Anthropic financing document disclosure: Q2 revenue is expected to reach $10.9 billion, achieving profitability at the operational level for the first time
According to WSJ, Anthropic's revenue is expected to reach $10.9 billion in the second quarter, more than doubling from $4.8 billion in the first quarter, and it will achieve profitability at the operational level for the first time. Due to its enormous computing power requirements, the company may not be able to maintain profitability throughout the year; the operational profits have already accounted for the costs of training new models but do not include equity incentive expenses.
As part of an ongoing financing round, Anthropic disclosed this data to investors, and this round of financing is likely to raise its valuation above that of OpenAI. Last summer, Anthropic shared financial data with investors, which indicated that the company might not achieve full-year profitability until at least 2028.
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