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Anthropic's annual revenue exceeds $65 billion, and its valuation may reach $2 trillion as it rushes towards an IPO

2026-08-18 08:44:01

According to TechCrunch citing Bloomberg, as of the end of July, Anthropic's annualized revenue has exceeded $65 billion, continuing to accelerate from $47 billion in May and $9 billion at the end of last year. According to the Financial Times, investors expect its annual revenue to reach between $100 billion and $120 billion. OpenAI's annualized revenue during the same period is approximately $40 billion.

Anthropic has secretly submitted IPO documents and is expected to go public as early as this fall, seeking a valuation of over $2 trillion, which could break the record for the largest IPO in U.S. stock history. The company was valued at $965 billion when it completed a $65 billion financing in May. Anthropic has not commented on this.

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