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Cognition
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LATEST NEWS
PUBLISHED
September 25, 2026
Cognition Crosses $1B in Annualized Revenue Run Rate
Cognition announced that its annualized revenue run rate exceeded $1 billion, citing growing enterprise adoption of Devin across companies including GE Aerospace, Rivian, Rohlik and Exa. The milestone provides a key operating metric following the company’s recent $48 billion valuation.
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PUBLISHED
September 8, 2026
Cognition hits $48B valuation, signaling investors believe AI coding is far from a winner-take-all market
Cognition raised $2 billion at a $48 billion valuation, nearly doubling its valuation from the prior round four months earlier. The company said annualized run-rate revenue had increased from $492 million to $900 million, although the report noted substantial compute costs and potential cash burn.
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