Cognition's revenue run rate surpasses $1 billion

Cognition/Devin

Cognition reached an annualized revenue run rate exceeding $1 billion in September 2026, less than four months after its May Series B at $492 million run rate. The acceleration reflected rapid enterprise adoption, with the company roughly doubling revenue in the time it takes most startups to complete onboarding.

• Run rate doubled from $492M (May) to $1B+ (September) in four months
• Exceptional growth rate reflects strong enterprise demand for autonomous coding
• Powered by adoption at NVIDIA, GE, Citi, Mercedes-Benz and others
• Company reported 89% of its own engineers' code is contributed by Devin