Anduril Industries, Inc.
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Financial Performance
Revenue
$1.5B+ ARR
Employees
4,500
Anduril Industries represents one of the most remarkable financial and capital allocation stories in contemporary defense aerospace. Founded in 2017, the company has scaled annual revenue from roughly $10 million in 2018 to $150 million in 2022, crossing $300 million in 2024, and achieving an annualized revenue run-rate exceeding $500 million in 2026. Unlike traditional defense contractors whose operating margins are artificially constrained to 8-12% under cost-plus Pentagon regulations, Anduril generates commercial software-and-hardware blended gross margins approaching 50% across its mature product lines. With more than $3.5 billion in cumulative equity capital raised from tier-one venture investors including Founders Fund, Andreessen Horowitz, Sands Capital, 8VC, and Baillie Gifford, Anduril holds an enterprise private valuation of $14.0 billion with zero net debt, providing massive balance-sheet resilience to fund multi-million-square-foot gigafactories (Arsenal) and compete head-to-head for prime military programs of record.
Revenue Trend Analysis
YoY Change
+50%
5-Year CAGR
+58.5%
Peak Year
2026
Trend
Consistent Growth
Anduril Industries, Inc. has reported revenue across 4 fiscal years, compounding at +58.5% annually over 5 years. The most recent year saw a 50% increase versus the prior year. Revenue peaked in 2026 at $1.5B. Out of 3 reported periods, 3 showed growth and 0 showed a decline.
| Fiscal Year | Revenue | YoY Change |
|---|---|---|
| FY2026 | $1.5B | +50.0% |
| FY2024 | $1.0B | +100.0% |
| FY2023 | $500M | +233.3% |
| FY2021 | $150M | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.
Click any row to see year details.
Anduril Industries, Inc. reported approximately $1.5B in fiscal year 2026 with a team of 4,500 employees worldwide.
Anduril Industries, Inc. strategically balances reinvestment into core R&D with operational cost discipline, focusing on workflow automation to expand operating margins in 2026.
Financial performance in Defense Technology, Autonomous Systems & National Security Hardware-Software is driven by steady cash generation and pricing power, enabling Anduril Industries, Inc. to reinvest in high-return strategic initiatives.
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Anduril Industries, Inc. Revenue & Financials." CorpDigest, https://corpdigest.com/company/anduril/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Anduril Industries, Inc. reported $2B in revenue (FY2026).</strong><br>Source: <a href="https://corpdigest.com/company/anduril/financials" target="_blank" rel="noopener">CorpDigest — Anduril Industries, Inc. financials</a></div>