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TRUE, BUTThe Annualiser

Company's own figure: $500M plus

A month ago the company itself said $500 million plus.

“Cognition's annualized revenue run rate is nearing $1 billion, around twice the number the firm posted in its earlier financing.”

unnamed sources in Bloomberg News reporting on Cognition funding talks, 11 August 2026

Recorded 15 August 2026. Our ruling means: literally true, materially misleading.

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Receipts pack

The evidence file for this verdict

3 receipts: 1 support the claim, 1 contradict it, 1 add context. 4 figures on the record, 1 traced to a quoted receipt.

The receipts

Each source, the line we quote from it, its date and which way it cuts. Free to read and to cite.

  1. 1Supports the claimpymnts.com ↗

    Cognition's annualized revenue run rate is nearing $1 billion, around twice the number the firm posted in its earlier financing

    Look up an archived copy ↗

  2. 2Contextsacra.com ↗

    Sacra estimates that Cognition hit $492M in ARR in May 2026.

    Look up an archived copy ↗

  3. 3Contradicts the claimmungomash.com ↗

    Cognition has still not disclosed recognized GAAP revenue, gross margin, or net revenue retention.

    Look up an archived copy ↗

Members' extras

What each receipt proves, and what would change our mind.

  • What each receipt above proves, in our words
  • The figures table, each number traced to the receipt that states it
  • The trick behind the claim, explained, with the guide to spotting it
  • What would change our verdict
  • Our call on the record, with its due date

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