Anthropic, PBC Form S-1 Registration Statement

English summary

Filed 2026-10-26: revenue $41M/$386M/$4.6B (2023-25). H1 2026 $16.3B (+1,300% YoY). Q2 revenue +1,368% vs compute/infra expense +300%. H1 2026 cost of revenue $2.38B, R&D $9.74B, S&M $3.81B. H1 net loss $80.7B (includes convertible-note fair-value change). CSP marketplaces 58% of receivables.