Anthropic's interest income hits $762M in Q2, up 11.9x YoY

morqon · x · 2026-10-27

Per Peter Gostev's analysis of Anthropic's S-1 filings, interest earned on Anthropic's massive cash pile reached $762M in Q2 2026, up 11.9x YoY.

The trajectory: $51M in Q1 2025, $64M in Q2, $124M in Q3, $192M in Q4, $349M in Q1 2026 — steepening every quarter. Meaning a big chunk of Anthropic's 'profit' comes from interest on cash rather than core business economics.

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