Anthropic's annualized revenue hits $65B, up $18B in two months

Anthropic’s annualized revenue surges to $65B

Anthropic's annualized revenue run rate passed $65B by end of July, up from $47B in May and $9B at end of 2025. Investors expect $100B–$120B for full-year 2026. OpenAI's run rate doubled to $40B in the same window. Both have filed confidential IPO paperwork; Anthropic may go public this fall targeting a $2T+ valuation. The post doesn't spell out how each company calculates revenue, so direct comparisons need a grain of salt.

Why it matters: Anthropic hitting $65B annualized revenue is a hard number with a steep growth curve and an OpenAI comparison anchor. All three HKR axes hit. Not scoring 90+ because annualized revenue isn't actual cash collected, and the post doesn't disclose revenue composition or margins — ...