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Anthropic nears first quarterly profit with $10.9B revenue, pays SpaceX $1.25B monthly

ai-technology · 2026-05-21

Anthropic, an AI startup, is on the verge of achieving its initial quarterly profit, with expectations of $10.9 billion in revenue for the second quarter and an operating profit of $559 million. However, a recent computing agreement with SpaceX, costing $1.25 billion monthly, has significantly raised the company's expenses. This financial achievement signifies a pivotal moment for Anthropic, which has been making substantial investments in its infrastructure.

Key facts

  • Anthropic projects $10.9 billion in Q2 revenue
  • Projected operating profit of $559 million
  • Pays SpaceX $1.25 billion per month for compute
  • First quarterly profit milestone
  • Revenue growth driven by AI services
  • High compute costs from SpaceX deal
  • Company is an AI startup
  • Financial data from Q2 projections

Entities

Institutions

  • Anthropic
  • SpaceX

Sources