Anthropic is reportedly about to have its first profitable quarter
Anthropic is on track to achieve its first profitable quarter, projecting $10.9 billion in revenue and $559 million in operating profit. This marks a significant turnaround for the company, which has been gaining traction in the AI market despite previous challenges. However, Anthropic does not anticipate continued profitability in the upcoming quarters as it plans to increase spending on operations.
- ▪Anthropic expects to post $10.9 billion in revenue for the quarter ending in June.
- ▪The company is projected to achieve $559 million in operating profit, marking its first profitable quarter since its founding in 2021.
- ▪Despite this quarter's success, Anthropic does not expect to maintain profitability in future quarters due to increased operational expenses.
Opening excerpt (first ~120 words) tap to expand
News AI Anthropic is reportedly about to have its first profitable quarter It’s on track to post $10.9 billion in revenue, according to The Wall Street Journal. By Mariella Moon May 21, 2026 4:01 am EST Chesnot/Getty Images Anthropic is on track to post a revenue of $10.9 billion for the quarter ending in June, double the revenue it made for the first quarter, according to The Wall Street Journal. Out of that total, the company expects to post $559 million in operating profit, making it the company's first profitable quarter since it was founded in 2021 if it hits that target. The company reportedly revealed those figures to a group of investors for its current funding round, which could boost its valuation past OpenAI's.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Engadget.