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Replit spent nine years as a browser IDE, then Agent turned it into one of the fastest-growing software businesses of the AI era. Research estimates put annualized revenue at roughly $525 million in April 2026, up from about $300 million at the end of 2025, at a $9 billion valuation.
~$525M
Annualized revenue, Apr 2026
$9B
Valuation, Series D Mar 2026
2016
Founded, San Francisco
Estimated
Source tier: research estimate
Reported and estimated annualized revenue in USD millions, 2023 to 2026. The inflection is Agent: text-to-app generation converted a developer tool into a self-serve product for non-developers.
$10M → $150M
~9 months
Dec 2024 → Sep 2025
$150M → $300M
~3 months
Sep 2025 → Dec 2025
$300M → $525M
~4 months
Dec 2025 → Apr 2026
Valuation, 3x
6 months
$3B → $9B
2023
$5M ARR
Replit is a subscription IDE with hosting; revenue comes from prosumer plans. — Sacra
End of 2024
$10M ARR
Around $10M ARR before Agent ships — a normal developer-tools business. — Sacra
September 2025
$150M ARR
On track for roughly $150M annualized as Agent adoption compounds; $3B valuation round. — TechCrunch
End of 2025
$300M ARR
About $300M annualized as usage-based Agent billing scales past seat subscriptions. — Sacra
April 2026
$525M ARR
Roughly $525M annualized; $400M Series D at a $9B valuation closed in March 2026. — Sacra / TechCrunch
Latest ARR
~$525M
Sacra, Apr 2026
Valuation
$9B
Series D, Mar 2026
Latest round
$400M
Georgian Partners, Mar 2026
Gross margin
~85%
Sacra
Founded
2016
Company
CEO
Amjad Masad
Company
Revenue basis
Annualized run rate
Research estimate
Replit's old business was seats: a subscription for a browser IDE. Agent changed the unit of value from a seat to a task. Users now pay for effort — checkpoints, builds, deployments — which means revenue rises with what people ship rather than with how many accounts they open. That is the single biggest reason the curve bent in 2025.
The second lever is who buys. Text-to-app pulled in marketers, operators and founders with no engineering background, then self-serve plans laddered them into higher-ACV team and enterprise tiers, with distribution through cloud marketplaces on top. It is the same motion Lovable runs, and the same reason these companies need payments infrastructure that works the moment a non-developer wants to charge for what they built.
Revenue Mix
FAQ
Apps built by agents still need to charge humans. Clink adds checkout, subscription management and merchant-of-record tax to whatever your builder ships.
See Clink for Lovable→