Anthropic's Revenue Run Rate Tops $65 Billion Ahead Of Expected IPO
Anthropic's reported annual revenue run rate topped $65 billion by the end of July, underscoring the Claude creator's rapid growth ahead of a potential public listing later this year. Sharp jump from earlier in the year The AI startup's latest revenue run rate, a metric that projects annual performance by extrapolating current sales levels, was up from the $47 billion in May and an extraordinary…
By the end of July, Anthropic's annual revenue run rate had reached over $65 billion, highlighting the company's swift growth as it prepares for a potential public listing later this year. This marks a significant increase from $47 billion in May and a dramatic jump from approximately $9 billion at the end of 2025. The updated figure was disclosed to investors as part of their routine financial disclosures, according to a Reuters source.
Anthropic submitted a confidential IPO filing earlier this year as the startup competes with OpenAI in the race to debut on the market amid a robust investor interest in AI companies. The startup's valuation surged to $965 billion in May following a $65 billion increase in its Series H funding round, more than double its $380 billion valuation from February.
Reuters also revealed that Anthropic anticipates annual revenue of roughly $190 billion to $200 billion by 2028, which will determine its IPO valuation. Industry experts predict that Anthropic's run rate will continue to surge at a comparable pace throughout the remainder of the year, projecting 2026 revenue between $100 billion and $120 billion. In contrast, OpenAI has approximately doubled its revenue to $40 billion this year, up from $20 billion at the end of 2025, as reported by Bloomberg.
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