Anthropic revenue up ~65x in 18 months as valuation multiple falls to 21x
PEEEPOOpeeepoo · reddit · 2026-10-29
As Anthropic's valuation approaches $1T, a data chart lays out its revenue trajectory: annualized run-rate grew from $1B in Jan 2025 to $65B by Jul 2026, roughly 65x. Q2 2026 revenue was reported at $11.6B, and Anthropic told investors at its investor day that Q3 2026 revenue hit $16.8B.
The valuation multiple is compressing fast: priced against the latest stated revenue before each round, Series E (Mar 2025, $61.5B) was 62x, Series F ($183B) 37x, Series G ($380B) 27x, and Series H ($965B) 21x — revenue is growing faster than price.
The poster, a student, flags the downside: cloud and chip makers burn enormous hardware/energy costs, most companies haven't proven AI profitability, and classrooms that outsourced reading to Claude may be stranded if the bubble pops.
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