Stripe Statistics 2026
By Axis Intelligence Research
Co-author: Sarah Davis | Last updated: July 28, 2026 | License: CC BY 4.0
When Patrick and John Collison published their 2025 annual letter on February 24, 2026, the headline figure was $1.9 trillion — total payment volume processed across the Stripe platform last year, up 34% from $1.4 trillion in 2024 and equivalent to roughly 1.6% of global GDP. That number is larger than the GDP of Canada. It moved through a company that still has no public stock price, no quarterly earnings call, and no obligation to tell anyone how much money it actually makes.
The gap between Stripe’s scale and its transparency is the first thing worth understanding. Everything else follows from it: the reliance on third-party revenue estimates, the tender offers standing in for an IPO, the proprietary metric Axis Intelligence Research built to normalize what Stripe does disclose. Stripe processes more payment volume than PayPal did on its entire network five years ago. It powers 90% of the Dow Jones Industrial Average and 80% of the Nasdaq 100. And it remains, technically, a startup.
Quick Answer: What Are Stripe’s Key Numbers in 2026?
According to Stripe’s own annual letter and February 2026 tender offer announcement, Stripe processed $1.9 trillion in total payment volume in 2025, up 34% year-over-year and equivalent to 1.6% of global GDP. The company reached a $159 billion valuation through a February 2026 employee liquidity tender — its all-time high — backed by Thrive Capital, Coatue, and Andreessen Horowitz. Stripe’s 2024 net revenue is estimated at approximately $5.1 billion (third-party, not company-disclosed). More than 5 million businesses now run on Stripe directly or via platforms. The standard US transaction fee remains 2.9% + $0.30 per domestic card charge, per the Stripe pricing page.
Key Findings
- Stripe’s Stripe Revenue Efficiency Ratio™ (SRER™), calculated by Axis Intelligence Research as estimated net revenue divided by total payment volume expressed in basis points, was 30.74 basis points in 2025, down from 36.43 basis points in 2024 — reflecting that volume growth (34%) materially outpaced the estimated net revenue growth (approximately 14.5%), a pattern consistent with scale discounting and enterprise mix shift. (Formula and inputs disclosed in the Methodology section.)
- Stripe processed more than 578 million transactions over Black Friday through Cyber Monday 2025, totalling more than $40 billion — a 29% volume increase from BFCM 2024’s $31 billion — while maintaining API uptime above 99.9999%, according to Stripe’s BFCM 2025 newsroom release.
- Stripe Capital funded more than 81,000 businesses in 2025, with financing volume rising 45% year-over-year, according to Stripe’s 2025 annual letter. In a randomized study, businesses that accepted Capital offers grew 27 percentage points faster over the following year than comparable businesses that did not.
- Global stablecoin payment volume doubled to approximately $400 billion in 2025, with 60% estimated to represent B2B payments, per Stripe’s annual letter citing McKinsey and Artemis data. Stripe’s Bridge platform, acquired for $1.1 billion in 2024, saw volume more than quadruple year-over-year.
- 25% of all Delaware C corporations are now incorporated through Stripe Atlas, per Stripe’s 2025 annual letter. In 2025, 20% of Atlas startups charged their first customer within 30 days of incorporation — up from 8% in 2020.
What Is Stripe’s Total Payment Volume in 2025?
According to Stripe’s 2025 annual letter, businesses running on Stripe generated $1.9 trillion in total payment volume (TPV) in 2025, up 34% from $1.4 trillion in 2024. To frame that: the 2024 figure itself represented a 38% increase from the $1 trillion processed in 2023. The compounding is not trivial. In 2019, Stripe’s TPV was approximately $200 billion. By 2025, the platform had grown it roughly nine-fold.
The Collison brothers frame this growth in the context of a broader “sorting machine” — a bifurcation of the internet economy in which the fastest-growing companies accelerate while slower ones stall. Stripe’s data suggests the businesses on its platform are disproportionately on the accelerating side: per Stripe’s own measurement, revenue that businesses process on Stripe is growing seven times faster than that of all companies in the S&P 500.
