Hugging Face, Inc.
Financial Performance
Hugging Face Revenue & Financials
Revenue
$150M (FY2026, annualized run-rate)
Employees
170
What is Hugging Face's revenue?
Hugging Face's latest revenue figure is $150M (2026). This is an annualized run-rate, not audited fiscal-year revenue.
- Latest revenue
- $150M (FY2026, annualized run-rate)
- Years of data
- 3
- Employees
- 170
- How many employees does Hugging Face have?
- Hugging Face has about 170 employees.
Financial Analysis
Hugging Face does not publish financial statements. Outside estimates and reporting put its annualized revenue at about $150 million in mid-2026 (The Information), and Delangue told TechCrunch in July 2026 that the company was close to profitability. It raised roughly $400 million in total, the largest round being a $235 million Series D in August 2023 at a $4.5 billion valuation from Salesforce Ventures, Google, Amazon, Nvidia, AMD, Intel, Qualcomm, IBM, and Sound Ventures. According to the Financial Times, it turned down a $500 million Nvidia investment at a $7 billion valuation in late 2025. In September 2026 Nvidia agreed to pay $12.93 billion for the whole company: about $11.9 billion to stockholders plus up to about $1.0 billion in equity retention awards for employees, roughly 86 times annualized revenue.
Revenue Trend Analysis
Trend
Not enough comparable years
Hugging Face, Inc. has no full fiscal year of revenue on this page, plus 3 other figures (annualized run-rate, partial-period or estimated) that are not ranked or trended with them. There are not enough consecutive, comparable fiscal years to measure a trend.
Reported Revenue Figures
| Fiscal Year | Revenue | YoY Change | Source |
|---|---|---|---|
| FY2026annualized run-rate | $150M | — | The Information (as reported by Forbes and 24/7 Wall St.) Estimated annualized revenue run-rate, mid-2026. Not company-reported. |
| FY2025annualized run-rate | $81M | — | Sacra estimate Estimated annual recurring revenue at the end of 2025; not audited. |
| FY2024annualized run-rate | $53M | — | Sacra estimate Estimated annual recurring revenue at the end of 2024; not audited. |
Click any row to see year details.
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Hugging Face Revenue and Financial FAQ
What is Hugging Face's revenue?
Hugging Face does not publish results. The Information reported annualized revenue of about $150 million in mid-2026, and Delangue said in July 2026 that the company was close to profitability.
What is Hugging Face's valuation?
Its last venture valuation was $4.5 billion after a $235 million Series D in August 2023. In September 2026 Nvidia agreed to acquire it for $12.93 billion, roughly 86 times annualized revenue.
How much funding has Hugging Face raised?
About $400 million across seed through Series D rounds, including $15M (Series A, 2019), $40M (Series B, 2021), $100M (Series C, 2022), and $235M (Series D, 2023).
Who invested in Hugging Face?
Investors include Betaworks, SV Angel, Lux Capital, Addition, Sequoia, Coatue, Salesforce Ventures, Google, Amazon, Nvidia, AMD, Intel, Qualcomm, IBM, and Sound Ventures.
How is Nvidia's $12.93 billion payment structured?
About $11.9 billion goes to Hugging Face stockholders and up to about $1.0 billion is equity-based retention for employees joining Nvidia, according to Nvidia's Form 8-K.
Did Hugging Face turn down earlier offers?
Yes. The Financial Times reported that Hugging Face declined a $500 million Nvidia investment at a $7 billion valuation in late 2025, and CNBC reported that OpenAI tried to invest $100 million before the Nvidia deal.
How does Hugging Face's revenue model differ from OpenAI's?
OpenAI sells access to its own closed models through ChatGPT and its API. Hugging Face sells the hosting, governance, and compute around models built by many different labs.
Will Hugging Face go public?
No IPO is planned. If the Nvidia acquisition closes as expected in the first half of 2027, Hugging Face will become part of Nvidia.
Who owns Hugging Face?
Hugging Face is a highly valued private startup. In 2023, during the massive generative AI boom, they raised $235 million at a staggering $4.5 billion valuation. Incredibly, almost every massive tech giant participated in the round, including Google, Amazon, Nvidia, Intel, AMD, and Salesforce, proving that the entire industry views Hugging Face as a neutral, critical piece of infrastructure.
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Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Hugging Face Revenue & Financials." CorpDigest, https://corpdigest.com/company/hugging-face/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>Hugging Face reported $150M as its latest revenue figure (2026, annualized run-rate, not audited fiscal-year revenue).</strong><br>Source: <a href="https://corpdigest.com/company/hugging-face/financials" target="_blank" rel="noopener">CorpDigest — Hugging Face financials</a></div>Related Financial Audits
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