1Password, identity security leader, today announced it surpassed $500 million in annual recurring revenue ARR, growing net new ARR by approximately 60% through first three quarters of FY26, with Q3 26 at approximately 90% year over year growth. Acceleration fueled by growing adoption of 1Password developer and AI security tools as customers secure AI agents and workflows they build. Monthly active usage of these tools grown 200% year over year. Number of businesses using 1Password now exceeds 200,000, including 85% of Forbes AI 50, and net new logos added in Q3 up 150% year over year.
AI agents now execute actions on behalf of people across accounts, codebases, infrastructure, and business systems, often without human present for each operation. Those actions require distinct agent identities, scoped permissions, and complete audit trail. Long-lived credentials and standing access not designed for this operating model, create unacceptable risk. 1Password expanding from protecting credentials in trusted vault to governing dynamic access for humans, AI agents, machine workloads. Access scoped to specific task, granted only when required, revoked when task completes.
1Password partnering with frontier AI labs, hyperscalers, and personal AI agent providers, including Anthropic, Instinct, KERNEL, Meta, NVIDIA, OpenAI, Perplexity, Ramp, Snowflake, SpaceXSI, Town, and more to bring 1Password directly into workflows agents are built, deployed, operated.
1Password Privileged Access, part of Unified Access platform, enforces zero standing privilege for humans and AI agents through just-in-time, just-enough access. 1Password Credential Broker verifies AI agents and machine workloads at runtime and delivers only credentials each authorized to receive. 1Password for Agents brings same model to personal AI agents used by consumers and small businesses, letting people approve what agent can access for each task while keeping credentials protected in 1Password.
Financial Momentum: Surpassing $500M ARR share from 200,000+ business customers exceeding 75%, growing net new ARR 60% through first three quarters FY26, maintaining strong double-digit free cash flow margin, growing customers spending more than $100k ARR annually by more than 40% YoY, improving net retention YoY while maintaining 90%+ gross retention.
Developers and AI builders bringing 1Password into workflows where agents built and operated. Monthly active human users of developer and AI security tools grew 200% YoY. Monthly active non-human identity users grew 500% YoY. Tools now used in 16% of business accounts.
AI agents rapidly changing how people work and live, but unlocking potential requires trust. People need to remain in control of what agents can access and what they can do. Defining challenge not simply to make agents more capable, but to give them trusted way to act on our behalf. 1Password spent past 20 years earning trust providing simple secure access.
About 1Password
1Password redefining identity security for how people and AI agents work today. Unified Access platform discovers and secures identities and credentials, establishes trusted access, audits actions across humans, machines, AI agents. Enterprise vault protects more than 1.6B credentials and secrets trusted by over 200k businesses including Canva, GitHub, Notion, Salesforce, Stripe, Vercel, Wiz, Workday, Zscaler.
