Anthropic’s first – Anthropic is reportedly on track to post $10.9 billion in revenue for the quarter ending in June and $559 million in operating profit—its first profitable quarter since launching in 2021. But the company is also signaling it won’t stay profitable immediately a
For Anthropic, the next few months could mark a rare kind of milestone in today’s generative AI race: profit.
The company is reportedly on track to post $10.9 billion in revenue for the quarter ending in June. according to The Wall Street Journal. That would be double the revenue it made for the first quarter. and it’s paired with a much more closely watched figure—$559 million in operating profit. If Anthropic hits that target, it would be the company’s first profitable quarter since it was founded in 2021.
The numbers aren’t just floating in the background. Anthropic reportedly shared those figures with a group of investors as part of its current funding round. If the targets hold. the company’s valuation could climb past OpenAI’s. adding a sharp edge to a moment many in the industry have learned to treat cautiously—promises are easy. quarters are harder.
Profit, however, isn’t expected to become a straight line. Even with a high likelihood of reaching profitability for the June-ending quarter. Anthropic doesn’t expect to be profitable in the quarters that follow. The company is planning to spend more money on computing and other expenses as it grows its operations further.
That tension—hitting profit now while warning it may not last—lands in an industry where the public story often moves faster than the financial one.
There’s also a second storyline tightening around Anthropic’s business. The company used to lag behind peers and wasn’t as well-known as rivals like OpenAI. despite selling its products to large enterprise customers. Over the past months, that changed. Claude has climbed to the top of the Apple App Store following a public clash with the Defense Department.
Earlier this year. Anthropic’s CEO. Dario Amodei. said the company can’t “in good conscience” comply with a Pentagon order to remove guardrails on its AI. The dispute centered on safeguards around mass surveillance and autonomous weapons. The Defense Department then labeled Anthropic a “supply chain risk. ” a designation it said is typically reserved for companies from countries like China and Russia.
President Trump also ordered federal agencies to stop using Claude. Anthropic is trying to find a way to be re-accepted by the US government. and some federal agencies are still using its products. The NSA, in particular, is reportedly using Claude Mythos Preview, the company’s unreleased AI model for cyber defense.
Openai’s own trajectory adds another layer to the picture. The company has yet to reach profitability, and it doesn’t expect to get there until 2029 or 2030. OpenAI is preparing to file for an initial public offering (IPO) and may go public as soon as September. The New York Times reported. Bloomberg previously reported that Anthropic is also considering an IPO and could go public in October.
The clash is stark: Anthropic is chasing a first profitable quarter while also signaling it will spend heavily after that win—and doing it during a period when parts of the US government are still navigating whether it should be fully trusted. When the next set of AI funding rounds arrives. those two realities—profits on paper and politics in practice—are likely to matter as much as the revenue headline.
Anthropic Claude profitability operating profit $10.9 billion revenue $559 million Dario Amodei Pentagon order guardrails supply chain risk Trump order NSA Claude Mythos Preview cyber defense IPO