Anthropic Reports $16.8 Billion in Q3 Revenue to Investors

Anthropic told prospective investors that its third-quarter revenue reached $16.8 billion, a 45% increase from the previous quarter, and that it was profitable on an adjusted basis for a second consecutive quarter. The figures were presented at a private investor meeting in San Francisco on October 14, according to people familiar with the discussions and an attendee’s account. Anthropic has not published the results, and the revenue and profitability figures have not been confirmed in public financial statements. The attendee said the company reported revenue of $4.7 billion in the first quarter and $11.6 billion in the second. Those amounts imply a rise of about $5.2 billion between the second and third quarters. The figures trace to accounts of the private meeting, rather than independently published company financials. The meeting account did not include an adjusted profit figure or specify which costs the measure excludes. Separate reporting said Anthropic also told investors it was cash-flow positive in the quarter, but did not provide a cash-flow amount.