Leaked Anthropic S-1 shows $11.6B Q2 revenue and profit as OpenAI's mega-round stalls

ns123abc · x · 2026-10-31

A viral breakdown of Anthropic's reported S-1 filing: Q2 revenue of $11.6B (more than doubling QoQ) with $974M operating profit, $1B of it attributed to Claude Code. By contrast, OpenAI reportedly grew revenue only 18% QoQ to $6.7B with deepening operating losses; its $30B round stalled at $11B, the $1.4T valuation target faltered, and OpenAI is now courting family offices and HNW individuals to raise up to $20B at $1.25T. OpenAI-side details are unconfirmed.

Related event: Anthropic Files S-1 to Go Public: $16.3B Half-Year Revenue and a 92-Page Risk Section Stir Debate(8 posts)→

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