Cursor reached $4 billion in annualized revenue in early June 2026, according to Forbes reporting from June 8 that Dealroom summarised. Two months later, on August 14, 2026, SpaceX completed its acquisition of Anysphere, the company behind Cursor, in an all-stock deal that valued it at $60 billion. Cursor is now a wholly owned subsidiary inside the SpaceXAI division. Cursor has never published a monthly active user count. Its own material says "millions of developers," 64 percent of the Fortune 500, and more than 50,000 enterprises.
Annualized Revenue Timeline
| Date | Annualized revenue | Source |
|---|---|---|
| 2025-01 | $100 million | Press reports, via Wikipedia |
| 2025-06 | $500 million | TechCrunch, via Wikipedia |
| 2025-11-13 | Over $1 billion | Cursor, Series D post |
| 2026-02 | $2 billion, doubled in about three months | Bloomberg, via Yahoo Finance |
| 2026-04, late | $3 billion | Forbes, via Dealroom |
| 2026-06, early | $4 billion | Forbes, via Dealroom |
Only the November 2025 figure comes from Cursor directly. The rest are press reports that cite people familiar with the company. The mix has moved toward large customers: Bloomberg put enterprise at about 60 percent of revenue at the $2 billion mark, and the June reporting put it at about 75 percent. The same Bloomberg report said some individual developers and smaller startups had switched to Claude Code and that higher-spending corporate customers offset the loss.
Valuation and Ownership Timeline
| Date | Event | Amount | Valuation |
|---|---|---|---|
| 2023-10 | Seed round led by OpenAI Startup Fund | $8 million | Not disclosed |
| 2024, mid | Series A | $60 million | $400 million |
| 2024-11 | Follow-on round | Not confirmed | About $2.5 billion |
| 2025-06-05 | Series C led by Thrive Capital | $900 million | $9.9 billion |
| 2025-11-13 | Series D led by Accel and Coatue | $2.3 billion | $29.3 billion |
| 2026-04-21 | SpaceX secures a right to buy Cursor, or pay $10 billion for joint work | Option | $60 billion |
| 2026-06-16 | SpaceX exercises the option, all stock | All stock | $60 billion |
| 2026-08-14 | Acquisition closes. Anysphere shares convert into 389,289,254 SpaceX Class A shares | All stock | $60 billion |
Round details before the Series D come from press coverage collected on Wikipedia. The Series D is from Cursor's own post. The closing terms are from SpaceX's regulatory filing as reported in trade coverage. SpaceX had listed on Nasdaq on June 12, 2026, four days before it exercised the option, so Cursor's former shareholders now hold stock in a public company.
User and Adoption Figures
| Metric | Value | Date | Source |
|---|---|---|---|
| Daily active users | Over 1 million | 2025 | Bloomberg, via Contrary Research |
| Fortune 500 companies using Cursor | 64% | Read October 2026 | Cursor enterprise page |
| Enterprises | 50,000+ | Read October 2026 | Cursor enterprise page |
| Enterprise lines of code written per day | 100 million+ | Read October 2026 | Cursor enterprise page |
| Professional developers using Cursor at work | 18% | January 2026 | JetBrains AI Pulse |
| Professional developers using Cursor at work | 12% | May to July 2026 | JetBrains Developer Ecosystem Survey |
The JetBrains data shows revenue and reach moving in different directions. Cursor's share of professional developers fell from 18 percent to 12 percent between January and mid 2026, with a sharp drop in China from 28 percent to 16 percent, while annualized revenue doubled over a similar period. That is consistent with fewer individual users and larger enterprise contracts. In the same survey Claude Code rose to 39 percent and Codex to 16 percent.
Status After the Acquisition
Cursor keeps its name and product and operates within SpaceXAI. Trade coverage of the closing says Cursor gains access to SpaceX's GPU capacity and that Grok models have since been trained with Cursor data. On August 28, OpenAI told SpaceX it would end Cursor's access to OpenAI models on November 12, 2026, saying it "cannot be confident that SpaceX will use our technology within our terms of service." Press reports quote chief executive Michael Truell as saying OpenAI models account for about 5 percent of Cursor usage. Cursor continues to offer models from Anthropic, Google, and SpaceXAI.
What Cursor Has Not Disclosed
- Monthly active users. Figures such as 7 million appear on third-party pages without a company source.
- A current daily active user number. The 1 million figure dates from 2025.
- Revenue since the acquisition. No annualized revenue figure has appeared since June 2026, and the closing coverage we read gave none.
- Paying customers and seats. The enterprise page counts companies, not paid users.
- Margins. Cursor pays model providers for inference and has not published gross margin.
Brand Visibility Implications
- Enterprise developers are the audience. With most revenue from large companies, Cursor's agent is making library and vendor choices inside corporate codebases, where a default pick can become a standard.
- The model behind the answer is changing. Losing OpenAI models and adding SpaceXAI models shifts which model recommends tools inside Cursor. A brand that Grok describes poorly now has a second place where that matters. See Grok usage statistics.
- Recommendations vary by tool. The same developer may get different suggestions in Cursor, Claude Code, and Codex because each routes to different models. See Cursor vs Claude Code vs Copilot vs Windsurf.
Methodology
This page is built from company disclosures, regulatory filings, published surveys, and press reporting, not from Presenc AI measurements. Primary sources are used wherever one exists, including Anthropic's Series G and Series H announcements, Cursor's Series D post, Mistral's Series D announcement, Alibaba's December quarter 2025 results, and the public npm download API. Survey and panel data come from JetBrains, The Pragmatic Engineer, and QuestMobile. Where a figure comes only from press coverage, such as The Decoder on OpenAI's DevDay numbers, Dealroom's summary of Forbes on Cursor, or TechNode on QuestMobile, the page says so. Company figures are self-reported and unaudited, and third-party estimates are labelled as estimates. Status as of October 1, 2026.
How Presenc AI Helps
Presenc AI tracks how Claude, ChatGPT, Gemini, and Grok describe and recommend your product on developer and buyer prompts. Since Cursor routes to several of those models, that tracking shows where a tool recommendation is likely to favour you and where it is not.