---
title: "Groq revenue and valuation"
description: "Groq's revenue is estimated at $5.7M–$21M, last reported at $3.4M. Valued at $3.5B after raising $2.75B. Funding rounds and competitors."
url: https://www.tryspecter.com/revenue-valuation/groq.md
canonical_url: https://www.tryspecter.com/revenue-valuation/groq
publisher: Specter
last_updated: 2026-11-01
---

# Groq revenue and valuation

Specter estimates Groq's annual revenue at $5.7M to $21M and its valuation at $2.63B to $4.17B. The company last reported $3.4M revenue in December 2023 and was priced at $3.5B in August 2026.

Groq provides a cloud and bare-metal platform powered by LPUs for low-latency AI inference.

- Estimated revenue: $5.7M to $21M (October 2026)
- Estimated valuation: $2.63B to $4.17B (October 2026)
- Last reported revenue: $3.4M (December 2023)
- Total funding: $2.75B
- Founded: 2016
- Headquarters: Mountain View, United States
- Employees: 313
- Sector: AI chips
- Specter Rank: #422,241

## Groq revenue

Groq last reported $3.4M revenue in December 2023. Specter's model puts current revenue between $5.7M and $21M.

| Reported figure | Date | Source |
| --- | --- | --- |
| $3.4M revenue | December 2023 | [AI Chips Saved This Startup That Now Wants to Compete with Nvidia](https://www.forbesgreece.gr/epixeiriseis/3844774) (forbesgreece.gr) |

| Month | Specter estimate | Low | High |
| --- | --- | --- | --- |
| October 2026 | $11M | $5.7M | $21M |
| September 2026 | $10M | $4.6M | $24M |
| August 2026 | $11M | $4.6M | $27M |
| July 2026 | $11M | $5.2M | $23M |
| June 2026 | $13M | $6.1M | $26M |
| May 2026 | $10M | $5M | $20M |
| April 2026 | $11M | $5.7M | $21M |
| March 2026 | $11M | $5.5M | $21M |
| February 2026 | $13M | $6.1M | $26M |
| January 2026 | $13M | $5.8M | $28M |
| December 2025 | $16M | $7.6M | $36M |
| November 2025 | $14M | $6.2M | $31M |
| October 2025 | $14M | $6.3M | $32M |
| September 2025 | $13M | $5.7M | $29M |
| August 2025 | $11M | $5.3M | $24M |
| July 2025 | $12M | $5.5M | $25M |
| June 2025 | $11M | $4.9M | $25M |
| May 2025 | $11M | $4.6M | $25M |
| April 2025 | $10M | $4.2M | $26M |
| March 2025 | $10M | $4M | $26M |
| February 2025 | $9.8M | $3.9M | $24M |
| January 2025 | $10M | $4.1M | $26M |
| December 2024 | $10M | $3.7M | $29M |
| November 2024 | $10M | $3.9M | $26M |
| October 2024 | $8.5M | $3.8M | $19M |
| September 2024 | $3.4M | $2.1M | $5.4M |
| August 2024 | $7M | $3.9M | $12M |
| July 2024 | $4.6M | $2.9M | $7.4M |
| June 2024 | $4.8M | $3.2M | $7M |

## Groq valuation

Groq was valued at $3.5B at its Series A in August 2026, down from $6.9B in September 2025. Specter's live estimate sits between $2.63B and $4.17B.

| Month | Specter estimate | Low | High |
| --- | --- | --- | --- |
| October 2026 | $3.31B | $2.63B | $4.17B |
| September 2026 | $3.5B | $2.91B | $4.21B |
| August 2026 | $3.5B | $2.91B | $4.21B |
| July 2026 | $3.81B | $2.08B | $6.98B |
| June 2026 | $4.15B | $2.56B | $6.72B |
| May 2026 | $4.51B | $2.34B | $8.72B |
| April 2026 | $4.91B | $2.84B | $8.49B |
| March 2026 | $5.35B | $3.42B | $8.36B |
| February 2026 | $5.82B | $4.07B | $8.32B |
| January 2026 | $6.34B | $4.84B | $8.3B |
| December 2025 | $6.9B | $5.74B | $8.3B |
| November 2025 | $6.9B | $4.92B | $9.67B |
| October 2025 | $6.9B | $5.32B | $8.95B |
| September 2025 | $6.9B | $5.74B | $8.3B |
| August 2025 | $5.51B | $4.24B | $7.17B |
| July 2025 | $4.4B | $3.66B | $5.29B |
| June 2025 | $4.22B | $1.65B | $10.8B |
| May 2025 | $4.05B | $1.8B | $9.12B |
| April 2025 | $3.89B | $1.83B | $8.28B |
| March 2025 | $3.73B | $1.78B | $7.84B |
| February 2025 | $3.58B | $1.88B | $6.84B |
| January 2025 | $3.44B | $1.95B | $6.05B |
| December 2024 | $3.3B | $2.11B | $5.17B |
| November 2024 | $3.17B | $2.13B | $4.71B |
| October 2024 | $3.04B | $2.2B | $4.2B |
| September 2024 | $2.92B | $2.24B | $3.8B |
| August 2024 | $2.8B | $2.33B | $3.37B |
| July 2024 | $3.06B | $1.76B | $5.35B |
| June 2024 | $3.35B | $2.09B | $5.39B |

