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Anthropic Says ARR Nears $7 Billion as Sources Cite 2026 Targets Up to $26 Billion

Surging enterprise demand for Claude, including the cheaper Haiku 4.5 model, drives the current revenue pace.

Overview

  • Anthropic says its annualized revenue run rate is approaching $7 billion this month and declines to confirm future projections.
  • Two people familiar with the figures say the company is tracking to an internal $9 billion ARR by year-end 2025 and has set 2026 targets of $20 billion to $26 billion.
  • The company reports more than 300,000 business customers, which generate about 80% of its revenue.
  • Anthropic launched Haiku 4.5 priced at roughly one-third the cost of Sonnet 4, and a source says the Claude Code tool has reached nearly $1 billion in ARR.
  • Recent funding valued Anthropic at $183 billion after a $13 billion Series F, with plans disclosed for a 2026 Bengaluru office and expanded international hiring.