# Submagic ARR at $1M in 3 months

On 2024/8/19, X reported that Submagic, a US AI video editing tool, achieved USD 1 million in annual recurring revenue within 3 months. The product helps creators quickly generate captioned short videos and has been used by more than 1.4 million users.



Canonical: https://uniquebase.ai/news/3ad28331-6312-44af-80df-a786e0eb93f1
Stable identifier: 3ad28331-6312-44af-80df-a786e0eb93f1
Snapshot captured: 2026-10-20T18:19:32.670Z
English updated: 2026-10-20T18:21:37.281Z

## Connected profiles

- [Submagic](/companies/submagic)

## Sources

- https://x.com/elieln_/status/1824925166012448973