Perplexity’s estimated annual recurring revenue (ARR) surged 50% to over $450 million in March. This one-month growth follows the February launch of Computer, an AI agent platform that coordinates multiple models for complex tasks.
The startup also shifted to usage-based pricing for its advanced services to drive revenue. This expansion pushes Perplexity deeper into the enterprise market as it challenges incumbents Google and Microsoft.
The acceleration demonstrates the company's success in monetizing AI-powered search technology.