Anthropic PBC has disclosed its financial performance for the first half of 2026 in a confidential IPO prospectus. The company reported revenue of $16.3 billion, marking a significant increase from the $1.1 billion recorded during the same period in 2025.

Despite the revenue growth, the firm posted a net loss of $80.7 billion for the first half of 2026. This figure represents a substantial rise in losses compared to the $13.0 billion loss reported in the first half of 2025.

The company attributes the surge in losses to increased expenditures on compute and infrastructure. These investments are part of a strategy to expand capabilities within the competitive artificial intelligence sector as the firm prepares for its upcoming IPO.

Market participants are currently evaluating the company's valuation prospects ahead of the public offering. Future indicators of market sentiment will include the IPO pricing strategy, investor demand, and responses from institutional investors and secondary-market platforms.