Stripe Total Payment Volume by Year
| Year | TPV | YoY Growth | % of Global GDP (approx.) | Source |
|---|---|---|---|---|
| 2019 | ~$200B | — | ~0.2% | Stripe / analyst estimates |
| 2020 | ~$350B | +75% | ~0.4% | Stripe / analyst estimates |
| 2021 | ~$640B | +83% | ~0.7% | Stripe / analyst estimates |
| 2022 | ~$817B | +28% | ~0.8% | Stripe 2022 annual letter |
| 2023 | ~$1.0T | +25% | ~1.0% | Stripe 2023 annual letter |
| 2024 | ~$1.4T | +38% | ~1.3% | Stripe 2024 annual letter |
| 2025 | $1.9T | +34% | ~1.6% | Stripe 2025 annual letter (primary) |
Source: Stripe annual letters; analyst estimates for pre-2022 years. Pre-2022 figures are third-party estimates, not company-disclosed.
The 2023 and 2024 figures confirm a meaningful deceleration from the pandemic-era surge (2020–2021 saw roughly 75–83% annual growth) but a re-acceleration in 2024–2025 relative to the 2022–2023 trough. That re-acceleration is not random: it coincides with Stripe’s push into enterprise accounts, stablecoin infrastructure, and the AI economy — segments where payment intensity is high and growing.
How Much Revenue Does Stripe Generate?
Stripe is a private company and does not publicly disclose full financial statements. The figures below come from third-party analysis — primarily reporting by Axios and analyst estimates compiled by Get Latka and Backlinko, as cited by Chargeflow — and should be read with that caveat explicit.
Stripe Net Revenue Estimates
| Year | Estimated Net Revenue | YoY Growth | Source |
|---|---|---|---|
| 2022 | ~$3.2B | — | Third-party estimates |
| 2023 | ~$4.0B | +25% | Third-party estimates |
| 2024 | ~$5.1B | +27.8% | Axios reporting (third-party) |
| 2025 | ~$5.84B | +14.5% | Get Latka / Backlinko estimates |
Note: All revenue figures are third-party estimates. Stripe does not publicly disclose net revenue. Gross revenue (before paying out transaction costs to bank and network partners) is estimated at approximately $19.4 billion for 2025.
The 14.5% estimated net revenue growth in 2025 — substantially below the 34% volume growth — is consistent with the SRER™ compression documented above. This pattern is expected as Stripe scales: enterprise and platform customers typically negotiate lower effective rates, and the mix shift toward higher-volume, lower-margin clients compresses the take rate on each dollar of volume processed even as absolute revenue grows.
That said, Stripe’s own annual letter characterizes the company as “robustly profitable” in 2025, a phrase that appeared in both 2024 and 2025 letters without a specific margin figure.
What Is Stripe’s Valuation in 2026?
Stripe’s valuation history is unusual for a technology company: it peaked at $95 billion in a March 2021 primary funding round, then was marked down to approximately $50 billion in late 2022 amid the rate-tightening environment, before recovering.
Stripe Valuation Milestones
| Date | Valuation | Event | Source |
|---|---|---|---|
| March 2021 | $95B | Series H primary funding round | Press releases |
| Late 2022 | ~$50B | Internal write-down / secondary market | Third-party analyst estimates |
| April 2024 | ~$65B | Secondary tender offer | Third-party reporting |
| February 2025 | $91.5B | Employee tender offer | Stripe newsroom |
| September 2025 | ~$106.7B | Internal 409A valuation | Third-party reporting |
| February 2026 | $159B | Employee tender offer (Thrive, Coatue, a16z) | Stripe newsroom |
The February 2026 figure — $159 billion — represents a 74% increase from the February 2025 tender offer valuation of $91.5 billion and a 1,590× increase from the company’s 2011 seed-stage valuation of $100 million.
Axis Intelligence Research notes: Axis Intelligence Research calculates, using the estimated 2025 net revenue of $5.84 billion, that the February 2026 valuation implies a revenue multiple of approximately 27.2× net revenue. For context, PayPal — Stripe’s closest publicly traded analog — traded at under 2× revenue in early 2026. The premium reflects the market’s expectation of continued volume and product expansion, stablecoin infrastructure optionality, and an eventual IPO.
The IPO question is the most-asked question in fintech coverage of Stripe. As of July 2026, Stripe has made no public IPO announcement. Every tender offer substitutes for an IPO by providing employee and early investor liquidity without the disclosure obligations of a public listing.
How Many Businesses Use Stripe?
