Business

AI-generated text

Anthropic's annualized revenue hits $65 billion as company advances toward possible fall IPO

Anthropic's annualized revenue reached $65 billion by the end of July, up sharply from just over $9 billion at the end of 2025.

Anthropic's annualized revenue hits $65 billion as company advances toward possible fall IPO

Anthropic's annualized revenue reached $65 billion by the end of July, according to Bloomberg sources speaking on condition of anonymity. This figure represents an annualized projection based on the company's most recent performance, not a completed fiscal year's actual revenue.

The pace of growth has been steep: Anthropic's annualized revenue was just above $9 billion at the end of 2025, rose to over $47 billion by May 2026, and reached $65 billion by the end of July.

Quarterly results

Documents cited by Bloomberg show that preliminary revenue for the most recently closed quarter exceeded $11.5 billion, compared with $787 million in the same period a year earlier — a more than fourteenfold increase. The company reported a positive adjusted operating income for the quarter.

Plans to go public

This rapid revenue expansion could support Anthropic's plans for a public listing. The company, like OpenAI, has already filed paperwork required for a public offering. Bloomberg reports that Anthropic could move forward with an IPO this fall, potentially listing before OpenAI.

Valuation and competitive context

In a May fundraising round, Anthropic received a valuation of $965 billion, making it one of the most valuable privately held companies globally and briefly surpassing OpenAI's valuation. OpenAI's annualized revenue recently exceeded $40 billion.

Why it matters

Strong top-line growth and early adjusted profitability are key signals for investors in the generative AI sector: they can improve IPO prospects and influence valuation trends across the tech sector. However, the reported figures are annualized projections rather than audited full-year results, so investors should rely on complete, audited financial disclosures when making decisions.

This article is not investment advice or a recommendation.