Anthropic, PBC

S-1 filed

DRS/A amended

DRS/A amended

DRS/A amended

Anthropic, PBC's current filing highlights significant financial losses, with a $41.9 billion pre-tax loss in 2025 and a $80.7 billion loss through June 2026. The company faces substantial tax liabilities, including a full valuation allowance on deferred tax assets due to cumulative losses. A $1.5 billion settlement in the Bartz copyright infringement case was finalized in July 2026, with $300 million paid in 2025. The filing also details $265.6 billion in future infrastructure commitments and risks related to tax attribute limitations from ownership changes. Income tax expenses remain minimal due to valuation allowances, while legal and regulatory uncertainties persist.

DRS/A amended

Anthropic, PBC's latest filing highlights significant revenue growth, with total revenue reaching $4.585 billion in 2025, driven by both consumption-based and subscription-based models. The company reports $269 million in deferred revenue and $2.1 billion in remaining performance obligations, indicating strong future revenue potential. Recent accounting standard adoptions, including ASU 2025-05 (credit loss measurements) and ASU 2025-06 (internal-use software capitalization), are disclosed, with no material financial impact. Foreign currency translation adjustments and legal contingency risks are also emphasized.

DRS/A amended

Anthropic, PBC's current filing highlights significant revenue growth, with total revenue reaching $4.585 billion in 2025, driven by consumption-based revenue. The filing details deferred revenue changes, remaining performance obligations of $2.1 billion, and adoption of new accounting standards like ASU 2025-05 and ASU 2025-06. It also addresses tax accounting, loss contingencies, and share repurchase policies.

CONFIDENTIAL-S1 filed

Anthropic, PBC disclosed on June 1, 2026 that it confidentially submitted a draft S-1 for a proposed IPO after closing a May 28, 2026 Series H funding round at a $965 billion post-money valuation.

CONFIDENTIAL-S1 filed

Anthropic confirmed a confidential S-1 submission on June 1, 2026. Third-party coverage frames the filing as a major AI IPO lead rather than a rumor, with no deal terms yet disclosed.

DRS filed

Anthropic, PBC's recent filing details financial reporting policies, revenue growth, deferred revenue, and investments. The company reports significant revenue increases, with $4.585 billion in 2025, driven by U.S. and international markets. Deferred revenue grew to $269 million, and remaining performance obligations totaled $2.1 billion, with 75% expected to be recognized in the next 12 months. The filing also outlines accounting changes, including adoption of new FASB standards related to segment disclosures, tax disclosures, and software capitalization.