Anthropic filed to list on Nasdaq as ANT. About $72 billion of its $80.7 billion loss was non-cash.
Anthropic, the company behind the Claude AI assistant, publicly filed to go public on Monday, disclosing $16.3 billion in revenue and an $80.7 billion net loss for the first half of 2026.
The filing with the Securities and Exchange Commission says the company plans to list its Class A shares on the Nasdaq under the ticker “ANT.” It did not disclose how many shares it will sell or at what price. Goldman Sachs and Morgan Stanley lead the underwriting group, according to a review of the filing. Reports have suggested the offering could raise more than $100 billion at a valuation as high as $2 trillion, though neither is in the filing.
Revenue was $16.29 billion in the six months ended June 30, up from $1.16 billion a year earlier and more than triple the $4.59 billion for all of 2025. CNBC reported that consumption-based revenue made up 80% of the total and subscriptions 20%. About one-fifth of revenue came from two customers, according to Yahoo Finance. Most of the net loss was an accounting charge: about $72.4 billion came from non-cash changes in the fair value of convertible notes and other instruments issued to raise money. The operating loss was $693 million, narrower than the $2.1 billion a year earlier. The company reported a net loss of about $42 billion for 2025. It spent nearly $9 billion on compute and infrastructure in the first half, according to the Wall Street Journal. Some investors have already cited the loss in pushing for a lower valuation than the speculated figure.
The company could list as soon as November, the Wall Street Journal reported, citing the draft prospectus.
Information for this report was provided by CNBC, TheWrap, Yahoo Finance, The Wall Street Journal and The Associated Press.