Anthropic Approaches First Quarterly Profit Amid $1.25B Monthly Payment to SpaceX
Anthropic is on track to report its first quarterly operating profit in Q2 2026, with expected revenue of $10.9 billion and an operating profit of $559 million. The AI startup has significantly reduced compute costs from 71 cents per dollar of revenue in Q1 to projected 56 cents this quarter. Anthropic is paying SpaceX $1.25 billion monthly through May 2029 for access to its data center clusters, as disclosed in the latter's IPO filing.
Topics: AI computing costs M&A profitability revenue growth