18 August 2026
Anthropic's revenue hits $65 billion annualized rate in July 2026
- Anthropic's annualized revenue reached $65 billion by end of July, a sevenfold increase from the prior year.
- The company projects $190 to $200 billion in annual revenue by 2028 and may go public by fall 2026.
- Anthropic's growth rate significantly outpaces rival OpenAI, which has a $40 billion annualized revenue run rate.
Where they differ
TLDR AI cited only the $65 billion figure and year-over-year comparison, while Superhuman added forward-looking revenue projections for 2028 and mentioned a $2 trillion IPO valuation target, though the news sources indicate $1 trillion as the expected valuation, not $2 trillion.
Anthropic was reportedly on track to exceed $65 billion in annualized revenue based on current performance, more than seven times its pace from the previous year.
Anthropic's quarterly revenue hit $11.5B up from $787M year-over-year, with projections of $190B-$200B annual revenue by 2028. The company seeks a $2T valuation for its October IPO, though investors struggle to value a company with rapidly growing revenue and expenses.
Reported by The Decoder, TechCrunch, CNBC, CNBC