WIZ·Cloud security - CNAPP (cloud-native application protection platform), CSPM/CWPP/DSPM/CIEMAcquired · Private

Wiz

ConvictionContext

B2B SaaS subscription priced on cloud workloads scanned; agentless API-based deployment; land-and-expand into Fortune 500/100 enterprises; sold direct and via AWS/Azure/GCP marketplaces; now a Google Cloud business unit retaining its own brand

Acquired by Google · Mar 2026

Now part of Google — $32B all-cash (Alphabet) · public-market exposure via GOOGL

Revenue

$1B+ ARRcompany-stated as surpassed by deal close, March 2026; GAAP revenue never disclosed or audited

Rev growth

~45-100% y/y across 2023-2025$350M ARR 2023 -> $500M Oct 2024 -> $1B+ by close); Q1-2024 CNAPP revenue growth +105% y/y per SDxCentral

Gross margin

not disclosedprivate; typical SaaS security peers run 75-80%

Op margin

not disclosed

Capex intensity

not disclosedasset-light SaaS - primary cost is cloud compute for scanning, borne as COGS not capex

Valuation

$32BAlphabet all-cash acquisition price; announced 2025-03-18, closed 2026-03-11) - no standalone listing, no ticker

Valuation trail

$32B53.3× since Dec 2020

6 marks · Dec 2020–Mar 2026

private — no public price

Priced round Secondary / SPAC mark

Terminal event, not a round: the 2026-03 point is Alphabet's 100% all-cash purchase of existing shares (announced 2025-03-18 at $32B after Wiz rejected a $23B offer in mid-2024). No further standalone marks will exist; value now accrues inside GOOGL's Google Cloud segment.

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Full financial intelligence for Wiz

Earnings, margins & COGS, the income-statement breakdown, SWOT, moats & dependencies, the supplier–customer ecosystem graph, top signals & trends, and the valuation range.

Income statement & margin structure
SWOT, moats & dependency map
Supplier–customer ecosystem graph
Signals, trends & valuation range

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Not investment advice — analyst work product for a qualified professional.· intel vintage 2026-07· sign in (free) for the analyst summary; Pro unlocks full intelligence