Anthropic's annual revenue run rate has topped $65 billion by the end of July, a person familiar with the matter said. This marks a significant increase from $47 billion in May and $9 billion at the end of 2025. The company has shared this figure with investors as part of ongoing financial updates.
Revenue Projections
Anthropic is projecting 2028 revenue of roughly $190 billion to $200 billion, which will impact its IPO valuation. The company's Claude coding agent has gained traction among developers, contributing to its steady enterprise revenue.
IPO Plans
Anthropic has confidentially filed for an IPO and is racing with rival OpenAI to make its market debut amid strong investor appetite for AI firms. The company was valued at $965 billion in May after raising $65 billion in its Series H funding round, more than double its $380 billion valuation in February.