Anthropic set to hit $10.9 billion in revenue during second quarter, source says
Summary
Anthropic projects $10.9 billion in revenue for the second quarter, which would exceed its full-year sales from last year and deliver its first profitable quarter. The company reportedly generated $4.8 billion in Q1 and reached $10 billion in revenue for 2026, reflecting rapid growth and rising enterprise and consumer demand. Anthropic is in talks to raise capital at a reported $900 billion valuation and is eyeing a 2026 IPO while competing closely with OpenAI. To keep up with demand it struck major compute deals, including a SpaceX agreement to pay $1.25 billion per month for Colossus 1 capacity, and it continues to manage relations with the U.S. Defense Department.
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