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Anthropic Says Q3 Revenue Jumped To $16.8 Billion And Turned "Adjusted" Profitable... But Run-Rate Math Shows Growth Hitting The Brakes

Tyler Durden's Photo
by Tyler Durden
Authored...

We got the number.

As we previewed this morning, the entire AI complex (if not the entire market) spent Wednesday waiting with bated breath for one data point out of Anthropic's closed-door pre-IPO investor day in San Francisco. Shortly after the close, the FT delivered: Anthropic told investors its third-quarter revenue had jumped to $16.8 billion, "almost 50 per cent" above the $11.5 billion recorded in the second quarter, and that the company was "profitable on an adjusted basis" and cash flow positive in the quarter.

A Brutal Session Before The Number