Sources: Cursor hit $2.7B in annualized sales in March, up ~14x from a year ago, and reported a nearly $900M loss in its past fiscal year on ~$770M in revenue
Weeks before Cursor agreed to a $60 billion potential takeover from SpaceX, the hot AI coding startup set out to raise billions of dollars.
Scoop: For more than a year, Silicon Valley has buzzed about Cursor's growth—and whispered about its margins. Now, on the cusp of a $60B buyout, we reveal the hot vibe coding's financials, the ‘Anthropic effect’ that muddied fundraising, and why SpaceX https://www.theinformation.…
Scoop on Cursor's financials. Fast growing revenue and (until recently) negative gross margins. In the end, investors made $$$ https://www.theinformation.com/ ... w/ @coryweinberg @julia_hornstein @erinkwoo @lauramandaro
Cursor at -23% gross margin in January $2.7B annualized revenue, up 14x YoY, expects $7B eoy but Claude code caught up fast, hard for cursor to raise xAI only at $3.2B 2025 rev, mostly twitter, really wants Cursors revenue 🍿 to see how it shakes out https://www.theinformation.com…
When you rely completely on Anthropic and OpenAI frontier models while competing head on with those companies on product, inference costs can get out of hand.
Cursor made “roughly” $770m in revenue in 2025 and lost “nearly” $900 million. Yet it raised over $3 billion that period and needed another $2 billion before the spacex acquisition. Something doesn't add up! [image]