Anthropic logged net loss of over US$80 billion in first half of 2026: Report
The loss, up from US$13 billion a year earlier, was driven by US$72 billion in accounting charges.
Anthropic, the AI company, disclosed a staggering net loss of over US$80 billion in the first half of 2026, according to a report by the Wall Street Journal on October 20. This significant increase from US$13 billion in the previous year was primarily attributed to US$72 billion in accounting charges stemming from changes in the value of financial instruments used to raise funds, as per a draft prospectus for its initial public offering (IPO).
Despite the large loss, Anthropic's revenue surged to US$16.3 billion for the six months ending June 30, up from US$1.1 billion a year earlier. The growth in revenue was accompanied by a nearly quadrupling of AI infrastructure spending to nearly US$9 billion, as reported by the Journal.
The company did not comment on the financial report, and Reuters could not immediately confirm the information. Nevertheless, Reuters had previously reported in September that Anthropic had incurred a net loss of US$42 billion in 2025, as part of its exclusives revealed in the IPO prospectus. The company has gained traction with its popular AI coding assistant, Claude Code, which helps developers write software and build applications.
However, some investors and prospective investors who attended Anthropic's investor day in San Francisco are considering a lower valuation for the AI company following the latest financial disclosures. Reports from the event suggested a potential valuation of around US$1.5 trillion, a sharp decline from the previously expected US$2 trillion for the November share sale.
During the meeting, Anthropic informed investors that its third-quarter revenue jumped 45% to US$16.8 billion from the previous quarter, and the company was profitable on an adjusted basis during the period.
The lukewarm response to Anthropic's IPO could potentially impact the broader AI market, as investors view the success of the share sale as a key factor in determining the short-term prospects of the industry. Anthropic's upcoming listing, along with that of rival OpenAI, is anticipated to play a crucial role in shaping the future of the AI sector.
Written by urgent.news from Straits Times Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 3 other outlets
- Eric Schmidt reportedly owns about half as much of Anthropic as CEO Dario Amodei techcrunch.com
- Anthropic recorded net loss of over $80 billion in first half of this year, WSJ reports investing.com
- Anthropic recorded net loss of over $80 billion in first half of this year, WSJ reports channelnewsasia.com
