Anthropic has confidentially submitted its initial public offering (IPO) filing
Anthropic has confidentially submitted its initial public offering (IPO) filing, planning to list on the Nasdaq Global Select Market under the ticker symbol "ANT." The S-1 filing reveals the company generated $16.29 billion in revenue for the six months ended June 30, 2026, up from $1.16 billion in the same period last year. During the same period, it reported a net loss of $80.7 billion, including $72.4 billion in expenses from changes in the fair value of convertible notes and other instruments. As of June 30, the company had raised a cumulative $141.1 billion, holding $112.4 billion in cash and cash equivalents and $19.3 billion in short-term investments. The filing also disclosed that the Long-Term Benefit Trust and seven co-founders will maintain control through a special stock structure, warning that this arrangement might make it difficult for Class A common stock shareholders to influence significant decisions.
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