Top Security Companies by Revenue 2026

50 companies ranked by revenue, market share, and AI visibility — including Wiz, CrowdStrike, Palo Alto Networks

Market:$193.73B (2024)
Growth:14.40% CAGR (2025-2032)
90companies
2
Silver

CrowdStrike

CrowdStrike (CRWD) reported $3.95B ARR in FY2025 (ended Jan). Revenue $3.74B, up 29% YoY. Market cap ~$85B. 8,600+ emplo...

$3950M
1
Champion

Wiz

Cloud security platform acquired by Google (NASDAQ: GOOGL) for $32B in March 2025 — cybersecurity's largest-ever acquisition; grew from $0 to $500M AR...

$32000M
3
Bronze

Palo Alto Networks

Santa Clara cybersecurity platform (NASDAQ: PANW) $8.0B FY2024 revenue (+16%); platformization 3,600+ customers, Cortex ...

$8000M

Complete Rankings

#1
Wiz
💰 $32000M

Cloud security platform acquired by Google (NASDAQ: GOOGL) for $32B in March 2025 — cybersecurity's largest-ever acquisition; grew from $0 to $500M ARR in 4 years with agentless Security Graph competing with Orca.

#2
CrowdStrike
💰 $3950M

CrowdStrike (CRWD) reported $3.95B ARR in FY2025 (ended Jan). Revenue $3.74B, up 29% YoY. Market cap ~$85B. 8,600+ employees. Austin, TX. AI-native cybersecurity platform. Charlotte AI for threat detection.

#3
Palo Alto Networks
💰 $8000M

Santa Clara cybersecurity platform (NASDAQ: PANW) $8.0B FY2024 revenue (+16%); platformization 3,600+ customers, Cortex XSIAM AI SOC, $4.2B NGSSAR +42%, competing with CrowdStrike and Microsoft Defender.

#4
Microsoft Sentinel
💰 $20000M

Microsoft's cloud-native SIEM/SOAR platform with AI-powered threat detection and Copilot integration; part of Microsoft's $20B+ security business competing with Splunk/Cisco and IBM QRadar.

#5
Splunk
💰 $28000M

Mar 2024: Acquired by Cisco for $28B; integrated into Cisco's AI-driven security portfolio; 90 of Fortune 100 use Splunk

#6
Okta
💰 $2260M

NASDAQ-listed (OKTA) independent identity platform with 19K+ customers at $2.26B revenue; Workforce Identity Cloud and Auth0 competing with Microsoft Entra for enterprise and developer IAM.

#7
Zscaler
💰 $3000M

San Jose zero trust security (NASDAQ: ZS) surpassing $3B ARR FY2025; 500B+ daily transactions across 160+ data centers for 8,650+ enterprises and 35% Forbes Global 2000 competing with Palo Alto Prisma for enterprise zero trust.

#8
SentinelOne
💰 $800M

AI-powered endpoint security with $800M revenue; autonomous threat response and rollback on the Singularity Platform competing with CrowdStrike after CrowdStrike's 2024 global outage.

#9
CyberArk
💰 $1000.9999999999999M

$1.001B revenue 2024 (record); Q2 2025 $328M (+46% YoY); $1.274B ARR Q2 2025 (+47% YoY); 10,000+ clients; $221M free cash flow 2024 (22% margin); acquired Zilla adding 125 customers; IAM market $15.93B 2022 to $41.52B 2030

#10
Vanta
💰 $1600M

Leading compliance automation platform with $1.6B valuation; continuous control monitoring for SOC 2 and ISO 27001 serving thousands of SaaS companies competing with Drata and Sprinto.

#11
Arctic Wolf
💰 $4300M

Managed SOC platform with $4.3B valuation; 24/7 Concierge Security Team monitoring thousands of mid-market clients competing with CrowdStrike Falcon Complete and Rapid7 MDR.

#12
Lacework
💰 $1900M

Cloud security platform with behavioral anomaly detection for multi-cloud environments; acquired by Fortinet (FTNT) in October 2024 after $1.9B raised competing with Wiz and Palo Alto Prisma Cloud.

