Sep 28 2026

Anthropic's confidential IPO prospectus leaks with $4.59 billion 2025 revenue

MONEY

Original reporting

Reuters reviewed the document: $8.06 billion operating loss, a $42 billion accounting net loss including a roughly $34 billion , $518 billion in future cloud and compute obligations, and discussion above $2 trillion. The filing remains confidential.

Named in this event

Anthropic

Open calls that touch this

Anthropic holds the Sonnet 5 price increase · 70%, resolves November 30th 2026
Anthropic IPOs before OpenAI · 75%, resolves August 6th 2027
Anthropic keeps Model 2 unreleased through February 2027 · 70%, resolves March 1st 2027
A second flagship API adopts time-of-day pricing · 55%, resolves February 17th 2027
Anthropic runs no production traffic on Fractile silicon in 2027 · 70%, resolves December 31st 2027
Broadcom's Anthropic chip financing closes at $60 billion or more · 65%, resolves June 30th 2027

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