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Anthropic Picks Nasdaq for an October IPO and Tells Investors Q2 Was a Second Straight Profit

On September 13, 2026, Business Insider and Reuters reported Anthropic selected Nasdaq for a potential October IPO, while the FT said the company told investors adjusted operating income was positive for a second consecutive quarter on $11.5 billion of Q2 revenue. Confidential S-1 already on file; not a pricing.

Tech Insights Reporter 4 min read San Francisco, CA
Cover illustration for Anthropic Picks Nasdaq for an October IPO and Tells Investors Q2 Was a Second Straight Profit

TLDR

Business Insider on Sunday, September 13, 2026 (12:01 ET), corroborated by Reuters, said Anthropic has selected Nasdaq for a potential October IPO. Some accounts float a $2 trillion valuation versus SpaceX ~$1.75 trillion in June—treat as talk, not a filed range. Same weekend FT: Anthropic told a small investor group adjusted operating income will be positive for a second consecutive quarter; Q2 revenue $11.5 billion (14× YoY from ~$787 million); ARR $65 billion end-July vs $9 billion end-2025; gross margins >80% before Amazon-style distribution share and training cost. Confidential S-1 already on file (June); financials must publish ≥15 days before a roadshow. Not a priced deal. OpenAI contrast: Altman ruled out a 2026 IPO on September 12 (Fortune)—do not dual-file that as this day’s news.

Product-line de-dupe: not Aug 14 Q2 >$11.5B print, not Aug 17 $65B run-rate, not Aug 18 supervoting / late-September window. New facts: Nasdaq venue + second consecutive adjusted profit claim.

Why this story matters

Anthropic is trying to be the first US frontier lab to list while its CEO tells the industry to pace. Watch: the 15-day financials drop, and whether Nvidia as IPO anchor (Reuters Sep 11 talks) makes the S-1.

Sources

Prior Coverage

Earlier Times of AI reporting on this thread.

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