Plaid Inc.
Financial Performance
Plaid Revenue & Financials
Revenue
$500M (FY2025, annualized run-rate)
Employees
1,300
What is Plaid's revenue?
Plaid's latest revenue figure is $500M (2025). This is an annualized run-rate, not audited fiscal-year revenue.
- Latest revenue
- $500M (FY2025, annualized run-rate)
- Years of data
- 3
- Employees
- 1,300
- How many employees does Plaid have?
- Plaid has about 1,300 employees.
Financial Analysis
Plaid does not publish audited financials. Its CEO said annual recurring revenue topped $500 million at the end of 2025, growing about 40%, and that the company is profitable. Valuations have swung widely: $2.65 billion in 2018, a $5.3 billion Visa offer in 2020, $13.4 billion in a 2021 Series D, $6.1 billion in an April 2025 round of about $575 million led by Franklin Templeton, and $8 billion in a February 2026 employee share sale. Plaid Inc. is a highly influential American financial technology network that securely connects consumer bank accounts to fintech applications, sustaining a massive private market valuation over $13 billion.
Revenue Trend Analysis
Trend
Not enough comparable years
Plaid 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 |
|---|---|---|---|
| FY2025annualized run-rate | $500M | — | Plaid 2025 shareholder letter Annual recurring revenue above 500 million dollars (about 40% growth), stated by CEO Zach Perret; Plaid is profitable. |
| FY2024annualized run-rate | $390M | — | Sacra estimate Estimated annual recurring revenue; Plaid does not publish audited financial statements. |
| FY2023annualized run-rate | $307M | — | Sacra estimate Approximate annual recurring revenue, derived from the reported 2024 ARR and 27% year-over-year growth. |
Click any row to see year details.
Keep researching Plaid
Plaid Revenue and Financial FAQ
What is Plaid's valuation and funding history?
Plaid was valued at $2.65 billion in 2018, $13.4 billion in an April 2021 Series D led by Altimeter, $6.1 billion in an April 2025 round of about $575 million led by Franklin Templeton, and $8 billion in a February 2026 employee share sale.
What is Plaid's annual revenue?
CEO Zach Perret said Plaid's annual recurring revenue exceeded $500 million at the end of 2025, up about 40%. Plaid is private and does not publish audited GAAP revenue.
Is Plaid profitable?
Yes, according to the company. Perret's 2025 shareholder letter said Plaid is profitable; it has not published net income figures.
How many financial institutions does Plaid support?
Plaid says it connects to more than 12,000 banks, credit unions and other financial institutions in the U.S., Canada, the UK and Europe.
Did Visa pay Plaid a breakup fee?
No breakup fee was publicly disclosed. Visa and Plaid mutually ended their $5.3 billion merger agreement in January 2021 after the DOJ antitrust suit.
What is Plaid's annual recurring revenue (ARR) and growth trajectory?
Plaid generates estimated annual revenues between $300 million and $400 million, powered by billions of API calls from thousands of fintech and enterprise banking clients paying recurring subscription commitments and volume-based API call fees.
How did Plaid maintain balance sheet strength after the Visa acquisition was blocked in 2021?
Following the mutual termination of the $5.3 billion Visa buyout due to DOJ antitrust resistance, Plaid raised a massive $425 million Series D funding round in April 2021 led by Altimeter Capital at a $13.4 billion valuation, providing a multi-year cash fortress.
What is the revenue potential of Plaid Transfer and instant bank pay rails?
Plaid Transfer allows businesses to initiate multi-rail bank account-to-account payments (including FedNow, RTP, and ACH). By monetizing payment settlement volume rather than just data access fees, Plaid is expanding into high-volume payment processing take-rates.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Plaid Revenue & Financials." CorpDigest, https://corpdigest.com/company/plaid/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>Plaid reported $500M as its latest revenue figure (2025, annualized run-rate, not audited fiscal-year revenue).</strong><br>Source: <a href="https://corpdigest.com/company/plaid/financials" target="_blank" rel="noopener">CorpDigest — Plaid financials</a></div>Related Financial Audits
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