Anthropic revenue jumps to $16.3 billion as it files IPO registration statement
Key Facts
Anthropic publicly filed a registration statement for its share offering with the U.S. Securities and Exchange Commission on October 26, 2026, moving its listing plans from speculation to a formal process. SEC records show the filing was accepted at 09:00:11 that day. The registration covers an initial offering of Class A common stock in Anthropic PBC. Reuters said the anticipated listing could be the first public offering by a frontier AI lab. The prospectus, according to the agency, sets out the promise of building AI alongside its costs and risks. The move comes as market volatility narrows the autumn listing calendar and higher borrowing costs heighten investor concerns about the debt-financed AI investment boom.
Revenue figures highlight the pace of the company’s expansion: revenue reached $16.3 billion in the six months ended June 30, 2026, compared with $1.2 billion in the same period a year earlier, Reuters reported. The number of customers generating at least $100,000 in annual revenue also exceeded 11,900, up from 950 a year earlier. The figures put Anthropic’s commercial growth at the center of what investors will assess as details of the registration become public. But the prospectus also reveals widening losses: the company recorded a net loss of $80.7 billion in the first half of 2026, compared with $13 billion in the corresponding period a year earlier. Reuters said about $72 billion of the latest loss stemmed from a non-cash accounting item. The disclosures thus pair strong revenue growth with large loss figures, part of which has a materially different nature.
Anthropic plans to list its Class A shares on the Nasdaq Global Select Market under the symbol “ANT,” according to the company. It has not yet specified the number of shares to be offered or the price range, so the current disclosure does not provide details that would allow the offering’s size to be estimated. The company also said the registration statement has not yet become effective. It added that the securities may not be sold, and offers to buy them may not be accepted, before the statement becomes effective. The company warns that it expects losses to continue and may not achieve or sustain profitability. It also expects costs to rise over time and points to the possibility of slower revenue growth—risks that put the growth trajectory and spending discipline at the forefront of the offering.
In a separate development testing Boeing’s recovery, the company had set Tuesday, October 27, as the date to report third-quarter results, according to an investor relations statement. Results had not been released when the draft was published at 08:22 GMT on October 27, so the figures in circulation do not represent reported results. Ahead of the announcement, analysts expected a net loss of $153 million in the third quarter, compared with an actual loss of nearly $6 billion in the same period of 2025. They also forecast free cash flow of $330.5 million and capital expenditures of $905 million for the quarter. The company reported revenue of $24.56 billion in the second quarter of 2026, up 8% year over year, while its net loss narrowed to $428 million from $612 million a year earlier. Its backlog then reached a record $715 billion, including more than 6,200 commercial aircraft.
Deliveries are a key factor in assessing cash flow: Boeing delivered 161 commercial aircraft in the third quarter, including 124 737s. The company cautioned that delivery data are not final until the quarterly results are released. In the first nine months of 2026, it delivered 363 737 Max aircraft, its fastest delivery pace up to that point. An analyst at BNP Paribas said investors “care most about free cash flow and its main driver, which is deliveries.” He added that liquidity monitoring includes the impact of certifying the 777-9 and establishing defense production facilities. These issues provide context for analysts’ forecasts for cash flow and capital expenditures ahead of the company’s disclosure.
Boeing shares were down 17.3% year to date through the market open on Monday, October 26, Reuters reported. The results date comes as attention turns to whether deliveries can support cash flow and to the level of capital spending. Boeing said Chief Executive Kelly Ortberg and Chief Financial Officer Jay Malave would explain the results and the company’s outlook on an investor call. The call was scheduled for 10:30 a.m. Eastern Time on October 27. The presentation is set to add management guidance to analysts’ pre-announcement forecasts. The third-quarter results themselves were not available when the draft was published.