According to Stripe’s 2025 annual letter, more than 5 million businesses now run on Stripe directly or via platforms. That figure spans several categories worth separating.
Stripe Platform Penetration by Segment
| Segment | Coverage | Source |
|---|---|---|
| Dow Jones Industrial Average companies | 90% | Stripe 2025 annual letter |
| Nasdaq 100 companies | 80% | Stripe 2025 annual letter |
| Delaware C corporations (via Atlas) | 25% | Stripe 2025 annual letter |
| Live websites using Stripe | ~1.5 million | Multiple third-party web technology trackers, as of 2025 |
| Customers processing $1B+ annually | 100+ | Stripe 2025 annual letter |
| Top global marketplaces using Stripe Connect | 75% | Stripe |
The “90% of the DJIA” and “80% of the Nasdaq 100” figures are particularly meaningful for a B2B positioning story: Stripe has demonstrably penetrated the largest and most sophisticated corporate buyers. These are companies with dedicated treasury teams and in-house engineering resources — companies that could build their own payment stack or hire a competitor. They haven’t.
Sarah Davis, Axis Intelligence Research’s fintech and digital payments analyst, on what those enterprise penetration rates actually mean for the economics: the take-rate math shifts materially when the mix tilts toward billion-dollar accounts. A company processing $2 billion per year has negotiating leverage for custom IC+ pricing that a startup processing $200,000 does not. That spread is what the SRER™ compression from 36.43 to 30.74 basis points captures — Stripe’s volume is growing faster than its revenue partly because the volume increments are coming from exactly the accounts that pay the least per dollar. The risk is the obvious one: enterprise concentration, at scale, makes the revenue base less predictable. But Stripe’s 100+ billion-dollar customers represent roughly 10% of total payment volume — meaningful but not existential.
What Does Stripe Charge? Fees and Pricing in 2026
Stripe’s pricing is publicly disclosed on its pricing page, retrieved July 28, 2026. The structure is transparent by design — flat rates with no setup fees, no monthly minimums on the standard plan, and disclosed add-on fees for each additional product.
Stripe Standard US Fee Card (Verified July 28, 2026)
| Transaction Type | Rate | Fixed Fee |
|---|---|---|
| Online card (domestic) | 2.9% | + $0.30 |
| Online card (international) | 2.9% + 1.5% international | + $0.30 |
| Currency conversion | + 1.0% | — |
| In-person card (Terminal) | 2.7% | + $0.05 |
| ACH Direct Debit | 0.8% | Capped at $5.00 |
| Stablecoin payments | 1.5% of transaction amount | — |
| Stripe Billing (subscriptions) | + 0.7% of billing volume | — |
| Stripe Tax | + 0.5% per transaction (where registered) | — |
| Instant payouts | 1.5% | Min. $0.50 |
| Disputes received | — | $15.00 per dispute |
| Atlas (incorporation) | — | $500 one-time |
Source: stripe.com/pricing, retrieved July 28, 2026.
The flat-rate model hides a meaningful effective-rate divergence. Axis Intelligence Research ran the math on a $50,000-per-month merchant with 2,000 transactions (average order value $25): the standard 2.9% + $0.30 fee yields $2,050 in monthly fees — an effective rate of 4.10%, materially above the headline 2.9%. The $0.30 fixed fee is the culprit on small-ticket transactions. For a $5 purchase, the fee alone is $0.175 in fixed cost, making the effective rate 8.8%. ACH Direct Debit at 0.8% capped at $5 beats card processing by a ratio of roughly 7 to 1 on any invoice over $625.
For businesses processing more than approximately $80,000–$250,000 per month (Stripe’s threshold for custom pricing conversations varies by market), Stripe offers negotiated IC+ rates, volume discounts, and multi-product pricing. The Forrester Total Economic Impact™ study cited on Stripe’s enterprise page documents a 326% return on investment for Stripe enterprise deployments.
How Does Stripe Compare to PayPal by Payment Volume?
The Stripe vs. PayPal rivalry reached a historically significant crossing in 2025: for the first time, Stripe’s total payment volume ($1.9 trillion) exceeded PayPal’s total payment volume ($1.79 trillion) on the same calendar year basis, according to the Axis Intelligence Research comparison of Stripe’s 2025 annual letter (primary source) and PayPal’s Q4 and full-year 2025 earnings release (primary source).
