# FT 报道 Anthropic 预计 IPO 前连续第二个季度调整后运营盈利

- 来源：Rohan Paul (@rohanpaul_ai)
- 发布时间：2026-09-14 07:21
- AIHOT 分数：70
- AIHOT 链接：https://aihot.news/items/cmu0goak20nogroryhop1kiso
- 原文链接：https://x.com/rohanpaul_ai/status/2099277248830525831

## AI 摘要

FT 报道 Anthropic 预计在计划 IPO 前实现连续第二个季度调整后运营盈利。其 Q2 收入超 $11.5B，为去年同季的 14 倍；截至 2026 年 7 月底 ARR 达 $65B。毛利率超 80%，但该数字不含模型训练成本及与 Amazon 等分销商的分成。

## 正文

FT just reported Anthropic expects a second straight quarter of adjusted operating profit before its planned IPO.

Anthropic had already posted positive adjusted operating income in Q2 after revenue topped $11.5B, which is 14X the previoius quarter of last year.

ARR reached $65B by the end of July-26.

Its reported gross margin above 80%, but excludes model-training costs and revenue shared with distributors including Amazon, leaving major AI cost buckets outside that figure.