AI Agent Revenue: Which Agents Make the Most (2026)

The highest earning AI agent company is Cursor, which reportedly passed $3 billion in annual recurring revenue in early 2026. Cognition follows at about $900 million, and Replit at about $525 million. This page ranks the top AI agent companies by reported ARR. We update it as new figures come out.

A quick note on the numbers. ARR means annual recurring revenue, an annualized run rate. These figures are often self reported or estimated, they move fast, and ARR is not profit. Most of these companies still spend more than they earn. This tracker sits alongside our AI agent unicorns list and AI agent pricing guide.

Which AI agent company makes the most money?

Cursor makes the most money of any AI agent company, with reported ARR above $3 billion in early 2026. It grew from $100 million ARR in January 2025 to over $1 billion by late 2025, then past $3 billion. Cursor is now being acquired and placed under xAI, but its revenue still leads the field by a wide margin. Among fully independent agents, Cognition leads at about $900 million.

The AI agent revenue leaderboard (2026)

Here are the top AI agent companies by reported annual recurring revenue.

Figures are reported ARR as of 2026 and are often self reported or estimated. Treat them as a guide, not audited revenue.

Which category of AI agent earns the most?

Coding agents earn the most revenue by far. Cursor, Cognition, Replit, and Lovable are all coding companies, and together they account for most of the revenue on this list. Legal is second, led by Harvey and Legora. Enterprise search has one large earner in Glean. Customer service, often called the clearest early use case, trails these on revenue so far, with Decagon and Sierra around $100 million each.

How fast is AI agent revenue growing?

AI agent revenue is growing faster than almost any software category on record. Cursor went from $100 million to over $1 billion in ARR in under a year. Cognition reached about $900 million within roughly two years of launch. Lovable hit $10 million ARR in six weeks, the fastest any SaaS product has reached that mark. This speed is why valuations have climbed so high, and also why many worry the prices assume the growth never slows.

Are any AI agents profitable?

Most AI agents are not profitable yet. High ARR does not mean profit. These companies spend heavily on compute, talent, and go to market to grow as fast as they can. Running agents at scale is expensive, because each task uses model inference that costs real money. The bet is that revenue and efficiency will catch up with spending over time. For now, growth is the goal, not profit.

How we track this list

We rank companies by their most recently reported annual recurring revenue. Figures come from company statements, investor reports, and credible press. Many are self reported or estimated, so we label them as reported and round them. We exclude the frontier labs like OpenAI and Anthropic, since they are model companies rather than agents. We review the list as new figures appear.

Frequently asked questions