Anthropic posts $3.4B positive free cash flow in first half of 2026
BenBajarin · x · 2026-10-26
Leaked consolidated cash flow statements show Anthropic generated $3.93B in operating cash flow in H1 2026, or $3.4B positive free cash flow after $482M capex — countering the "burning cash like crazy" narrative. Stock-based compensation was only $2.2B, so FCF stays positive even after deducting SBC. Enterprise adoption data: as of Sept 30, 2026, 11,900+ customers spend $100K+/yr, 1,900+ spend $1M+, and 250 spend $10M+.
Related event: Leaked financials show Anthropic cash-flow positive with $11.55B Q2 revenue(3 posts)→
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