Identity security leader 1Password officially surpasses $500 million in annual recurring revenue today. Furthermore, rapid adoption by software developers and AI Builders fuels this landmark financial growth. Specifically, net new ARR grows approximately 60% through the first three quarters of FY26. In addition, Q3 FY26 net new ARR reaches nearly 90% year-over-year growth. Meanwhile, active AI Builders expand usage of developer security tools by 200% year over year. Consequently, over 200,000 corporate clients now trust 1Password, including 85% of the Forbes AI 50. Therefore, the firm accelerates investments in 1Password Unified Access and 1Password for Agents platforms.
Building the Future of Trusted Access
Modern AI software agents execute complex tasks across codebases, infrastructure, and enterprise software platforms. However, long-lived credentials and standing access permissions create significant operational security risks. Thus, 1Password expands beyond credential protection to govern dynamic access for people, AI agents, and machines. Specifically, the platform grants task-specific permissions only when required and revokes them upon task completion. Furthermore, 1Password partners with leading AI labs and industry hyperscalers to secure modern workflows directly. Indeed, corporate partners include Anthropic, Instinct, KERNEL, Meta, NVIDIA, OpenAI, Perplexity, Ramp, Snowflake, SpaceXSI, Town, and others.
Comprehensive Security Platforms and Financial Momentum
1Password Privileged Access enforces zero standing privilege for both human teams and AI agents. Meanwhile, 1Password Credential Broker verifies machine workloads at runtime to deliver authorized credentials safely. In addition, 1Password for Agents enables consumer and SMB users to grant access to tasks without having to share their passwords. In actuality, this growing trend in enterprise AI Builders drives business success through every important financial indicator:
- Net new ARR grows by approximately 60% through the first three quarters of FY26.
- Corporate accounts contribute more than 75% of overall annual recurring revenue.
- Free cash flow margins remain at strong double-digit levels throughout the year.
- Customers spending over $100,000 annually increase by more than 40% year over year.
- Gross retention remains above 90% while net retention continues to improve.
Accelerating Tool Adoption Among Developer Networks
Enterprise development teams and AI Builders bring 1Password directly into active development workflows. Specifically, adoption of developer and AI security tools accelerates rapidly across both human and non-human users:
- Monthly active human users of developer and AI tools increase 200% year over year.
- Monthly active non-human identity users surge by 500% year over year.
- Developer and AI security solutions now protect 16% of total business accounts.
“AI agents are rapidly changing how people work and live, but unlocking their potential requires trust,” said David Faugno, CEO of 1Password. “People need to remain in control of what agents can access and what they can do. The defining challenge is not simply to make agents more capable, but to give them a trusted way to act on our behalf. 1Password has spent the past 20 years earning trust by providing people with simple, secure access to their digital world, and we are now applying that foundation to secure how agents get work done for people while keeping them in control. Accelerating through $500 million in ARR, with the fastest growth coming from customers adopting our developer and AI security tools, demonstrates that 1Password, alongside its network of partners, is becoming the trusted foundation for agents.”
“Developers shouldn’t have to choose between shipping agents quickly and shipping them safely,” said Mayank Upadhyay, Chief Security and Trust Officer at Snowflake. “Our integration with 1Password gives every agent action a compound identity, tying it to both the agent and the person it acts for, so security teams get a full audit trail and can apply tighter policies to agent sessions without limiting the user’s own access.”
“Enterprises are moving quickly to put AI agents to work, but every agent needs access to the systems, data and accounts that make it useful. That makes identity the control point for agentic AI. Organizations that can’t see and govern what their agents can reach will struggle to scale them safely. 1Password’s growth reflects how quickly identity security is moving up the priority list as AI adoption accelerates,” said Duncan Brown, Group Vice President, Global Domain Lead: Worldwide Security & Trust, IDC.
Consequently, active AI Builders rely on 1Password to secure next-generation enterprise workflows. Ultimately, each AI Builders team gains the trusted controls required to scale autonomous agents safely.
To explore how Security Operations Centers (SOC) play a crucial role in defending against modern cyber threats, read our latest SOC News.
