1Password now earns over $500M in annual recurring revenue. It held $400M in November 2025. Its free cash flow margin is in the double digits. The company attributes growth to rising enterprise use of AI agents. It aims to solve new security, access and trust challenges from this trend. The figures were stated by the company itself.
What changed
1Password had $400M in annual recurring revenue in November 2025.
What it unlocks
Positioning 1Password to address security, access, and trust challenges from AI agent adoption.
- $500M annual recurring revenue
- $400M in November 2025
- free cash flow margin in double digits
Sources