Industry & Policy

Anthropic's Q3 revenue hits $16.8B as growth slows ahead of IPO

Original titleAnthropic's Q3 revenue hits $16.8B but growth slows ahead of planned November IPO

Outlet: The Decoder
Published: Oct 15, 2026
Importance: 3/5

Summary

Anthropic reported $16.8 billion in third-quarter revenue, a 45 percent gain that fell far short of its Q2 surge of 140 percent. With a November IPO approaching, some investors now expect the company's valuation to drop below $1.5 trillion.

Original excerpt

Anthropic hit $16.8 billion in third-quarter revenue, a 45 percent gain that still falls far short of Q2's 140 percent surge. With a November IPO approaching, some investors now expect the company's valuation to drop below $1.5 trillion. Slowing growth and a tough market are cooling expectations for the AI boom's biggest Wall Street test yet. The article Anthropic's Q3 revenue hits $16.8B but growth slows ahead of planned November IPO appeared first on The Decoder.

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