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Revenue for the AI provider climbed to $4.59 billion for fiscal year 2025, a 1,088% increase from $386 million the previous year. An IPO prospectus seen by Reuters shows a GAAP net loss of $41.97 billion for the period, expanding from an $8.31 billion loss in fiscal 2024. Compute and infrastructure costs rose 190% to $7.33 billion, accounting for 58% of total operating expenses, while GAAP operating losses widened to $8.06 billion from $2.98 billion a year earlier. Anthropic held $20.28 billion in cash and short-term investments as of December 31, 2025, and its two largest direct customers each represented 12% of total revenue.
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Key sources
- SOURCEmarketbrief.now
- SOURCEhuggingnewshuggingnews.com
- SOURCE@tradfi“ANTHROPIC FY25 REVENUE $4.59 BLN, UP 1,088% Y/Y FROM $386 MLN IN FY24”x.com
- SUPPORT@marketnews_feed“ANTHROPIC TO SPEND $518B ON CLOUD, INFRASTRUCTURE IN 2027”x.com
- SUPPORT@wallstengine“Anthropic could seek a valuation above $2 trillion”x.com
- SOURCE@stocksavvyshay“Compute spend: $7.3B (58% of total OpEx)”x.com
- SUPPORT@rhouseresearch“roughly $34 billion accounting charge that reflected an increase in the estimated value of financing”x.com
- SUPPORT@jon_stokes“metered inference is unprofitable for basic structural reasons”x.com