Anthropic filed to list on Nasdaq under the ticker ANT, disclosing that first-half 2026 revenue grew 14 times to $16.3 billion from $1.16 billion a year earlier, while operating losses narrowed to $693 million from $2.1 billion.

More than 11,900 customers spending at least $100,000 a year generated $12 billion, or 74% of first-half revenue, and the group includes every Fortune 10 company and more than half the Fortune 500.

Anthropic sees a $40 trillion market opportunity in knowledge work, the economic value its workers created globally in 2025, which is about one-third of the $117.2 trillion global economy.

Anthropic’s filed its paperwork to go public Monday (Oct. 26), becoming the first frontier artificial intelligence (AI) lab to seek a listing. Its prospectus disclosed $16.3 billion in revenue for the first six months of 2026 against $1.16 billion a year earlier.

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The company, which plans to list on Nasdaq under the ticker ANT, disclosed a roughly 1,300% revenue increase in its S-1 prospectus. Cost of revenue rose to $2.38 billion from $1.02 billion, implying a gross margin of 85%, up from 12% a year earlier. Operating losses narrowed to $693 million from $2.1 billion.

Beyond the financial results, the filing details Anthropic’s enterprise adoption, revenue model and computing requirements.

Anthropic estimates its total addressable market at more than $40 trillion, based on the economic value generated by knowledge workers globally in 2025.

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