Airtable vs Notion Labs, Inc.: Strategic Comparison
Direct Answer
Notion is larger and more valuable than Airtable as of late 2026. Notion passed $500 million in annualized revenue in September 2025 and was valued at $11 billion in a December 2025 employee tender offer, while Airtable had approximately $480 million in annual recurring revenue when Bending Spoons bought it for a $1.285 billion enterprise value (about $2.25 billion in equity value) in a deal that closed September 4, 2026. Airtable had itself been valued at $11 billion in its 2021 Series F, so its 2026 sale priced it at roughly a fifth of that earlier peak. Notion remains independently run by co-founder and CEO Ivan Zhao, while Airtable now operates inside Bending Spoons' portfolio without a disclosed standalone CEO.
Editorial research by Swet Parvadiya. Figures keep each company's fiscal year; amounts reported in another currency are shown in US dollars at an approximate rate and marked with ~. Sources are listed below.
Key Differences at a Glance
| Field | Airtable | Notion Labs, Inc. |
|---|---|---|
| Latest reported revenue | $480.0M (FY2026) | $500.0M (FY2025) |
| Founded | 2012 | 2013 |
| Employees | 700 | 1,000 |
| Market Cap | N/A | N/A |
| Headquarters | United States | United States |
| Revenue / Employee | $686k / employee | $500k / employee |
| Valuation Multiple | N/A | N/A |
Strategic Positioning
Business model and competitive context from the cited profiles
Airtable Strategic Vector
FY2026 Revenue BaselineAirtable's history shows a progression from collaborative database tools to enterprise app building and AI-assisted workflows. Its 2026 sale transferred ownership to Bending Spoons after two rounds of workforce reductions and a renewed focus on enterprise customers.
Notion Labs, Inc. Strategic Vector
FY2025 Revenue BaselineNotion's shift from a $10 AI add-on to bundling AI in its $20 Business plan in 2025 turned AI from an optional upsell into the main reason to upgrade, and CNBC reports half of Business and Enterprise customers now pay for AI features.
Quick Stats Comparison
| Metric | Airtable | Notion Labs, Inc. |
|---|---|---|
| Revenue | $480.0M (FY2026) | $500.0M (FY2025) |
| Founded | 2012 | 2013 |
| Headquarters | San Francisco, California, United States | San Francisco, California, United States |
| Market Cap | N/A | N/A |
| Employees | 700 | 1,000 |
| Revenue / Employee | $686k / employee | $500k / employee |
| Valuation Multiple | N/A | N/A |
Airtable Revenue vs Notion Labs, Inc. Revenue — Year by Year
| Year | Airtable | Notion Labs, Inc. | Higher reported revenue |
|---|---|---|---|
| 2026 | $480.0M | N/A | Only one figure available |
| 2025 | N/A | $500.0M | Only one figure available |
Business Model Breakdown
Overview: Airtable vs Notion Labs, Inc.
This in-depth comparison examines Airtable and Notion Labs, Inc. across revenue, market value, business model, competitive positioning, and long-term growth strategy. Whether you are researching Airtable on its own, evaluating Notion Labs, Inc., or weighing the two companies side by side, the breakdown below highlights where each company leads and where the gap between Airtable and Notion Labs, Inc. is widest.
On the headline numbers, Airtable reports annual revenue of $480.0M against $500.0M for Notion Labs, Inc., while their respective market capitalizations stand at N/A and N/A. Airtable is headquartered in United States and Notion Labs, Inc. operates from United States, and those different home markets shape how each company competes.
Airtable: Airtable lets teams store connected records, view them in different layouts, create interfaces, and automate work. The company describes its platform as a way for people closest to a business process to build the systems they need. Its current offering also includes AI-assisted application building and agents.
Notion Labs, Inc.: Notion is a connected workspace where pages, databases and wikis are built from interchangeable blocks. A team can keep its handbook, product roadmap, meeting notes and project tracker in one place, link them with relational databases, and now ask AI agents to search, summarize or update them. Starting with students, startups and creators, Notion has grown into a tool used by companies such as OpenAI and Cursor.
Business Models: How Airtable and Notion Labs, Inc. Make Money
Airtable and Notion Labs, Inc. pursue distinct approaches to generating revenue, and understanding how each company operates is the foundation of any fair comparison between Airtable and Notion Labs, Inc..
Airtable business model: Airtable sells cloud software subscriptions. Its plans provide different collaboration, administration, automation, app-building, and AI capabilities, while a free plan supports initial use. Airtable said in December 2022 that enterprise customers represented the majority of revenue. Detailed segment revenue and profit figures are not publicly disclosed.
Notion Labs, Inc. business model: Notion uses a freemium subscription model. Individuals can use a Free plan; teams pay per member per month for Plus (about $10 billed annually), Business (about $20, which since May 2025 includes full Notion AI such as agents, AI Meeting Notes and Enterprise Search) or custom-priced Enterprise contracts with SSO, audit logs and admin controls. Revenue grows as free users bring Notion into their employers and teams upgrade to higher tiers. The former standalone Notion AI add-on was retired for new buyers in 2025 when AI moved into the Business plan.