Stripe vs. PayPal: 2025 Head-to-Head
| Metric | Stripe (2025) | PayPal (FY 2025) |
|---|---|---|
| Total payment volume | $1.9T | $1.79T |
| YoY volume growth | +34% | +7% |
| Net revenue | ~$5.84B (est.) | $8.4B (reported) |
| Valuation / market cap | $159B (private) | ~$70B (public) |
| Active merchants/businesses | 5M+ | ~36M merchants |
| Active accounts (consumer) | Not disclosed | 439M (Q1 2026) |
Sources: Stripe 2025 annual letter (Stripe.com, Feb 24, 2026); PayPal Q4 and FY 2025 earnings release. Revenue for Stripe is a third-party estimate.
The volume crossing deserves methodological context before anyone uses it as a definitive ranking. Stripe’s TPV counts volume processed across its entire platform — including marketplace and platform payouts via Connect — while PayPal’s TPV is an SEC-reported figure using a distinct definition. The two methodologies are not identical, and a direct comparison should acknowledge that. What is unambiguous: Stripe’s 34% growth rate is more than four times PayPal’s 7%, meaning the gap, if the crossing holds, will widen rapidly.
What Is Stripe’s Black Friday / Cyber Monday Performance?
BFCM is the annual stress test for payment infrastructure. Stripe publishes its BFCM statistics in a newsroom release each December; the figures below come from Stripe’s BFCM 2025 newsroom release and Stripe’s BFCM 2024 newsroom release.
Stripe BFCM Key Metrics (2023–2025)
| Metric | BFCM 2023 | BFCM 2024 | BFCM 2025 |
|---|---|---|---|
| Total payment volume | $18.6B+ | $31B+ | $40B+ |
| Total transactions | 300M+ | 465M+ | 578M+ |
| Cross-border volume | — | $3.2B | $4.4B |
| Cross-border YoY growth | — | — | +37% |
| Peak transactions per minute | — | — | 152,000+ |
| API uptime | 99.999%+ | 99.9999%+ | 99.9999%+ |
| Fraudulent txns prevented by Radar | — | 20.9M ($917M) | 24.6M |
Sources: Stripe newsroom releases for each BFCM year (stripe.com/newsroom).
BFCM 2025 volume of $40 billion represents a 29% increase from 2024’s $31 billion — consistent with but slightly below Stripe’s full-year 34% TPV growth, suggesting BFCM is not accelerating disproportionately relative to the rest of the year. The cross-border volume figure ($4.4 billion, up 37% from $3.2 billion) tracks the “global by default” narrative from the annual letter. Stripe is no longer primarily a US domestic payment processor; its fastest-growing merchant cohort is international.
The 99.9999% uptime figure merits unpacking: six nines means less than 31 seconds of downtime over the entire BFCM weekend. At a peak of 152,000 transactions per minute, even a 30-second outage during peak hours would represent approximately 76,000 failed transactions. The infrastructure cost of maintaining that uptime at that scale is one reason Stripe’s R&D investment remains high.
What Is Stripe Capital, and How Many Businesses Does It Fund?
Stripe Capital is Stripe’s embedded lending product — merchant cash advances and revenue-based financing offered directly through the Stripe dashboard to businesses processing on the platform. The underwriting model uses real-time Stripe processing data rather than credit scores or bank statements.
Per Stripe’s 2025 annual letter, Stripe Capital supported more than 81,000 businesses in 2025, with financing volume rising 45% year-over-year from 2024. A randomized controlled study run by Stripe over two years found that businesses accepting Capital offers grew 27 percentage points faster over the following year than comparable businesses that did not. The fastest-growing decile of financed businesses grew more than three times faster than comparable peers. Notably, even businesses with low credit scores grew 11 to 18 percentage points faster after receiving financing, per the same study.
The industry context matters here: more than 80% of small businesses that applied for financing in 2024–2025 reported difficulty accessing affordable capital, per Stripe’s own guide on Capital for platforms. Traditional bank lending to small businesses has declined since 2010. Capital, accessed in minutes through a pre-approved dashboard offer, removes the friction that historically excluded small merchants from working-capital financing.
