AI Companies Ranked by Revenue (2026)
Anthropic leads with $16.3B in annualized revenue. Compare run rates and ARR of 35 AI companies, each figure dated and sourced. Updated November 11, 2026.
| Rank | Company | Revenue | Revenue type | Revenue date |
|---|---|---|---|---|
| 1 | Anthropic | $16.3B | H1 2026 | Oct 26, 2026 |
| 2 | Surge AI | $1.2B | FY2024 | Sep 17, 2025 |
| 3 | Cognition | $1B | Annualized run rate as of 2026-09-25 | Sep 25, 2026 |
| 4 | Cursor (Anysphere) | $1B | annualized revenue | Nov 13, 2025 |
| 5 | DeepSeek | $1B | Annualized run rate as of September 2026 | Sep 24, 2026 |
| 6 | Fireworks AI | $1B | Annualized revenue run rate | Jul 15, 2026 |
| 7 | Modal Labs | $1B | Annualized run rate | Oct 14, 2026 |
| 8 | Moonshot AI | $1B | ARR, August 2026 | Aug 31, 2026 |
| 9 | OpenAI | $1B | Run rate | Nov 3, 2026 |
| 10 | Scale AI | $1B | FY2025 | Dec 31, 2025 |
| 11 | Together AI | $1B | Annualized revenue, March 2026 | Mar 5, 2026 |
| 12 | Perplexity | $750M | Annualized revenue, August 2026 | Aug 23, 2026 |
| 13 | AlphaSense | $600M | Reported | Jun 3, 2026 |
| 14 | Baseten | $600M | Annualized revenue, March 2026 | Mar 31, 2026 |
| 15 | ElevenLabs | $500M | ARR | May 5, 2026 |
| 16 | Harvey | $400M | ARR as of 2026-09-09 | Sep 9, 2026 |
| 17 | Mistral AI | $400M | Annualized run rate, February 2026 | Feb 11, 2026 |
| 18 | Sierra | $400M | ARR | Oct 30, 2026 |
| 19 | Glean | $300M | Annual recurring revenue as of 2026-05-28 | May 28, 2026 |
| 20 | Shield AI | $300M | FY2025 | Dec 31, 2025 |
| 21 | Cohere | $240M | ARR, 2025 | Dec 31, 2025 |
| 22 | EliseAI | $200M | 2026 ARR | Jun 10, 2026 |
| 23 | Genspark.ai | $200M | annual run rate | Mar 12, 2026 |
| 24 | HeyGen | $200M | ARR | Jun 25, 2026 |
| 25 | Legora | $200M | ARR | Oct 21, 2026 |
| 26 | Lovable | $200M | ARR | Nov 18, 2025 |
| 27 | Midjourney | $200M | FY2023 | Mar 29, 2026 |
| 28 | Hugging Face | $150M | Annualized revenue, August 2026 | Aug 26, 2026 |
| 29 | Replit | $150M | Annualized revenue, September 2025 | Sep 10, 2025 |
| 30 | Synthesia | $140M | ARR | Feb 10, 2026 |
| 31 | Clay | $100M | ARR | Dec 8, 2025 |
| 32 | Crusoe | $100M | 2026 | Sep 17, 2026 |
| 33 | Gamma | $100M | ARR | Nov 10, 2025 |
| 34 | OpenEvidence | $100M | Annual revenue disclosed January 2026 | Jan 21, 2026 |
| 35 | Skild AI | $100M | ARR as of September 2026 | Sep 10, 2026 |
Frequently asked questions
Which AI company has the highest revenue in 2026?
Anthropic has the highest revenue: $16.3B (H1 2026, Oct 26, 2026).
What is the combined revenue of the companies listed?
Their latest figures add up to $33.1B. Run rates, ARR and reported revenue are summed as published.
Which AI company is growing revenue fastest?
Baseten grew fastest: 1900% from $30M (Mar 1, 2025) to $600M (Mar 31, 2026).
What counts as revenue on this list?
Revenue means company-level annualized run rate, ARR or reported revenue as disclosed. Figures for a single segment or product line are not counted.
How is the revenue ranking built?
Revenue is each company's latest released, company-level revenue disclosure (annualized run rate, ARR or reported revenue). Segment-only figures and unverified or illustrative numbers are excluded, and every figure is dated.