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Anthropic tops $65B annualized revenue run rate ahead of IPO debut
The company also reported about $11.5B in preliminary booked revenue for the second quarter and generated positive adjusted operating income and operating cash flow.
Anthropic has surpassed an annualized revenue run rate of about $65 billion at the close of July, positioning the company for what could become a major pure-play foundation model listing, according to MarketBeat Ratings.
The article says Anthropic’s developer, which filed a confidential draft S-1 in June, has helped drive a focus on enterprise AI monetization that is accelerating while costs begin to plateau.
MarketBeat Ratings adds that Anthropic posted preliminary second-quarter booked revenue of about $11.5 billion, with positive adjusted operating income and positive operating cash flow, arguing this reflects improving operating leverage.
To fund the final stage toward going public, the company is expanding its pre-IPO revolving credit facility beyond an initial $10 billion target, seeking several commitments of around $1.25 billion from lead underwriters including Morgan Stanley, Goldman Sachs, and JPMorgan Chase.