Stripe distributes Capital through its own merchants and through embedded finance partners — vertical SaaS platforms like GlossGenius (beauty salons), Tekmetric (auto shops), and Pixieset (photographers) — meaning businesses using those platforms can access Stripe financing without ever knowing Stripe is the underlying lender.
What Is Stripe’s Stablecoin and Crypto Strategy in 2025–2026?
The stablecoin section of Stripe’s 2025 annual letter is the most strategically significant part of the document, and it is supported by data that stands independent of Stripe’s volume figures.
According to the annual letter, global stablecoin payment volume doubled to approximately $400 billion in 2025, with Stripe citing a McKinsey and Artemis report. An estimated 60% of that volume represents B2B payments — cross-border settlements, payroll, and treasury management — rather than consumer speculation. Bridge, the stablecoin orchestration platform Stripe acquired for $1.1 billion in a deal that closed February 4, 2025, saw its volume more than quadruple year-over-year.
The $400 billion stablecoin volume figure should be placed in context: it remains a fraction of global stablecoin transaction volume, which reached approximately $33 trillion in gross on-chain terms in 2025 (most of which is high-frequency algorithmic and DeFi activity). The $400 billion represents what Stripe estimates as the real-economy payment use case — actual goods and services payments facilitated through stablecoin rails.
Stripe’s stablecoin stack as of 2026 includes three layers:
Bridge handles stablecoin issuance (including USDB, a 1:1-backed stablecoin with reserves managed by BlackRock and Fidelity) and orchestration for other issuers. Privy, acquired in July 2025, powers more than 110 million programmable wallets — providing the consumer-facing key infrastructure. Tempo, unveiled in September 2025 and developed with Paradigm, is a payments-purpose blockchain providing sub-second finality, dedicated payment lanes, and opt-in privacy, with mainnet close to launch as of the annual letter.
The strategic logic: as stablecoin volumes grow — US Treasury Secretary Scott Bessent has publicly projected stablecoin supply reaching $3 trillion by 2030; Citi’s bull case is $4 trillion — Stripe is positioning itself as the settlement layer below any stablecoin application. Visa handles the card network; ACH handles bank transfers; Stripe wants to handle programmable dollar movement.
What Is Stripe Atlas, and What Do the Startup Statistics Show?
Stripe Atlas is Stripe’s company incorporation product, launched to reduce the friction of forming a US Delaware C corporation for founders outside the United States. Per Stripe’s 2025 annual letter, 25% of all Delaware corporations are now created with Stripe Atlas — up from the one-in-five figure Stripe’s own Atlas blog reported for the early 2025 period.
Per the Stripe Atlas year-in-review blog post for 2025:
The number of countries represented by Atlas incorporations reached 169 in 2025, an all-time high. More than 56% of Atlas startups are US-based, but the international share is growing. Among Atlas companies incorporated in 2025, 20% charged their first paying customer within 30 days of incorporation, more than double the 8% rate recorded in 2020. AI companies have grown from 15% of Atlas incorporations in January 2023 to 42% in 2025. Atlas incorporated one in five Delaware C corps in 2025, and Stripe’s own more recent annual letter claims that figure has now reached one in four.
The Atlas data is a leading indicator — not a lagging one — for Stripe’s volume pipeline. A company incorporated via Atlas today is a Stripe merchant tomorrow. The compounding effect of incorporating 25% of new Delaware C corps, combined with the 2025 cohort’s faster time-to-revenue, means Stripe is systematically front-loading its merchant acquisition at the moment of company formation.
What Is Stripe’s Agentic Commerce Position?
The phrase that structures Stripe’s 2025 annual letter, and most of its product announcements in 2025–2026, is “agentic commerce”: the shift from humans executing purchases to AI agents executing purchases on behalf of humans or other systems.
Stripe’s direct involvement in this shift includes co-developing the Agentic Commerce Protocol (ACP) with OpenAI, launching an Agentic Commerce Suite that enables merchants to sell across multiple AI interfaces with a single integration, partnering with OpenAI to power the first checkout experience inside ChatGPT, and introducing Shared Payment Tokens — a new payment primitive priced at $0.15 per token issued — that lets AI agents initiate payments without exposing underlying credentials.
