Anthropic has told its investors it expects to more than double its revenue to approximately $10.9 billion in the second quarter of 2026 — and post an operating profit for the first time in the company’s history, according to a report by the Wall Street Journal published May 21, 2026.
The financial projections were shared with investors as part of an ongoing funding round. The quarter-over-quarter revenue growth would place Anthropic in a strong competitive position relative to OpenAI, its chief rival in the AI industry.
However, the profitability milestone may be short-lived. The Wall Street Journal notes that Anthropic may not remain profitable throughout the full year, due to significant compute costs the company is scheduled to incur in coming quarters.
Anthropic’s growth has been driven in part by rising demand for its Claude chatbot, which has gained traction among professionals over the past year. The company has also moved to broaden its customer base, recently announcing a new service aimed at small business owners and new tools designed for law firms.
The timing of the disclosure is notable: the news emerged on the same day reports surfaced that OpenAI is likely preparing to file for an IPO. Anthropic declined to comment further on its financials.
Source: TechCrunch