EventBusinessOctober 15, 2026

Anthropic tells investors Q3 revenue hit $16.8bn ahead of IPO

Read original source →simonwillison.net

Q3 revenue (Jul–Sep) reached $16.8bn, up from $11.5bn in Q2 and about $4.8bn in Q1, per FT reporting. Adjusted operating margins excluding stock-based comp were 11%, and Anthropic said distillation accounted for 5–7% of revenue before it cut that back materially.

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