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ResearchOctober 15, 2026

Anthropic's Q3 revenue hits $16.8B but growth slows ahead of planned November IPO

Anthropic hit $16.8 billion in third-quarter revenue, a 45 percent gain that still falls far short of Q2's 140 percent surge. With a November IPO approaching, some investors now expect the company's valuation to drop below $1.5 trillion. Slowing growth and a tough market are…

Matthias Bastian·The Decoder
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Key Takeaways
  • 01.Anthropic hit $16.8 billion in third-quarter revenue, a 45 percent gain that still falls far short of Q2's 140 percent surge
  • 02.With a November IPO approaching, some investors now expect the company's valuation to drop below $1.5 trillion
  • 03.Slowing growth and a tough market are…

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