Anthropic used a pre-IPO investor day in San Francisco on Wednesday to report third quarter revenue of 16.8 billion dollars, up 45 percent from 11.6 billion dollars in the second quarter and 4.7 billion dollars in the first, according to an investor who attended the meeting and spoke to Reuters. The Financial Times reported separately that the company told investors it was profitable on an adjusted basis in the quarter. The listing is expected after the November midterm elections and before a rival OpenAI offering, at a valuation target above 2 trillion dollars, even as the company carries hundreds of billions of dollars in long term commitments for cloud services, computing and infrastructure.
Anthropic tells investors Q3 revenue hit 16.8 billion dollars
Anthropic told prospective IPO investors on Wednesday that third quarter revenue rose 45 percent from the prior quarter to 16.8 billion dollars, up from 11.6 billion in the second quarter and 4.7 billion in the first, according to an investor at its San Francisco investor day.
Why it matters: The figures land the same day AI linked stocks sold off on cost and debt concerns, and they set the growth benchmark for an IPO expected after the November midterms at a valuation target above 2 trillion dollars.
Data as of Wednesday, October 14, 2026. Revenue figures are from an investor who attended Anthropic's pre-IPO investor day in San Francisco on Wednesday, as reported by Reuters and read in full via republication; the adjusted profit point is the Financial Times' report, carried in a separate Reuters brief. Anthropic has not published audited figures. Developing item, 2 to 3 sentences by design.
Sources
- Anthropic's Q3 revenue surges 45% to nearly $17 billion · Reuters · 2026-10-14
- Anthropic revenue jumps to $16.8 billion in third quarter, FT reports · Reuters · 2026-10-14