After weeks of leaked drafts, Anthropic filed its public prospectus on Monday, October 26. The company plans to list on Nasdaq under the ticker ANT. According to the filing, revenue in the first half of 2026 reached $16.3 billion, up from $1.2 billion a year earlier. Operating loss narrowed to $693 million, but net loss came to $80.7 billion, driven mainly by non-cash accounting adjustments tied to convertible notes.
The filing also details the scale of the enterprise business: as of the end of September, more than 11,900 customers spend over $100,000 a year, about 1,900 spend over $1 million, and roughly 250 spend over $10 million. Anthropic also disclosed compute commitments worth hundreds of billions of dollars with cloud and chip suppliers over the coming years.
The governance structure is unusual: the seven co-founders, through a joint entity, will hold 50.1% of the voting power, and the Long-Term Benefit Trust will continue to appoint most board members. Anthropic says this is meant to protect its safety mission; it also means public shareholders will have little practical control. The company has not yet said how much it aims to raise or at what share price.
