Lovable says annual run‑rate revenue has passed $600 million
The company said the figure is up from $500 million in June, and that apps built on its platform draw close to a billion views a month.
Lovable said its annual run-rate revenue has crossed $600 million, up from $500 million in June. It said apps built on its platform draw close to a billion views a month. The company sells tools that build working software from prompts.
Co-founder Fabian Hedin gave the figures to TechCrunch, which reported them on Thursday. Hedin said two-thirds of the Fortune 500 use the product, naming Microsoft, Nvidia and Deutsche Telekom among them. Lovable published no audited accounts alongside the figures, which are its own.
Lovable has raised $700 million across two rounds in eight months. It took $300 million at a $6.6 billion valuation in December 2025, and $400 million at $13.3 billion in August, according to TechCrunch.
Hedin drew the distinction with rivals at hosting rather than code generation. "The output is a product, and increasingly so, a business," he said. "We do a lot of things around hosting, deployment, and scaling apps."
Run-rate revenue annualises a recent period, so it may not match what Lovable books over a full year. TechCrunch is so far the only outlet to report the $600 million figure.