Sources: Anthropic investors expect it to float at a $2T+ valuation after an October IPO and to hit $100B to $120B in annualized revenue by the end of 2026 (Financial Times)

Anthropic, the company behind the Claude chatbot, has reported a significant surge in quarterly revenue. According to Nairametrics, citing documents shown to prospective investors, the company's second-quarter revenue exceeded $11.5 billion, representing a 1,360% increase from the same quarter in 2025. This growth is highlighted by a comparison with the $787 million in the same quarter of 2025.

The company's revenue growth has accelerated sharply within a single quarter, with $4.73 billion reported in the first quarter of 2026. CNBC notes that this jump in revenue underscores the rapid growth of the Claude chatbot maker as it prepares for a potential initial public offering.

Anthropic's projected annual revenue by 2028 is roughly $190 billion to $200 billion, according to Investing.com, which cited people familiar with its finances. This forecast is more than four times the $47 billion revenue run rate Anthropic disclosed in May.

Brief written by urgent.news from CNBC, Nairametrics, Investing.com — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.