Revenue
$200.00M
2026
Funding
$594.20M
2024
Growth Rate (y/y)
38.5%
2025
Revenue
Sacra estimates that Axonius reached $200M in annual recurring revenue (ARR) in May 2026, up from approximately $180M at the end of 2025.
Axonius grew from approximately $37M in ARR at the end of 2021 to $65M in 2022, $100M in 2023, and $130M in 2024. The company roughly doubled ARR between 2024 and May 2026 while expanding from more than 500 customers around its $100M milestone to nearly 1,000 customers by May 2026.
Axonius generates revenue through enterprise subscriptions to its Asset Cloud, which consolidates data about devices, identities, software, SaaS applications, cloud infrastructure, and other technology assets into a security system of record. Contracts typically run for one or more years and scale with the number of assets or users under management.
Customers can expand their subscriptions by adding products for software and SaaS management, exposure management, cloud compliance, and cyber-physical assets. Axonius also grows within existing accounts as customers connect more of their technology environments to the platform.
News
DISCLAIMERS
This report is for information purposes only and is not to be used or considered as an offer or the solicitation of an offer to sell or to buy or subscribe for securities or other financial instruments. Nothing in this report constitutes investment, legal, accounting or tax advice or a representation that any investment or strategy is suitable or appropriate to your individual circumstances or otherwise constitutes a personal trade recommendation to you.
This research report has been prepared solely by Sacra and should not be considered a product of any person or entity that makes such report available, if any.
Information and opinions presented in the sections of the report were obtained or derived from sources Sacra believes are reliable, but Sacra makes no representation as to their accuracy or completeness. Past performance should not be taken as an indication or guarantee of future performance, and no representation or warranty, express or implied, is made regarding future performance. Information, opinions and estimates contained in this report reflect a determination at its original date of publication by Sacra and are subject to change without notice.
Sacra accepts no liability for loss arising from the use of the material presented in this report, except that this exclusion of liability does not apply to the extent that liability arises under specific statutes or regulations applicable to Sacra. Sacra may have issued, and may in the future issue, other reports that are inconsistent with, and reach different conclusions from, the information presented in this report. Those reports reflect different assumptions, views and analytical methods of the analysts who prepared them and Sacra is under no obligation to ensure that such other reports are brought to the attention of any recipient of this report.
All rights reserved. All material presented in this report, unless specifically indicated otherwise is under copyright to Sacra. Sacra reserves any and all intellectual property rights in the report. All trademarks, service marks and logos used in this report are trademarks or service marks or registered trademarks or service marks of Sacra. Any modification, copying, displaying, distributing, transmitting, publishing, licensing, creating derivative works from, or selling any report is strictly prohibited. None of the material, nor its content, nor any copy of it, may be altered in any way, transmitted to, copied or distributed to any other party, without the prior express written permission of Sacra. Any unauthorized duplication, redistribution or disclosure of this report will result in prosecution.