Lovable reports $600 million annual revenue run rate
By Automate Basics, written with AI from TechCrunch's original
Lovable says its annual revenue run rate has passed $600 million, up from around $500 million in June. The company also reports wider use at large businesses, though it has not announced a new product feature.
What changed
Lovable's co-founder Fabian Hedin said the company's annual revenue run rate has passed $600 million, according to TechCrunch. Lovable had put the figure at around $500 million in June. A run rate describes revenue at its current pace, not the amount earned over a completed year.
Hedin also said people at two-thirds of Fortune 500 companies use Lovable. That describes use by people within those companies, not adoption across each company. He said apps made with Lovable collectively receive nearly a billion visits each month. These are measures of business growth and use, rather than an announcement of a new feature.
Who can use Lovable, and what does it cost?
Lovable is an app-building platform that Hedin described as producing a usable product rather than only code. He said the company also handles hosting, deployment and scaling for apps made on the platform. For a team weighing tools to build an app, that distinction matters because the work does not necessarily end when code is generated.
TechCrunch's report does not say which Lovable plans include those services, what the plans cost or whether availability has changed. The reported use at large companies also says nothing about the terms available to a particular team. Buyers would need current plan and service details before comparing Lovable with another option.
How do I assess Lovable for a work project?
A small, low-risk app idea is a sensible first candidate for evaluating Lovable, particularly if the team wants to judge the finished app rather than just generated code. Before putting real work into it, define what the app must do and who needs to use it. Then check whether the result behaves as expected and whether its design makes the task clear.
Lovable's reported traffic and enterprise use do not establish that a particular app will meet a team's needs. Because Hedin specifically pointed to hosting, deployment and scaling, ask how those services would apply to the planned project. Check the current terms before entering sensitive work information or depending on an app for everyday operations.
Frequently asked questions
Did Lovable launch a new feature?
No new feature is identified in TechCrunch's report. The news is Lovable's reported annual revenue run rate of more than $600 million, alongside claims about use at large companies and visits to apps built on the platform.
Does Lovable's Fortune 500 figure mean those companies use it company-wide?
No. Lovable clarified that its co-founder was referring to people at two-thirds of Fortune 500 companies using the platform. The report does not say how many people use it at each company or whether their employers have adopted it across the business.
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Written with AI from TechCrunch's original and published after automatic checks: every figure here appears in the original, and no sentence is copied from it. The picture is AI-generated. The original is the authority.
Source: Lovable’s annualized revenue crosses $600M as vibe coding takes off, TechCrunch, 24 Sept 2026.