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1Password: Business Overview, Financials & Competitive Analysis

1Password is a leader in identity security, surpassing $400 million in annual recurring revenue (ARR) while remaining free cash-flow positive (November 2025). The company serves 180,000 business customers, including m...

Analyst-debate audio for 1Password

AskCyborg analysts argue the bull and bear cases for 1Password across 11 stress-tested dimensions. Listen on your commute -- faster than reading the 30-page report.

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What's in This Report
1Password OverviewStrategic ProfileCompetitive LandscapeIndustry ContextKey facts
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9/ 10Exceptional

Cyborg Score thesis

Market-leading identity security platform with exceptional growth, fortress-like unit economics, and strategic positioning in...

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Industry Cybersecurity / Identity & Access Management
5 named competitors
3 recent developments
11 analyst dimensions
Synthesized from analyst-debate stress-testing across 11 dimensions and hundreds of data points. Methodology →
Cyborg Score recalibrated: July 13, 2026
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1Password Overview

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1Password is a leader in identity security, surpassing $400 million in annual recurring revenue (ARR) while remaining free cash-flow positive (November 2025). The company serves 180,000 business customers, including more than 30% of the Fortune 100 and over two-thirds of the Forbes AI 50. 1Password provides encrypted credential storage and access management solutions for individuals and enterprises.

Strategic Profile

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More than 75% of the company's revenue now comes from businesses, as organizations adopt 1Password to unify identity, access, and governance across SaaS, devices, and AI agents. 1Password's Agentic AI capabilities extend identity security to AI agents and other non-human identities. The CEO told CNBC that 1Password is weighing a possible IPO in 2026 or 2027.

Competitive Landscape

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1Password competes directly with other password management systems that serve both businesses and consumers like LastPass, Dashlane and Bitwarden. 1Password also competes with companies like Apple and Google that bundle free password management services (iCloud Keychain and Google Password Manager respectively) into their OSes and web browsers.

Industry Context

1Password operates in Cybersecurity / Identity & Access Management.

Key facts

Founded: 2005 · Headquarters: Toronto, Canada · Employees: 2,929 · Revenue: $400M ARR (October 2025) · Market cap: $6.8B

What the analysts stress-tested

The top findings that survived the multi-agent debate for 1Password.

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Recent developments

Material events tracked by the AskCyborg corpus.

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Named competitors

Pulled from the analyst-debate framework. Click any competitor to see their Cyborg Score.

LastPassPassword manager for businesses and consumers→DashlanePassword management with both paid and freemium tiers→BitwardenOpen-source password manager for business and personal use→iCloud KeychainBuilt-in password management for Apple devices→Google Password ManagerIntegrated password management for Google ecosystem→

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Industry context

1Password operates in Cybersecurity / Identity & Access Management. See how the rest of the sector scores on the Cyborg framework.

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Frequently asked questions

What does 1Password do?+
1Password is a leader in identity security, surpassing $400 million in annual recurring revenue (ARR) while remaining free cash-flow positive (November 2025). The company serves 180,000 business customers, including m...
What is 1Password's Cyborg Score?+
1Password has a Cyborg Score of 9/10 (Exceptional). The score synthesizes business model, financials, leadership, competitive position, technology, marketing, and ESG dimensions across hundreds of data points.
Who are 1Password's main competitors?+
Named competitors include LastPass, Dashlane, Bitwarden, iCloud Keychain. The full competitive landscape is in the AskCyborg report.
How can I get the full 1Password research report?+
Get the report plus analyst-debate audio at askcyborg.com -- no credit card required for preview access. Pro adds saved-company audio playlists and monitoring.
How current is the 1Password research?+
The Cyborg Score is recalibrated weekly. Recent developments are tracked continuously and surfaced in every report.

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