Anthropic’s revenue rose more than 14-fold in the second quarter from a year earlier, according to preliminary figures reported by Bloomberg News, as the artificial intelligence company prepares for a potential initial public offering.
Documents viewed by Bloomberg showed that Anthropic generated more than $11.5 billion in revenue in its latest completed quarter. That compares with $787 million in the corresponding period a year earlier and $4.73 billion in the first quarter of 2026.
The documents also indicated that the Claude chatbot maker recorded positive adjusted operating income during the quarter. Bloomberg reported that the figures remain preliminary and could change.
An Anthropic spokesperson did not immediately respond to a request for comment from CNBC.
The reported increase reflects Anthropic’s growing competition with OpenAI for corporate customers. The company has gained traction among professionals using its software for tasks including coding.
In May, Anthropic said its revenue run rate had exceeded $47 billion, compared with roughly $10 billion in revenue for all of 2025.
The company has also begun early meetings with prospective investors ahead of a possible IPO, CNBC reported. The discussions have been high-level and have not included specific conversations about Anthropic’s financials or valuation, according to sources familiar with the meetings.
Anthropic chief financial officer Krishna Rao is leading the investor discussions, the sources said.
A public listing as soon as this fall could make Anthropic one of the first major private AI companies to access the public markets. Such a move could provide additional capital as the company faces rising costs for computing infrastructure, specialised hardware and data centres.