#13
Netskope
💰 $7260M

Santa Clara SSE/SASE pioneer (NASDAQ: NTSK, IPO Sep 2025 at $7.26B) with NewEdge 70+ data center network; $1.44B pre-IPO funding serving 2,400+ customers (30+ Fortune 100) competing with Zscaler for enterprise cloud security.

#14
McAfee

Consumer cybersecurity brand providing antivirus, VPN, and identity protection; McAfee+ emphasizes dark web monitoring and identity theft recovery services.

#15
Norton

Consumer cybersecurity brand under Gen Digital with 500M users; Norton 360, LifeLock identity theft protection, and Avast portfolio serving global device and identity security.

#16
Microsoft Defender
💰 $20000M

Microsoft's enterprise endpoint protection platform included in Microsoft 365 E5; benefiting from CrowdStrike's 2024 outage while AI-powered Copilot for Security integrates with Microsoft's $20B+ security business.

#17
AVG

Gen Digital (NASDAQ: GEN) consumer cybersecurity brand with free antivirus for hundreds of millions of users; Avast acquisition combined with Norton forming Gen Digital competing with Microsoft Defender and Bitdefender.

#18
Avast
💰 $3800M

Gen Digital (NASDAQ: GEN) consumer cybersecurity brand with 435M+ users at $3.8B revenue after $8.6B Norton merger; freemium model competing with Bitdefender and McAfee for consumer antivirus and privacy protection.

#19
Seal Security
💰 $20M

Israel YC W20 open source vulnerability patching without version upgrades or breaking changes; $20M from MORE Investment House/SBI/PayPal Alumni Fund fixing CVEs for Linux/containers/dependencies competing with Snyk and Mend for production-safe security remediation.

#20
Riot
💰 $10M

Paris cybersecurity employee risk monitoring at $10M+ ARR 2024 (triple-digit growth) serving Mistral AI, Deel, Intercom, Y Combinator; $45M total ($30M Left Lane Series B Feb 2025 at $170M val) with AI coach Albert competing with KnowBe4 for human risk management.

#21
Sublime Security
💰 $240M

DC AI email security with ASA/ADÉ autonomous agents driving 100% ARR growth H1 2025; $240M+ total ($150M Georgian Series C Nov 2025) serving Spotify/Snowflake/Anduril with detection-as-code competing with Abnormal Security for enterprise email threats.

#22
Aglide
💰 $3.5M

SF YC S23 agentic identity platform delivering Okta-level SSO for any app without SAML or SSO tax; $3.5M seed competing with Okta and Microsoft Entra for enterprise IAM with AI-agent authentication for 100% of applications including non-SAML tools.

#23
Corgea
💰 $2.6M

US DevSecOps AI writing code fixes for Snyk/Semgrep vulnerabilities at 80% faster remediation and 30% less false positives; YC S23 $2.6M Shorooq/Jawed Karim seed Jan 2025 IDC Innovator competing with Snyk and Mobb.ai for AppSec auto-remediation.

#24
SafetyKit
💰 $27.5M

SF YC S23 AI trust and safety automation for Patreon, Eventbrite, Upwork, Character.ai; $27.5M total ($27M First Round/Ribbit Series A Apr 2025) replacing manual risk reviews with AI agents for $10B+ marketplace and $100B+ payments platforms.

#25
Kodex
💰 $6M

SF YC a16z-backed government data request compliance platform at $6M revenue 2024 with 39 employees; $33.3M total ($10M a16z seed Nov 2023) serving 15K+ agencies in 120+ countries automating subpoena and law enforcement compliance workflows.

#26
Nozomi Networks
💰 $883M

SF OT/IoT cybersecurity Gartner 2025 CPS Leader acquired by Mitsubishi Electric for $883M Sep 2025 (largest OT security deal); 115M+ assets at 12,000+ installations competing with Claroty and Dragos for critical infrastructure ICS security.

