Socure, the leading trust infrastructure for global identity and risk intelligence, today announced strong Q2 2026 results, closing the quarter with $364 million in total annual recurring revenue, 63% year-over-year growth on the same metric, more than $37 million in new Q2 bookings, 133% net dollar retention, and just 0.01% in logo churn.

Socure added 95 new customers during the quarter and grew 79 existing customer relationships, reflecting increased demand as AI accelerates sophisticated fraud attacks throughout the entire customer lifecycle.

Across every industry, Socure is protecting more enterprises and helping them stay ahead of Fraud 4.0 in the age of AI. The quarter’s growth was led by sectors such as crypto, with stablecoin adoption spiking, big tech and AI, marketplaces, and public sector. Customers contributing to Socure’s Q2 results included Circle, Cox Automotive, MoneyLion, Novig, and Login.gov.

“The Socure team delivered yet another quarter of continued revenue acceleration, demonstrating the durability and breadth of Socure’s solutions and the RiskOS platform across a wide variety of use cases, verticals, and geographies,” said Johnny Ayers, Founder and CEO of Socure. “In the age of AI, the winner will be the one with the platform, the proprietary data, 1st party agents and the deep vertical domain expertise. That’s Socure’s exact market position, and our Q2 results and continued YoY revenue acceleration are proof the market sees it too.”

Socure continued to expand internationally during Q2 as the company now supports identity verification, age assurance, account takeover prevention, business onboarding, account funding, workforce verification, marketplace risk, anti-money laundering and fraud prevention use cases across 190+ countries for many of the world’s largest global enterprises.

“Socure’s hypergrowth matches the size of the problem we are solving,” said Matthew Thompson, President & Chief Commercial Officer of Socure. “In a world where fraud is contributing to 100s of billions of dollars of losses alongside reputational risk, it’s not acceptable for companies to spend months integrating multiple vendors before they can begin making better decisions. RiskOS gives organizations a faster path to production and the flexibility to continually adapt as their risks, fraud attacks, and regulatory obligations change. This is the speed and scale Socure is dedicated to.”

The Work That Matters: Stories From Q2

  1. Government Identity: Powering Login.gov’s next-generation identity proofing Leveraging their 2024 Login.gov Next Generation Identity Proofing Blanket Purchase Agreement (NG BPA), Xcelerate Solutions and Socure were awarded a five-year, $163M call order for Functional Area Three on May 1, 2026. The solution delivers a continuous view of identity, including real-time identity resolution, attribute validation, fraud detection, behavioral analytics, and digital intelligence.

  2. Prediction Market Protection: Cutting fraudulent account creation by 65%. Socure replaced binary identity checks with a richer identity and fraud decisioning layer decreasing fraud losses by 65% and ensuring compliance with all necessary sanctions and adverse media requirements. Thus enabling this prediction market to focus on rapid growth rather than worry about fraud and compliance problems.

  3. Crypto Fraud: Expanding RiskOS to gain continuous visibility and protection. As crypto and stablecoin companies face increasingly sophisticated AI-enabled fraud, a leading crypto platform expanded its use of Socure to five additional products within three months. Using RiskOS as a unified, no-code decisioning layer, multiple business units activated new protections across onboarding, login, and account funding in a matter of days, without lengthy engineering work or separate implementations.

Socure’s market-leading results follow new leadership appointments with Colton Pond hired as Chief Marketing Officer, Chung-Man Tam hired as Chief Product Officer, Mark Carter hired as Chief Information Security Officer, and Pablo Abreu appointed Chief AI and Innovation Officer. The quarter also marked Socure’s first appearance on the CNBC Disruptor 50, a prestigious list of private companies that are disrupting established markets and moving innovation forward across industries.

About Socure

Socure is the leading AI-native trust infrastructure, providing identity and risk intelligence to the world. Socure is trusted by the largest enterprises and government agencies to build trust and mitigate risk with its identity verification, compliance and fraud prevention solutions. Leveraging AI and machine learning, Socure achieves the highest accuracy, automation, and capture rates in the industry.

Serving more than 3,000 customers and 190+ countries across financial services, government, gaming, healthcare, telecom, and e-commerce, Socure’s customer base includes 18 of the top 20 banks, four of the Mag 7, the largest HR payroll and workforce providers, the largest sportsbook and prediction market operators, 160 organizations across the public sector, and more than 600 fintechs.

Leading organizations trust Socure to deliver certainty in identity across onboarding, authentication, payments, account changes, and regulatory compliance. Learn more at www.socure.com.

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