{
  "notice": "Please credit \"Is software solved?\" and the sources listed in credits when you reuse these numbers. They are our own aggregates. For original records, go to each source.",
  "id": "revenue",
  "name": "Revenue",
  "question": "Is the money still growing?",
  "metric": "Annual revenue of 10 public software companies",
  "solvedIf": "Spend flattens or shrinks",
  "value": "$192B",
  "change": "+15%",
  "trend": [
    {
      "label": "2016",
      "value": 62
    },
    {
      "label": "2017",
      "value": 69
    },
    {
      "label": "2018",
      "value": 77
    },
    {
      "label": "2019",
      "value": 87
    },
    {
      "label": "2020",
      "value": 98
    },
    {
      "label": "2021",
      "value": 115
    },
    {
      "label": "2022",
      "value": 137
    },
    {
      "label": "2023",
      "value": 151
    },
    {
      "label": "2024",
      "value": 168
    },
    {
      "label": "2025",
      "value": 192
    }
  ],
  "trendLabel": "Combined annual revenue of the same 10 companies, in billions of dollars.",
  "score": 0,
  "scoreReason": "Against GDP: Up 24% since ChatGPT launched.",
  "fromHigh": "At its high",
  "status": "Still growing",
  "rule": "Still growing when combined revenue rises over the year. Shrinking revenue moves toward solved.",
  "direction": "away",
  "checks": [
    {
      "date": "2026-11-02",
      "value": "$192B",
      "change": "+15%",
      "status": "Still growing"
    },
    {
      "date": "2026-11-01",
      "value": "$192B",
      "change": "+15%",
      "status": "Still growing"
    }
  ],
  "url": "/signals/revenue",
  "api": "/api/signals/revenue.json",
  "credits": [
    {
      "name": "SEC EDGAR",
      "url": "https://www.sec.gov/edgar/sec-api-documentation",
      "signal": "revenue",
      "license": "US government data",
      "credit": "Data from SEC EDGAR filings. The SEC has not reviewed or endorsed this site or its results."
    }
  ]
}