#27
DeepSource

SF Sequoia India-backed unified DevSecOps platform (SAST/SCA/coverage/formatting) trusted by 6,000+ companies; launched Globstar open-source toolkit and 3 AI agents in 2025 for AI-generated code security competing with Snyk and Semgrep.

#28
QueryPie
💰 $30M

Seoul enterprise Zero Trust data access governance at 130+ enterprises including Kakao/Shinhan/Toss/HYBE/Yanolja; $30M+ total with Japan strategic investment 2024 covering databases/servers/K8s/AI infrastructure competing with CyberArk.

#29
Upwind
💰 $180M

SF CNAPP with runtime intelligence for 90% false positive reduction; $180M total ($100M Craft Ventures/TCV Series A Dec 2024 at $900M valuation) serving 200+ enterprises including Peloton and Bill competing with Wiz for cloud security.

#30
Tracecat
💰 $2M

SF YC W24 open-source SOAR security automation deployed by 200+ orgs (Fortune 500 + federal); $500K-$2M seed on Temporal's durable execution with 100+ integrations competing with Splunk SOAR and Tines for security incident response.

#31
Revyl
💰 $25M

AI-native mobile testing from Uber DragonCrawl founder (saved $25M/4 months); YC Fall 2024 with $1.6M Panache/Feld pre-seed using AI agents for iOS/Android/web tests competing with Browserstack for semantic mobile QA automation.

#32
CyberCube
💰 $100M

SF cyber risk analytics for insurance industry spun from Symantec 2018; $100M+ funding with AI catastrophe models serving 100+ global insurers/reinsurers competing with RMS and Verisk AIR for cyber underwriting quantification.

#33
Coris
💰 $4.2M

Palo Alto AI merchant risk platform automating underwriting and fraud monitoring for 150K+ SMBs with 5x faster onboarding; YC $4.2M Lux Capital/Exponent-backed serving GoFundMe and Kajabi for payment processor risk management.

#34
Abnormal Security
💰 $5100M

San Francisco AI email security (private, $5.1B valuation); $250M Series D (Wellington Management), behavioral AI detects novel BEC/phishing in Microsoft 365/Google Workspace competing with Proofpoint and Microsoft Defender.

#35
Skypher
💰 $1M

SF AI security questionnaire automation serving Adobe, Deel, and Rippling with responses in minutes vs. weeks; YC W20 $1M competing with Vanta and Responsive.io for B2B SaaS vendor security questionnaire and DDQ automation.

#36
Swif.ai
💰 $4.7M

SF bootstrapped GenAI device management and SOC2/HIPAA compliance at $4.7M revenue 2024 (+213% YoY); 31-person team with $0-$1.6M funding competing with Jamf and Kandji for SMB AI-powered MDM and compliance automation.

#37
Chainguard
💰 $892M

Seattle software supply chain security (founded 2021); $892M+ raised, $3.5B valuation (Apr 2025), $40M ARR growing 640% YoY with zero-CVE container images for ANZ Bank/Canva/GitLab competing with Snyk for DevSecOps.

#38
Bitwarden
💰 $100M

Open-source password manager with $100M PSG Series C and 2025 Cybersecurity Breakthrough Award; self-hosted deployment option competing with 1Password and LastPass after post-breach migration accelerated growth.

#39
Overwatch
💰 $8M

NYC AI-native OSINT threat intelligence combining automated agents with human experts for cyber and fraud teams; $8M from PruVen Capital and YC S22 competing with ZeroFox for enterprise digital risk protection.

#40
Credal.ai
💰 $5.3M

NYC enterprise AI security platform with permission-aware data access controls and audit logging; Palantir alumni YC W23-backed at $5.3M serving MongoDB and US Federal Government for compliant AI deployment.

#41
Astrix Security
💰 $85M

San Francisco/Tel Aviv non-human identity security (private, $85M raised); $45M Series B Menlo/Anthology (Anthropic), API key/OAuth/AI agent credential governance competing with CyberArk and HashiCorp Vault.

