Anthropic Projects $200 Billion in 2028 Revenue as IPO Filing Moves Forward
TLDR
- Anthropic’s Q2 2026 revenue hit $11.5 billion, up 1,360% year-over-year
- This marks the company’s first-ever profitable quarter
- Anthropic filed confidentially for an IPO in June, targeting a launch as early as October 2026
- The company projects revenue of $190 billion to $200 billion by 2028
- Anthropic has surpassed OpenAI in both annual revenue and valuation
Anthropic, the AI company behind the Claude models, reported Q2 2026 revenue of more than $11.5 billion. That is a 1,360% increase from the $787 million it posted in the same period last year.
Anthropic is forecasting its 2028 revenue will reach between $190B – $200B
There is a 67% chance that Anthropic's valuation climbs over $2 Trillion at some point in 2026 pic.twitter.com/Vcmw8mMwpl
- Evan (@StockMKTNewz) August 16, 2026
It also marks the first time Anthropic has turned a profit. The company had previously said it did not expect to reach profitability before 2028.
Revenue also jumped from $4.73 billion in Q1 2026, showing how fast the business is growing quarter over quarter. The figures are still early estimates and could be revised.
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