The Digester

Cursor tops $2 billion annualized revenue as enterprise sales climb

Mar 3rd 2026

Bloomberg says Cursor's revenue run rate exceeded $2 billion after a three month surge, reflecting a shift from individual developers to corporate buyers.

  • Bloomberg reports Cursor surpassed $2 billion in annualized revenue after its run rate doubled in three months.
  • Cursor was founded in 2022 and initially focused on individual developers.
  • About 60% of Cursor's revenue now comes from large corporate customers.
  • Some individual developers and small startups have switched to Anthropic's Claude Code, often citing price.
  • Higher-spending corporate customers have largely stayed with Cursor.
  • Competitors include Anthropic's Claude Code, OpenAI Codex, Replit, Cognition, and Lovable.
  • Cursor was last valued at $29.3 billion after a $2.3 billion funding round in November.
  • Cursor did not respond to requests for comment.