Lovable’s Annual Run-Rate Revenue Hits $600M as Fortune 500 Adoption Grows
Lovable says apps built on its platform now attract nearly 1 billion monthly views—about an order of magnitude more than its own site—as two-thirds of Fortune 500 companies use the product. Revenue reached $600M, up from $500M in June 2026.
Vibe-coding platform Lovable has reached an annual run-rate revenue of $600 million, up from $500 million reported in June 2026, co-founder Fabian Hedin announced at the HumanX summit in Amsterdam on Thursday, September 24, 2026.
Hedin said the company has made growing its enterprise business a priority, claiming that two-thirds of Fortune 500 companies now use its product. Named customers include Microsoft, Nvidia, and Deutsche Telekom.
Beyond revenue, Hedin highlighted the scale of what users are building on the platform. Apps created through Lovable are collectively drawing nearly one billion views per month — a figure he described as an order of magnitude larger than traffic to Lovable’s own site.
“You can use these tools [like Codex or Claude code] to output code. The difference is that Lovable does not output code. The output is a product, and increasingly so, a business. We do a lot of things around hosting, deployment, and scaling apps,” Hedin said.
The revenue milestone comes as Lovable has raised over $700 million across two funding rounds in roughly eight months. In December 2025, the company raised $300 million from Menlo Ventures and CapitalG at a $6.6 billion valuation. This past August, it raised a further $400 million from Menlo Ventures and the Scaleup Europe Fund, pushing its valuation to $13.3 billion.
The rapid revenue growth and enterprise adoption suggest that demand for platforms that turn user prompts directly into deployable products — rather than raw code — may be expanding well beyond individual developers into large organizations.