Anthropic projects $70B in revenue by 2028: Report

According to reports from The Information, Anthropic is poised to achieve remarkable financial success, with projections indicating potential revenues of up to $70 billion and cash flow of $17 billion by 2028. This growth is primarily attributed to the widespread adoption of Anthropic’s business solutions, as per sources familiar with the company’s financial performance.

In a recent article by Reuters, it was noted that Anthropic is on track to significantly increase its annual revenue run rate, potentially doubling or even tripling it in the coming year. The company aims to achieve an annual recurring revenue (ARR) of $9 billion by the end of 2025, with a target range of $20 billion to $26 billion for 2026.

The revenue forecast for this year includes substantial earnings from the sale of access to Anthropic’s AI models through an API, with projected revenues of $3.8 billion. In comparison, OpenAI expects to generate $1.8 billion from API sales. Additionally, Anthropic’s AI assistant Claude Code is anticipated to generate around $1 billion in annualized revenue, a significant increase from previous figures.

Recent strategic partnerships with tech giants like Microsoft and Salesforce have further bolstered Anthropic’s position in the market. These collaborations have led to the integration of Anthropic’s AI models into popular software applications, paving the way for widespread adoption among major corporations like Deloitte and Cognizant.

To enhance its offerings, Anthropic has introduced new, more cost-effective AI models tailored for businesses deploying AI at scale. These innovations, such as Claude Sonnet 4.5 and Claude Haiku 4.5, cater to the evolving needs of enterprises seeking efficient AI solutions.

With ambitious growth targets in sight, Anthropic is reportedly considering further funding rounds to support its expansion plans. The company’s recent funding round valued it at $170 billion, and it is now eyeing a valuation between $300 billion and $400 billion in the future.

In terms of financial performance, Anthropic is projected to achieve a gross profit margin of 50% this year, rising to 77% by 2028. This positive trajectory marks a significant improvement from previous years, indicating the company’s increasing profitability.

In contrast, Anthropic’s competitor OpenAI, valued at $500 billion, is pursuing a similar B2B strategy alongside consumer-focused initiatives. While OpenAI anticipates substantial revenue growth, it is also projected to incur substantial losses, with cash burn expected to reach $115 billion by 2029.

Techcrunch event

San Francisco
|
October 13-15, 2026

Leave a Reply

Your email address will not be published. Required fields are marked *