Anthropic’s annual revenue run rate reportedly crossed $65 billion by the end of July, up sharply from $47 billion in May and about $9 billion at the end of 2025. The Claude maker has confidentially filed for an IPO and was valued at $965 billion in May after a $65 billion funding round, according to reports.

Anthropic's reported annual revenue run rate topped $65 billion by the end of July, underscoring the Claude creator's rapid growth ahead of a potential public listing later this year.

Sharp jump from earlier in the year

The AI startup's latest revenue run rate, a metric that projects annual performance by extrapolating current sales levels, was up from the $47 billion in May and an extraordinary jump from about $9 billion at the end of 2025. The company shared the latest figure with investors as part of ongoing financial updates, according to Reuters' source.

IPO plans in the background