Anthropic Files to Go Public With $16.3B in Revenue

Anthropic has publicly filed an S-1 with the SEC, setting out plans to list on the Nasdaq under the ticker 'ANT'. The filing leaves the price range and share count blank for now, but the Wall Street Journal reports the offering could raise $100 billion or more at a valuation of $1.5 to $2 trillion.

The prospectus is also the first official look at the company's financials. Revenue for the first half of 2026 reached $16.3 billion, up from $1.16 billion a year earlier. The reported $80.7 billion net loss is mostly a $72.4 billion non-cash charge tied to the changing value of convertible notes, while the operating loss was $693 million.

For anyone watching the AI industry, the numbers point to rapid enterprise adoption, with more than 11,900 customers spending at least $100,000 a year. The company also reports about $131.7 billion in cash and short-term investments, along with large compute commitments. Public filings like this make it easier to judge where the sector is heading.