The shift from links to answers
Perplexity AI hit $500 million in annualized revenue in April 2026, a 335% increase year-over-year. This follows $1.72 billion in total funding from investors such as SoftBank, Nvidia, and Jeff Bezos. The 335% growth reflects both subscription growth and new enterprise agentic use cases. While Google dominates the traditional search market, Gartner forecasts a 30% drop in traditional search volume for 2026. Perplexity currently holds a $21.2 billion valuation, up from $18 billion in July 2025, and 45 million active users. I find the 97% citation accuracy better than Google’s AI Overviews for professional research tasks, especially since Perplexity scores 93.9% on SimpleQA benchmarks. Most searches in 2026 end without a click, which erodes the organic traffic model Google built over two decades. Many organizations see productivity gains, like the medical non-profit Inteleos where 88% of teams adopted the tool and saved 20+ minutes per research question. Google remains the better option for local search, maps, and shopping, but Perplexity captures the research market. Perplexity targets $656 million in annualized revenue by the end of 2026.
Enterprise features and security
The Enterprise Pro plan, designed for teams of 5 to 50, costs $40 per seat per month and includes SOC2 Type II compliance. You should confirm these security specifics in a current contract and a current SOC2 report. Perplexity allows teams to upload and index up to 500 files per organization for internal knowledge search. The platform prevents model training on internal data. In early 2026, Perplexity secured FedRAMP access for US government use, which opens doors to federal agencies, defense contractors, and financial institutions. If you manage protected health information, you must sign a Business Associate Agreement to use these enterprise tiers.
| Feature | Enterprise Pro | Enterprise Max |
|---|---|---|
| Monthly Price | $40 per seat | Custom |
| File Upload Limit | 500 files | Higher capacity |
| Compliance | SOC2 Type II | SOC2 Type II |
| Identity | SSO and SCIM | SSO and SCIM |
Perplexity provides more than 400 prebuilt connectors for tools like Salesforce and HubSpot, which allows teams to integrate their existing software stacks into a single research workflow. The platform uses the Carbon acquisition to provide native connections to Google Docs, Notion, and Slack. Both enterprise tiers provide single sign-on and SCIM user provisioning to automate joiner and leaver workflows. Enterprise Max adds custom data retention policies and enhanced audit and retention controls. Admins also restrict sign-ups to verified domains and set usage guidelines.
Agentic workflows and the Computer agent
The February 2026 launch of the Computer agent, available at the $200 per month Max tier, enables the system to navigate the web, fill forms, and execute Python code end to end. The Enterprise Pro plan adds SOC2 compliance and a data privacy guarantee. I find the 500-file limit on Enterprise Pro restrictive for organizations with massive document libraries.
The Computer agent facilitates multi-step research by routing queries across 20 specialized models. It connects to Snowflake. It generates Data Maps to turn natural language into SQL. Enterprise users manage permissions through an admin console. Inside Spaces, the agent creates and edits documents, slides, and sheets for collaborators. The Comet AI browser integrates security controls built with CrowdStrike. For those needing more power than the free tier, the $20 per month Pro tier provides 300+ Pro searches per day and model selection between GPT-4o, Claude 3.7, or Gemini 2.5 Pro. The $20 Pro tier also allows file uploads and image generation. This makes it a more accessible option for individuals than the higher enterprise tiers. Does the autonomous agent handle multi-step workflows without supervision?
