Anthropic files for Nasdaq IPO under ticker ANT with $16.3bn first-half revenue

Key points

• Anthropic reported revenue of $16.3bn for the six months to 30 June 2026, up from $1.2bn a year earlier, and a net loss of $80.7bn.
• A trust will elect a majority of the board, while an entity owned by the seven co-founders will hold 50.1% of voting power.

Anthropic has made public its filing for an initial public offering, planning to list Class A shares on the Nasdaq Global Select Market under the ticker "ANT", Decrypt reports. The Claude developer said on 26 October that both it and existing shareholders will sell stock, with Goldman Sachs and Morgan Stanley first among 24 underwriters. The number of shares and the price range have not been set.

The public S-1 follows a confidential draft sent to the SEC in June. Reuters reported last month that backers hoped for a valuation above $2tn; in May, Anthropic raised $65bn at a $965bn valuation. Revenue for the six months to 30 June 2026 was $16.3bn, against $1.2bn a year earlier, while the net loss of $80.7bn was mostly a $72.4bn charge tied to the rising value of convertible notes. The operating loss was $693m.

Revenue and losses

As of 30 June 2026, Anthropic had raised $141bn in total and held $112bn in cash and equivalents plus $19.3bn in short-term investments. By 30 September it had more than 1,900 customers spending at least $1m a year and about 250 spending at least $10m.

The governance structure keeps control tight. A five-member Long-Term Benefit Trust will elect a majority of the board, and a single Class F share held by an entity owned by the seven co-founders will carry 50.1% of voting power, making Anthropic a "controlled company" under Nasdaq rules. The filing warns this may limit Class A holders' influence.

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