Anthropic Q2 revenue jumps more than 14 fold to $11.5 billion

Anthropic generated more than $11.5 billion in preliminary revenue during the second quarter of 2026, up more than 14 fold from $787 million a year earlier, according to documents reviewed by Bloomberg.

Revenue also more than doubled from $4.73 billion in the first quarter. Anthropic reported positive adjusted operating income during the quarter, according to the documents.

The figures remain preliminary and could be revised.

Anthropic has seen rapid growth as corporate customers increasingly adopt Claude for tasks including software development and other professional workflows.

The company said in May that its annualized revenue run rate had surpassed $47 billion. OpenAI has reported an annual revenue run rate above $40 billion, although the companies may calculate the figures differently.

The growth comes as Anthropic prepares for a possible public listing. The company has filed confidentially for an IPO and is working with Morgan Stanley, Goldman Sachs and JPMorgan, Bloomberg previously reported.

Anthropic has also been meeting with prospective investors ahead of the potential offering. A listing this fall could see the company reach public markets before OpenAI and Chinese AI developer DeepSeek.

AI companies continue to raise large amounts of capital as the cost of developing and operating advanced models grows. Public listings have raised $256.4 billion so far this year, excluding blank check companies and other financial vehicles, according to Bloomberg data.