Anthropic reported preliminary Q2 2026 revenue exceeding $11.5 billion, representing at least a 14-fold increase year-over-year (from $787 million in Q2 2025) and a doubling from Q1 2026 ($4.73 billion). The company achieved its first positive adjusted operating income, marking a significant milestone toward profitability. Annualized revenue run-rate is estimated to reach approximately $74 billion by mid-2026. Founded in 2021 by Dario and Daniela Amodei, the San Francisco-based company is widely expected to pursue an IPO after raising over $130 billion, with its latest valuation at $965 billion in May 2026.
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