Canva's AI crisis: Is the $60b tech giant profitable, or is vibe-coding killing it?

A nasty surprise for digital disruptors as the AI revolution sideswipes companies like Canva, which themselves helped transform the economy and wipe out whole categories of work. So - is Canva actually making money? And can it survive the giant shift in tech? 

A nasty surprise for digital disruptors as the AI revolution sideswipes companies like Canva, which themselves helped transform the economy and wipe out whole categories of work. So - is Canva actually making money? And can it survive the giant shift in tech? 

Read more about this story at theaustralian.com.au and see the video by subscribing to our YouTube channel.

Canva’s $1 billion losses over three years

The List: Australia’s Richest 250 (2026 edition) 

Check out The List: Australia’s Richest 250 editor John Stensholt’s work here

This episode of The Front is presented and produced by Claire Harvey and edited by Tiffany Dimmack. Our team includes Kristen Amiet, Lia Tsamoglou, Joshua Burton and Jasper Leak, who also composed our music. 

A nasty surprise for digital disruptors as the AI revolution sideswipes companies like Canva, which themselves helped transform the economy and wipe out whole categories of work. So - is Canva actually making money? And can it survive the giant shift in tech?&nbsp;
Read more about this story at&nbsp;<a href="http://theaustralian.com.au">theaustralian.com.au</a> and see the video by subscribing to our <a href="https://m.youtube.com/playlist?list=PLfDC8EeZJyt1IVjv5bCRbFBkTl-VYpJyf">YouTube channel</a>.
<a href="https://www.theaustralian.com.au/business/canvas-financial-accounts-reveal-1bn-losses-over-three-years-amid-claims-of-cashflow-profitability/news-story/d69bea26817baa8da1f4c6c53258515a">Canva&rsquo;s $1 billion losses over three years</a>
<a href="https://www.theaustralian.com.au/business/richest-250-of-2026-australias-billionaire-rankings-and-top-earners-revealed/news-story/9ecf78339ee9504e5f8436184e7656f0">The List: Australia&rsquo;s Richest 250 (2026 edition)&nbsp;</a>
Check out The List: Australia&rsquo;s Richest 250 editor&nbsp;<a href="https://www.theaustralian.com.au/author/john-stensholt">John Stensholt&rsquo;s work here</a>
This episode of The Front is presented and produced by Claire Harvey and edited by Tiffany Dimmack. Our team includes Kristen Amiet, Lia Tsamoglou, Joshua Burton and Jasper Leak, who also composed our music.&nbsp;

The Front brings the unrivalled journalism of Australia's national broadsheet to audio, featuring behind-the-scenes insight from our newsrooms.

The Front brings the unrivalled journalism of Australia’s national broadsheet to audio, featuring each day’s essential page one stories, journalists’ candid take on the issues that matter and behind-the-scenes insight from our newsrooms. 

To find out more about The Front you can link here and for more from the newsroom at The Australian link here or search for The Australian in your app store.

The Front brings the unrivalled journalism of Australia&rsquo;s national broadsheet to audio, featuring each day&rsquo;s essential page one stories, journalists&rsquo; candid take on the issues that matter and behind-the-scenes insight from our newsrooms.&nbsp;
To find out more about The Front you can link <a href="https://www.theaustralian.com.au/nation/the-front/podcast/7e7d42e8c77b597cf8532d2e0c847e10">here</a> and for more from the newsroom at The Australian link <a href="https://www.theaustralian.com.au/">here</a> or search for The Australian in your app store.

The Front brings the unrivalled journalism of Australia’s national broadsheet to audio, featuring each day’s essential page one stories.

The Front

The Front brings the unrivalled journalism of Australia’s national broadsheet to audio, featuring each day’s essential page one stories, journalists’ candid take on the issues that matter and behind-the-scenes insight from our newsrooms.

To find out more about The Front you can link here and for more from the newsroom at The Australian link here or search for The Australian in your app store.

The Front brings the unrivalled journalism of Australia&rsquo;s national broadsheet to audio, featuring each day&rsquo;s essential page one stories, journalists&rsquo; candid take on the issues that matter and behind-the-scenes insight from our newsrooms.
To find out more about The Front you can link <a href="https://www.theaustralian.com.au/nation/the-front/podcast/7e7d42e8c77b597cf8532d2e0c847e10">here</a> and for more from the newsroom at The Australian link <a href="https://www.theaustralian.com.au/">here</a> or search for The Australian in your app store.

Is Canva actually profitable?

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/df1b6493-a011-4674-a2c4-b4260097a159/transcript