Perplexity Hits $450M ARR After 50% Monthly Revenue Jump — Pivot From Search to AI Agents Pays Off With 100M+ Monthly Users

Financial Times via Yahoo Finance·medium signal

Perplexity's annualized revenue reached ~$454M in March 2026, up 50% from the prior month, fueled by its strategic pivot from AI search to agentic products including Computer (agent features) and Comet (agent-capable browser). The company reports 100M+ monthly active users and tens of thousands of enterprise customers, with management targeting $656M ARR by end of 2026. The rapid payoff follows a shift toward usage-based pricing and credit metering for premium tiers priced $20-$200.