"Great margins once you remove capex and opex": Anthropic's 80%+ gross margin math mocked

ericwdolan · x · 2026-09-14

A quoted post notes Anthropic's gross margins are above 80% before revenue shared with distribution partners like Amazon and model training costs. The poster mocks this accounting framing — "great margins once you remove capex and opex" — a sarcastic take that nonetheless surfaces a real data point about Anthropic's margin structure and how expensive training and distribution cuts make it.

Related event: Anthropic's reported 80%+ gross margin dwarfs OpenAI's 33%(2 posts)→

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