Anthropic is on the verge of doing something that seemed impossible for a big AI company: making money

A leaked report says Anthropic expects Q2 2026 revenue to hit about $10.9 billion, up 130% from the prior quarter.

The company also projected $559 million in operating profit, an unusual milestone for a major AI lab.

Growth is being driven by enterprise products, API usage, and lower cloud costs across AWS and Google Cloud.

The article cautions that private-company accounting can overstate results, and Anthropic still plans heavy compute spending.