Anthropic told investors its third-quarter revenue reached $16.8 billion, up from $11.6 billion in the second quarter and $4.7 billion in the first, ahead of an IPO reportedly slated for November, according to people familiar with the matter. The company said it was profitable on an adjusted basis and cash-flow positive in the third quarter, generating $1.70 in revenue for every dollar spent on computing power, according to the Financial Times. The Wall Street Journal reported that investors expect annualized revenue of $110 billion by year-end. CNBC previously reported that the company planned to disclose its third-quarter results for the first time to potential investors.
Summary written by Upside AI from the original article. Read the source for full details.
Related tickers and likely impact
AMZN
▲ Likely positiveAmazon
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Broadline Retail |
| Market cap | $2.7T |
| Close on 10/14/2026 | 254.08 |
| Change that session | -1.74% |
GOOGL
▲ Likely positiveAlphabet Inc. (Class A)
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $4.3T |
| Close on 10/14/2026 | 347.64 |
| Change that session | -1.74% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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