"As of late April, a full year since its launch, Q Developer's projected annual recurring revenue was $16.3 million, according to an internal document obtained by BI. The forecast was based on roughly $317,000 in weekly revenue and $1.25 million over the trailing 4-week period. ARR is a common industry metric that extrapolates weekly or monthly revenue streams into an annualized figure."
"Q Developer's growth might have stood out in earlier years, but it looks modest in today's rapidly accelerating AI industry, according to Jason Lemkin, managing director of SaaStr Fund. For instance, Anysphere's Cursor coding tool crossed $500 million in ARR in June after reaching $100 million earlier this year. Another popular AI coding assistant Windsurf reported $82 million in ARR in July, less than a year into its launch."
As of late April, a full year after launch, Q Developer's projected annual recurring revenue was $16.3 million, based on roughly $317,000 in weekly revenue and $1.25 million over the trailing four-week period. That ARR level appears modest relative to rapidly growing AI coding tools. Competitors include Anysphere's Cursor, which crossed $500 million in ARR in June after reaching $100 million earlier this year; Windsurf at $82 million in ARR in July; and startups Gamma and Higgsfield hitting $50 million in ARR within a year. Industry observers describe Q Developer's growth as comparatively slower while Amazon reports a ninefold increase in daily per-person usage and lists customers including ADP, Deloitte, and Japan Research Institute. Amazon plans to refine Q branding as internal demand grows for external tools like Cursor.
Read at Business Insider
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