Gusto (ZenPayroll, Inc.)
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Explore Gusto (ZenPayroll, Inc.)
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Financial Performance
Revenue
$500M+ ARR
Employees
2,500
Gusto represents one of the most capital-efficient, disciplined, and enduring financial growth narratives in modern enterprise software. Founded in 2011, the company grew annual recurring revenue from $5 million in 2014 to $100 million in 2018, crossed $250 million in 2021 at a $9.5 billion valuation, and surpassed an annualized revenue run-rate exceeding $500 million ($500M+ ARR) in 2026 with positive operating cash flows. Capitalized with over $700 million in equity financing from premier institutions including T. Rowe Price, Fidelity, Franklin Templeton, General Catalyst, and CapitalG, Gusto maintains an unshakeable fortress balance sheet, preparing for a landmark initial public offering on Wall Street.
Revenue Trend Analysis
YoY Change
+42.9%
8-Year CAGR
+22.3%
Peak Year
2026
Trend
Consistent Growth
Gusto (ZenPayroll, Inc.) has reported revenue across 4 fiscal years, compounding at +22.3% annually over 8 years. The most recent year saw a 42.9% increase versus the prior year. Revenue peaked in 2026 at $500M. Out of 3 reported periods, 3 showed growth and 0 showed a decline.
| Fiscal Year | Revenue | YoY Change |
|---|---|---|
| FY2026 | $500M | +42.9% |
| FY2023 | $350M | +40.0% |
| FY2021 | $250M | +150.0% |
| FY2018 | $100M | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.
Click any row to see year details.
Gusto (ZenPayroll, Inc.) reported approximately $500M in fiscal year 2026 with a team of 2,500 employees worldwide.
Gusto (ZenPayroll, 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 Cloud Payroll, Benefits Administration, Human Resources Software & SMB Financial Services is driven by steady cash generation and pricing power, enabling Gusto (ZenPayroll, Inc.) to reinvest in high-return strategic initiatives.
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Gusto (ZenPayroll, Inc.) Revenue & Financials." CorpDigest, https://corpdigest.com/company/gusto/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>Gusto (ZenPayroll, Inc.) reported $500M in revenue (FY2026).</strong><br>Source: <a href="https://corpdigest.com/company/gusto/financials" target="_blank" rel="noopener">CorpDigest — Gusto (ZenPayroll, Inc.) financials</a></div>