WASHINGTON: Anthropic PBC is telling prospective investors its second-quarter (2Q26) revenue jumped at least 14-fold versus the same period a year ago, according to documents seen by Bloomberg News.
The Claude chatbot maker reported a preliminary revenue figure of more than US$11.5bil in its latest completed quarter, compared to US$787mil in the corresponding period in 2025, and US$4.73bil in the 1Q26, the documents show.
The 2Q26 saw Anthropic report positive adjusted operating income, according to the documents.
Deliberations are ongoing and the figures could be revised. A representative for Anthropic declined to comment.
The rapid growth comes as the company battles its longtime rival OpenAI to win over corporate customers. Once considered an underdog in the artificial intelligence (AI) race, Anthropic has seen a surge in professionals adopting its software to streamline tasks including coding.
Anthropic’s annualised revenue or run rate crossed US$47bil in May.
OpenAI has an annual run rate of over US$40bil, Bloomberg News reported, though the two figures may not be calculated the same way.
The company is meeting with investors ahead of its potential mega initial public offering (IPO), people familiar with the matter said in July.
Anthropic is seeking to tap the public market’s ample funding capacity to maintain its lead over OpenAI and others, as AI firms spend hundreds of billions of dollars to develop the most cutting-edge models.
An IPO this fall would see Anthropic debut not only before OpenAI but also before DeepSeek, the Chinese AI firm that has been grabbing an increasing share of the market for the technology. — Bloomberg
