Anthropic’s revenue is not only growing at a historic pace, it continues to accelerate. Bloomberg reported Monday that the model maker’s annual revenue run rate — its full-year revenue forecast based on recent short periods — was more than $65 billion at the end of July, up from $47 billion in May and just $9 billion at the end of last year.
Anthropic did not immediately respond to a request for comment.
Investors in the company expect it to continue growing at about the same pace for the rest of this year, finishing between $100 billion and $120 billion in 2026, the Financial Times reported.
Rival OpenAI, meanwhile, doubled its revenue from $20 billion at the end of 2025 to $40 billion, Bloomberg reported last week.
While the two companies may calculate revenue metrics differently, Anthropic’s growth rate is much more appealing to investors than OpenAI’s.
Both companies have filed confidential IPO documents, with Anthropic expected to hit the public market ahead of OpenAI, possibly as soon as this fall. According to the Financial Times, Anthropic is aiming for a public valuation of more than $2 trillion, which would be its biggest market debut in history.
Anthropic raised a $65 billion round in late May, last valued at $965 billion.
