Cursor Doubles to $2B ARR in 3 Months — Fastest-Scaling SaaS in History, $29.3B Valuation, Enterprise Now 60% of Revenue
SaaStr·high signal
Cursor reached $2B in annualized revenue by February 2026, doubling from $1B in just three months — the fastest revenue scaling in SaaS history, outpacing even OpenAI. Enterprise adoption drove the acceleration: corporate contracts grew from 45% of revenue at $1B to nearly 60% at $2B. Over 1M paying customers and 1M DAUs, with majority of Fortune 500 as customers. Cursor closed a $2.3B Series D at $29.3B valuation. The devtools category is being rapidly consolidated by AI-native coding agents.