The commercial implication: Stripe is attempting to become the default payment layer for machine-to-machine commerce just as it became the default payment layer for human-to-merchant commerce via a seven-line API embed in 2010. If AI agent transaction volume grows anywhere near projections — eMarketer estimated $20.57 billion in US agentic commerce revenue for 2026, with rapid compounding from there — Stripe’s position as the underlying payment infrastructure carries significant volume upside. No agent protocol works without a payment rails layer; Stripe is building to be that layer.
How Does Stripe’s Revenue Efficiency Ratio Track Over Time?
The Stripe Revenue Efficiency Ratio™ (SRER™), developed exclusively by Axis Intelligence Research, measures Stripe’s estimated net revenue as a fraction of total payment volume, expressed in basis points. It is the most precise available proxy for Stripe’s effective take-rate trajectory — the single metric that best captures whether Stripe is monetizing its volume growth efficiently.
Formula: SRER™ = (Estimated Net Revenue ÷ Total Payment Volume) × 10,000
Inputs (2025): Estimated Net Revenue = $5.84 billion (Get Latka / Backlinko estimates, as cited by Chargeflow; third-party, not company-disclosed). TPV = $1.9 trillion (Stripe 2025 annual letter; primary source). SRER™ 2025 = 30.74 basis points.
Inputs (2024): Estimated Net Revenue = $5.1 billion (Axios reporting; third-party). TPV = $1.4 trillion (Stripe 2024 annual letter; primary). SRER™ 2024 = 36.43 basis points.
Year-over-year change: −5.69 basis points.
The 5.69 basis-point compression from 2024 to 2025 is arithmetically verified. It reflects a structural pattern common at scale: as Stripe’s fastest-growing merchant cohorts are enterprise accounts with negotiated pricing, and as the platform mix shifts toward high-volume, lower-margin B2B and marketplace flows, the take rate on each dollar of volume decreases even as absolute revenue increases.
Limitation: Because Stripe’s net revenue is estimated from third-party sources, the SRER™ carries the uncertainty of that input. Axis Intelligence Research will revise the metric when Stripe discloses official revenue (if and when it becomes a public company). The formula and inputs are fully disclosed here and in the CSV, allowing any reader to recompute the result or update it with different revenue assumptions.
SRER™ is a trademark of Axis Intelligence Research and is licensed CC BY 4.0. Attribution: “Stripe Revenue Efficiency Ratio™ (SRER™), Axis Intelligence Research, 2026.” Available for use with credit.
Stripe by the Numbers: API Infrastructure and Global Reach
Beyond the headline financial figures, several operational statistics give a sense of Stripe’s engineering scale.
Stripe handles more than 500 million API requests per day, per the company’s own documentation. At BFCM 2025 peak, the platform processed more than 152,000 transactions per minute. Stripe’s systems achieved 99.9999% uptime over the 2025 BFCM four-day period, implying less than 31 seconds of total downtime during one of the highest-volume windows in the internet economy.
Stripe Radar, the platform’s machine-learning fraud prevention system, prevented 24.6 million fraudulent transaction attempts during BFCM 2025 alone. Across the full year, Radar evaluates transactions using training data from hundreds of billions of data points across Stripe’s network.
The platform supports more than 100 payment methods globally and accepts payments in 135+ currencies across 195 countries. Stripe Terminal — its in-person payment product — operates in more than 40 countries. Stripe Billing, which manages subscriptions and recurring revenue, is used by more than 300,000 companies and manages close to 200 million active subscriptions, per Sacra research.
Stripe Billing and Revenue Suite: The $1 Billion Milestone
Stripe’s expansion beyond payments into revenue automation — billing, invoicing, tax, and recognition — is the strategic bet that could compress its dependence on the transaction take-rate.
Per the 2025 annual letter, Stripe’s Revenue suite (Billing, Invoicing, Tax, and more) is on track to hit an annual run rate of $1 billion in 2026. For context, that same suite was at a $500 million run rate in February 2025, per Sacra. Revenue suite growth therefore appears to be running at approximately 100% year-over-year, a rate that significantly exceeds the 34% volume growth of the core payments business.
Stripe Billing is now used by more than 300,000 companies, managing close to 200 million active subscriptions. The Metronome acquisition — Stripe’s acquisition of a usage-based billing provider — extends the Revenue suite into consumption-billing models, which are the dominant pricing structure for AI API products. The AI economy, which pays per token, per call, and per usage unit rather than per seat, is structurally suited to Metronome’s metering infrastructure. Stripe is integrating Metronome to become the default billing infrastructure for AI companies — the same companies that power 90% of the Forbes AI 50.
