Only Midjourney (~$375M) and ElevenLabs ($116M) disclose profit; eight more AI-first firms claim profitability at $10M–$1.2B run rates

Asked:“What are the most profitable ai first companies in 2026. Name founders, inception dates and current mrr”

Ten privately held, AI-first companies reported profitable or cash-flow positive as of 2025–2026, each backed by a distinct independent source. Private AI companies rarely publish audited net income and mostly disclose ARR or annualized run rate, not MRR — so implied monthly revenue here is ARR ÷ 12, spanning about $0.83M to $100M per month. This is an evidence-based shortlist, not a definitive global ranking.

Bar colour carries evidence tier:annual profit disclosedreported profitable, profit undisclosed
Midjourney is the only company with a disclosed profit figure near $375M on ~$700M ARR — a rare public profit number in AI · ai-hub.host
ElevenLabs disclosed $116M annual profit, reaching profitability while scaling to $200M ARR · channelpartners.net
Surge AI is the largest by scale — a bootstrapped $1.2B run rate, "operating profitably from year one," but no profit dollars disclosed · sonnetcode.com
Arcads reached a $15M run rate and profitability roughly two years after its January 2024 founding · shuttergen.com
CompanyFoundersFoundedLatest ARR / run rateImplied MRRProfitability statusDisclosed annual profitRevenue as ofSource

Method: 10 companies, one row each, from independent sources published Feb–Aug 2026. Implied MRR = latest disclosed ARR or annualized run rate ÷ 12; it is an estimate, not reported MRR, and ARR is not accounting revenue or profit. Figures are unaudited management claims or secondary estimates. AfterQuery was cut (revenue only "hundreds of millions"); Cursor was cut (profitability only on a gross-margin basis).

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