Notion Labs, Inc.
Financial Performance
Notion Revenue & Financials
Revenue
$865M (FY2026, annualized run-rate)
Employees
1,000
What is Notion's revenue?
Notion's latest revenue figure is $865M (2026). This is an annualized run-rate, not audited fiscal-year revenue.
- Latest revenue
- $865M (FY2026, annualized run-rate)
- Years of data
- 3
- Employees
- 1,000
- How many employees does Notion have?
- Notion has about 1,000 employees.
Financial Analysis
Notion does not publish audited financials. Its key disclosed figure is annualized revenue of more than $500 million, stated to CNBC in September 2025 alongside the launch of Notion AI agents. CNBC later reported that half of Notion's Business and Enterprise customers pay for AI features, up from 10-20% a year earlier. Notion has raised roughly $330 million in total, most of it the $275 million Series C at a $10 billion valuation in October 2021, and has since used secondary tender offers rather than new primary rounds; the latest, at an $11 billion valuation, gave employees and early investors liquidity. Third-party estimates (e.g. Sacra) put 2026 ARR well above $500 million, but these are not company-confirmed.
Revenue Trend Analysis
Trend
Not enough comparable years
Notion Labs, 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 | $865M | — | Sacra estimate Estimated annual recurring revenue as of July 2026; not company-confirmed. |
| FY2025annualized run-rate | $500M | — | CNBC Annualized revenue of more than $500 million, stated by Notion in September 2025. Not audited; Notion is private. |
| FY2024annualized run-rate | $399M | — | Sacra estimate Approximate ARR implied by the estimated USD 610 million at end-2025 and 53% year-over-year growth. |
Click any row to see year details.
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Notion Revenue and Financial FAQ
What is Notion's revenue?
Notion said in September 2025 that its annualized revenue had passed $500 million. As a private company it does not publish audited results; higher 2026 figures circulating online are third-party estimates.
How much funding has Notion raised?
About $330 million in total, including a $10 million round at an $800 million valuation in 2019, a $50 million Series B at $2 billion in 2020, and a $275 million Series C at $10 billion in October 2021.
What is Notion's current valuation?
$11 billion, set by an employee tender offer of about $270 million that launched in December 2025 and closed in January 2026, with GIC joining Sequoia and Index Ventures.
How much of Notion's business comes from AI?
CNBC reported in 2026 that half of Notion's Business and Enterprise customers pay for AI features, up from 10-20% a year earlier, after Notion bundled full AI into its Business plan in May 2025.
Is Notion profitable?
Notion has said it was profitable in its early growth years, but it does not disclose current profit figures.
Does Notion plan an IPO?
No IPO has been announced. Notion has relied on tender offers for liquidity and has not raised primary capital since 2021.
How does Notion maintain profitability while scaling its product-led growth model?
Notion achieves structural profitability and positive free cash flow by maintaining an exceptionally lean engineering team relative to its 100M+ user base, relying on viral organic user adoption and word-of-mouth rather than high-spending enterprise sales and marketing overhead.
What is Notion's average revenue per user (ARPU) expansion dynamic across teams?
Notion expands ARPU through team tier upgrades ($10/seat Plus, $18/seat Business) and its native Notion AI add-on ($8–$10/user/month). As startups and enterprise teams adopt Notion databases and connected knowledge bases, seat counts expand organically across engineering, design, and marketing departments.
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Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Notion Revenue & Financials." CorpDigest, https://corpdigest.com/company/notion/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>Notion reported $865M as its latest revenue figure (2026, annualized run-rate, not audited fiscal-year revenue).</strong><br>Source: <a href="https://corpdigest.com/company/notion/financials" target="_blank" rel="noopener">CorpDigest — Notion financials</a></div>Related Financial Audits
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