StorySoftware
Replit Agent 4 launches on iPhone; targets $1 billion ARR by year end
Replit released Agent 4 on iPhone in May 2026, extending parallel agent development to mobile. CEO Amjad Masad announced a target of $1B annualized revenue by end of 2026, reflecting the company's rapid growth. The platform's consumption-based pricing for agents has driven 75% ARR growth in four months.
- Agent 4 iPhone app launches May 2026, bringing parallel agent development to mobile
- CEO Amjad Masad targets $1B ARR by end of 2026, up from $525M in April
- Consumption-based agent pricing added a new revenue stream on top of subscription base
- Replit positioning as the default AI application development platform for developers and non-technical builders