Anthropic Earnings Q3

02 Nov 2026 14:29US Indexes US Stocks

3Q revenue was $16.96B vs. $1.38B year-over-year
9M revenue was $33.2B vs. $2.5B year-over-year
3Q operating expenses were $17.5B
3Q compute and infrastructure operating expenses were $9.86B
3Q operating loss was driven by $5B of short-term compute
3Q net loss was $23.3B vs. $12.1B year-over-year, including a $21.9B non-cash charge
$13.8B in remaining performance obligations as of September 30th
2026 contractual obligations were $5.23B
Total contractual obligations were $320B as of September 30th
Aggregate committed spend was approximately $895.4B as of September 30th
Approximately $447.5B of commitments to be incurred before 2031
Approximately $69.8B of commitments due in the next 12 months
Approximately $100.2B of new compute pacts signed after September 30th
No borrowings drawn under amended and restated credit line
3Q customers with at least $100K in trailing 12-month revenue exceeded 11,900
3Q personnel expenses were $1.71B vs. $489M year-over-year
Anthropic had $36.3B in short-term investments as of September 30th
Anthropic is committed to keeping Claude free of advertising
Cloud partners reportedly cannot supply all the compute Anthropic needs
Anthropic reportedly plans to spend more than $600B on compute