How much money is Cursor losing to keep users?
TL; DR Cursor has published a 2025 report for every user, and I enjoyed reviewing it. I couldn’t stop thinking about how the economics works for Cursor given the numbers. Therefore, I did some analysis based on my report and other reports from X. Here are the key takeaways: Even consuming 250 million tokens in 2025, I am an average user compared with other Cursor users. It means many enthusiastic vibe coders or professional coders are taking advantage of or exploiting Cursor. As an average user, I paid $180 for my subscription to Cursor, but used $838.55 to $2,014.95 worth of tokens. Cursor is spending more money on other power users. Users’ engagement is subsidized by investors’ money, similar to how Amazon, Uber and Airbnb acquired and retained their users. As history tells us, the current spending is not sustainable and will shift in future. Introduction AI has changed my workflow as an engineer in the last 3 years. Instead of digging through Google results and Stackoverflow, I “chat” with Cursor and ChatGPT for coding problems, or directly assign tasks to AI coding agents. Below is a screenshot of my Cursor usage in 2025. ...