Gusto hits $1B revenue, a figure that brings it closer to public markets

Image for article Gusto hits $1B revenue, a figure that brings it closer to public markets
News Source : TechCrunch

News Summary

  • Small-business payroll provider Gusto just announced that it surpassed $1 billion in revenue.
  • Gusto was last valued at $9.3 billion, when it launched a $200 million tender offer for its employees in June 2025.
  • The 14-year-old company has been cash flow positive for several years.
  • Its revenue growth has also accelerated in each of the last five quarters, Gusto CEO and co-founder Josh Reeves told TechCrunch.
  • But a public debut appears iffy in 2026 while the IPO market still remains so frosty.
While AI disruption looms over many legacy SaaS companies, several HR tech startups seem to be thriving.One of these companies is smallbusiness payroll provider Gusto. The 14yearold company, las [+2617 chars]

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