It is expensive, but the cost is justified considering the security it provides. Compared to other solutions, it is costly. We have not tried other solutions, but the price is high. We only license Password Vault.
Payments have to be made on a yearly basis toward the licensing costs of the solution. I would say that the solution is expensive because it's only preferred by the top-tier companies involved in banking or insurance who have no problem with budgets for their cybersecurity. A medium or small-sized company would prefer to use some other solution over CyberArk Enterprise Password Vault.
Senior Technology Manager at a outsourcing company with 501-1,000 employees
Real User
Top 10
Aug 7, 2023
CyberArk Enterprise Password Vault's pricing is reasonable. Since CyberArk Enterprise Password Vault is an enterprise-level solution, its cost is higher than other solutions in the market. The solution comes with maintenance for the first year. However, after that, we need to pay for maintenance. CyberArk Enterprise Password Vault's licensing model is comparatively very easy. It has a single license. We can deploy the solution based on the particular solutions we need.
Learn what your peers think about CyberArk Privileged Access Manager. Get advice and tips from experienced pros sharing their opinions. Updated: January 2026.
Senior Product Manager and Technology Consultant at Barikat
Reseller
Mar 29, 2023
The product’s pricing is feasible for enterprise customers. The pricing is expensive for smaller businesses. You need to pay additional costs for service implementation and local support.
This is very costly software. However, I haven't really dug into the licensing. My organization gives all its employees a free license and therefore I don't have to worry about pricing. My organization is a partner with CyberArk also. Even so, we just have one instance as a practice instance.
Information Security Engineer II at a healthcare company with 1,001-5,000 employees
Real User
Mar 23, 2022
The SaaS version of CyberArk Enterprise Password Vault is very expensive, but the on-premises version is relative, e.g. depending on the size of the environment, it can be a bit pricey, but it's relatively okay compared to the others. It's their SaaS solution that's expensive.
Program Manager at a recruiting/HR firm with 5,001-10,000 employees
Real User
Dec 16, 2021
At my previous company, my budget amount was $15,000, and we didn't spend all of that. It was a larger company than the one I'm with now. It was global. We didn't spend that or come anywhere near it. They're still adding on, and I know that CyberArk will be the solution that they're going to stick with. They were hybrid, and now they're all cloud.
Security at a tech services company with 201-500 employees
Consultant
Dec 15, 2021
On-prem CyberArk is pretty expensive. It's pricey and you get what you pay for. It's an incredible product for what it does, but it's significantly cheaper to go to the cloud.
Information Security Analyst at a financial services firm with 1,001-5,000 employees
Real User
Oct 6, 2021
Password Vault is much pricier than other solutions. A vendor team might struggle to explain why that price is justified. There are good alternatives that cost less.
Senior Presale - BU Information Security at a tech services company with 51-200 employees
Real User
Sep 29, 2021
It's an affordable platform. It is not the cheapest solution available on the market, but if you want a good project, you need to have the value of the solution you are selecting. In my opinion, it is a good compromise between the cost and the benefits. I think the price is fair.
Technical Lead IMSS at a computer software company with 1,001-5,000 employees
Real User
Nov 23, 2020
The licensing plan is either six months or one year — it's not on a monthly basis. Every company will have a different license fee, but ultimately, it comes down to how many users you want to manage and how many companies you want to support. If you want three CPMs, then you'll need licensing for three. It's per-company, license-based.
Director at a tech services company with 11-50 employees
Reseller
Jul 5, 2020
There are costs in addition to the standard licensing. There is an implementation fee. Those are additional fees and the customer has the annual maintenance, the software, and whole maintenance cost added to that. So there are additional costs besides this standard license.
Presales Engineer/Network Security Technical Consultant at a tech services company with 51-200 employees
Consultant
Nov 7, 2019
The price is higher than the competition, but if the customer wants the best product for their company, they won't mind the price. We have a permanent license. Licensing is based on how man users you have, so the pricing varies according to the size of the company.
As far as I know, CyberArk changed its pricing policy for our region. Overall it was very expensive a few years ago, but now, just around a year ago, it became less expensive and it's easier for us to sell it.
