← All news·2026-09-20·3 min read

Anthropic Delays IPO: Revenue Doubled, Infrastructure Costs Up 65%

Anthropic is delaying its IPO to November 2026 to show Q3 results first. In Q2, revenue doubled to $11.5 billion, but infrastructure costs rose 65%.

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Anthropic is delaying its IPO from October to November 2026 to wait for third quarter results. In the second quarter, revenue doubled from $4.7 billion to $11.5 billion. The number of customers spending at least $100,000 per year grew from 1,500 to 6,000.

Infrastructure costs in the same quarter rose 65%, from $3.4 billion to $5.6 billion. The SpaceX deal alone costs $1.25 billion per month. I would not expect API prices to drop quickly: costs are clearly growing faster than revenue.

Source: the-decoder.com

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EAEvgenii Arsentev

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Evgenii Arsentev

PhD · Chief Executive Officer, digital health