Trend Micro's AI-branded enterprise business grows 12% as Vision One SaaS ARR reaches $564 million

Trend Micro reported a 9% rise in third-quarter net sales, with company-wide annual recurring revenue of $1.76 billion, according to its results release. ARR growth has picked up from 3% in the first quarter to 6% in the third.

TrendAI, the name of its enterprise business, grew net sales 12% and enterprise ARR 8% to $1.292 billion, adding $31 million of ARR in the quarter against $21 million in the second. Its Vision One security platform was the main driver: software-as-a-service ARR rose 46% to $564 million, and existing customers expanded their use with net revenue retention of 119%.

The consumer business, TrendLife, grew sales and ARR 1%. Trend Micro said its investments in the enterprise sales pipeline, including more than 420 strategic managed service provider partners, are starting to show in faster growth.