Anthropic reports $17 billion in Q3 revenue, purchase commitments of $895.4 billion in revised S-1

Anthropic reported updated financials as part of an amended Form S-1 filing with the Securities and Exchange Commission on Monday, giving investors a more comprehensive look into the state of its business. The artificial intelligence company said it generated $33.24 billion in revenue for the nine months ended Sept. 30, up roughly 1,200% from the same period last year. It reported a $104 billion net loss during the period, though most of that was due to the change in fair value of convertible notes and derivative liabilities. Anthropic lost $25.1 billion over the same stretch in 2025.Anthropic unveiled its highly anticipated prospectus last week, bringing the company one step closer to a potentially historic IPO. The initial filing only included the company's financials through the first half of the year. During its third quarter, Anthropic generated roughly $17 billion in revenue. The company reported a net loss of $23.29 billion for the period. As the five-year-old company prepares to kick off its road show, it will have to reckon with growing market jitters around the AI buildout. Wall Street has been worried that rising interest rates will make debt unaffordable for many data c...