CyberArk Privileged Access Manager is a next-generation solution that allows users to secure both their applications and their confidential corporate information. It is extremely flexible and can be implemented across a variety of environments. This program runs with equal efficiency in a fully cloud-based, hybrid, or on-premises environment. Users can now protect their critical infrastructure and access it in any way that best meets their needs.
CyberArk Privileged Access Manager possesses...
It is expensive, but the cost is justified considering the security it provides. Compared to other solutions, it is costly. We have not tried other solutions, but the price is high. We only license Password Vault.
I rate the tool's pricing an eight out of ten.
Payments have to be made on a yearly basis toward the licensing costs of the solution. I would say that the solution is expensive because it's only preferred by the top-tier companies involved in banking or insurance who have no problem with budgets for their cybersecurity. A medium or small-sized company would prefer to use some other solution over CyberArk Enterprise Password Vault.
CyberArk Enterprise Password Vault's pricing is reasonable. Since CyberArk Enterprise Password Vault is an enterprise-level solution, its cost is higher than other solutions in the market. The solution comes with maintenance for the first year. However, after that, we need to pay for maintenance. CyberArk Enterprise Password Vault's licensing model is comparatively very easy. It has a single license. We can deploy the solution based on the particular solutions we need.
The product's licensing is yearly. I would rate the solution's pricing a six out of ten.
CyberArk is more expensive than other solutions, but it's necessary when the company has contacts with other branches and partners.
The product’s pricing is feasible for enterprise customers. The pricing is expensive for smaller businesses. You need to pay additional costs for service implementation and local support.
You need a large number of servers, and therefore it gets expensive to deploy the product. The license is expensive. It costs us around $200 per user.
This is very costly software. However, I haven't really dug into the licensing. My organization gives all its employees a free license and therefore I don't have to worry about pricing. My organization is a partner with CyberArk also. Even so, we just have one instance as a practice instance.
CyberArk's license is too expensive. I rate it seven out of 10 for affordability.
The SaaS version of CyberArk Enterprise Password Vault is very expensive, but the on-premises version is relative, e.g. depending on the size of the environment, it can be a bit pricey, but it's relatively okay compared to the others. It's their SaaS solution that's expensive.
At my previous company, my budget amount was $15,000, and we didn't spend all of that. It was a larger company than the one I'm with now. It was global. We didn't spend that or come anywhere near it. They're still adding on, and I know that CyberArk will be the solution that they're going to stick with. They were hybrid, and now they're all cloud.
On-prem CyberArk is pretty expensive. It's pricey and you get what you pay for. It's an incredible product for what it does, but it's significantly cheaper to go to the cloud.
Licensing fees are paid on a yearly basis.
Password Vault is much pricier than other solutions. A vendor team might struggle to explain why that price is justified. There are good alternatives that cost less.
It's an affordable platform. It is not the cheapest solution available on the market, but if you want a good project, you need to have the value of the solution you are selecting. In my opinion, it is a good compromise between the cost and the benefits. I think the price is fair.
The licensing plan is either six months or one year — it's not on a monthly basis. Every company will have a different license fee, but ultimately, it comes down to how many users you want to manage and how many companies you want to support. If you want three CPMs, then you'll need licensing for three. It's per-company, license-based.
CyberArk is very expensive and there are additional fees for add-ons.
This product is very expensive.
There are costs in addition to the standard licensing. There is an implementation fee. Those are additional fees and the customer has the annual maintenance, the software, and whole maintenance cost added to that. So there are additional costs besides this standard license.
The price of this solution is expensive.
The price is higher than the competition, but if the customer wants the best product for their company, they won't mind the price. We have a permanent license. Licensing is based on how man users you have, so the pricing varies according to the size of the company.
I think that it might be cheaper than the other competitors in our region.
This solution is expensive.
As far as I know, CyberArk changed its pricing policy for our region. Overall it was very expensive a few years ago, but now, just around a year ago, it became less expensive and it's easier for us to sell it.