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CaixinUpdated Oct 27 13:29

Anthropic Files Prospectus: Revenue of $16.3 Billion in the First Half of 2026, Up 1,300% Year-over-Year

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Anthropic officially filed its prospectus with the U.S. Securities and Exchange Commission (SEC) on October 26 local time. The prospectus shows that its revenue was $41 million, $386 million, and $4.6 billion in 2023, 2024, and 2025, respectively, and $16.3 billion in the first half of 2026, up 1,300% year-over-year, with second-quarter revenue up 1,368% year-over-year, while compute and infrastructure spending rose 300% over the same period. Net losses continued to widen over the same period, reaching $1.5 billion, $8.3 billion, and $42 billion from 2023 to 2025, respectively, and $80.7 billion in the first half of 2026; the company said it may not achieve or sustain profitability in the future.

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The prospectus discloses Anthropic's revenue and net loss curves from 2023 to the first half of 2026, which can be used to observe its financial structure of simultaneous growth and widening losses.

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Anthropic Files Prospectus; First-Half Revenue Up 1300% Year on Year (with video)

2026-10-27 08:40:04 Source: Caixin.com Author: Du Zhihang Editor-in-Charge: Qu Yunxu

By Caixin's Du Zhihang

October 27, 2026 08:40

In the second quarter of 2026, revenue grew 1368% year on year, while computing power and infrastructure spending rose 300% over the same period

On October 14, 2026, local time, in San Francisco, California, USA, an attendee enters Anthropic's headquarters. Photo: Visual China

[Caixin.com] Anthropic has moved one step closer to going public. On October 26 local time, the U.S. AI model company Anthropic formally submitted a prospectus to the U.S. Securities and Exchange Commission (SEC).

The prospectus shows that Anthropic's revenue in 2023, 2024 and 2025 was $41 million, $386 million and $4.6 billion, respectively, with year-on-year growth of 841% and 1088% in 2024 and 2025. In the first half of 2026, revenue was $16.3 billion, up 1300% year on year.

Anthropic continues to post substantial losses, with net losses of $1.5 billion, $8.3 billion and $42 billion in 2023, 2024 and 2025, respectively, and a net loss of $80.7 billion in the first half of 2026. Anthropic said it may not achieve profitability in the future, and may not be able to sustain profitability.

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