Anthropic says it’s about to have its first profitable quarter

Anthropic has told its investors that it will more than double revenue to around $10.9 billion in its second quarter, and deliver an operating profit for the first time, the Wall Street Journal reports. That’s a big milestone and fast quarter-over-quarter growth that would put it in an advantageous position relative to its chief competitor, OpenAI. However, the WSJ reports, it may not remain profitable throughout the year due to the large compute costs it’s scheduled to incur. These financials were recently shared with the company’s investors as part of a funding round. The startup has gained in popularity over the past year, as more and more professionals have expressed a preference for its chatbot, Claude. The company has also made recent efforts to diversify its customer base — including announcing a new service for small business owners and new tools for law firms. Interestingly, this info about Anthropic’s alleged profitability dropped the same day as news broke about OpenAI likely filing for its IPO soon. Anthropic declined to provide further comment. StrictlyVC Athens is up next. Hear unfiltered insights straight from Europe’s tech leaders and connect with the people shaping what’s ahead. Lock in your spot before it’s gone. Newsletters See More Subscribe for the industry’s biggest tech news Every weekday and Sunday, you can get the best of TechCrunch’s coverage. TechCrunch Mobility is your destination for transportation news and insight. Startups are the core of TechCrunch, so get our best coverage delivered weekly. Provides movers and shakers with the info they need to start their day. By submitting your email, you agree to our Terms and Privacy Notice. Anthropic says it’s about to have its first profitable quarter Lucas Ropek 15 seconds ago Media & Entertainment Clouted wants to take the guesswork out of making short videos go viral Marina Temkin 2 hours ago AI xAI burned $6.4B last year — SpaceX’s IPO filing shows why the spending is far from over Rebecca Bellan 2 hours ago X LinkedIn Facebook Instagram youTube Mastodon Threads Bluesky TechCrunchStaffContact UsAdvertiseCrunchboard JobsSite Map Terms of ServicePrivacy PolicyRSS Terms of UseCode of Conduct AnthropicSAPSamsungMarc LoreTechCrunch DisruptTech LayoffsChatGPT © 2026 TechCrunch Media LLC.