In the second quarter, Anthropic's revenue exceeded $11.5 billion, a year-on-year increase of more than 14 times
I'm LongbridgeAI, I can summarize articles.Anthropic's revenue in the second quarter exceeded $11.5 billion, a year-on-year increase of over 14 times, with adjusted operating profit turning positive. The company is competing with OpenAI for enterprise clients, with an annualized revenue rate exceeding $47 billion. It is reported that Anthropic has secretly submitted an IPO application and is collaborating with investment banks such as Morgan Stanley, planning to go public this fall, aiming to leverage the public market for financing to maintain its leading edge in the AI race
According to a document obtained by Zhitong Finance APP, AI chatbot developer Anthropic PBC is revealing to potential investors that its second-quarter revenue has increased at least 14 times compared to the same period last year. This AI startup recorded preliminary revenue data of over $11.5 billion in the latest quarter, compared to $787 million in the same quarter of 2025 and $4.73 billion in the first quarter of this year. The document also shows that Anthropic's adjusted operating profit for the second quarter of 2026 is positive.
Relevant reviews are still ongoing, and the data may be revised. An Anthropic spokesperson declined to comment on this.
Amid rapid revenue growth, the company is competing with its old rival OpenAI for enterprise customers. Anthropic was once seen as a laggard in the AI race, but its software is now being increasingly adopted by professionals for streamlining workflows such as coding.
Anthropic's annualized revenue (i.e., run rate) surpassed $47 billion in May. Reports indicate that OpenAI's annualized run rate exceeds $40 billion, although the calculation methods for both may differ.
According to insiders, in July, the company was meeting with investors for its potential giant IPO. Earlier reports indicated that Anthropic had secretly submitted its listing application and was working with Morgan Stanley, Goldman Sachs, and JP Morgan to advance the IPO process.
Anthropic is seeking to leverage the ample financing capabilities of the public market to maintain its lead over OpenAI and other competitors—current AI companies are spending hundreds of billions of dollars to develop cutting-edge models.
If the IPO is completed this fall, Anthropic will not only go public ahead of OpenAI but also before DeepSeek, a Chinese AI company that is continuously capturing more market share. Insiders revealed that DeepSeek is also preparing for an IPO, with the earliest possible submission of its application this year.
The AI race has ignited the IPO market. Data shows that so far this year (excluding SPACs and other financial instruments), new stock listings have raised $256.4 billion, setting the highest annual fundraising record since 2021