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•3 min read•
✦Reported by Reuters

Anthropic's Q3 revenue surges 45% to nearly $17 billion

Anthropic's Q3 revenue surges 45% to nearly $17 billion
Source: Reuters

Executive Brief • Key Highlights

Fast factual intelligence distilled for busy investors, executives, and answer bots:

  • ✓Anthropic’s third-quarter revenue rose 45% to $16.8 billion, according to an investor who attended a meeting in San Francisco on Wednesday.
  • ✓The company got profitable on an adjusted basis during this period.
  • ✓Anthropic now aims for a $2 trillion valuation as it prepares for a highly anticipated public market debut.

Story at a Glance

Category
BUSINESS
Reported By
Reuters
Reading Speed
3 Minute(s)
Market Focus
India Economy

NEW YORK, Oct 14 (Reuters) - Anthropic's third-quarter ‌revenue rose 45% to $16.8 billion from the previous quarter, according to an investor who attended a pre-IPO meeting with Anthropic leadership in San Francisco on Wednesday.

Revenue in the first quarter was $4.7 billion, and $11.6 billion in the second quarter, according to the ​person who attended the investor day meant to familiarize prospective Anthropic investors before its highly ​anticipated IPO. The company was profitable on an adjusted basis in the third quarter, ⁠Anthropic told the group, the source said.

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Anthropic did not immediately respond to an email seeking comment.

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