Anthropic reported preliminary second-quarter 2026 revenue exceeding $11.5 billion. This figure represents a sharp increase from $4.73 billion in the first quarter. Revenue for the same period in 2025 was $787 million.

The company achieved its first-ever positive adjusted operating income this quarter. Strong enterprise adoption of Claude AI models drove the explosive growth.

Anthropic filed confidentially for an initial public offering in June. Investors now expect a valuation exceeding $2 trillion. This potential listing positions the company as a primary competitor to OpenAI and one of the largest public offerings in history.