Workato Posts 35% ARR Growth as Enterprises Scale AI Agents
Event summary
- Workato reported 35% year-over-year ARR growth and 50% Net New ARR growth for FY26, ending January 31.
- The company now has over 700 customers contributing $100K+ in ARR, with increasing ARR per customer.
- Workato launched its Enterprise MCP platform, transforming workflows into agent-ready skills, and introduced production-ready MCP servers across key business functions.
- Strategic hires include Will Corkery as Chief Revenue Officer and Adam Seligman as CTO and GM for AI Incubation.
The big picture
Workato's record growth reflects a broader shift toward AI-native platforms that integrate agents into core business operations. The company's strategic hires and product innovations underscore its ambition to lead this transformation, but success will depend on maintaining momentum as enterprises demand more sophisticated, governed AI solutions.
What we're watching
- Market Expansion
- Whether Workato can sustain its growth pace as it scales its AI Research Labs and data center footprint globally.
- Product Adoption
- The pace at which enterprises adopt Workato's agentic orchestration platform for core business processes beyond pilot phases.
- Competitive Positioning
- How Workato's leadership in iPaaS and Enterprise MCP will position it against emerging competitors in the AI-native platform space.