Anthropic tells investors its quarterly revenue surged to $16.8bn with an adjusted profit ahead of a $2tn float
Anthropic's quarterly revenue hit $16.8bn in Q3 2026, with Dario Amodei's firm also reporting an adjusted profit and positive cash flow ahead of a potential November float.Dario Amodei, whose firm's $16.8bn quarterly revenue could support a listing valuing Anthropic at around $2tn, topping SpaceX's record float.
Anthropic told investors in San Francisco that it turned an adjusted profit in the third quarter, with quarterly revenue reaching $16.8bn — up from $11.6bn in the second quarter and $4.7bn in the first. Bankers expect the listing as soon as November, with proceeds potentially exceeding $100bn. Adjusted profit is not a bottom-line figure. The IMF has warned that a collapse in AI stocks could set off a global financial crisis.
Broadcom's boss called the AI market 'a casino', and tech stocks plunged.
Anthropic has committed at least $518bn to cloud computing over the next ten years.
The company says it generates $1.70 in revenue for each dollar it spends on computing power.