Anthropic revenue surges to over US$11.5 billion in Q2
[NEW YORK] Anthropic is telling prospective investors its second-quarter revenue jumped at least 14-fold versus the same period a year ago, according...
Anthropic's revenue soared to over US$11.5 billion in the second quarter of 2026, a staggering 14-fold increase compared to Q2 2025, according to financial documents. The AI chatbot company reported a preliminary revenue figure of US$11.5 billion, surpassing the US$787 million recorded in the same period last year, and the US$4.73 billion generated in Q1 2026.
The positive adjusted operating income was also disclosed in the documents. Anthropic's rapid growth comes amid a fierce competition with its rival, OpenAI, as the two companies vie for corporate clients. The AI firm has gained traction among professionals, who adopt its software to automate tasks like coding. In May, Anthropic's annualized revenue or run rate reached US$47 billion.
OpenAI boasts an annual run rate surpassing US$40 billion. Anthropic is currently engaged in discussions with investors for a potential mega-IPO, with Morgan Stanley, Goldman Sachs, and JPMorgan Chase among the financial institutions involved. The company filed confidentially for a listing and aims to tap into the public market's substantial funding to sustain its leadership in the AI sector.
Anthropic's IPO, scheduled for this fall, would see the company debut before OpenAI and Chinese AI firm DeepSeek, which is also planning an IPO. The intense AI race has invigorated the IPO market, with cumulative fundraising reaching US$256.4 billion in 2026, excluding blank-check firms, according to Bloomberg data.
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