Anthropic revenue reportedly jumps to more than $11.5 billion in second quarter — SkimNews

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- Anthropic reported preliminary Q2 revenue exceeding $11.5 billion — a more than 14-fold jump from $787 million in the year-ago quarter and up from $4.73 billion in Q1 2026, according to documents viewed by Bloomberg.
- Anthropic also posted positive adjusted operating income in the second quarter, though Bloomberg noted the figures are preliminary and could still change.
- Anthropic said in May that its annualized run-rate revenue crossed $47 billion, compared with roughly $10 billion for all of 2025.
- Krishna Rao, Anthropic's CFO, is leading early high-level meetings with prospective investors ahead of a potential IPO as soon as this fall, CNBC's David Faber reported Thursday.
- The early IPO meetings have not included discussions about specific financials or a valuation, according to sources — signaling the offering is still in formative stages.
- Anthropic is competing with OpenAI for corporate customers and has gained traction among professionals using its software for coding tasks.
Why it matters: A fall IPO would make Anthropic one of the first major private AI companies to tap public markets, unlocking fresh capital for compute, hardware, and data center buildouts that competitors also need. Unlike peers still burning cash, Anthropic posted positive adjusted operating income alongside its 14-fold revenue jump — a profitability signal investors will weigh against an enterprise market where OpenAI remains its chief rival for corporate contracts.
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