Anthropic files for a Nasdaq listing with $16.3bn of half-year revenue
The prospectus shows $11.6bn of revenue in the second quarter and a first operating profit of $974m. Most of the $80.7bn half-year net loss is a non-cash charge on convertible notes.
Source published · In the Weekly Review of 1 November 2026
Filed under AI industry, Markets
Anthropic made its registration statement on Form S-1 public on 26 October, for a listing on Nasdaq under the symbol ANT, with Goldman Sachs and Morgan Stanley leading the offering. Revenue in the first half of 2026 was $16.3bn, of which $11.6bn came in the second quarter, when the company recorded its first operating profit, $974m.
The net loss for the half was $80.7bn. According to The Next Web’s reading of the filing, $72.4bn of it is the rise in the value of convertible notes, which grew with Anthropic’s own valuation, and a further $8.8bn comes from note purchase agreements with Google and Amazon. On the company’s adjusted measure, which strips out these items and stock pay, operating income was $1.6bn. Anthropic held $112.4bn in cash and $19.3bn in short-term investments on 30 June, and has raised $141.1bn in total.
Seven co-founders will hold 50.1% of the vote through a single share. The filing leaves third-quarter revenue blank.