Anthropic has officially filed its S-1 application for a Nasdaq IPO. Related data analysis👇 Revenue: $16.3 billion in the first half of 2026, representing a year-over-year surge of approximately 1,300%. Full-year 2025 revenue was approximately $4.59 billion. Second-quarter revenue reached approximately $11.6 billion, with operating profit of approximately $974 million—its first ever. Net revenue retention rate is exceptionally high at around 900%. Losses: Net loss of $80.7 billion in the first half. Of this, approximately $72 billion stems from non-cash accounting charges, not actual cash outflows. Operating losses remain manageable, with adjusted operating profit turning positive. Gross margin: Implied gross margin of approximately 85% in the first half. Customer base: Strong enterprise adoption—over 11,900 customers spend $100,000 or more annually, over 1,900 spend $1 million or more, and approximately 250 spend $10 million or more. No single customer accounts for more than 10% of revenue. Cash position: As of end-June, cash and cash equivalents totaled approximately $112.4 billion, plus $19.3 billion in short-term investments; cumulative funding raised amounts to approximately $141.1 billion. SpaceXAI: Up to $120.5 billion in NVIDIA GPU compute capacity (through 2029), equating to approximately $3.1 billion per month at full load, with all capacity expected to be delivered by December 2026. Initial non-cancelable period applies; thereafter, either party may terminate with 90 days’ notice. Google: At least $114.5 billion, payable regardless of actual usage. Other major commitments: Amazon—minimum $110 billion (through 2036, Trainium chips; also non-cancelable); Microsoft—at least $44.9 billion; Broadcom—equipment leasing obligations of approximately $161.2 billion; plus Nscale, Lambda, AMD, and others. Overall future compute and infrastructure obligations exceed $500–600 billion, with a significant portion structured as “take-or-pay” agreements—among the most aggressive long-term fixed spending commitments seen to date.