1Password passes $500 million in annual recurring revenue as AI adoption grows

First reported by Wall Street Journal at · Updated · 14 sources

The company has launched 1Password for Agents to secure credentials used by AI agents working on users’ behalf. The platform lets agents sign in without seeing passwords, according to The Next Web. Quartz reports that net new annual recurring revenue grew about 60% through the first three quarters of fiscal 2026.

  • 1Password is based in Toronto.

Covered by 14 publishers within 9 hours of the first report.

Reporting14

Wall Street Journal 1Password Surpasses $500 Million in Revenue as AI Agents Drive Growth · Elias Schisgall
BetaKit 1Password tops $500-million USD ARR on the back of accelerating AI demand · Trevor Nichols
Quartz 1Password crossed $500 million in annual recurring revenue as businesses adopt AI agents · Cris Tolomia
RuntimeWire 1Password lets AI agents sign in without seeing passwords · RuntimeWire Staff
The Next Web 1Password lets AI agents sign in for users without seeing their passwords · Ana-Maria Stanciuc
Thurrott 1Password for Agents is Now Available · Paul Thurrott
9to5Google 1Password will let AI agents use your passwords without seeing them · Ben Schoon
PYMNTS AI Security Demand Propels 1Password ARR Past $500 Million · PYMNTS
9to5Mac 1Password launches solution for safely using logins with AI agents · Zac Hall
TechCrunch 1Password launches a way for AI agents to log in on your behalf without seeing your password · Lucas Ropek
Neowin 1Password will allow AI agents to use your credentials without being able to see them · Usama Jawad
Android Authority 1Password’s new solution mitigates the security risks of AI agent account access · Ryan McNeal
TechSpot 1Password now lets AI agents sign in to websites without seeing your passwords · Ivan Franco
MacRumors 1Password for Agents Keeps Your Passwords Hidden From AI · Juli Clover