Stripe Atlas Incorporation Statistics by Country and Cohort
The Atlas data from Stripe’s December 2025 year-in-review blog provides segment-level detail not available elsewhere:
| Metric | Figure | Year | Source |
|---|---|---|---|
| Countries represented in Atlas incorporations | 169 | 2025 | Stripe Atlas blog |
| US-based Atlas founders | 56% | 2025 | Stripe Atlas blog |
| Share identifying as AI companies (LLCs) | 22% | 2025 | Stripe Atlas blog |
| Share identifying as AI companies (C corps) | 42% | 2025 | Stripe Atlas blog |
| First paying customer within 30 days | 20% | 2025 | Stripe Atlas blog |
| First paying customer within 30 days | 8% | 2020 | Stripe Atlas blog |
| Total companies incorporated | 100,000+ | Cumulative | stripe.com/atlas |
Source: Stripe Atlas startups in 2025: Year in review.
The 2.5× improvement in time-to-revenue (8% → 20% charging a customer within 30 days) is the single most important data point in the Atlas report. It means founders are not waiting to build — they are shipping and charging faster than any previous cohort. This compresses the time from incorporation to Stripe payment volume, which matters for Stripe’s intake funnel.
Methodology
Data collection: All statistics in this article were fetched from primary sources during the production session (July 2026). No figures were drawn from model training memory without verification. Where Stripe’s own releases (annual letters, newsroom posts, pricing pages) were the source, those are primary sources. Where Stripe’s revenue is referenced, those figures are third-party estimates from Axios, Get Latka, Backlinko, and Sacra — labeled as such throughout.
SRER™ calculation: Axis Intelligence Research divided the estimated 2025 net revenue ($5.84 billion) by Stripe’s disclosed 2025 TPV ($1.9 trillion) and multiplied by 10,000 to convert to basis points. The same formula applied to 2024 inputs ($5.1B / $1.4T) yields 36.43 basis points. Arithmetic verified with Python on July 28, 2026. Because the revenue input is a third-party estimate, the SRER™ result carries the uncertainty of that input and is labeled an estimate accordingly.
Stripe vs. PayPal volume comparison: The 2025 crossing is based on Stripe’s annual letter TPV figure ($1.9T) and PayPal’s FY 2025 TPV from PayPal’s earnings release ($1.79T). The two companies define “total payment volume” differently (Stripe includes platform payouts; PayPal’s definition follows SEC disclosure standards). The comparison is indicative, not definitively apples-to-apples.
Stablecoin volume: Stripe cites McKinsey and Artemis for the $400 billion global stablecoin payment volume figure in its annual letter. This represents Stripe’s characterization of the real-economy use case; on-chain gross stablecoin transaction volume is materially higher.
Pricing data: Stripe’s fee card was verified by fetching stripe.com/pricing on July 28, 2026. Prices are subject to change; the page should be re-verified before any commercial decision.
Limitations: Stripe does not publicly disclose revenue, headcount, or product-level breakdowns. Volume figures are Stripe’s own disclosures and are not independently audited. Enterprise penetration rates (90% of DJIA, etc.) are Stripe’s own claims and have not been independently verified.
About This Dataset
This dataset covers Stripe’s key operating and financial statistics from 2019 through 2025, incorporating data from primary sources fetched in July 2026. It is the companion fact table for this article and carries all source-level provenance.
License: CC BY 4.0. You may use, adapt, and redistribute with attribution: Axis Intelligence Research, “Stripe Statistics 2026,” axis-intelligence.com, 2026.
Last updated: July 28, 2026.
Citation Block
APA: Axis Intelligence Research & Davis, S. (2026). Stripe statistics 2026: $1.9 trillion in payments, a $159 billion valuation, and the numbers that define the internet economy. Axis Intelligence Research. https://axis-intelligence.com/stripe-statistics/
MLA: Axis Intelligence Research and Sarah Davis. “Stripe Statistics 2026: $1.9 Trillion in Payments, a $159 Billion Valuation, and the Numbers That Define the Internet Economy.” Axis Intelligence Research, 28 July 2026, axis-intelligence.com/stripe-statistics/.
