Anthropic tells investors it will be profitable for second straight quarter

Anthropic has informed investors that it expects to report a positive adjusted operating income for the second consecutive quarter. According to the Financial Times, as reported by Investing.com and Channel News Asia, the company's gross margins are above 80% before accounting for revenue shared with distribution partners, including Amazon, and the cost of training its AI models.

The company's revenue has surged, with annualized revenue reaching $65 billion at the end of July, up from $9 billion at the end of 2025, as per Investing.com. In the second quarter, Anthropic recorded an adjusted operating profit after revenue surged 14-fold from a year earlier to $11.5 billion.

Anthropic is preparing for a potential initial public offering, which could value the company at $2 trillion or more, and has chosen Nasdaq for the listing, Investing.com reported. The company is seeking to ease investor concerns over its heavy cash burn ahead of the potential listing.

Brief written by urgent.news from Economic Times Tech, Investing.com, Techmeme, Channel News Asia, CNA - Business — 5 reports on this story. Machine-written — may contain errors; check the original before relying on it.