Canva Hits $4B in Revenue, Eyes IPO Within Two Years
Canva closed 2025 with $4B ARR, 265M+ monthly users, and signals a public listing is coming soon.
Canva just dropped some massive numbers. The design platform ended 2025 pulling in $4 billion in annual recurring revenue, with over 265 million monthly active users and more than 31 million paying customers.
That's a 20% jump in MAUs year-over-year — growth the company attributes partly to its AI tools gaining traction.
COO Cliff Obrecht says an IPO is on the horizon within the next "couple of years." No specific timeline, no ticker symbol yet — just the clearest signal Canva has given that it's headed for the public markets.
For a company that started as a simple drag-and-drop design tool, $4B ARR puts Canva in rare SaaS territory. The paid user count — 31 million out of 265 million — shows the freemium engine is converting at scale. Wall Street will be watching closely.