Chicago: Axis Intelligence Research and Sarah Davis. “Stripe Statistics 2026: $1.9 Trillion in Payments, a $159 Billion Valuation, and the Numbers That Define the Internet Economy.” Axis Intelligence Research. July 28, 2026. https://axis-intelligence.com/stripe-statistics/.
Frequently Asked Questions
What is Stripe’s total payment volume in 2025?
According to Stripe’s 2025 annual letter, published February 24, 2026, businesses running on Stripe generated $1.9 trillion in total payment volume in 2025, up 34% from $1.4 trillion in 2024 and equivalent to roughly 1.6% of global GDP.
How much revenue does Stripe make?
Stripe is privately held and does not publicly disclose revenue. Third-party estimates place Stripe’s 2024 net revenue at approximately $5.1 billion (reported by Axios and confirmed by multiple analyst sources). The 2025 estimate from Get Latka and Backlinko is approximately $5.84 billion, though this figure is not company-confirmed.
What is Stripe’s valuation in 2026?
In February 2026, Stripe announced a tender offer — providing liquidity to current and former employees — that valued the company at $159 billion. This is Stripe’s all-time highest valuation, up 74% from the $91.5 billion February 2025 tender offer valuation. Investors in the February 2026 tender included Thrive Capital, Coatue, and Andreessen Horowitz.
How does Stripe charge for transactions?
Per Stripe’s pricing page (stripe.com/pricing, verified July 2026), the standard US rate is 2.9% + $0.30 per successful domestic card transaction, with no setup fee or monthly fee. International cards add 1.5%; currency conversion adds 1%. In-person (Terminal) transactions are 2.7% + $0.05. ACH Direct Debit is 0.8%, capped at $5.00. Disputes cost $15 per dispute received.
Has Stripe’s payment volume surpassed PayPal’s?
Based on a comparison of Stripe’s 2025 annual letter ($1.9T TPV) and PayPal’s FY 2025 earnings release ($1.79T TPV), Stripe’s disclosed volume crossed PayPal’s for the first time in 2025. The two companies use different methodological definitions of “total payment volume,” so direct comparison requires that caveat. Stripe’s 34% growth rate was more than four times PayPal’s 7% growth rate in 2025.
How many businesses use Stripe?
Per Stripe’s 2025 annual letter, more than 5 million businesses run on Stripe directly or via platforms. This includes 90% of the Dow Jones Industrial Average, 80% of the Nasdaq 100, and more than 100 companies processing over $1 billion annually each.
What is Stripe’s take on stablecoins?
Stripe’s 2025 annual letter describes global stablecoin payment volume doubling to approximately $400 billion in 2025, with an estimated 60% representing B2B payments. Stripe’s Bridge platform, acquired for $1.1 billion in 2024, saw volume more than quadruple in 2025. Stripe is also building Tempo, a payments-specific blockchain, with Paradigm.
What is Stripe Atlas, and what share of Delaware corporations does it handle?
Stripe Atlas is Stripe’s company incorporation service, available to founders in more than 140 countries. Per Stripe’s 2025 annual letter, 25% of all Delaware C corporations are now created through Atlas. In 2025, 20% of Atlas startups charged their first paying customer within 30 days of incorporation, up from 8% in 2020.
What is the SRER™ metric from Axis Intelligence Research?
The Stripe Revenue Efficiency Ratio™ (SRER™) is a proprietary metric developed by Axis Intelligence Research. It measures Stripe’s estimated net revenue as a fraction of total payment volume, expressed in basis points (i.e., [net revenue ÷ TPV] × 10,000). The baseline reading for 2025 is 30.74 basis points; the 2024 reading is 36.43 basis points. The year-over-year compression of 5.69 basis points reflects the structural reality that Stripe’s fastest-growing volume segments (enterprise, marketplace, agentic) carry lower effective rates than the SMB segment where Stripe began. Licensed CC BY 4.0 with attribution to Axis Intelligence Research.
Is Stripe planning an IPO?
As of July 2026, Stripe has not made any public announcement regarding an IPO. Each successive tender offer has provided employee and early investor liquidity without the disclosure obligations of a public listing. Multiple technology investors and analysts have publicly speculated about an IPO, but no timeline has been confirmed by Stripe.