1Password Surpasses $500 Million in Revenue as AI Agents Drive Growth

1Password passed $500M in ARR from $400M in November 2025, with net new ARR up 90% year over year in Q3, and its CEO says the agent found standing credentials in every incident. 1Password for Agents launches Thursday so personal agents can use credentials without seeing or storing them. After the PHP2Shell race, that control looks like a necessity. Short-lived, platform-issued credentials could eventually shrink the vault market itself.