Anthropic Quarterly Revenue Rises to $16.8 Billion Ahead of IPO

Oct 15, 2026
Anthropic told investors its third quarter revenue reached $16.8 billion, up from about $11.6 billion in the second quarter.

Anthropic told investors its third quarter revenue reached $16.8 billion, up from about $11.6 billion in the second quarter, CNBC reports, citing people familiar with the matter. First quarter revenue was $4.7 billion.

The Claude maker also told investors it was profitable on an adjusted basis during the third quarter. The company also told investors it was cash flow positive and generated $1.70 in revenue for each dollar spent on computing power, according to the Financial Times.

Anthropic is preparing for an initial public offering reportedly planned for November. Investors expect its annualized revenue to reach $110 billion by year end, according to The Wall Street Journal.

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