Anthropic swung to an operating loss in the third quarter after cutting prices for its AI models as cost pressure built.
The story so far: Anthropic Q3 2026 results
Anthropic told investors Q3 revenue rose to $16.8bn, up nearly 50% from Q2, and that it was profitable on an adjusted basis with positive cash flow. It has now swung to an operating loss after cutting prices for its AI models as cost pressure built.
Anthropic says Q3 revenue rose to $16.8bn and it turned profitable
Anthropic told investors its third-quarter revenue rose to $16.8bn, up nearly 50% from $11.5bn in the second quarter, and that it was profitable on an adjusted basis with positive cash flow, the Financial Times reported. Chips and data centres are its largest expenses, and the company is preparing for a listing.
Anthropic posts Q3 operating loss after cutting AI model prices
Anthropic swung to an operating loss in the third quarter after cutting prices for its AI models as cost pressure built.
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