1Password passes $500M in ARR, up from $400M in November 2025, driven by enterprise AI coding assistants and agents, and announces 1Password for Agents (Elias Schisgall/Wall Street Journal)

1Password has surpassed $500 million in annual recurring revenue (ARR), an increase from $400 million in November 2025. According to the Wall Street Journal, this growth was driven by enterprise AI agents and coding assistants, with the company maintaining a double-digit free cash flow margin.

The company has launched 1Password for Agents, a sign-in platform designed for personal artificial intelligence agents from companies including Meta Platforms Inc., Anthropic PBC, OpenAI Group PBC, and SpaceXSI. The platform aims to prevent users from pasting passwords into agent chat windows, which can leave copies of credentials outside of a user's control.

SiliconANGLE reports that under this new system, the password is never shared with the agent. Instead, a unique digital key identifies the agent, and the user must approve the login request on their own device before 1Password types the password into the page. OpenAI has already connected ChatGPT Work and its Dots agents to the service, while Meta’s Muse requests logins through the integration when it is activated.

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