Cursor Revenue Surpasses $2 Billion Annualized Run Rate
Cursor has surpassed $2 billion in annualized revenue, according to TechCrunch, citing a Bloomberg source. The company’s revenue run rate—an extrapolation of recent sales over a 12-month period—has doubled in the past three months.
Corporate clients now make up around 60% of Cursor’s revenue, a shift from its early focus on individual developers. The company has increasingly targeted large enterprise customers, which have contributed to the recent surge in revenue.
Founded in 2022, Cursor develops AI-powered tools that help software developers write and edit code. The company competes with products like Anthropic’s Claude Code and OpenAI’s Codex in the expanding market for AI-assisted software development.
Cursor was last valued at $29.3 billion following a $2.3 billion funding round co-led by Accel and Coatue in November.
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