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Annual recurring revenue from AI Copilots and code editors

November 2024

Given the hype around AI Copilots and startups forking VS Code to add their AI Copilots and Agents, I thought it would be interesting to look at the some revenue data for code editors and AI Copilots.

Estimated 2024 revenue per November 2024

JetBrains:              $593M
GitHub Copilot:         $400M
Cursor:                 $65M
Bolt:                   $20M
Codeium:                $10M
VS Code:                $0
Sublime Text:           ?
Zed:                    ?
v0:                     ?

Historic revenue ($USD)

|                | 2020   | 2021   | 2022   | 2023   | 2024     |
|----------------|--------|--------|--------|--------|----------|
| JetBrains      | $384M  | $480M  | $532M  | $562M  | $593M    |
| GitHub Copilot |        |        |        | $115M  | $400M    |
| Cursor         |        |        |        | $1M    | $65M     |
| Bolt.new       |        |        |        | $0M    | $20M [2] |
| Codeium        |        |        |        | $0M    | $10M     |
| Sublime Text   |        |        |        |        | $6M [1]  |
| Zed            |        |        |        |        |          |
| v0 by Vercel   |        |        |        |        |          |

Note on sources and data accuracy

Most of this data comes from Sacra [0] with a few additional sources. The data may be incomplete or inaccurate, so if you read this and have better sources, please let me know, so I can update this.

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