Gong has surpassed $500 million in annual recurring revenue after recording more than 55% year-over-year growth in its latest quarter, marking its 10th consecutive quarter of accelerating growth, the company announced on Tuesday.
The San Francisco- and Ramat Gan-based company, which develops AI tools for sales and revenue teams, attributed the growth to increased enterprise adoption of AI platforms and broader use of its products by large customers.
Over the past two quarters, Gong said it signed more customers with contracts worth over $1 million than in the previous six quarters combined. The company said half of the Fortune 10 companies - including Anthropic, Cisco, Docusign, Google, ADP and Thomson Reuter - now use its platform.
“When we founded the company about a decade ago, we anticipated that the artificial intelligence revolution would be even larger and more significant than the cloud revolution,” said Amit Bendov, Gong’s CEO and co-founder. “Today, as investment in AI has become a strategic priority for companies around the world, our vision has become a reality driving the company’s accelerated growth.”
Gong said customers are increasingly using its platform to consolidate sales tools, improve productivity and automate revenue workflows. The company said 50% of its customers now use more than one Gong product, while use of Gong Assistant has grown by more than 200%.
The company also cited customer data showing productivity and sales improvements among clients, including Anthropic, Uber for Business, Canva and Paycor.
Gong was recently named a leader in Gartner’s Magic Quadrant for Revenue Action Orchestration and included in Fast Company’s 2026 list of the world’s most innovative companies in Applied AI.