Anthropic projected to post about $19.3 billion in Q4 revenue

Analyst estimates point to another record quarter, even as the annualized run rate is expected to cool from its October peak Analysts project that Anthropic will generate about $19.3 billion in revenue for the fourth quarter of 2026. That would be another record quarter for the AI developer. The projected Q4 figure would be a sequential increase of around 14% from the roughly $17 billion Anthropic reported for Q3 2026. Compared with the same quarter a year earlier, growth would be nearly 950%. Consider the trajectory so far this year. Revenue came in at $4.7 billion in Q1, then $11.6 billion in Q2. Q3 landed at approximately $16.8 billion to $17.0 billion, up 47% from Q2 and more than 1,100% year over year.

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