Anthropic's gross ARR reportedly hits $65B, implying a $1.3-1.6T valuation

LexSokolin · x · 2026-09-07

Per figures shared by @jonbma, Anthropic's gross ARR was reported at $65B in July 2026, with $10B in net new ARR per month — implying $85B in Q3'26 and $115B in Q4'26.

After stripping out:

Net ARR lands around $62B (Q3'26) and $82B (Q4'26). At a 20x EV/ARR multiple, that implies a $1.3T valuation in Q3'26 and $1.6T by Q4'26 — making the $1.4T pre-IPO price on prestocks look reasonable.

Lex Sokolin quipped: we will all work for Anthropic, especially the cypherpunks.

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