Anthropic on Track for First Operating Profit in Q2 as Revenue More Than Doubles

Anthropic, the maker of the Claude chatbot, is on track to post its first operating profit in the second quarter of 2026, as revenue more than doubles and the company positions itself for a major shift toward public markets. Revenue surge and profitability Anthropic’s quarterly revenue is projected to climb from about 4.8 billion dollars in Q1 to roughly 10.9 billion dollars in Q2, with an operating profit of around 559 million dollars, according to reports shared with investors. This jump reflects the rapid growth of the AI sector and rising demand for enterprise‑grade language models. Massive funding round and valuation The company is also in talks to raise at least 30 billion dollars in a new private round, at a pre‑money valuation exceeding 900 billion dollars and potentially approaching 950 billion dollars. If completed, this would make Anthropic the most valuable AI firm in the world, ahead of OpenAI’s estimated valuation of around 850 billion dollars earlier in 2026. IPO on the horizon Reports suggest Anthropic has retained law firm Wilson Sonsini and is preparing for an initial public offering (IPO) as early as 2026, possibly in the fourth quarter of the year. Investment banks reportedly expect an IPO raise of over 60 billion dollars, though no firm date or terms have been confirmed yet. For the AI ecosystem, an Anthropic listing could set a benchmark for how other AI startups will access public‑market capital.