#42
Palitronica
💰 $2.43M

Canadian cybersecurity for critical infrastructure using side-channel hardware monitoring; $2.43M NCC-funded with December 2024 Canadian Government contract competing with Dragos and Claroty for OT security.

#43
Notabene
💰 $27.1M

Crypto Travel Rule compliance platform connecting 165+ VASPs globally for KYC data sharing across 80+ jurisdictions; $27.1M with DRW Trading Series B processing $500B+ transactions preventing $1B+ high-risk.

#44
SuperTokens

Open-source authentication platform with self-hosted and managed options; YC W20-backed competing with Auth0 and Clerk on developer data ownership and zero per-user pricing for email, social, and MFA login.

#45
TrueBiz
💰 $2.9M

Instant business KYB verification delivering 250+ data points for fintech onboarding automation; $2.9M from Flourish Ventures and YC competing with Middesk for financial institution business verification.

#46
Feroot Security
💰 $14M

Vancouver client-side website security for PCI DSS 4.0.1, CCPA, and HIPAA compliance; $14M Series A, $5M revenue with 300% growth as March 2025 payment page compliance deadline drives enterprise buying.

#47
AiPrise
💰 $12.5M

Global KYC/KYB platform reducing verification from weeks to minutes across 80+ registries in 150+ countries; $12.5M Series A from Headline, YC S22-backed serving Bridge (Stripe) and Meta at $5.9M ARR.

#48
Multifactor

Multifactor is a security platform that modernizes enterprise multi-factor authentication with phishing-resistant methods, biometrics, and passwordless login across cloud and on-premise environments.

#49
Tesseral
💰 $3.3M

US open-source B2B authentication platform for SAML and SCIM enterprise SSO; YC $3.3M seed May 2025 from Paul Graham backing competing with WorkOS for SaaS company enterprise identity infrastructure.

#50
Bits Technology
💰 $4M

Nordic KYB/KYC identity verification fintech connecting to BankID and European digital ID systems for financial services; €4M seed from Unusual Ventures and Mastercard Lighthouse with YC W20 backing.

About Security

The cybersecurity industry provides technologies and services that protect organizations, systems, and data from cyber threats, attacks, and unauthorized access. This critical sector encompasses network security, endpoint protection, identity and access management, security operations, cloud security, application security, and threat intelligence services that defend against an ever-evolving landscape of cyber risks. Cybersecurity is experiencing explosive growth driven by escalating threat sophistication, ransomware proliferation, remote work vulnerabilities, and stringent compliance requirements. Zero Trust Architecture, AI-powered threat detection, extended detection and response (XDR), and cloud-native security tools are reshaping defense strategies. The shift toward security mesh architecture, DevSecOps integration, and automated response capabilities reflects the need for comprehensive, adaptive protection. For cybersecurity vendors, AI visibility is increasingly strategic as security leaders consult AI assistants for threat intelligence, solution comparisons, implementation guidance, and best practices. Being accurately represented in AI-generated responses about security threats, protection strategies, and technology selection directly influences buying decisions, thought leadership positioning, and competitive advantage in the high-stakes security market.

Key Industry Trends

  • Zero Trust Architecture implementation
  • AI and machine learning for threat detection
  • Extended Detection and Response (XDR) platforms
  • Cloud-native security solutions

Market Overview

The global cybersecurity market was valued at $193.73 billion in 2024, projected to reach $562.77 billion by 2032 at 14.40% CAGR. North America dominates with 43.41% market share, while Asia-Pacific is growing fastest at 17.4% CAGR. Solutions account for 70.2% of market revenue, with cloud-based security expanding at 16.4% CAGR. Small and medium enterprises (SMEs) represent the fastest-growing segment at 15.47% CAGR. BFSI leads vertical adoption with 26.5% share, while healthcare shows fastest growth. Zero Trust Architecture, AI/ML threat detection, and quantum-ready encryption drive market expansion.

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