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Anthropic revenue growth outpaces Microsoft's lagging stock performance

10/15/2026

Anthropic reported a 50 percent quarter-over-quarter increase in revenue, reaching $16.8 billion, a pace that highlights a widening valuation gap between the AI-focused private company and large public tech giants.

The company's top-line expansion is outstripping the growth rates of its publicly traded peers, creating a distinct contrast in market expectations.

The scale of Anthropic's growth suggests a potential valuation of $2 trillion if the company proceeds with an initial public offering.

On a rough calculation, its 2027 revenue could exceed $100 billion, a figure comparable to the annual revenue of Morgan Stanley.

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