Key takeaways
Perplexity has approximately 45 million monthly active users, more than double the 22 million it had at the start of 2025, and around 170–179 million monthly website visitors.
Perplexity now processes over 1 billion monthly search queries, up from 780 million reported by CEO Aravind Srinivas in mid-2025 and just 3,000 queries a day at its 2022 launch.
Growth and market share are moving in opposite directions. Users, queries, and revenue are all up — but Perplexity's share of AI chatbot traffic has slid on almost every measure, most sharply on US mobile, where its daily-active-user share reportedly collapsed from 6% to 2% in five months.
Valuation reached $22.6 billion after a January 2026 Series E-6 round, on roughly $450–500 million in annualized revenue — a 35–50x revenue multiple, down from over 100x at the time of its September 2025 raise.
Perplexity is betting on distribution beyond chat: Comet browser has 3 million+ monthly active users, it powers Bixby on Samsung's Galaxy S26 as the first non-Google OS-level assistant deal, and its Shopping feature helped drive a 693% jump in AI-referred US retail traffic over the 2025 holiday season (Adobe Analytics).
Revenue nearly quadrupled in a year — from $100M ARR (March 2025) to $200M (September 2025) to $450M (March 2026) — while the company also fights active copyright lawsuits from News Corp and Encyclopaedia Britannica over how it sources content.
CEO Aravind Srinivas told CNBC on June 9, 2026 that Perplexity will IPO in 2028 "regardless of what happens to Anthropic or OpenAI" — a notably fixed timeline given both rivals are already racing toward public or near-public valuations north of $850 billion.
Perplexity positions itself as an AI-first answer engine rather than a general chatbot, competing most directly with Google AI Overviews and ChatGPT for research-heavy, citation-heavy queries. It's also the product most brands ask us about after ChatGPT, since ranking in Perplexity depends heavily on which sources it decides to cite. The June 2026 numbers show a company growing in absolute terms — more users, more queries, more revenue — while steadily losing relative ground to Gemini and Claude, which is pushing Perplexity to diversify into a browser, an assistant layer, and an ads business rather than compete on chat alone.
Here is a full breakdown of the numbers as of June 2026.
How many people use Perplexity?
Perplexity has approximately 45 million monthly active users, more than doubling from 22 million at the start of 2025. The platform draws roughly 170–179 million monthly website visitors globally, with an estimated 2 million daily active users on the core site.
Query volume has scaled even faster than the user base. Perplexity went from 3,000 queries a day at its 2022 launch to roughly 30 million daily queries by 2025, and now processes over 1 billion monthly search queries as of mid-2026 — up from the 780 million a month CEO Aravind Srinivas disclosed in mid-2025, itself a 20% month-over-month growth rate at the time.
Engagement looks healthy by the metrics Perplexity controls directly: 85–90% of users return within 30 days of their first visit, sessions average 4–12 minutes depending on the measurement source, and Perplexity holds #3 on Cloudflare's daily AI traffic rankings, behind only ChatGPT and Claude. The company also claims 97% citation accuracy on its answers — a self-reported figure worth treating as directional rather than independently audited.
The 45 million figure refers to the core answer engine. A broader estimate from Sacra's April 2026 analysis puts usage at over 100 million monthly active users across all Perplexity products combined — web, Comet browser, mobile apps, and Sonar API-embedded usage. As with similar "all-surfaces" figures reported by other AI companies, this isn't directly comparable to the narrower 45 million core-product number.
How people use Perplexity
Per the most recent available breakdown (based on a Cornell University usage study that remains the best public data as of June 2026), Perplexity usage splits roughly 55% personal, 30% professional, and 15% educational. By topic, Productivity and Workflow queries make up just over a third of all searches — the single largest category, ahead of general research, shopping, and coding.
Subscription plans and pricing
Perplexity's tier structure has expanded well past the original free/Pro split:
Free — no cost, limited daily Pro Searches
Pro — $20/month, unlimited Pro Searches and model switching across GPT-5.4, Claude Sonnet 4.6, Claude Opus 4.8, Gemini 3.1 Pro, and Perplexity's own Sonar models
Max — $200/month, adds Perplexity Computer (a multi-model orchestration/agentic tool) and higher usage limits for power users
Enterprise Pro — $40/seat/month, built for teams needing collaboration, security, and admin controls
Enterprise Max — $325/seat/month, for research-intensive organizations wanting maximum model performance
Perplexity's audience skews toward high-value users even on the free tier: per WARC-cited research, roughly 80% of its audience are college graduates, 30% are senior company leaders, and 65% are high-income white-collar professionals — a demographic profile that shaped the company's decision to launch advertising rather than rely solely on subscriptions.
