Anthropic filed for an S-1 listing, reporting first-half revenue of $16.3 billion.

Anthropic filed its S-1 prospectus, projecting revenue of $16.3 billion for the first half of 2026, a 14- to 15-fold increase from approximately $1.15 billion in the same period last year. Third-quarter revenue alone rose to $16.8 billion. Each dollar invested in computing power generates approximately $2.08 in revenue. First-half free cash flow was approximately $3.4 billion, with over 11,900 customers paying more than $100,000 annually. The company's net loss of $80.7 billion was largely due to non-cash accounting adjustments. Peter Diamandis noted that Anthropic achieved $16 billion in annual revenue in just half a fiscal year, leading the market to assess a potential $2 trillion IPO valuation.