Anthropic files IPO, reports record $16.3 billion revenue and $2 trillion valuation target

Anthropic filed its S-1 prospectus, targeting a Nasdaq listing under ticker "ANT" with a roughly $2 trillion valuation. First-half 2026 revenue jumped 1,368 percent year-over-year to $16.3 billion, surpassing full-year 2025 revenue of $4.6 billion. The company posted its first positive GAAP operating profit of $974 million in Q2 2026, though compute costs rose 300 percent. Revenue per employee reached $6.6 million, and existing customers' spending grew ninefold, driving a net revenue retention rate of roughly 900 percent.