LastPass

Updated May 12, 2026
15%
arrow_downward5% YoY
#3

Summary

  • LastPass ranks #3 within the Password Managers category, down 1 position month-over-month.
  • As of May 2026, 15% of organizations who have a vendor in the Password Managers category use LastPass: down 5 percentage points from last year.
  • LastPass has the highest adoption among enterprise companies (36%), compared to mid-market (22%), small-to-medium businesses (13%), and micro-SMB (10%).
  • LastPass key capabilities include secure password storage, automated form filling, and multi-device synchronization, supporting enterprise password security and user productivity.

Are businesses buying LastPass?

Key stats

15%
arrow_downward5% YoY
Mid-Market, 44%
13%
27%
#3
#2

Adoption Rates by company size

Company sizeAdoption rate
SMB13%
Mid-market22%
Enterprise36%

About LastPass

LastPass is a password management platform that creates, stores, and autofills credentials with single sign-on and multi-factor authentication capabilities. It helps organizations secure access across devices and browsers.

About this data

These insights come from Ramp’s procurement and renewal data, built on real-world transactions observed across our platform. Figures represent aggregated observations from Ramp Procurement and Renewals activity.

DateNew adopter shareCompetitor switch rateDominant FTE segmentAdoption rate (Enterprise)Adoption rate (Mid-Market)Adoption rate (SMB)
Apr 202613%27%Mid-Market, 44%36%22%13%
Mar 202620%27%Enterprise, 43%35%22%13%
Feb 202620%27%Mid-Market, 44%38%22%13%
Jan 202620%27%Mid-Market, 44%37%22%13%
Dec 202517%27%Mid-Market, 45%37%22%13%
Nov 202516%27%Mid-Market, 46%36%22%14%
Oct 202516%27%Mid-Market, 47%37%23%14%
Sep 20257%27%Mid-Market, 46%38%23%14%
Aug 202513%29%Mid-Market, 46%40%25%16%
Jul 202517%29%Mid-Market, 47%42%25%16%
Jun 202521%31%Mid-Market, 47%41%26%17%
May 202519%33%Mid-Market, 48%41%26%17%
Apr 202517%32%Mid-Market, 50%37%27%17%
Mar 202521%36%Mid-Market, 52%37%28%17%
Feb 202521%41%Mid-Market, 53%33%28%18%
Jan 202524%41%Mid-Market, 52%31%28%18%
Dec 202425%41%Mid-Market, 53%31%28%18%
Nov 202425%44%Mid-Market, 54%32%28%17%
Oct 202421%44%Mid-Market, 54%28%29%17%
Sep 202424%45%Mid-Market, 56%28%28%18%
Aug 202424%45%Mid-Market, 55%24%28%17%
Jul 202419%43%Mid-Market, 54%24%27%17%
Jun 202428%39%Mid-Market, 55%26%27%17%
May 202422%43%Mid-Market, 59%22%25%16%

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