Anthropic's Q3 revenue grew 1206.3% year-over-year, with operating profit turning to a loss of $567 million
Anthropic's updated prospectus shows that revenue for the first three quarters of 2026 grew 1206.3% year-over-year to $33.242 billion, while operating loss narrowed 75.9% year-over-year to $1.260 billion. In the second quarter, it had recorded an operating profit of $974 million, but in the third quarter an operating loss of $567 million reappeared, and net loss expanded 314.4% year-over-year to $104.039 billion. Caixin reported that the decline in year-over-year revenue growth and continued increases in computing power spending are the backdrop for the swing to a loss.
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The original text provides the turning-point data on Anthropic's Q3 revenue and operating profit, which can be compared with the quarterly trend disclosed in its prospectus to assess cost pressure.
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Anthropic's Q3 Revenue Continues to Soar, Operating Profit Turns to Loss
2026-11-03 15:33:26 Source: Caixin Online Author: Du Zhihang Editor-in-Charge: Qu Yunxu
By Caixin's Du Zhihang
November 03, 2026 15:33
Revenue grew over 1200%, with continued increases in computing power spending and a year-on-year decline in revenue growth, operating profit turned to a loss
Anthropic recorded operating profit in Q2 but returned to a loss in Q3. Image: Visual China
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[Caixin Online] Anthropic has updated its third-quarter financial data. On November 2 local time, Anthropic's updated prospectus showed that for the first three quarters of 2026, Anthropic's revenue grew 1206.3% year-on-year to $33.242 billion; operating loss narrowed 75.9% year-on-year to $1.260 billion; net loss widened 314.4% year-on-year to $104.039 billion.
Anthropic recorded operating profit in Q2 but returned to a loss in Q3. From Q1 2025 to Q3 2026, Anthropic's operating losses were $935 million, $1.200 billion, $3.089 billion, $2.836 billion and $1.667 billion respectively; it turned profitable in Q2 2026 with operating profit of $974 million, then posted an operating loss again in Q3 of $567 million.
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