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Anthropic revenue run rate tops $65 billion: Report

Enterprise adoption of Claude helped drive the AI company’s quarterly revenue to $11.5 billion, while investors weigh a possible $2 trillion valuation.

  • Anthropic generated more than $11.5 billion in revenue during the second quarter, up from $787 million a year ago, as the company prepares for an IPO that could begin trading around October.
  • Enterprise adoption of Claude and Claude Code fueled this expansion, with Anthropic reporting in May that its annualized revenue run-rate had crossed $47 billion.
  • Valued at $965 billion in May, Anthropic could see an IPO price between $2 trillion and $3 trillion, exceeding the $1.75 trillion valuation of Space Exploration Technologies Corp.
  • Bloomberg News reported Anthropic achieved positive adjusted operating income in the second quarter, though the company continues spending heavily on training and computing infrastructure.
  • Anthropic forecasts revenue between $190 billion and $200 billion by 2028; while market conditions are currently favorable for IPOs, investors must weigh high valuations against long-term profitability risks.
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IBTimes broke the news in New York, United States on Monday, August 17, 2026.
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