A list of stats from the Anthropic S-1: - NDR is ~900% - Revenue per employee is over $6.6M, up from about $1.4M a year earlier - Revenue went from $41M three years ago to $16.3B in the first six months of 2026 - Quarterly revenue went from $4.7B in Q1 to $11.6B in Q2 - Q2 2026 was the first profitable quarter: $974M in operating income ($1.7B operating loss the quarter before) - Adjusted operating income was $1.6B in the first half of 2026, up from a $1.8B adjusted loss a year earlier - Revenue grew 1,368% year over year in Q2, while compute and infrastructure costs grew 300% - Compute went from 251% of revenue to 48% in five quarters - The value of Anthropic’s own internal Claude usage grew 250x from January to September 2026 - Anthropic spends more on tokens (at list price) than on payroll - Over 1,900 customers pay $1M+ a year, and about 250 pay $10M+ - Customers paying $100K+ went from 950 to over 11,900 in a year - Over half of the Fortune 500 pays $100K+ a year - Those Fortune 500 customers still spend less than 0.1% of their total expenses with Anthropic - The top 5% of Claude Code users spend roughly 20x what non-users on Claude Enterprise do - About 40 million smaller customers - $72.4B of the $80.7B first-half net loss is an accounting charge on convertible notes (not operating losses) - Nearly $800B in compute commitments over 10 years $141.1B raised in total, with over $130B in cash and short-term investments - Nearly half of revenue comes through Amazon, Google and Microsoft’s cloud marketplaces, all of which also compete with Claude - A single share held by the seven co-founders carries 50.1% of the vote - That share is redeemed for nothing if fewer than three founders remain