Competitive Advantage: Airtable vs Notion Labs, Inc.
The durability of a company's moat often decides long-term winners. Here is how the competitive advantages of Airtable stack up against those of Notion Labs, Inc..
Airtable competitive advantage: Airtable combines familiar table and spreadsheet interactions with linked records, multiple views, automation, interfaces, and application-building tools. This lets business teams create workflows without starting with conventional software development. Its differentiation depends on product flexibility, governance, integrations, and the ability to support both self-service teams and enterprise deployments.
Notion Labs, Inc. competitive advantage: Notion's edge is a flexible block-and-database model that lets non-engineers build their own wikis, trackers and lightweight apps, plus a large creator and template community that drives organic sign-ups. Bottom-up adoption means many enterprise deals start with employees who already use Notion personally. Bundling AI agents, email, calendar and meeting notes into one workspace raises switching costs as more work lives inside Notion.
Growth Strategy: Where Airtable and Notion Labs, Inc. Are Headed
Future prospects matter as much as current results. The growth strategies below explain how Airtable and Notion Labs, Inc. each plan to expand from here.
Airtable growth strategy: Airtable shifted resources toward large enterprise customers in December 2022. It subsequently expanded its app-building and AI offerings, launching Cobuilder in 2024 and an AI-native product direction in 2025. Following the 2026 acquisition, Bending Spoons said it would invest in Airtable's product, support, and go-to-market operations.
Notion Labs, Inc. growth strategy: Notion's growth plan has three parts: move AI into higher-priced plans (full Notion AI now sits in Business and Enterprise), expand the workspace into adjacent apps (Notion Calendar, Notion Mail, Sites, Forms, AI meeting notes), and sell upmarket to large enterprises with connectors to Microsoft Teams, SharePoint, Gmail and Slack plus Enterprise Search across those tools.
Financial Picture: Airtable vs Notion Labs, Inc.
A closer look at the financial trajectory of Airtable and Notion Labs, Inc. rounds out the comparison.
Airtable: Airtable did not publish conventional annual revenue or net income while private. Bending Spoons said in August 2026 that Airtable's annual recurring revenue was growing more than 20% year over year and was approximately $480 million as of June 2026. Airtable's December 2021 Series F raised $735 million, brought total investment to $1.36 billion, and valued the company at $11 billion pre-money. The 2021 funding valuation is historical, not a current valuation.
Notion Labs, Inc.: 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.
Company-Specific SWOT Notes
Airtable
Linked records, views, interfaces, and automations support many business workflows in one platform.
Airtable's current about page says 500,000 companies and 10 million active users use the platform.
Airtable does not publish audited standalone revenue, profitability, or segment disclosures.
The company announced reductions of 254 employees in 2022 and 237 employees in 2023.
Cobuilder and Airtable's AI features extend the platform from data organization into AI-assisted app and workflow creation.
Airtable competes with work-management, spreadsheet, connected-workspace, and low-code application products.
Notion Labs, Inc.
A large worldwide ecosystem of template creators and influencers drives viral top-of-funnel customer acquisition with near-zero marketing spend.
Notion reached $500M+ annualized revenue with about 1,000 employees and no primary funding raised since 2021.
While simple notes are intuitive, setting up complex multi-table relational databases and rollups can overwhelm non-technical enterprise users.
Agents, mail, calendar and workflow features risk diluting the simplicity that made Notion popular, as CNBC has noted.
Displacing legacy Atlassian Confluence and SharePoint across large enterprise IT departments unlocks multi-million-dollar software contracts.
Microsoft Loop and Copilot in Microsoft 365, and Gemini in Google Workspace, come with suites enterprises already pay for.
Factual Scorecard
| Category | Result | Why |
|---|---|---|
| Same-period Revenue Scale | Not comparable | Airtable: $480.0M (FY2026). Notion Labs, Inc.: $500.0M (FY2025). Different or missing fiscal periods prevent a like-for-like ranking. |
| Founded Earlier | Airtable | Airtable was founded in 2012; Notion Labs, Inc. was founded in 2013. |
Comparison Takeaway: Airtable vs Notion Labs, Inc.
Methodology and sourcing reviewed by Swet Parvadiya. No date is shown unless this comparison has its own editorial review date.
Frequently Asked Questions: Airtable vs Notion Labs, Inc.
Is Airtable or Notion bigger by revenue?
Notion is bigger. It passed $500 million in annualized revenue in September 2025, while Airtable's ARR was approximately $480 million as of June 2026, according to Bending Spoons' acquisition disclosure. Both figures are annualized or recurring revenue, not audited annual revenue, since both companies have been privately held.
Which company is more profitable, Airtable or Notion?
Neither company has disclosed net income, so a direct profit comparison isn't possible. The closest public signal is growth: Bending Spoons said Airtable's ARR was growing more than 20% year over year as of June 2026, while Notion's AI push helped push it past $500 million in ARR by September 2025, with CNBC reporting half of Notion's Business and Enterprise customers now pay for AI features.
