Identity security company 1Password says it has surpassed $500 million in annual recurring revenue, driven by rapid growth in demand from developers and businesses building AI agents. Across multiple reports, the company attributes the increase to accelerating net new annual recurring revenue during the first three quarters of fiscal 2026 and to higher adoption of its tools for developer-focused and agent-related use cases.
The coverage places the milestone in context of 1Password broadening beyond credential protection toward “dynamic access” for people, AI agents, and machines. Financial Post and Quartz both cite net new ARR growth of roughly 60% through the first three quarters of fiscal 2026. Wall Street Journal - Tech frames the news around the way AI adoption raises security, access, and trust challenges that 1Password is trying to address.
Some outlets emphasize financial momentum, while others stress the product direction and the AI-driven market trend. Despite different framing, all sources describe the same headline milestone and link growth to AI agents and related adoption.
