@stacey_campbell Let me put it a different way.
Anthropic's revenues are currently $16.8 billion per quarter. With that amount of revenue, it's losing $40 billion a quarter.
That means for every $1 of revenue currently coming in, it would need an additional $2.38 just to break even.
So every $1 of tokens costs the company $3.38 to produce.
Oct 25, 2026, 9:29 AM@ajsadauskas @stacey_campbell @aj The $80 billion loss is a bit misleading as I understand it.
$72 billion of that is related to "convertable notes" and the increase in the company valuation.
That said, yeah they seem to be running at a loss. And until there's actually audited numbers, it's hard to know the true story.
@troberts @ajsadauskas there is no company valuation. Just wait. @stacey_campbell @aj
@ajsadauskas imagine being a CFO for a shop like this and go "yeah all good, no worries mate" ... @stacey_campbell
Oct 26, 2026, 12:23 PM