Who runs Airtable and Notion now?
Ivan Zhao, who co-founded Notion in 2013, remains its CEO. Airtable's co-founder Howie Liu was CEO until Bending Spoons completed its acquisition on September 4, 2026; the closing announcement referred to Liu only as a co-founder, and no standalone Airtable CEO has been named since.
Why did Airtable sell to Bending Spoons while Notion stayed independent?
Airtable agreed to an all-cash sale on August 4, 2026 at a $1.285 billion enterprise value, roughly a fifth of the $11 billion pre-money valuation it reached in its 2021 Series F. Notion avoided that path by not raising new primary funding since 2021 and instead running employee tender offers, the latest of which valued it at $11 billion in December 2025, the same number Airtable had hit five years earlier.
Which is better, Airtable or Notion, for building internal business tools?
Airtable is generally the better fit for structured, relational data such as tracking inventory, CRM records or production pipelines across linked tables, especially after adding its Cobuilder AI app-generator in 2024. Notion is the better fit for teams whose primary output is documents, wikis and SOPs, since its roughly $20-per-month Business plan bundles AI agents, meeting notes and enterprise search directly into that page-based workspace.
Which company was founded first, Airtable or Notion Labs, Inc.?
Airtable was founded in 2012; Notion Labs, Inc. was founded in 2013.
What revenue did Airtable and Notion Labs, Inc. report?
Airtable reported $480.0M (FY2026), while Notion Labs, Inc. reported $500.0M (FY2025). The fiscal years differ, so these are not a like-for-like same-period comparison.
How do Airtable and Notion Labs, Inc. make money?
Airtable: Airtable sells cloud software subscriptions. Notion Labs, Inc.: Notion uses a freemium subscription model.
Which is better, Airtable or Notion Labs, Inc.?
There is no evidence-based single winner. Compare Airtable and Notion Labs, Inc. on the same fiscal period and the metric relevant to the question, such as revenue, profitability, growth, product fit, or market value.
Sources & References
- SEC EDGAR: Airtable Annual Filings (10-K, 8-K)
- Airtable Corporate Website
- Airtable Annual Report 2026 - Revenue and Financial Data
- airtable.com
- airtable.com
- airtable.com
- airtable.com
- airtable.com
- airtable.com
- airtable.com
- investors.bendingspoons.com
- investors.bendingspoons.com
- bbc.com
- techcrunch.com
- cnbc.com
- SEC EDGAR: Notion Labs, Inc. Annual Filings (10-K, 8-K)
- Notion Labs, Inc. Corporate Website
- Notion Labs, Inc. Annual Report 2025 - Revenue and Financial Data
- cnbc.com
- cnbc.com
- forbes.com
- notion.com
- notion.com
- en.wikipedia.org
Quick Answer
Notion is larger and more valuable than Airtable as of late 2026. Notion passed $500 million in annualized revenue in September 2025 and was valued at $11 billion in a December 2025 employee tender offer, while Airtable had approximately $480 million in annual recurring revenue when Bending Spoons bought it for a $1.285 billion enterprise value (about $2.25 billion in equity value) in a deal that closed September 4, 2026. Airtable had itself been valued at $11 billion in its 2021 Series F, so its 2026 sale priced it at roughly a fifth of that earlier peak. Notion remains independently run by co-founder and CEO Ivan Zhao, while Airtable now operates inside Bending Spoons' portfolio without a disclosed standalone CEO.
Verdict
Airtable and Notion both started as alternatives to spreadsheets and docs, but they landed in very different places by 2026. Airtable doubled down on structured, relational data and AI-assisted app building through Cobuilder and its DeepSky acquisition, yet it still needed an outside buyer: Bending Spoons closed its purchase on September 4, 2026, after Airtable had already cut 254 jobs in 2022 and 237 more in 2023 while refocusing on large enterprises. Notion took the opposite path, growing to more than 100 million users and over $500 million in annualized revenue without raising new primary capital since its 2021 Series C, instead using secondary tender offers to let early backers cash out at a rising valuation. Airtable's ARR was growing more than 20% year over year at the time of its sale, a faster clip than its 700-person headcount might suggest, but its $2.25 billion equity sale price shows the market rewarded Notion's durable independence over Airtable's deeper relational-database architecture. For a buyer choosing a tool today, Airtable remains the stronger fit for structured records and custom app-building, while Notion's docs-plus-AI-agent bundle makes it the pick for teams that live in pages and wikis.
Cite This Page
Automatically generated citations for researchers.
CorpDigest. (2026). Airtable vs Notion Labs, Inc. Comparison. Retrieved , from
CorpDigest. "Airtable vs Notion Labs, Inc. Comparison." CorpDigest, 2026, . Accessed .
CorpDigest. "Airtable vs Notion Labs, Inc. Comparison." CorpDigest. 2026. Accessed . .