Anthropic reports $17 billion in Q3 revenue, purchase commitments of $895.4 billion in revised S-1

Anthropic reported updated financials as part of an amended Form S-1 filing with the Securities and Exchange Commission on Monday, giving investors a more comprehensive look into the state of its business. 

The artificial intelligence company said it generated $33.24 billion in revenue for the nine months ended Sept. 30, up roughly 1,200% from the same period last year. It reported a $104 billion net loss during the period, though most of that was due to the change in fair value of convertible notes and derivative liabilities. Anthropic lost $25.1 billion over the same stretch in 2025.

Anthropic unveiled its highly anticipated prospectus last week, bringing the company one step closer to a potentially historic IPO. The initial filing only included the Claude-maker’s financials through the first half of the year.

During its third quarter, Anthropic generated roughly $17 billion in revenue, up about 1,127% from the same period last year. Revenue growth slowed on a quarter-to-quarter basis, however. Third-quarter revenue increased around 47%, a steep drop from 144% growth in Q2 and 132% in Q1.

The company reported a net loss of $23.29 billion during its third quarter.