Revenue and valuation
Perplexity's funding trajectory has been one of the steepest in the AI industry: a $3.1 million seed round in 2022 grew into a $150 million valuation by March 2023, $1 billion by March 2024, $9 billion by December 2024, $18 billion by mid-2025, and $22.6 billion following a January 2026 Series E-6 round that reportedly included an undisclosed angel check from Cristiano Ronaldo.
Revenue has scaled in step with the funding rounds:
Date | Annualized recurring revenue |
|---|---|
March 2025 | $100 million |
September 2025 | $200 million |
March 2026 | $450 million |
Against the $22.6 billion valuation, that ~$450–500 million ARR implies a 35–50x revenue multiple, down sharply from the 100x+ implied by its September 2025 round. That compression is typical of the broader 2026 AI market: investors are still paying a premium for growth, just a smaller one than a year ago.
Despite both larger rivals racing toward IPOs or near-$1-trillion private valuations, Perplexity CEO Aravind Srinivas told CNBC on June 9, 2026 that the company still plans to go public in 2028 — a fixed timeline he said would hold "regardless of what happens to Anthropic or OpenAI," adding that the SpaceX IPO would be "a leading indicator" for how the market receives Anthropic's and OpenAI's own expected listings.
Company and team
Perplexity's headcount has grown roughly 4x since 2023, though estimates vary by source and methodology: workforce-analytics firm Revelio Labs puts it at 964 employees as of Q1 2026, up from 250 in 2023, while other trackers (LeadIQ) estimate closer to 1,500 employees by May 2026 across six continents. Finance/operations and engineering are the largest functions by headcount, and Serbia is currently its fastest-growing location, up 55.6% year over year.
Beyond chat: Comet, Samsung, and advertising
With chatbot market share getting harder to defend, Perplexity's most consequential 2026 moves have been about distribution rather than the core answer engine:
Comet, Perplexity's AI browser, went free globally on October 2, 2025 and reached over 3 million monthly active users in Q1 2026. Its iOS app hit #3 on the US App Store within 48 hours of launching on March 18, 2026. Head-to-head user testing generally rates Comet's agent mode as faster than ChatGPT's Atlas browser, with the two (plus The Browser Company's Dia) now treated as the three main entrants in the emerging "AI browser" category.
Perplexity became the first non-Google company to get OS-level assistant access on a Samsung flagship: its API now powers Bixby's real-time answers on the Galaxy S26, and users can set the Perplexity Assistant as their phone's default digital assistant.
Perplexity Shopping lets users complete purchases without leaving the platform via "Buy with Pro" one-click checkout — free for merchants (no commission, no listing fees) and free shipping for Pro subscribers, funded by Perplexity. Shopping-related queries grew 5x within months of launch, and Adobe Analytics found AI-driven shopping traffic to US retail sites grew 693% during the 2025 holiday season. Merchants report Perplexity-referred shoppers convert at a roughly 57% higher average order value than other AI-platform referral traffic.
Perplexity launched an advertising and publisher revenue-share program, paying media companies out of a $42.5 million pool when their articles are used to answer queries. The Publisher Program has grown to 2,400+ participating publishers, including CNN, Condé Nast, Fortune, The Washington Post, and Le Monde. A subscription news product, Comet Plus, is rolling out more broadly in fall 2026 with an 80/20 revenue split favoring publishers.
Sonar, Perplexity's developer API for real-time web search and citation, launched in early 2025 and is priced around $1 per million tokens for both input and output — positioning it as an infrastructure play for other companies wanting to add live, cited search to their own products.
Legal challenges
Perplexity's content-sourcing model has drawn multiple copyright lawsuits. News Corp's Dow Jones and New York Post sued in October 2024 over alleged misuse of their articles. Encyclopaedia Britannica and Merriam-Webster followed in September 2025, alleging Perplexity scraped and reproduced their content — often verbatim — without permission, seeking damages and an injunction. The Britannica case remains active, with a court conference held as recently as June 1, 2026.
