How Fast Is Anthropic's Revenue Growing?

Josh Brown says the revenue growth is what stood out in Anthropic's filing, even though leaks and comments from private investors had already pointed the same way. Revenue in the first six months of this year was up 1,300% from the first six months of last year, from $1.2 billion to $16.3 billion.

He calls that a lot of revenue for a three-year-old business that began as a public benefit corporation. The company is on pace, he says, to do something north of $30 billion in its third year. Customer concentration is real, and the annual recurring revenue figure can be nitpicked, including whether it is one strong day extrapolated forward. He still treats the sales number as worth reflecting on, because it is in an SEC filing, and he says even the bears would have to admit the scale is impressive.