Cohere Inc.
Market Data Current As Of: September 12, 2026
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Explore Cohere
Core profile pages, annual revenue records, and related research hubs for this company.
Cohere Inc.
Compare market positioning with top industry peers
Explore Cohere
Core profile pages, annual revenue records, and related research hubs for this company.
Financial Performance
Revenue
$50M+ ARR
Employees
400
Cohere represents one of the most disciplined and capital-efficient enterprise financial narratives in modern artificial intelligence. Founded in 2019, the company scaled annualized recurring revenue from near zero in 2021 to $15 million in 2023, crossing $35 million in 2024, and surpassing an annualized revenue run-rate exceeding $50 million ($50M+ ARR) in 2026. Cohere generates software-grade gross margins approaching 75% on private enterprise software licenses. Backed by more than $900 million in cumulative equity financing—led by its $500 million Series D round at a $5.5 billion valuation with participation from PSP Investments, Cisco, AMD, Fujitsu, and Oracle—Cohere maintains massive cash reserves and an exceptionally high concentration of institutional enterprise backing.
Revenue Trend Analysis
YoY Change
+42.9%
4-Year CAGR
+123.6%
Peak Year
2026
Trend
Consistent Growth
Cohere Inc. has reported revenue across 4 fiscal years, compounding at +123.6% annually over 4 years. The most recent year saw a 42.9% increase versus the prior year. Revenue peaked in 2026 at $50M. Out of 3 reported periods, 3 showed growth and 0 showed a decline.
| Fiscal Year | Revenue | YoY Change |
|---|---|---|
| FY2026 | $50M | +42.9% |
| FY2024 | $35M | +169.2% |
| FY2023 | $13M | +550.0% |
| FY2022 | $2M | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.
Click any row to see year details.
Cohere Inc. reported approximately $50M in fiscal year 2026 with a team of 400 employees worldwide.
Cohere 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 Enterprise AI Foundation Models, Multilingual LLMs & Retrieval-Augmented Generation (RAG) is driven by steady cash generation and pricing power, enabling Cohere Inc. to reinvest in high-return strategic initiatives.
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Cohere Inc. Revenue & Financials." CorpDigest, https://corpdigest.com/company/cohere/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>Cohere Inc. reported $50M in revenue (FY2026).</strong><br>Source: <a href="https://corpdigest.com/company/cohere/financials" target="_blank" rel="noopener">CorpDigest — Cohere Inc. financials</a></div>