Armis Cybersecurity Firm Reaches $300M in Annual Revenue, Aims for 2026 IPO

Cybersecurity firm Armis has reached $300 million in annual recurring revenue, driven by growing demand for cybersecurity platforms. The company plans to go public in 2026, with CEO Yevgeny Dibrov discussing its growth and strategy on Bloomberg Tech.

Cybersecurity startup Armis has achieved significant growth, reaching $300 million in annual recurring revenue (ARR) as of July 2025. This milestone marks a substantial increase from its previous ARR of $200 million reported in August 2024. The company's CEO, Yevgeny Dibrov, discussed the growth and future plans in an interview with Bloomberg Tech [1].

Armis specializes in identifying, tracking, and protecting devices against cybersecurity threats. Its technology is employed across various industries, including medical, financial services, and defense. The company's rapid growth is attributed to the increasing number of devices that organizations need to secure from escalating cyber threats [1].

Despite the impressive revenue figures, Armis is not in a hurry to go public. CEO Dibrov stated that the company is assessing the right time for an initial public offering (IPO) to maximize the value for shareholders and employees. The IPO is expected to take place in 2026 [1].

The cybersecurity sector has seen considerable growth due to the increasing frequency and severity of cyber threats. Companies are investing heavily in security solutions to protect their assets and maintain customer trust. Armis's success underscores the growing demand for robust cybersecurity platforms.

In addition to its revenue growth, Armis recently closed an employee tender that valued the company at approximately $4.5 billion. The tender, which involved Georgian and G Squared, further highlights the company's strong financial position and potential for future growth [1].

The successful IPO of design software firm Figma Inc. has reignited interest in the IPO market. Figma's debut, which saw a 250% rally on its first trading day, was the largest first-day pop for a US-traded company raising more than $1 billion in at least three decades. This has sparked optimism about the potential for other companies, like Armis, to follow suit [1].

Armis's journey from a startup to a major player in the cybersecurity industry is a testament to the company's innovative technology and strategic growth. As it continues to assess the optimal timing for its IPO, investors and financial professionals will be closely watching this promising cybersecurity firm.

References:
[1] https://news.bloomberglaw.com/capital-markets/cyber-firm-armis-hits-300-million-in-annual-revenue-on-ipo-path?utm_campaign=00000198-748e-de2d-a7bb-7c8fa52f0001&utm_medium=CMNW&utm_source=rss