Cursor Hits $2 Billion Annualized Revenue, Doubling Run Rate in Just Three Months
Summary
AI coding assistant Cursor surpasses $2 billion in annualized revenue as of February 2026, doubling its run rate in just three months, with corporate clients driving 60% of revenue at a $29.3 billion valuation.
Key Points
- Cursor's annualized revenue has surpassed $2 billion as of February 2026, doubling its run rate in just three months.
- Corporate customers now drive approximately 60% of Cursor's revenue, with growth coming from both new enterprise clients and existing customers expanding their usage.
- Valued at $29.3 billion following a November funding round, Cursor is competing in a crowded AI coding assistant market against major players like OpenAI, Anthropic, Google, and smaller rivals such as Replit and Lovable.