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Revenue & Market

Anthropic Files S-1 Ahead Of IPO

Anthropic filed its S-1, planning to list on the Nasdaq Global Select Market, with significant revenue growth and customer expansion. The company's IPO is expected to be one of the largest in history.

Original reporting · saastr.com

Original: “5 Interesting Learnings from Anthropic’s S-1 at $16.3 Billion in Half-Year Revenue: 900% NRR, $6.6M in Revenue Per Employee, and a 10% Adjusted Operating Margin”

Read “5 Interesting Learnings from Anthropic’s S-1 at $16.3 Billion in Half-Year Revenue: 900%…” at SaaStr →
5 Interesting Learnings from Anthropic’s S-1 at $16.3 Billion in Half-Year Revenue: 900% NRR, $6.6M in Revenue Per Employee, and a 10% Adjusted Operating Margin
Image: SaaStr

How this was written. Voyager Commercial wrote this article with a language model from SaaStr’s reporting (model: @cf/meta/llama-3.3-70b-instruct-fp8-fast); it describes that reporting rather than adding to it. The original, linked above, is the full story.

Key points from SaaStr’s report

  • Anthropic's revenue has grown significantly, with $16.3 billion in the first half of 2026.
  • The company has over 250 customers paying $10 million or more per year.
  • Anthropic's Net Revenue Retention is approximately 900% as of September 30, 2026.

Anthropic filed its S-1, according to SaaStr, with plans to list its Class A common stock on the Nasdaq Global Select Market under the symbol “ANT”.

The company's revenue has grown significantly, from $41 million in 2023 to $16.3 billion in the first half of 2026, roughly fourteen times the revenue from the first half of 2025.

Anthropic reports a Net Revenue Retention of approximately 900% as of September 30, 2026, with over 250 customers paying $10 million or more per year.

Questions and answers

What is Anthropic's planned stock symbol?

Anthropic plans to list its Class A common stock on the Nasdaq Global Select Market under the symbol “ANT”.

How many customers does Anthropic have with $10 million+ in annual revenue?

As of September 30, 2026, Anthropic had approximately 250 customers with $10 million+ in annual revenue.

Read the full story at SaaStr More from Tuesday, October 27, 2026’s edition