Anthropic's revenue run rate tops $65 billion ahead of IPO

Anthropic shared updated figures with investors on August 17 showing annualized run-rate revenue surpassed $65 billion as of late July, more than sevenfold its level at the end of 2025, having crossed $30 billion in April and $47 billion in May. The company also disclosed preliminary Q2 2026 revenue above $11.5 billion with positive adjusted operating income, as it works with Morgan Stanley, Goldman Sachs and JPMorgan toward a possible IPO some investors are modeling as early as October at a valuation near $2 trillion.