In Brief

Posted:

5:21 PM PDT · May 20, 2026

Image Credits:Ludovic MARIN / AFP / Getty Images

- Lucas Ropek

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.

Topics

AI, Anthropic, Claude, OpenAI

May 27

Athens, Greece

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

Subscribe for the industry’s biggest tech news

TechCrunch Daily News

Every weekday and Sunday, you can get the best of TechCrunch’s coverage.

TechCrunch Mobility

TechCrunch Mobility is your destination for transportation news and insight.

Startups Weekly

Startups are the core of TechCrunch, so get our best coverage delivered weekly.

StrictlyVC

Provides movers and shakers with the info they need to start their day.

No newsletters selected.

By submitting your email, you agree to our Terms and Privacy Notice.

Venture

Sam Altman makes ‘mic drop’ offer to every Y Combinator startup

- Julie Bort

6 hours ago

IrisGo, a startup backed by Andrew Ng, looks to become the AI desktop buddy you never knew you needed

- Lucas Ropek

8 hours ago

OpenAI co-founder Andrej Karpathy joins Anthropic’s pre-training team

- Rebecca Bellan

- Lorenzo Franceschi-Bicchierai

2 days ago

Latest in AI

Enterprise

Jensen Huang says he’s found a ‘brand new’ $200B market for Nvidia

- Julie Bort

3 hours ago

In Brief

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

- Lucas Ropek

3 hours ago

Media & Entertainment

Clouted wants to take the guesswork out of making short videos go viral

- Marina Temkin

5 hours ago

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