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Anthropic on track for first profitable quarter

AI lab set to hit milestone ahead of competitors OpenAI and xAI

Anthropic is poised to record its first profitable quarter ahead of rivals OpenAI and Elon Musk’s xAI after a period of soaring revenues at the company.

The San Francisco-based AI group has told investors that its revenue for the second quarter of 2026 will be $10.9bn, more than double the $4.8bn posted for the first three months of the year, according to people familiar with the matter.

That will propel Anthropic to an operating profit of $559mn for the period, they said.

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