Harvey's gross margin fell from 50% to -50% as agent token use spiked 20x
SumitGup · x · 2026-09-22
Bloomberg reports Harvey's gross margin dropped from about 50% to roughly -50% by June, as agentic token usage on rented OpenAI and Anthropic models spiked twentyfold — a stark case study in the economics of AI agents.
Related event: Harvey's Margins Collapse from 50% to -50% as Agent Token Use Soars 20x(5 posts)→
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