Anthropic’s annualized revenue run rate tops $80 billion as IPO plans shift

The Claude maker's revenue keeps climbing, but its public offering may raise less money and arrive later than expected Anthropic’s annualized revenue run rate topped $80 billion in October. That is a number most public companies never see in total annual sales, let alone as a run rate. The timing is awkward, though. The same update says Anthropic’s IPO raise may shrink and the offering may be delayed. Record growth on one side, a cooling listing on the other. The numbers behind the run rate By that measure, Anthropic’s trajectory has been steep. Estimates put the company’s annualized run rate at approximately $65 billion by late July 2026. Crossing $80 billion by October implies another big leg up in just a few months. The company’s S-1 registration statement, made public on October 26, 2026, filled in the rest of the picture. An amendment followed on November 2. The filing showed H1 2026 revenue of $16.3 billion, up from $1.16 billion in H1 2025. That works out to growth of more than 1,300% year-over-year. For context, most companies celebrate doubling. Anthropic did something closer to multiplying by fourteen. Q3 2026 revenue is reported at between $16.8 and $17 billion. In other...