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

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
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- BUSINESS
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- Reuters
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- 3 Minute(s)
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- 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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