Despite its importance in plant metabolism, no sequences of higher plant ATP‐dependent phosphofructokinase (EC 2.7.1.11) are annotated in the databases. We have purified the enzyme from spinach leaves 309‐fold to electrophoretic homogeneity. The purified enzyme was a homotetramer of ∼52 kDa subunits with a specific activity of 600 mU·mg−1 and a Km value for ATP of 81 µm. The purified enzyme was not activated by phosphate, but slightly inhibited instead, suggesting that it was the chloroplast isoform. The inclusion of adenosine 5′‐(β,γ‐imido)triphosphate was conducive to enzyme activitiy during the purification protocol. The sequences of eight tryptic peptides from the final protein preparation, which did not utilize pyrophosphate as a phosphoryl donor, were determined and an exactly corresponding cDNA was cloned. The sequence of enzymatically active spinach ATP‐dependent phosphofructokinase suggests that a large family of genomics‐derived higher plant sequences currently annotated in the databases as putative pyrophosphate‐dependent phosphofructokinases according to sequence similarity is misannotated with respect to the cosubstrate.