Anthropic opens its books for Wall Street, showing record revenue and mounting obligations

Anthropic filed its IPO prospectus, and the market seems to like it. The AI lab is the first major company of its kind to publicly file an S-1 with the SEC. Anthropic plans to list on the Nasdaq under the ticker "ANT," with Goldman Sachs and Morgan Stanley leading the offering. Wall Street expects a valuation of roughly $2 trillion, according to Yahoo Finance, up from the company's most recent private valuation of about $965 billion, which already put it ahead of rival OpenAI at roughly $852 billion. The first-half numbers show huge growth. Revenue jumped from $376 million in Q1 2025 to $11.6 billion in Q2 2026, a 1,368 percent year-over-year increase.

First reported by The Decoder. This page is a short excerpt; the full text is theirs.