Anthropic's third-quarter revenue reached $16.956 billion, a 1,127% year-over-year increase, with a net loss of $23.291 billion.

on November 02, according to the revised IPO prospectus filed by Anthropic with the U.S. Securities and Exchange Commission (SEC), the company's third quarter of 2026 revenue reached $16.956 billion, up 1,127% from $1.382 billion in the same period last year; net loss was approximately $23.291 billion, compared to a net loss of approximately $12.138 billion in the prior year.

Financial data shows that Anthropic's compute and infrastructure costs reached $9.863 billion in the third quarter, a year-over-year increase of 382%, accounting for approximately 58% of revenue. Operating loss for the period was $567 million, narrowing significantly from $3.089 billion in the same period last year; adjusted operating profit was $2.463 billion, with an adjusted operating margin of 15%, compared to negative 93% in the prior year.

The company's third quarter net loss includes approximately $21.936 billion in losses from changes in the fair value of convertible notes, derivative liabilities, and SAFEs. This item is primarily related to the accounting revaluation of financial instruments and does not represent a cash outflow of a comparable magnitude.

On the business front, as of September 30, over 11,900 customers contributed at least $100,000 in revenue over the past 12 months, including approximately 250 customers that generated at least $10 million in revenue each.

Additionally, as of September 30, the company held approximately $131.9 billion in combined cash and short-term investments. Agreements signed on or after that date for compute procurement and leasing involve total committed expenditures of approximately $895.4 billion, with approximately $447.5 billion expected to occur before the end of 2030.

Anthropic also disclosed that it has granted Google subscription rights to purchase up to $10 billion worth of Class N common stock, which Google may exercise at the offering price concurrent with the company's IPO.