Anthropic, the company behind Claude, continues to show an exceptionally high growth rate, with preliminary revenue of over $11.5 billion in Q2 2026, according to documents obtained by Bloomberg.
This number is particularly interesting due to the growth rate:
Q2 2026 revenue: over $11.5 billion
Q2 2025 revenue: approximately $787 million, meaning revenue surged by over 14.6x within a year.
Q1 2026 revenue: approximately $4.73 billion, so Q2 revenue was more than 140% higher than Q1, meaning more than 2x within one quarter.
Profitability: Anthropic already reported positive adjusted operating profit in Q2, a significant turning point for a company that invested massive sums in expanding its AI operations.
The interesting part is that the company also surpassed its internal guidance.
In May 2026, it was reported that Anthropic expected revenue of approximately $10.9 billion in Q2, alongside an adjusted operating profit of approximately $559 million. At that time, Q1 revenue stood at approximately $4.8 billion.
In practice, revenue of over $11.5 billion means the company exceeded guidance by at least 5.5%.
And this is important, because guidance of $10.9 billion was already extreme in itself, reflecting more than a doubling of revenue within one quarter.
What is driving the growth?
The main factor is not just private users using Claude, but primarily business adoption, especially among software professionals and programmers.
Claude's coding tools have become an increasingly significant part of companies' workflows, with organizations using AI not just to generate text, but to actually perform complex tasks, write code, analyze information, and optimize workflows.
And this is a very important change for Anthropic's business model, because a business client using AI as part of their workflow can generate much higher and more sustained revenue than a regular consumer user.
But there is also a point to remember here
Revenue of $11.5 billion in a quarter does not mean Anthropic suddenly became a company with billions in profits.
Operating advanced AI models requires enormous amounts of computing power, and expenses for training and running the models continue to be very high.
It was previously reported that Anthropic and OpenAI are expected to jointly spend tens of billions of dollars on training and operating AI models during 2026.
Therefore, the positive adjusted operating profit in Q2 is very important, but we must continue to monitor the central question: how much of the revenue growth ultimately translates into real cash flow and profit after computing costs.
Still, the current growth rate is exceptional.
Anthropic grew from approximately $787 million in revenue in Q2 2025, to approximately $4.73 billion in Q1 2026, and to over $11.5 billion in Q2.
In other words, within one year the company transitioned from very rapid growth to a revenue engine on the scale of tens of billions of dollars annually.
For the AI market, this is another indication that the demand for advanced models and enterprise AI tools is no longer just a story of investments and infrastructure, but is beginning to manifest very clearly in the revenues of AI companies themselves.