revenue = 0  # nocoverage
diff --git a/corporate/tests/test_activity_views.py b/corporate/tests/test_activity_views.py
index 0bd21d05eb..058f0974df 100644
--- a/corporate/tests/test_activity_views.py
+++ b/corporate/tests/test_activity_views.py
@@ -367,6 +367,6 @@ class ActivityTest(ZulipTestCase):
         add_audit_log_data(realm.server, remote_realm=realm, realm_id=None)
 
         self.login("iago")
-        with self.assert_database_query_count(12):
+        with self.assert_database_query_count(11):
             result = self.client_get("/activity/remote")
             self.assertEqual(result.status_code, 200)