Anthropic told investors its third-quarter revenue rose to $16.8 billion ahead of a planned November IPO, a slower growth rate than the prior quarter.
Anthropic reported $16.8 billion in third-quarter revenue, a 45 percent increase that is well below the 140 percent growth in the second quarter. Ahead of a planned November IPO, some investors expect the company's valuation to fall below $1.5 trillion.
Why it matters: The slowdown in growth could weigh on Anthropic's valuation as it prepares to go public in November.
Written by AI from The Decoder's published text.
Background
From our own funding, model and news trackers, not from the source.
- Latest funding
- Growth · $65B · 28 May 2026
- Newest model on the API
- Claude Haiku 5.5 · 7 Oct 2026 · $0.1 in / $0.5 out per million tokens
More coverage of this story (2)
Anthropic reports Q3 revenue of $16.8 billion ahead of planned IPO
Primary source
“Anthropic hit $16.8 billion in third-quarter revenue, a 45 percent gain that still falls far short of Q2's 140 percent surge. With a November IPO approaching, some investors now expect the company's valuation to drop below $1.5 trillion.”
Reporting from a publisher outside the organisation being covered.
Read original story ↗