| Reported valuation | Month | Source |
| --- | --- | --- |
| $3.5B | September 2026 | [aiweekly.co](https://aiweekly.co/ai-news-today/groq-ai-news) |
| $3.5B | August 2026 | Funding round |
| $6.9B | December 2025 | [nypost.com](https://nypost.com/2025/12/24/business/nvidia-expands-ai-empire-with-groq-licensing-deal-poaching-startups-top-execs/) |
| $6.9B | September 2025 | Funding round |
| $4.4B | July 2025 | [techzine.eu](https://www.techzine.eu/news/applications/132810/ai-chip-startup-groq-expands-with-first-european-data-center/) |
| $2.8B | August 2024 | Funding round |
| $6.9B | October 2023 | [techcrunch.com](https://www.techcrunch.com/latest/nvidia-ai-chip-challenger-groq-raises-even-more-than-expected-hits-6-9b-valuation-2/) |
| $6.9B | September 2023 | [techcrunch.com](https://www.techcrunch.com/startups/nvidia-ai-chip-challenger-groq-raises-even-more-than-expected-hits-6-9b-valuation/) |
| $6.9B | June 2023 | [techcrunch.com](https://www.techcrunch.com/latest/nvidia-ai-chip-challenger-groq-raises-even-more-than-expected-hits-6-9b-valuation/) |
| $1.1B | April 2021 | Funding round |

## Groq funding rounds

| Date | Round | Raised | Post-money | Lead investors |
| --- | --- | --- | --- | --- |
| 17 Aug 2026 | Series A | $350M | $3.5B | Disruptive |
| 22 Jun 2026 | Series A | $650M | Undisclosed | Infinitum, Disruptive |
| 17 Sep 2025 | Series E | $750M | $6.9B | Disruptive |
| 5 Dec 2024 | Secondary | Undisclosed | Undisclosed | Undisclosed |
| 5 Aug 2024 | Series D | $640M | $2.8B | Alumni Ventures, BlackRock |
| 14 Apr 2021 | Series C | $300M | $1.1B | Tiger Global Management, D1 Capital Partners |
| 12 Aug 2020 | Series B | Undisclosed | Undisclosed | Infinitum, D1 Capital Partners |
| 5 Sep 2018 | Series B | $52.3M | Undisclosed | Social Capital |
| 21 Apr 2017 | Series A | $10.3M | Undisclosed | Social Capital |

## Groq vs competitors

The AI inference market is divided between proprietary silicon developers and GPU-based cloud providers.

| Company | Estimated revenue | Estimated valuation |
| --- | --- | --- |
| Groq | $5.7M–$21M | $2.63B–$4.17B |
| Cerebras (cerebras.ai) | $460M–$1.24B | $31.7B–$53.2B |
| Etched (etched.com) | $490M–$4.16B | $17.5B–$25.3B |
| General Compute (generalcompute.com) | $3M–$13M | $670M–$960M |
| SambaNova Systems (sambanova.ai) | $42M–$310M | $9.15B–$14.4B |

## Questions

### What is Groq's revenue?

Specter estimates Groq's annual revenue at $5.7M to $21M as of October 2026. Groq last reported $3.4M revenue in December 2023.

### What is Groq's valuation?

Groq's latest post-money valuation is $3.5B, from an August 2026 Series A. Specter's live estimate is $2.63B to $4.17B.

### How much funding has Groq raised?

$2.75B across nine rounds, from a $10.3M Series A in April 2017 to a $350M Series A in August 2026.

### Who invested in Groq?

59 investors, including Alumni Ventures, BlackRock, D1 Capital Partners, Disruptive, Infinitum and Tiger Global Management.

### Who are Groq's competitors?

Cerebras, Etched, General Compute and SambaNova Systems. Specter ranks 30 competitors for Groq.

## About this data

Specter models revenue and valuation monthly and anchors each estimate to reported figures and priced rounds. Method: https://www.tryspecter.com/revenue-valuation

Cite as: Specter. "Groq revenue and valuation." tryspecter.com/revenue-valuation/groq. Updated November 2026.