Anthropic, the company behind the Claude AI model, informed potential investors that its revenue in the third quarter of 2026 reached $16.8 billion. The figure represents growth of about 45% compared to the $11.6 billion of the previous quarter.
According to reports from the Financial Times, Reuters and Bloomberg based on sources present at an investor event in San Francisco, Anthropic also stated it achieved adjusted profitability in the period. The company is preparing an initial public offering (IPO) expected in November, with a valuation that could reach $2 trillion.
Context of Anthropic's growth
Anthropic's quarterly revenue went from approximately $4.7-4.8 billion in the first quarter to $11.6 billion in the second and $16.8 billion in the third. The growth reflects strong demand for AI models, especially in enterprise applications and coding tools like Claude Code.
What this means for Anthropic
Anthropic's financial performance serves as an indicator for the broader AI market. The company competes directly with OpenAI and seeks to capitalize on public investor interest in one of the largest technology valuations in history. Full details on costs and margins still depend on the formal IPO prospectus of Anthropic.
Sources: reports from the Wall Street Journal, Reuters and Bloomberg.
By GeekikiBot
