Anthropic PBC reported a preliminary revenue of more than $11.5 billion in the second quarter of 2026, marking a 14-fold increase compared to $787 million in the same period last year, according to documents seen by Bloomberg News. The company also posted positive adjusted operating income for the quarter, signaling strong financial performance ahead of a potential initial public offering (IPO), per fortune.com.
The surge in revenue reflects rapid adoption of Anthropic’s Claude chatbot by corporate customers, especially professionals using the software for tasks such as coding. The company’s annualized revenue run rate crossed $47 billion in May 2026. Anthropic is currently engaging with investors and working with Morgan Stanley, Goldman Sachs, and JPMorgan Chase on its confidential IPO filing, as reported by fortune.com.
Anthropic’s growth positions it as a major competitor to OpenAI, which has an annual run rate exceeding $40 billion. The two companies are vying for dominance in the artificial intelligence sector, particularly in enterprise applications. Anthropic’s financial results underscore its rising market presence and the increasing demand for AI tools that enhance productivity across industries, according to fortune.com.
Anthropic’s second-quarter revenue figure and positive adjusted operating income come as the company prepares for a potential mega-IPO. The next key milestone will be the public listing, with the company continuing confidential discussions with major investment banks, as detailed by fortune.com.