Anthropic annualized revenue hits $65B in July; IPO pitch to cite $30T+ opportunity
Anthropic's annualized revenue reached $65B in July, up from $47B in May, with expectations of Q3 profitability, according to sources cited by the Financial Times. The company also told investors it has 6,000 customers spending $100,000 or more annually. Separately, WSJ sources report Anthropic is likely to tell IPO investors its potential revenue opportunities exceed $30T, topping SpaceX's $28.5T estimate.
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Simon Willison
Anthropic’s best AI model struggles to attract users as cheaper tools thrive A few interesting numbers in this FT story gathered from "people with knowledge of the matter": Anthropic's "annualized revenue" for July is up to $65bn - it was $47bn in May, and I collected more historic numbers here . Anthropic expect Q3 to be profitable according to the same model they used to declare Q2 profitable. "It also told investors that it had 6,000 customers that spend $100,000 annually or more." As for OpenAI, "annualised revenue has jumped 35 per cent in the quarter to date and is now over $40bn, with the launch of GPT 5.6 in July jolting the company’s performance after a sluggish start to the year". This article also introduced me to the Ramp AI index , which uses billing data from 70,000 Ramp credit card using companies to estimate model adoption. Here's Ramp's breakdown of Anthropic model spend for July 2026, which looks reasonable given that Opus 5 was only released on July 24th, and support
Techmeme
Corrie Driebusch / Wall Street Journal : Sources: Anthropic is likely to tell IPO investors that its potential revenue opportunities are above $30T, topping SpaceX's $28.5T; Uber predicted $6T in 2019 — The AI startup is likely to top SpaceX's eye-popping potential revenue estimate — SpaceX's record-breaking IPO tested the limits of an obscure financial metric.
