Anthropic Hits $16.8B Q3 Revenue, Achieves Profitability Ahead of November IPO

Anthropic has disclosed $16.8 billion in third-quarter revenue to investors and achieved profitability on an adjusted basis, putting the AI company in rare financial territory as it prepares for a public listing this November. The Claude developer reported quarterly revenue rose 45 percent from $11.6 billion in the second quarter, bringing nine-month 2026 revenue to approximately $33 billion. The disclosure came during an investor meeting in San Francisco on October 14, as the company approaches an anticipated pre-Thanksgiving initial public offering that could value Anthropic at $2 trillion, according to Wall Street estimates.