Who uses Perplexity? Demographics
Perplexity's user base skews young, educated, and slightly male.
Age group | Share of users |
|---|---|
18–24 | 17.83% |
25–34 | 29.46% |
35–44 | 20.2% |
45–54 | 15.66% |
55–64 | 10.65% |
65+ | 6.2% |
Source: DemandSage / Similarweb, 2026.
By gender, 60.19% of Perplexity's visitors are male and 39.81% are female — a narrower gap than many emerging AI products. Among Gen Z specifically, surveys put Perplexity ahead of Gemini and Claude as the #1 trusted AI tool for research.
Where are Perplexity's users?
Country | Share of Perplexity traffic |
|---|---|
United States | 20.09% |
India | 11.01% |
Germany | 5.36% |
Russia | 4.65% |
France | 4.25% |
Others | 54.64% |
Source: DemandSage / Similarweb, 2026. Other trackers show similar rankings with India closer to the US (some put India at 19–23% and the US at 15–18%), reflecting normal variance between third-party panels rather than a real shift in Perplexity's geography.
How Perplexity compares to the competition
Perplexity's competitive position depends heavily on which traffic measure you use — and the three most-cited ones tell noticeably different stories.
Statcounter: chatbot referral share (relatively stable)
Statcounter tracks how often each chatbot refers clicks out to other websites. On this measure, Perplexity's steep early slide has leveled off:
Period | Perplexity referral share |
|---|---|
April 2025 (peak) | 12.07% |
January 2026 | 7.87% |
March 2026 | 7.07% |
April 2026 | 7.73% |
Source: Statcounter Global Stats, April 2026. Perplexity fell more than 40% from its April 2025 peak but has held roughly steady in the high-single-digits since the start of 2026 — still comfortably ahead of Claude and Microsoft Copilot on this measure, and in a close race with Google Gemini for second place behind ChatGPT.
Similarweb: worldwide web-visit share (gradual decline)
Platform | Feb 2025 | May 2026 |
|---|---|---|
ChatGPT | 76.5% | 53.9% |
Google Gemini | 5.6% | 27.9% |
Claude | 1.4% | 9.2% |
DeepSeek | 12.1% | 4.1% |
Perplexity | 2.2% | 1.3% |
Source: Similarweb data via Momentic, June 2026. On raw web-visit share, Perplexity has been squeezed from both directions: it never had Gemini or Claude's scale, and even DeepSeek — despite its own steep decline — still generates more direct traffic worldwide.
Apptopia: US mobile app share (the sharpest decline)
The starkest number comes from mobile. Apptopia's US daily-active-user share data, cited widely in June 2026 roundups, shows Perplexity's app engagement collapsing from roughly 6% in October 2025 to about 2% in March 2026 — a 65% drop in five months, even as Gemini and Claude gained share over the same window.
The takeaway: Perplexity's absolute numbers (users, queries, revenue) are all still growing, but on every relative measure of market share, it's losing ground faster than any other major AI platform except DeepSeek and Copilot — which is precisely why the company is pushing so hard into Comet, OS-level assistant deals, and advertising rather than relying on chatbot share alone.
Sources
AI Business Weekly — Perplexity AI Statistics 2026 (June 2026 update)
PM Insights — Perplexity's IPO plans and 2026 valuation context
CNBC — Perplexity plans IPO in 2028 as Anthropic, OpenAI prepare listings, June 9 2026
The Wall Street Journal — Perplexity's new revenue-share model for publishers
Perplexity — Perplexity APIs power Samsung Galaxy S26 assistant
Statcounter — Google Gemini overtakes Perplexity for #2 chatbot referral source
Momentic — Top AI Chatbots and Assistants by Market Share, June 2026
TechCrunch — Perplexity introduces a shopping feature for Pro users
Tech Times — AI Browser Comparison 2026: Atlas vs. Comet vs. Dia
Reuters — Encyclopedia Britannica sues Perplexity over AI "answer engine"
CourtListener — Encyclopaedia Britannica, Inc. v. Perplexity AI, Inc. docket