Harvey's Margin Went to -50%. Cheaper Tokens Didn't Fix It — Better Data Did.
This story is from 2026-09-22. It is preserved in the archive; the latest stories are on the live feed.
Harvey, the legal AI startup, spent the first half of 2026 watching its gross margin do something no SaaS board wants to see: it went from roughly +50% to roughly -50% . Revenue nearly doubled, from about $190M to over $400M in annualized terms. That should have been a victory lap. Instead, every n…
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- 2026-09-22 02:11 · DEV Community — Machine Learning
Harvey's Margin Went to -50%. Cheaper Tokens Didn't Fix It — Better Data Did.