Wiz, Inc.
Financial Performance
Wiz Revenue & Financials
Revenue
$1B (FY2025, annualized run-rate)
Employees
1,800
What is Wiz's revenue?
Wiz's latest revenue figure is $1B (2025). This is an annualized run-rate, not audited fiscal-year revenue.
- Latest revenue
- $1B (FY2025, annualized run-rate)
- Years of data
- 3
- Employees
- 1,800
- How many employees does Wiz have?
- Wiz has about 1,800 employees.
Financial Analysis
As a private company Wiz never published audited financial statements, so its scale is known mainly from ARR figures it or people close to it disclosed. Wiz said it reached $100 million in ARR in about 18 months, announcing the milestone in August 2022. It reported about $350 million in ARR by early 2024, and co-founder Roy Reznik said in October 2024 that ARR had reached $500 million. TechCrunch reported, citing a person familiar with the matter, that Wiz crossed $1 billion in ARR in 2025. Wiz raised about $1.9 billion in venture funding, ending with a $1 billion round at a $12 billion valuation in May 2024, before Alphabet bought it for $32 billion in cash.
Revenue Trend Analysis
Trend
Not enough comparable years
Wiz, 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 | $1B | — | TechCrunch Annual recurring revenue crossed $1 billion in 2025, per a source cited by TechCrunch. Not audited revenue. |
| FY2024annualized run-rate | $500M | — | TechCrunch ARR of $500 million as stated by co-founder Roy Reznik in October 2024. |
| FY2023annualized run-rate | $350M | — | Globes About $350 million in ARR as reported by the company in early 2024. |
Click any row to see year details.
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Wiz Revenue and Financial FAQ
What is Wiz's annual recurring revenue (ARR)?
Wiz surpassed a $1.0 billion ARR run-rate by 2025, maintaining blistering year-over-year revenue growth that established it as the fastest-scaling enterprise software company in history.
What was Wiz's valuation progression across funding rounds?
Wiz was valued at $500 million in late 2020, $1.7 billion in March 2021, $6 billion in October 2021, $10 billion in February 2023, and reached $12 billion in its May 2024 Series E round.
How much total venture capital has Wiz raised?
Wiz has raised over $1.9 billion in equity financing from premier venture investors including Index Ventures, Sequoia Capital, Insight Partners, Cyberstarts, Greenoaks, Lightspeed, and Andreessen Horowitz.
Why did Alphabet offer $23 billion for Wiz in 2024?
Alphabet sought to acquire Wiz for $23 billion (roughly 45x ARR) to bolster Google Cloud's enterprise security credentials against Microsoft Azure and AWS and integrate top-tier multi-cloud security.
What are typical enterprise contract values for Wiz?
Wiz routinely signs six- and seven-figure annual contracts with Fortune 500 clients, with several large global financial institutions and tech leaders spending over $5 million to $10 million annually.
What is Wiz's gross margin profile?
Because Wiz operates out-of-band cloud analysis efficiently, it generates strong SaaS gross margins exceeding 75%–80%, typical of premier enterprise cybersecurity software.
When does Wiz plan to execute an Initial Public Offering (IPO)?
Following the rejection of Google's $23 billion offer in 2024, management set its sights on an eventual public listing, targeting $1 billion+ in ARR before pursuing a landmark Wall Street IPO.
How does Wiz manage operating cash burn?
While Wiz invests aggressively in global sales distribution and R&D engineering, its exceptional revenue acceleration and high contract renewal rates provide a clear path to self-funding profitability.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Wiz Revenue & Financials." CorpDigest, https://corpdigest.com/company/wiz/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>Wiz reported $1B as its latest revenue figure (2025, annualized run-rate, not audited fiscal-year revenue).</strong><br>Source: <a href="https://corpdigest.com/company/wiz/financials" target="_blank" rel="noopener">CorpDigest — Wiz financials</a></div>Related Financial Audits
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