Anthropic’s first-half revenue outpaces its compute bill, according to draft IPO filing

The AI lab reported $16.3 billion in revenue against nearly $9 billion in compute spending, even as accounting charges pushed it to an $80.7 billion net loss The figures come from the company’s draft IPO prospectus, released on October 20, 2026. They show first-half revenue of $16.3 billion against compute and infrastructure spending of nearly $9 billion . Anthropic booked $16.3 billion in revenue over the first six months of 2026, up from $1.1 billion in the same stretch of 2025. The half-year haul alone is more than triple what the company brought in across all of 2025, when total revenue came to approximately $4.6 billion. Compute spending climbed too, though not at the same pace.

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